NOT LISTED FOR SALE

111 Jefferson Ave E Oneonta, AL 35121

32 Beds
16 Baths
13,600 Sq Ft
1976 Built

Last Sold February 25, 2022

Last sale price $625,000 $46 Per Sq Ft

1 Day on Market

Highlights

  • Tile Flooring
  • Guest Parking
  • Heat Pump System
  • Oneonta Elementary School Rated A-
  • Central Air

About This Home

As of February 2022

Oneonta-Walking distance to Downtown Oneonta Entertainment District, restaurants and shopping. One block to Wallace State Community College. 2BR/1B units--16 units in total. Brick construction. All units are rented. Oneonta school district. Great income producer. Refrigerator, stove, washer and dryer furnished. Great investment property.

Last Agent to Sell the Property

Michael Higginbotham

M & R Realty, LLC Listed on: 02/02/2022

Last Buyer's Agent

Michael Higginbotham

M & R Realty, LLC Listed on: 02/02/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 1976

Parking

  • Guest Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Schools

  • Oneonta Elementary And Middle School
  • Oneonta High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric (tenant)
  • The owner pays for trash collection (owner), water/sewer (owner)

Community Details

Overview

  • 16 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $1,400
  • Gross Income $5,640

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,396

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Termite Company Name: COOKS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Floors: Tile, Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: Pets Not Allowed

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit, Guest Parking

Utilities

  • Heating: Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central w/Ind Ctrl(COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 16

Lot Info

  • Assessor Parcel Number: 16-09-31-3-005-047.000

Rental Info

  • Owner Pays: Trash Collection (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: Electric (TENANT)

Tax Info

  • Tax District: ONEONTA
  • Annual Tax: 5396

Multi Family

  • Expenses: 1400
  • Gross Income: 5640

MLS Schools

  • Elementary School: ONEONTA
  • High School: ONEONTA
  • Jr Middle School: ONEONTA

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $625,000 +5.9% $46 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $590,000 -- $43 / 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 $7,170 $53,000 $12,920 $40,080
2023 $7,170 $49,560 $12,920 $36,640
2022 $6,214 $138,080 $12,920 $125,160
2021 $5,304 $117,860 $12,920 $104,940
2020 $5,396 $114,800 $12,920 $101,880
2019 $5,166 $114,800 $12,920 $101,880
2018 $5,166 $114,800 $12,920 $101,880
2017 $4,077 $90,600 $0 $0
2015 -- $90,600 $0 $0
2014 -- $90,600 $0 $0
2013 -- $85,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1310029

Greater Alabama MLS