NOT LISTED FOR SALE

Estimated Value: $167,271 - $201,000

-- Bed
1 Bath
1,931 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $166,800 $86 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,107/month

32 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Dining Room
  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of October 2021

Charming 1940's duplex on the corner of Girard and Magnolia. The large lot is located in the lovely walking neighborhood of Cloverdale, just 2 blocks from the Old Cloverdale Community Garden. Hardwood floors and high ceilings throughout each unit. Not to mention each unit has central heating and air, and their own laundry rooms! Both tenants are long term and pay their rent on time. Tenants are responsible for all utilities. This is a fantastic rental property, don't miss your chance to own a cash-flowing duplex.

Last Listed By

Charlsey C. Adkins

Wills Property Group License #0106631 Listed on: 09/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 1940

Lot Details

  • 9,801

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities, security deposit required, trash collection, water/sewer
  • The owner pays for lawn maintenance, pest control
  • Assessor Parcel Number 10-04-20-2-018-008.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$858

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • Year Built: 1940
  • New Construction: No
  • Information: Brochure Available, Survey Available
  • Unit Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Separate Dining Room
  • Flooring: Hard Tile, Wood
  • Kitchen Feature: Dishwasher, Range Electric, Refrigerator

Exterior Features

  • Construction: Brick
  • Foundation: Conventional

Utilities

  • Cooling: Ceiling Paddle Fan(s), Central Electric
  • Electric Authority: Alabama Power
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Cable TV Available, Electric Power, High Speed Internet, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Association/Amenities

  • Amenities: Washer/Dryer Connection

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 10-04-20-2-018-008.000

Rental Info

  • Owner Pay: Lawn Maintenance, Pest Control
  • Monthly Lease: 1375.00
  • Tenant Pay: All Utilities, Security Deposit Required, Trash Collection, Water/Sewer
  • Term Lease: 6-Monthy, Monthly

Tax Info

  • Taxes: 858

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 19, 2021
Sold by
Assael Daniel J and Assael Joshua V
Bought by
Bama Realty Group Llc
Seller's Agent
Charlsey C. Adkins
Wills Property Group
Buyer's Agent
Kim McElroy
KW Montgomery
List Price
$174,900
Sold Price
$166,800
Premium/Discount to List
-$8,100
-4.63%
Total Days on Market
32
Current Estimated Value
$181,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,518
Avg. Annual Appreciation
2.63%

Purchase Details

Listed on
Sep 21, 2018
Closed on
Nov 8, 2018
Sold by
H E Cauthen Land & Development
Bought by
Assael Daniel J and Assael Joshua V
Seller's Agent
Danny Fordham
ARC Realty
Buyer's Agent
Charlsey C. Adkins
Wills Property Group
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$105,000
Interest Rate
4.7%
Mortgage Type
Stand Alone First

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
Bama Realty Group Llc $166,800 None Available
Assael Daniel J $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Assael Daniel J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $166,800 -4.6% $86 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $174,900 +24.9% $91 / Sq Ft
11/19/2018 11/19/18 Sold $140,000 -6.7% $73 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $150,000 -- $78 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $1,738 $35,640 $12,000 $23,640
2023 $1,738 $34,380 $12,000 $22,380
2022 $1,194 $32,720 $12,000 $20,720
2021 $858 $23,500 $0 $0
2020 $858 $14,650 $6,000 $8,650
2019 $858 $38,820 $12,000 $26,820
2018 $858 $23,500 $0 $0
2017 $858 $29,780 $15,000 $14,780
2014 $858 $31,180 $15,000 $16,180
2013 -- $30,360 $15,000 $15,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 503057

Montgomery Area Association of REALTORS®

APN: 10-04-20-2-018-008.000