Seller's Agent in 2024
Benjamin Hedden
Bham Realty, LLC
(205) 568-2705
6 in this area
300 Total Sales
1223 Hanover St Birmingham, AL 35217
Estimated Value: $107,000 - $145,000
4
Beds
2
Baths
1,957
Sq Ft
$67/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tarrant Elementary School Rated A-
- Central Heating and Cooling System
About This Home
As of June 2024Are you ready to invest in cash flowing real estate?? Two properties for the price of one! Main house is 3 bed 1 bath and back house is 1 bed 1 bath. Both of these properties have been incredibly well maintained and the tenants love living there. Both properties have room for rent increases. Rented for a total of $1,445, 1 bed 1 bath - $695/mo and 3 bed 1 bath - $750/mo. Both properties have separate parking area and entrance to the property. Perfect property to house hack as well, live in the 1 bed house and have the main house pay your mortgage!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $887
Year Built
- Built in 1930
Lot Details
- 8,189
Parking
- On-Street Parking
Home Design
- Duplex
- Siding
Flooring
- Wood
- Tile
Basement
- Crawl Space
Schools
- Tarrant Elementary And Middle School
- Tarrant High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 2 Units
- Gross Income $1,145
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for all utilities (tenant)
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Jun 21, 2024
Sold by
Castro Alex
Bought by
Welsing Acqusitions Llc
Seller's Agent
Benjamin Hedden
Bham Realty, LLC
Buyer's Agent
Marsha Gorman
Kelly Right Real Estate of Ala
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,022
Avg. Annual Appreciation
-0.58%
Original Mortgage
$106,000
Outstanding Balance
$104,626
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$26,852
Purchase Details
Closed on
Oct 16, 2019
Sold by
Seifert Alan F
Bought by
Castro Alex
Purchase Details
Closed on
Nov 13, 2008
Sold by
Seifert Allan F
Bought by
Cannon Robert David
Purchase Details
Closed on
Nov 22, 1999
Sold by
Echols Sandra Gail Horton and Fortenberry Marlene Horton
Bought by
Seifert Alan and Seifert Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
7.99%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Welsing Acqusitions Llc | $132,500 | -- | |
| Castro Alex | $73,000 | -- | |
| Cannon Robert David | $65,000 | None Available | |
| Seifert Alan | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Welsing Acqusitions Llc | $106,000 | |
| Previous Owner | Seifert Alan | $61,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $132,500 | -1.9% | $68 / Sq Ft |
| 04/02/2024 04/02/24 | For Sale | $135,000 | -- | $69 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $1,304 | $23,120 | -- | -- |
| 2022 | $888 | $15,740 | $2,880 | $12,860 |
| 2021 | $986 | $17,480 | $2,880 | $14,600 |
| 2020 | $936 | $16,600 | $2,880 | $13,720 |
| 2019 | $986 | $17,480 | $0 | $0 |
| 2018 | $857 | $15,200 | $0 | $0 |
| 2017 | $857 | $15,200 | $0 | $0 |
| 2016 | $804 | $14,260 | $0 | $0 |
| 2015 | $853 | $15,120 | $0 | $0 |
| 2014 | $839 | $13,800 | $0 | $0 |
| 2013 | $839 | $13,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hedden
-
Marsha Gorman
Buyer's Agent in 2024
Marsha Gorman
Kelly Right Real Estate of Ala
(205) 585-5585
2 in this area
62 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21384516
APN: 23-00-08-2-007-008.000
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