NOT LISTED FOR SALE
38 Beds
19 Baths
9,880 Sq Ft
1960 Built

Sale Details

Date Sold: September 17, 2021

Last sale price $561,500 $57 Per Sq Ft

22 Days on Market

About This Home

As of September 2021

Calling all investors!!!!! Are you looking for an income producing property? Well, you found it!!! This tenant occupied property is centrally located (close to schools, shopping, and more). This is a prime location for prospective tenants! Property has on street and some rear parking. Property is also currently being professionally managed. Don't hesitate, call and schedule your appointment to view this property today!! Please do not disturb the tenants.

Last Agent to Sell the Property

Gia Kendall

Divine Approach Real Estate an Listed on: 07/21/2021

Last Buyer's Agent

Gia Kendall

Divine Approach Real Estate an Listed on: 07/21/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1960

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Laminate
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Washington Elementary School
  • Arrington Middle School
  • Ramsay High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant)
  • The owner pays for trash collection (owner)

Community Details

Overview

  • 19 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $5,410
  • Gross Income $7,614

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,056

Year Built

Built in 1960

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Dual or Variable Rate Commission: Yes
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Floors: Laminate, Tile, Vinyl
  • Miscellaneous: Pets Allowed

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR), Gas (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Individual Units (HEAT)
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 19

Lot Info

  • Assessor Parcel Number: 29-00-04-1-004-011.005

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1056

Multi Family

  • Expenses: 5410
  • Gross Income: 7614

MLS Schools

  • Elementary School: WASHINGTON
  • High School: RAMSAY
  • Jr Middle School: ARRINGTON

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Interest Rate
0.0729%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 17, 2021
Sold by
Bought by
Seller's Agent
Gia Kendall
Divine Approach Real Estate an
Buyer's Agent
Gia Kendall
Divine Approach Real Estate an
List Price
$500,000
Sold Price
$561,500
Premium/Discount to List
$61,500
12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,937
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
0.041%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,180,000 --
$561,500 --
$360,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $767,000
Previous Owner $620,937
Previous Owner $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $561,500 +12.3% $57 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $500,000 -- $51 / Sq Ft
Source: Greater Alabama MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,250 $31,040
2024 $1,401 $31,040
2022 $1,056 $14,560 $2,160 $12,400
2021 $1,056 $14,560 $2,160 $12,400
2020 $1,056 $14,560 $2,160 $12,400
2019 $905 $12,480 $0 $0
2018 $734 $10,120 $0 $0
2017 $734 $10,120 $0 $0
2016 $734 $10,120 $0 $0
2015 $734 $10,120 $0 $0
2014 $692 $9,960 $0 $0
2013 $692 $9,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1292989

Greater Alabama MLS
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