NOT LISTED FOR SALE

121 N Richards St Florence, AL 35630

East Florence Neighborhood

Estimated Value: $78,000 - $393,000

Studio
1 Bath
3,700 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2019

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

Est. 74% increase in value since last sale

Current estimated payment $1,605 / mo

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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 14,810 Sq Ft 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

Year Built

Built in 1948

Lot Details

0.34 Acres

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)

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Aug 30, 2019
Sold by
Bought by
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$251,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,950
Avg. Annual Appreciation
8.30%
Original Mortgage
$116,000
Outstanding Balance
$99,584
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$152,366
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Florence, AL

  • Wendy Vasquez Real Estate Agent - Main Street Real Estate

    Wendy Vasquez

    Main Street Real Estate

    (256) 291-1339

    13 Total Sales

    1 in East Florence

    $130,000 Price

    Wendy Vasquez
     Section Image
  • Pamela Holt Butler Real Estate Agent - CRC Realty, Inc.

    Pamela Holt Butler

    CRC Realty, Inc.

    (938) 222-6661

    196 Total Sales

    16 in East Florence

    $12K - $230K Price Range

    Pamela Holt Butler
     Section Image
  • Shelby Stricklin Real Estate Agent - RE/MAX Alliance

    Shelby Stricklin

    RE/MAX Alliance

    (938) 200-9520

    123 Total Sales

    1 in East Florence

    $20,000 Price

    Shelby Stricklin
     Section Image
  • Latasha Lovelady Real Estate Agent - The Platinum Realty Group, LLC

    Latasha Lovelady

    The Platinum Realty Group, LLC

    (256) 290-3638

    117 Total Sales

    1 in East Florence

    $159,500 Price

    Latasha Lovelady
     Section Image
  • Joshua Cancinos Real Estate Agent - TradeSpace

    Joshua Cancinos

    TradeSpace

    (256) 607-8364

    27 Total Sales

    1 in East Florence

    $26,000 Price

    Joshua Cancinos
     Section Image
  • Tiffany Green Real Estate Agent - Brickdriven Realty

    Tiffany Green

    Brickdriven Realty

    (938) 222-6886

    74 Total Sales

    4 in East Florence

    $92K - $220K Price Range

    Tiffany Green
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,642 $53,920 $0 $0
2024 $2,642 $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

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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