NOT LISTED FOR SALE

1040 42nd St S Unit 1040B Birmingham, AL 35222

Forest Park Neighborhood

Estimated Value: $266,000 - $284,000

2 Beds
1 Bath
1,214 Sq Ft
$240/mo HOA Fee

Last Sold June 27, 2013

Last sale price $165,000 $136 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,870/month

193 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • Home Office
  • Main Floor Primary Bedroom
  • Screened Porch
  • Stainless Steel Appliances

About This Home

As of June 2013

You want to live in the beautiful historic neighborhood of Forest Park, on one of the best streets- with sidewalks and estate homes. You want a beautifully updated condo on this street, but you want historic charm as well. You want at least 2 large bedrooms and a third room for an office. Oh, and you want a screened porch with gorgeous view of the neighborhood, off-street parking, and recent maintenance (roof, painting) already done for you? And, you want all of this for under $175k? Sounds like you want it all! GOOD NEWS- now you can have it. This GORGEOUS condo with hardwoods and crown molding is spacious, modern (stainless and granite) but with historic charm, and move-in ready. Come see for yourself; you will be proud to live here.

Last Agent to Sell the Property

Elisa Macon

RealtySouth-MB-Crestline License #000094282 Listed on: 11/20/2012

Last Buyer's Agent

Christopher Baker

Marcrum Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,952

Year Built

  • 1920

Lot Details

  • Historic Home

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • Off-Street Parking

Interior Spaces

  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Dining Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, pest control, sewage service, utilities for comm areas, water

Listing and Financial Details

  • Assessor Parcel Number 23-32-1-017-009.319

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,952

Year Built

1920

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Class: RESIDENTIAL
  • Legal Description: UNIT 1040-B FOREST PARK CONDO PHASE II REAL 2364 PG 340 PB 137 PG 42 ALSO UND 1/20% INT IN COMMON ELEMENT
  • Historic Register: Yes
  • Property Type: Condo
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Interior Amenities: Recess Lighting, Security System
  • Floors: Hardwood
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Office/Study, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Basement Style: Full Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Refrigerator, Some Stainless Appl, Stove-Electric
  • Laundry: Yes
  • Laundry Space: Room

Exterior Features

  • Construction: 4 Side Brick
  • Exterior Features: Porch Screened
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association Fee Per: Monthly
  • Condo Fees: Yes
  • Condo Association Fee: 240
  • Condo Fee Per: Monthly

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Sewage Service, Utilities for Comm Areas, Water

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-32-1-017-009.319

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: BIRMINGHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2016
Sold by
Rhoden Meagan Sloane
Bought by
Sheridan Abigail J
Total Days on Market
193
Current Estimated Value
$276,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Outstanding Balance
$123,011
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$157,640

Purchase Details

Listed on
Nov 20, 2012
Closed on
Jun 27, 2013
Sold by
Perdue John D
Bought by
Rhoden Meagan Sloane
Seller's Agent
Elisa Macon
RealtySouth-MB-Crestline
Buyer's Agent
Christopher Baker
Marcrum Management
List Price
$173,900
Sold Price
$165,000
Premium/Discount to List
-$8,900
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$156,750
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2005
Sold by
Findlay Megan E
Bought by
Perdue John D and Perdue Christy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2003
Sold by
Norris Joan
Bought by
Findlay Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
5.74%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheridan Abigail J $168,500 --
Rhoden Meagan Sloane $165,000 --
Perdue John D $171,000 --
Findlay Megan E $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheridan Abigail J $151,650
Previous Owner Rhoden Meagan Sloane $156,750
Previous Owner Perdue John D $136,800
Previous Owner Findlay Megan E $92,100
Closed Perdue John D $34,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $165,000 -5.1% $136 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $173,900 -- $143 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,952 $27,920 -- $27,920
2022 $1,528 $7,330 $0 $7,330
2021 $1,417 $7,330 $0 $7,330
2020 $1,314 $7,330 $0 $7,330
2019 $1,314 $19,120 $0 $0
2018 $1,087 $15,980 $0 $0
2017 $1,087 $15,980 $0 $0
2016 $1,087 $15,980 $0 $0
2015 $1,087 $15,980 $0 $0
2014 $924 $16,360 $0 $0
2013 $924 $16,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 548091

Greater Alabama MLS

APN: 23-00-32-1-017-009.319