5508 Malcolm Dr, Mobile, AL 36693
OFF MARKET

$163,500

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 1,718 sqft (on 1 acre)

5508 Malcolm Dr, Mobile, AL 36693

Terrace Hills
Est. Refi. Payment $1,013/mo*
Refinance Your Home
Currently Off Market - Sold Oct 13, 1989 for $53,000

Home Value

Trulia Estimate
$164K
Since last month
Decreased$9K (-5.1%)
Since last year
Increased$18K (+12%)
Since last sale
Increased$111K (+209.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +42% in the last 10 years
MonthEstimated value
2026
August 2026$164K
August 2026$164K
July 2026$173K
June 2026$154K
May 2026$161K
April 2026$154K
March 2026$151K
February 2026$143K
January 2026$152K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5501 Malcolm Dr, Mobile, AL
0.07
Single-Family Home
$110,000
12/01/25
3
2
1,290
5413 Greenleaf Rd, Mobile, AL
0.17
Single-Family Home
$227,000
03/13/26
4
2
1,839
5612 Bentley Ln, Mobile, AL
0.51
Single-Family Home
$169,000
05/22/26
3
1
1,420
2207 East Rd, Mobile, AL
0.30
Single-Family Home
$64,000
05/08/26
1
1,808
5250 Woodmere St, Mobile, AL
0.62
Single-Family Home
$200,000
12/11/25
3
1
1,794
5435 Highland Rd, Mobile, AL
0.30
Single-Family Home
$85,000
06/09/26
1
2,133
5921 Rio Vista Dr, Mobile, AL
0.91
Single-Family Home
$70,000
02/03/26
3
1
2,178
5405 Greenleaf Rd, Mobile, AL
0.20
Single-Family Home
$180,000
08/20/26
3
2
1,322
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5504 Malcolm Dr, Mobile, AL 36693
0.03
$118,600
2
1
1,162
Off Market
5500 Malcolm Dr, Mobile, AL 36693
0.05
$127,500
2
1
1,271
Off Market
5420 Malcolm Dr, Mobile, AL 36693
0.08
$150,400
Studio
1
1,488
Off Market
5412 Malcolm Dr, Mobile, AL 36693
0.13
$136,300
3
1
1,010
Off Market
5408 Malcolm Dr, Mobile, AL 36693
0.16
$200,100
Studio
1
2,287
Off Market
5404 Malcolm Dr, Mobile, AL 36693
0.18
$175,500
Studio
1
1,741
Off Market
5512 Malcolm Dr, Mobile, AL 36693
0.03
$198,800
3
1
1,670
Off Market
2409 East Rd, Mobile, AL 36693
0.04
$581,200
5
3.5
4,400
Off Market
2503 East Rd, Mobile, AL 36693
0.07
$195,400
3
2
1,781
Off Market
5513 Malcolm Dr, Mobile, AL 36693
0.05
$220,000
3
2
2,068
Off Market
5509 Malcolm Dr, Mobile, AL 36693
0.04
$204,200
3
2
1,773
Off Market

Local Information

  • Map ViewExplore the area around 5508 Malcolm Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1954
1 acre lot
1,718 sqft
$95/sqft

About this House

This single-family home is located at 5508 Malcolm Dr, Mobile, AL. 5508 Malcolm Dr is in the Terrace Hills neighborhood in Mobile, AL and in ZIP code 36693. This property has 4 bedrooms, 1 bathroom and approximately 1,718 sqft of floor space. This property has a lot size of 1 acre and was built in 1954.
5508 Malcolm Dr, Mobile, AL 36693 is a 4 bedroom, 1 bathroom, 1,718 sqft single-family home in Terrace Hills, built in 1954. It last sold for $53,000 on Oct 13, 1989. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $163,500, with a rent estimate of $1,908/month.

Home Details for 5508 Malcolm Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Other, Carpet
Interior Details
Number of Rooms: 8
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood
Pool
Pool
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1954Year Updated: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Oct 13, 1989
Source: N/A
Sold
$53,000

Market trends in Mobile

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$230K
$6.35KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$134
$0MoM
Available listings
1105
15MoM

Around this home

Neighborhood Overview

Terrace Hills
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Terrace Hills

At least 20 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 88 % Say parking is easy

  • 79 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 58 % Say there's holiday spirit

  • 52 % Say there are sidewalks

  • 52 % Say it's quiet

  • 52 % Say they plan to stay for at least 5 years

  • 52 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 48 % Say kids play outside

  • 40 % Say there's wildlife

  • 23 % Say it's walkable to grocery stores

  • 11 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "People let their dogs poop in anyone’s dogs and don’t clean it up. It’s safe to walk though, people usually are relatively slow and look out for you"
    1
    Flag
  • Tianna H.
    "this neighborhood is minutes from the interstate. it’s close to everything, about 15 to 20 minutes from Midtown, Weat Mobile, Theodore."
    0
    Flag
  • Daphne
    "i don't know. i have only been here a few months but my neighbors are friendly and kind. So far I have made friends with several of my sweet neighbors."
    0
    Flag
  • Daphne
    "My neighborhood is quiet, well kept, fruendly and seems safe. Grocery stores, banks, churches, veterinarian, are within about a mile in any direction."
    0
    Flag
  • csfillingham
    "The only negative thing I can say about this area is getting onto Cottage Hill Rd is bad because of no traffic light or turn lane from East Rd. and school traffic is bad in those time slots ."
    17
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5508 Malcolm Dr

  • What is 5508 Malcolm Dr estimated to be worth?
    Trulia's estimated value for 5508 Malcolm Dr in Mobile, AL is $163,500.
  • What is the price history for 5508 Malcolm Dr?
    5508 Malcolm Dr in Mobile, AL last sold for $53,000 in October 1989.
  • Is Mobile a buyer's or seller's market?
    Mobile is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Mobile?
    The median sale price in Mobile is $230K. That is up $6.35K from the prior month.
  • Does 5508 Malcolm Dr have a pool?
    Yes, 5508 Malcolm Dr in Mobile, AL has a pool.
  • How big is the lot at 5508 Malcolm Dr?
    The lot at 5508 Malcolm Dr in Mobile, AL is about 1 acre.

Explore by feature - Pet Friendly

196 pet-friendly rentals in Mobile, AL

Explore by feature - Garage

69 rentals with a garage in Mobile, AL

Explore by feature - Air Conditioning

261 rentals with air conditioning in Mobile, AL

Explore by feature - Pool

75 rentals with a pool in Mobile, AL

Explore by feature - Washer/dryer

260 rentals with a washer/dryer in Mobile, AL

Explore by feature - Outdoor Space

107 rentals with an outdoor space in Mobile, AL

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5508 Malcolm Dr

Skip to last item
Skip to first item

Homes for sale near 5508 Malcolm Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item