NOT LISTED FOR SALE

121 N Richards St Florence, AL 35630

East Florence Neighborhood

Estimated Value: $80,000 - $295,000

-- Bed
1 Bath
3,700 Sq Ft
$54/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $145,000 $39 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,341/month

161 Days on Market

Highlights

  • Window Unit Cooling System
  • Multiple Heating Units
  • 1-Story Property
  • Tile Flooring

About This Home

As of August 2019

INVESTORS TAKE NOTE! GREAT INVESTMENT PROPERTY. 5 UNITS. EFFICIENCY APT USUALLY RENTS FOR $350.00 BUT SELLER IS RENTING FOR $200.00 BECAUSE RENTER DOES MOST OF THE MAINTENANCE THERE.. THE HOUSE DUPLEX RENTS FOR $350.00 AND $300.00 ANOTHER RENTS FOR $340.00.. AND NEWER ONE $450.00. HAS BEEN TOTALLY RENOVATED LAST 15 MONTHS DUE TO FIRE. ALL THESE APARTMENTS ARE IN GOOD CONDITION, EFFICIENCY APARTMENT HAS WINDOW UNIT BUT REST OF THE APARTMENTS HAVE CENTRAL HEAT AND AIR (2 OF THEM ARE LESS THAN YEAR OLD) ROOF IS ABOUT 6 YEARS OLD , THE PROPERTY HAS CONCRETE DRIVEWAY ALMOST 3/4 BLOCK. ALL INFORMATION AND SQUARE FOOTAGE TO BE VERIFIED BY PURCHASER.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Home Design

  • Brick Exterior Construction
  • Asbestos Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 1-Story Property

Flooring

  • Linoleum
  • Laminate
  • Tile

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 24-01-12-1-005-008-000

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Needham & Fuller Subdivision

Building Details

  • Gross Income $1,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,470

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Multiple Dwellings
  • Built Before 1978 (Y/N): No
  • Easements: Utilities
  • Frontage Len: 150
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 100 X 150
  • Road Frontage Type: City Street
  • Shoals Pic Orig I D: 425345
  • Subdivision Name: Needham & Fuller
  • Agent Only_ L A1 User Code: S1_172722
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Laminate, Linoleum, Tile (Flooring)
  • NumberOfBuildings: 3
  • Price Per S Q F T: 39.19
  • Stories Total: 1

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asbestos Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete (Parking)

Utilities

  • Cooling: Central Air, Electric (Cooling), Heat Pump, Window Unit(s)
  • Heating: 2+ Central Units, Electric (Heating), Heat Pump (Heating)

Schools

  • Elementary School: City
  • Middle School: City
  • High School: City

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.34
  • Parcel Num: 24-01-12-1-005-008-000

Building Info

  • Year Built: 1948
  • BuildingAreaTotal: 3700

Multi Family

  • GrossIncome: 1640
  • Total Units: 5

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Aug 30, 2019
Sold by
Mcgaha Ronnie L and Mcgaha Emma Lee
Bought by
Ingram Sherese
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$207,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,172
Avg. Annual Appreciation
10.01%
Original Mortgage
$116,000
Outstanding Balance
$103,336
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$152,724
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
Ingram Sherese $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Sherese $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $145,000 0.0% $39 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $145,000 -- $39 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $2,470 $50,400 $0 $0
2023 $2,470 $1,500 $1,500 $0
2022 $2,073 $42,300 $0 $0
2021 $1,852 $37,800 $0 $0
2020 $1,681 $34,300 $0 $0
2019 $1,681 $34,300 $0 $0
2018 $1,412 $28,820 $0 $0
2017 $1,412 $28,820 $0 $0
2016 $1,412 $28,820 $0 $0
2015 $1,592 $32,480 $0 $0
2014 $1,552 $31,680 $0 $0
Source: Public Records

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 163845

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-01-12-1-005-008.000

Alabama Lauderdale County Florence 35630 East Florence

121 N Richards St, Florence, AL

This home is located at 121 N Richards St, Florence, AL 35630 since 08 February 2019 and is currently estimated at $198,832, approximately $53 per square foot. This property was built in 1948. 121 N Richards St is a home located in Lauderdale County with nearby schools including Florence Freshman Center, Florence High School, and St. Joseph Regional Catholic 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.

Strategic MLS Alliance (Cullman / Shoals Area) 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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