NOT LISTED FOR SALE

1217 E Lake Blvd Birmingham, AL 35217

Estimated Value: $134,000 - $143,000

4 Beds
2 Baths
1,846 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $128,000 $69 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $839/month

24 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Tarrant Elementary School Rated A-

About This Home

As of November 2024

Investors, are you looking to add to or start your investment portfolio? Look no further! This duplex is fully occupied. Each unit has a 2bd/1bath, kitchen and living area. This is a great investment for any investor. Trash collection $80.88/unit every three months.

Last Agent to Sell the Property

Rebekkah Kimani

Sold South Realty Listed on: 09/19/2024

Last Buyer's Agent

Rebekkah Kimani

Sold South Realty Listed on: 09/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1930

Lot Details

  • 7,013

Home Design

  • Duplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Tarrant Elementary And Middle School
  • Tarrant High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $1,250

Listing and Financial Details

  • Visit Down Payment Resource Website
  • Tenant pays for cable/tv connect (tenant), electric (tenant), gas (tenant), hot water (tenant), water/sewer (tenant)
  • The owner pays for trash collection (owner)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,094

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21397805?w=PubMLS
  • Intermed: TARRANT
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Floors: Some Hardwood, Tile, Vinyl, Wall-to-Wall Carpet

Exterior Features

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

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: 23-00-05-4-026-002.000

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Gas (TENANT), Hot Water (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax District: TARRANT
  • Annual Tax: 1094

Multi Family

  • Gross Income: 1250

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 6, 2024
Sold by
Brown Tony L
Bought by
M3 Estates Llc
Seller's Agent
Rebekkah Kimani
Sold South Realty
Buyer's Agent
Rebekkah Kimani
Sold South Realty
List Price
$128,000
Sold Price
$128,000
Views
95
Current Estimated Value
$138,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,800
Avg. Annual Appreciation
6.29%
Original Mortgage
$102,400
Outstanding Balance
$101,726
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$35,574

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 14, 2022
Sold by
Trans Pc Llc
Bought by
Brown Tony L
Seller's Agent
Bozeman and Minor Group
ARC Realty Vestavia
Buyer's Agent
Rebekkah Kimani
Sold South Realty
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$90,750
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2021
Sold by
Kimbrough Joel
Bought by
Trans Pc Llc

Purchase Details

Closed on
Mar 25, 2008
Sold by
Langdon Joe Morgan
Bought by
Kimbrough Joel L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
M3 Estates Llc $128,000 None Listed On Document
Brown Tony L $121,000 --
Trans Pc Llc $400,000 --
Kimbrough Joel L $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M3 Estates Llc $102,400
Previous Owner Brown Tony L $90,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $128,000 0.0% $69 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $128,000 +5.8% $69 / Sq Ft
11/15/2022 11/15/22 Sold $121,000 -3.2% $66 / Sq Ft View Prior Sale
09/22/2022 09/22/22 For Sale $125,000 -- $68 / 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 $1,366 $24,220 -- --
2022 $751 $13,320 $2,720 $10,600
2021 $832 $14,760 $2,720 $12,040
2020 $302 $5,360 $2,720 $2,640
2019 $312 $5,540 $0 $0
2018 $259 $4,600 $0 $0
2017 $259 $4,600 $0 $0
2016 $252 $4,460 $0 $0
2015 $252 $4,600 $0 $0
2014 $263 $4,400 $0 $0
2013 $263 $4,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebekkah Kimani

    Seller's Agent in 2024

    Rebekkah Kimani

    Sold South Realty

    (219) 614-6561

    2 in this area

    15 Total Sales

    Rebekkah Kimani
    Section Image
  • Bozeman and Minor Group

    Seller's Agent in 2022

    Bozeman and Minor Group

    ARC Realty Vestavia

    (205) 960-5992

    23 in this area

    386 Total Sales

    Bozeman and Minor Group
    Section Image
  • Brad Bozeman

    Seller Co-Listing Agent in 2022

    Brad Bozeman

    ARC Realty Vestavia

    (205) 960-5992

    25 in this area

    432 Total Sales

    Brad Bozeman
    Section Image
  • Connie Alexander Jacks

    Buyer Co-Listing Agent in 2022

    Connie Alexander Jacks

    Real Broker LLC

    (205) 213-5388

    1 in this area

    459 Total Sales

    Connie Alexander Jacks
    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Meghan Roden

    Capstone Realty Stovehouse

    (256) 656-2893

    1 in this area

    192 Total Sales

    Meghan Roden
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 21397805

Greater Alabama MLS

APN: 23-00-05-4-026-002.000

Alabama Jefferson County Birmingham 35217

1217 E Lake Blvd, Birmingham, AL

Not Listed for Sale

MultiFamily

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