NOT LISTED FOR SALE

1245 Park Ave Birmingham, AL 35217

Estimated Value: $60,000 - $82,000

2 Beds
1 Bath
999 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $46,000 $46 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $424/month

Highlights

  • Covered Patio or Porch
  • Laundry Room
  • Central Heating and Cooling System
  • Tarrant Elementary School Rated A-
  • 1-Story Property

About This Home

As of December 2019

More Photos to Come**Available Now*** Cute 2 Bedroom, 1 Bath Bungalow newly remodeled and move-in ready. Freshly painted throughout with designer colors and easy care laminate wood floors. Sunny Den /Family Room great for entertaining and relaxing. Sunny Kitchen with painted cabinets and appliances and Cozy Breakfast Nook. 2 Spacious Bedroom with 1 Fully Updated Bath. Large Backyard with Covered Patio, perfect for Backyard fun! Come by today to see this home! Deposit determined by credit score. Applicant to verify school. Pest control fee. Renters insurance required.

Last Agent to Rent the Property

Julie Colquitt

Sylvan Realty Llc Listed on: 12/03/2019

Last Renter's Agent

Julie Colquitt

Sylvan Realty Llc Listed on: 12/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1949

Lot Details

  • 6,490

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Blinds
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tarrant Elementary And Middle School
  • Tarrant High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable (tenant), lawn care (tenant), sewer (tenant), water (tenant)
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 1
  • Tenant Pays: All Utilities, Cable (TENANT), Lawn Care (TENANT), Sewer (TENANT), Water (TENANT)
  • Rental Price: 700

Listing Details

  • Class: RENTAL
  • Property Type: Single Family
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Design: 1 Story
  • Interior Amenities: Blinds/MiniBlinds, Dryer Connection, Washer Connection
  • Floors: Hardwood Laminate
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom Features: Tub/Shower Combo
  • Room 1: Bedroom, On Level: 1
  • Room 2: Full Bath, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Living, On Level: 1
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet

Exterior Features

  • Construction: Siding-Vinyl
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)
  • Patio/Porch: Yes
  • Patio/Porch Type: Covered (PATIO)

Garage/Parking

  • Parking Features: Unassigned Parking

Utilities

  • Heating: Central Gas
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Fee Information

  • Pet Fee Amount: 250

Schools

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Vb One Llc
Bought by
Vb Nine Llc
Current Estimated Value
$67,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,636,696
Outstanding Balance
$154,470,367
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$154,402,888

Purchase Details

Closed on
Feb 14, 2024
Sold by
Vsp Birmingham Llc
Bought by
Vb One Llc

Purchase Details

Closed on
Feb 14, 2022
Sold by
Vsp Birmingham Llc
Bought by
Vb One Llc

Purchase Details

Listed on
Dec 3, 2019
Closed on
Oct 25, 2019
Sold by
Lorenzo Elizabeth
Bought by
Vsp Birmingham Llc
Seller's Agent
Julie Colquitt
Sylvan Realty Llc
Buyer's Agent
Julie Colquitt
Sylvan Realty Llc
Sold Price
$700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 7, 2018
Sold by
Nrz Reo Inventory Corp
Bought by
Lorenzo Elizabeth
Seller's Agent
Linda Deemer
RealtySouth-Northern Office
Buyer's Agent
Silverio Rubio
Five Stars Realty, LLC
List Price
$22,000
Sold Price
$16,000
Premium/Discount to List
-$6,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
251.56%

Purchase Details

Closed on
Oct 15, 2018
Sold by
Us Bank National Association Trustee
Bought by
Nrz Reo Investroy Corp and C/O Meridian Asset Svcs

Purchase Details

Closed on
Sep 12, 2018
Sold by
Henderson Marvin M
Bought by
Us Bank National Association and C/O Nationstar Mtg Llc

Purchase Details

Closed on
Jul 3, 2003
Sold by
Hud
Bought by
Henderson Marvin

Purchase Details

Closed on
Feb 5, 2003
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Feb 4, 2003
Sold by
Butler Sammie J
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Aug 26, 1998
Sold by
Hay Michael W and Hay Robin J
Bought by
Butler Sammie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,080
Interest Rate
6.96%
Mortgage Type
FHA
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
Vb Nine Llc -- None Listed On Document
Vb One Llc -- --
Vb One Llc $11,004,299 --
Vsp Birmingham Llc $46,000 --
Lorenzo Elizabeth $16,000 --
Nrz Reo Investroy Corp -- --
Us Bank National Association $25,000 --
Henderson Marvin $36,100 --
Hud -- --
Chase Manhattan Mortgage Corp $56,061 --
Butler Sammie J $49,000 Alabama Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vb Nine Llc $171,636,696
Previous Owner Henderson Marvin M $54,400
Previous Owner Butler Sammie J $17,755
Previous Owner Butler Sammie J $49,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2019 12/21/19 Rented $700 0.0% --
12/03/2019 12/03/19 For Rent $700 0.0% --
10/25/2019 10/25/19 Sold $46,000 -23.2% $46 / Sq Ft
10/02/2019 10/02/19 For Sale $59,900 0.0% $60 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $59,900 +274.4% $60 / Sq Ft
12/21/2018 12/21/18 Sold $16,000 -15.8% $16 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $19,000 -13.6% $19 / Sq Ft
09/27/2018 09/27/18 For Sale $22,000 -- $22 / 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 $660 $11,700 -- --
2022 $476 $8,440 $2,640 $5,800
2021 $518 $9,180 $2,640 $6,540
2020 $661 $10,260 $2,640 $7,620
2019 $693 $12,280 $0 $0
2018 $594 $10,540 $0 $0
2017 $594 $10,540 $0 $0
2016 $631 $11,180 $0 $0
2015 $631 $11,800 $0 $0
2014 $656 $10,860 $0 $0
2013 $656 $10,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 868912

Greater Alabama MLS

APN: 23-00-08-2-016-002.000