$107,500
SOLD SEP 17, 2021

1117 Elm Ave Birmingham, AL 35217

4 Beds
2 Baths
1,524 Sq Ft
6,316 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

10% Below List Price

40 Days on Market

Highlights

  • Tile Flooring
  • Tarrant Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of April 2024

INVESTORS - PACKAGE DEAL!!! 3 income producing properties in rent ready condition.... Properties are Section 8 ready!!! Properties are currently rented with stable tenants. Professionally managed turn-key business can be yours. The demand for rental properties is greater than ever, so this is a great opportunity to invest in a profitable portfolio. Great investment opportunity. List price for all properties together. Stove and fridge is included in the sale. PROPERTY TO BE SOLD AS PART OF PORTFOLIO INCLUDING MLS 1289488, 1289486, 1289487. COMBINED PORTFOLIO PRICE IS $600,000.

Last Agent to Sell the Property

Josh Vernon

Keller Williams Realty Vestavia Listed on: 06/21/2021

Keller Williams Realty Vestavia

Co-Listed By

Mike Brown

Keller Williams Realty Vestavia

Last Buyer's Agent

Codi Feltman

eXp Realty, LLC Central License #120909-1

eXp Realty, LLC Central

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1976

Home Design

  • Brick Exterior Construction

Flooring

  • Wall to Wall Carpet
  • Tile

Basement

  • Crawl Space

Schools

  • Tarrant Elementary And Middle School
  • Tarrant High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $3,925
  • Gross Income $13,853

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,055

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1976
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Central Control (HEAT), Gas Heat
  • Cooling: Central Control (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: 23-00-05-3-030-028.000

Rental Info

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

Tax Info

  • Tax District: TARRANT
  • Annual Tax: 1055

Multi Family

  • Expenses: 3925
  • Gross Income: 13853

MLS Schools

  • Elementary School: TARRANT
  • High School: TARRANT
  • Jr Middle School: TARRANT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 11, 2024
Sold by
Gemrealestate Birmingham Llc
Bought by
Elkon David Tr and Elkon Sheila Joan Tr
Seller's Agent
John Street
Keller Williams Realty Vestavia
Buyer's Agent
Jeremy Galloway
eXp Realty, LLC Central
List Price
$130,000
Sold Price
$130,000
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 30, 2021
Sold by
Jlr Properties Llc
Bought by
Gemrealestate Birmingham Llc
Seller's Agent
Josh Vernon
Keller Williams Realty Vestavia
Buyer's Agent
Codi Feltman
eXp Realty, LLC Central
List Price
$120,000
Sold Price
$107,500
Premium/Discount to List
-$12,500
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Jun 29, 2017
Sold by
Jolley Michael A
Bought by
Jlr Properties Llc

Purchase Details

Closed on
Jun 28, 2013
Sold by
Lackey John C
Bought by
Jolley Michael A

Purchase Details

Closed on
Oct 3, 2000
Sold by
Lackey John C and Lackey Glenda R
Bought by
Mckibben Richard L and Mckibben Judy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.97%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $537,500 --
Warranty Deed $80,000 --
Warranty Deed -- --
Warranty Deed $61,000 Alabama Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $139,900 +7.6% $92 / Sq Ft
04/11/2024 04/11/24 Sold $130,000 0.0% $85 / Sq Ft
03/19/2024 03/19/24 For Sale $130,000 +20.9% $85 / Sq Ft
09/17/2021 09/17/21 Sold $107,500 -10.4% $71 / Sq Ft
06/21/2021 06/21/21 For Sale $120,000 -- $79 / 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 $1,483 $26,300 -- --
2022 $997 $17,680 $2,520 $15,160
2021 $1,111 $19,700 $2,520 $17,180
2020 $1,054 $18,680 $2,520 $16,160
2019 $1,111 $19,700 $0 $0
2018 $781 $13,840 $0 $0
2017 $781 $13,840 $0 $0
2016 $737 $13,060 $0 $0
2015 $628 $11,140 $0 $0
2014 $858 $10,980 $0 $0
2013 $858 $10,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margie Beth Shaw

    Seller's Agent in 2025

    Margie Beth Shaw

    Keller Williams Realty Vestavia

    (205) 234-2906

    2 in this area

    222 Total Sales

    Margie Beth Shaw
    Section Image
  • John Street

    Seller's Agent in 2024

    John Street

    Keller Williams Realty Vestavia

    (205) 821-2572

    3 in this area

    76 Total Sales

    John Street
    Section Image
  • Jeremy Galloway

    Buyer's Agent in 2024

    Jeremy Galloway

    eXp Realty, LLC Central

    (205) 605-9432

    1 in this area

    117 Total Sales

    Jeremy Galloway
    Section Image
  • Josh Vernon

    Seller's Agent in 2021

    Josh Vernon

    Keller Williams Realty Vestavia

    (205) 706-5260

    7 in this area

    655 Total Sales

    Josh Vernon
    Section Image
  • Mike Brown

    Seller Co-Listing Agent in 2021

    Mike Brown

    Keller Williams Realty Vestavia

    (205) 368-5995

    5 in this area

    148 Total Sales

    Mike Brown
    Section Image

  • C

    Buyer's Agent in 2021

    Codi Feltman

    eXp Realty, LLC Central

    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1289487

Greater Alabama MLS

APN: 23-00-05-3-030-028.000

Alabama Jefferson County Birmingham 35217

1117 Elm Ave, Birmingham, AL

This home is located at 1117 Elm Ave, Birmingham, AL 35217 and is currently priced at $107,500, approximately $70 per square foot. This property was built in 1976. 1117 Elm Ave is a home located in Jefferson County with nearby schools including Tarrant Elementary School, Tarrant Intermediate School, and Tarrant 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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