NOT LISTED FOR SALE

1071 Middle St Montevallo, AL 35115

Estimated Value: $346,000 - $693,000

7 Beds
7 Baths
100 Sq Ft
$4,718/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $464,000 $4,640 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,794/month

About This Home

As of November 2021

Property is currently used as the ATO fraternity at the University of Montevallo. The current rental rate is $3150.00 per month. The property does maintain a mixed use zoning allowing for anything from residential to commercial or a mixture. Any future use should be confirmed by the buyer. The original house of the property consists of three large rooms and a full kitchen. The recent addition to the house has a main level hall containing housing for 13 residents and a large multi-use room on the ground level with bathrooms and laundry facilities.

Last Agent to Sell the Property

Josh Smitherman

Bradford Real Estate Group Listed on: 09/26/2018

Co-Listed By

Chuck Holderfield

Bradford Real Estate Group

Last Buyer's Agent

Josh Smitherman

Bradford Real Estate Group Listed on: 09/26/2018

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1942

Lot Details

  • 0.26

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Montevallo Elementary And Middle School
  • Montevallo High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • Operating Expense $10,000
  • Gross Income $37,800

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,354

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Apartment
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1942
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Floors: Some Hardwood, Tile
  • Basement Style: Full Basement
  • Basement Finished: Full Finished

Exterior Features

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

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 1

Schools

  • Elementary School: MONTEVALLO
  • Middle School: MONTEVALLO
  • High School: MONTEVALLO

Lot Info

  • Assessor Parcel Number: 275213001013.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: MONTEVALLO
  • Annual Tax: 2354

Multi Family

  • Expenses: 10000
  • Gross Income: 37800

MLS Schools

  • Elementary School: MONTEVALLO
  • High School: MONTEVALLO
  • Jr Middle School: MONTEVALLO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
More Adventures Homes Llc
Bought by
Retreat Mont Llc
Current Estimated Value
$471,757

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 3, 2021
Sold by
Delta Chi Alumni/Active Frateral Associa
Bought by
More Adventures Homes Llc
Seller's Agent
Josh Smitherman
Bradford Real Estate Group
Buyer's Agent
Josh Smitherman
Bradford Real Estate Group
List Price
$575,000
Sold Price
$464,000
Premium/Discount to List
-$111,000
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%
Original Mortgage
$626,724
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 1, 2021
Sold by
Delta Chi Alumni
Bought by
More Adventures Homes Llc
Seller's Agent
Josh Smitherman
Bradford Real Estate Group
Buyer's Agent
Josh Smitherman
Bradford Real Estate Group
List Price
$575,000
Sold Price
$464,000
Premium/Discount to List
-$111,000
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,724
Interest Rate
2.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Retreat Mont Llc -- None Listed On Document
More Adventures Homes Llc $464,000 Smitherman Justin
More Adventures Homes Llc $464,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner More Adventures Homes Llc $626,724
Previous Owner More Adventures Homes Llc $626,724
Previous Owner Delta Chi Alumni/Active Fraternal Associ $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $464,000 -11.6% $4,640 / Sq Ft
04/23/2021 04/23/21 Price Changed $525,000 -7.9% $5,250 / Sq Ft
05/01/2019 05/01/19 Price Changed $570,000 -0.9% $5,700 / Sq Ft
09/26/2018 09/26/18 For Sale $575,000 -- $5,750 / 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 $3,370 $66,080 $0 $0
2023 $3,108 $60,240 $0 $0
2022 $2,794 $54,780 $0 $0
2021 $2,777 $54,460 $0 $0
2020 $2,669 $52,340 $0 $0
2019 $2,561 $50,220 $0 $0
2017 $2,354 $46,160 $0 $0
2015 $2,244 $44,000 $0 $0
2014 $2,189 $42,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Smitherman

    Seller's Agent in 2021

    Josh Smitherman

    Bradford Real Estate Group

    (205) 665-5556

    9 in this area

    22 Total Sales

    Josh Smitherman
    Section Image
  • Chuck Holderfield

    Seller Co-Listing Agent in 2021

    Chuck Holderfield

    Bradford Real Estate Group

    (205) 427-7171

    9 in this area

    25 Total Sales

    Chuck Holderfield
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 829821

Greater Alabama MLS

APN: 27-5-21-3-001-013-000

Alabama Shelby County Montevallo 35115

1071 Middle St, Montevallo, AL

This home is located at 1071 Middle St, Montevallo, AL 35115 since 26 September 2018 and is currently estimated at $471,757, approximately $4,717 per square foot. This property was built in 1942. 1071 Middle St is a home located in Shelby County with nearby schools including Montevallo Elementary School, Montevallo Middle School, and Montevallo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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