2 S Water St, Mobile, AL 36602 Property Records

Mobile County property record for 2 S Water St, Mobile, AL 36602

Property Summary

Property Type	Other Improved
Lot Size	0.108 acres (4,748 sqft)
Owner	Company Name on File
Last Sale	$1,870,000 (Mar 2021)
Tax Bill	$749 (2025)
Deeds & Mortgages	Mar 2021 Sale & Mortgage Jun 2019 Sale + 1 more
Flood Zone	Zone AE (high risk)
APN	`R022906400002278`

Property Details

APN / Parcel Number

Primary APN	`R022906400002278`
Alternative APNs	`29 06 40 0 002 278.XXX` `00736751` `736751`

Exterior

Lot Area	4,748 sqft (0.108 acres)

Location & Zoning

Account Number	736751
Old Parcel Number	R022906400002278
Street Address	2 S WATER ST
City	MOBILE
State	AL
Zip	36602-3706
Property Category	Other
Property Type	Other > Other Improved
Legal Description	LOT 1 BLK 54 D FOURTH UNIT WATER ST URBAN RENEWAL PROJECT AL R34 SUB AS RECORDED IN MBK 24 P 6 #SEC 40 T4S R1W #MP29 06 40 0
Legal Range	01W
Legal Township	04S
Legal Section	40
Legal Subdivision	COMMERCIAL SITE
Legal Block	54
Legal Lot Number	1
Jurisdiction	MOBILE AL
Township / Civil Division	MOBILE
Census Block Group	1
Census Block	1023
Census Tract	200

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Lower Dauphin Street Historic District (Boundary Increase) listed 1982 · 40 contributing resources · NRIS 82002059

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

2 S Water St is owned by a company that bought it in March 2021.

Source: Mobile County records, as of December 22, 2025

Owner of Record	Company Name on File
Mailing Address	7672 RIGGIN CT, MOBILE, AL 36695-2304
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 4, 2021	Warranty Deed, Transfer · Commercial Mortgage OAKWORTH CAPITAL BANK
Jun 7, 2019	Warranty Deed, Transfer ATTORNEY ONLY
Nov 26, 2018	Warranty Deed, Transfer OTHER

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 4, 2021 · Amount on File
Deed Sale	Mar 4, 2021 · Amount on File
Deed Document Number	2021013688
Record Updated	Jun 8, 2026

March 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MOBILE AL
Recording Date	Mar 4, 2021
Property Address	2 S WATER ST, MOBILE, AL 36602-3706
Document Number	0000013688
Instrument Date	Mar 2, 2021
Instrument	2021013688
Transaction Type	Transfer
Record Updated	Sep 11, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3280 DAUPHIN ST # STC104, STC104, MOBILE, AL 36606-4060

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7672 RIGGIN CT, MOBILE, AL 36695-2304

Mortgage

Document Number	0000013689
Date	Mar 4, 2021
Instrument	2021013689

Lender

Name	OAKWORTH CAPITAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

June 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MOBILE AL
Recording Date	Jun 7, 2019
Property Address	2 S WATER ST, MOBILE, AL 36602-3706
Document Number	0000031924
Instrument Date	Jun 3, 2019
Instrument	31924
Transaction Type	Transfer
Record Updated	Jun 24, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$0.50
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	6 S SUMMIT ST FAIRHOPE AL 365322332, FAIRHOPE, AL 36532-2332

November 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MOBILE AL
Recording Date	Nov 26, 2018
Property Address	2 S WATER ST, MOBILE, AL 36602-3706
Document Number	0000065856
Instrument Date	Nov 16, 2018
Instrument	65856
Transaction Type	Transfer
Record Updated	Feb 28, 2019
Title Company	OTHER

Transaction

Amount	Amount on Record
Tax	$74.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

Tax Assessment & Valuation

The 2025 property tax bill for 2 S Water St was $749, up 24% from the year before.

Source: Mobile County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Alabama
County	Mobile County
Municipality	Mobile City
Unified School District	Mobile County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$749.00 (+24.01%)	$22,820 (+25.11%) Land $20,080 Building $2,740	$114,100 (+25.11%) Land $100,400 Building $13,700
2024	$604.00 (+29.89%)	$18,240 (+31.22%) Land $15,500 Building $2,740	$91,200 (+31.22%) Land $77,500 Building $13,700
2023	$465.00	$13,900 Land $11,960 Building $1,940	$69,500 Land $59,800 Building $9,700

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 2 S Water St in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective October 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	11.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 79 individual policies
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	134 units insured incl. 55 condo units
Nearby Flood Claims	179 (1979–2022)
Claims Outside the SFHA	43 of 179
Most Recent Claim	Nov 2022 · rainfall accumulation
Claims by Event	Hurricane Katrina, Aug 2005 · 53 claims Hurricane Georges, Sep 1998 · 20 claims Hurricane Elena, Sep 1985 · 9 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 2 S Water St is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 91% of Alabama
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MOBILE, BD. OF W&S COMM. OF THE serves 279,000 people · EPA ID AL0001005
Water Source	Surface water
Last State Inspection	Sep 2023
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2023
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 186 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30
AT&T Fixed Wireless · Fiber in parts of the area	100 / 20

May also be available: Benchmark Communications, REV, T-Mobile, Verizon.

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