$180,000
SOLD APR 1, 2025
-- Bed
-- Bath
-- Sq Ft
0.58 Acres

Recently Sold

16% Below List Price

18 Days on Market

About This Home

As of April 2025

Once in a lifetime investment opportunity! These units are walkable to 7-points, downtown Florence and just steps from the University of North Alabama! Three units are currently rented, while three units are currently vacant and could be rented or renovated.
The full package includes two duplexes on the south side of the road and the two single family homes on the north side. That is a total of six rentable units!
Current total rent is $1850/mo for the three occupied units.
Addresses are 122, 125, 126, 127, 129 and 131 Woodland Rd.
Buyer to verify all information.
Properties are owned, in part, by a licensed Realtor in the state of Alabama.

Last Agent to Sell the Property

LuEllen Redding

South Main Realty License #92193 Listed on: 03/04/2025

Last Buyer's Agent

Katie Pilkinton

MarMac Real Estate - The Shoals License #94964

MarMac Real Estate - The Shoals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1960

Lot Details

  • 0.58 Acre Lot

Community Details

  • No Home Owners Association
  • 6 Units
  • Florence Community
  • College Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-02-10-1-002-018.00and2402034005081000and2402034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,156

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Lot Dimensions: 131' X 100' IRR ; 50' X 100'S ; and 50' X 140' IRR
  • Subdivision Name: College Place
  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.58
  • MLS Status: Sold
  • Multiple_Level_YN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Planned Community Name: Florence

Schools

  • Middle Or Junior School: City

Lot Info

  • Parcel Number: 24-02-10-1-002-018.00and2402034005081000and2402034

Building Info

  • Year Built: 1960

Multi Family

  • Tenancy: Multiple Tenants
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2156.0

MLS Schools

  • Elementary School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2013
Sold by
Riedout Coriene M
Bought by
Rgj Properties Llc
Current Estimated Value
$167,069
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $180,000 -16.3% --
03/22/2025 03/22/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $215,000 -- --
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 $384 $7,840 $740 $7,100
2023 $384 $680 $680 $0
2022 $299 $6,100 $0 $0
2021 $247 $5,040 $0 $0
2020 $218 $4,440 $0 $0
2019 $218 $4,440 $0 $0
2018 $212 $4,320 $0 $0
2017 $207 $4,220 $0 $0
2016 $195 $3,980 $0 $0
2015 $205 $4,180 $0 $0
2014 $195 $3,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 521209

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-03-4-005-084.001