Seller's Agent in 2025
Cassandra Andrews
CHOSEN Realty, LLC.
(334) 868-9713
132 Total Sales
1318 Federal Dr Montgomery, AL 36107
--
Bed
--
Bath
--
Sq Ft
1956
Built
Highlights
- Wood Flooring
- 1-Story Property
- Central Heating and Cooling System
- No HOA
About This Home
As of July 2025Great Investment Opportunity with Immediate-Solid Cash Flow! This fully occupied duplex generates a steady $2,000/month in gross rental income ($1,100/unit A & $900/unit B) and delivers an impressive 8% cash-on-cash return. Both units are in excellent condition, offering spacious layouts, Unit A 3bd/2ba and Unit B 3bd/1ba, separate entrances, private utility meters, and on-site parking. Updates include newer mechanicals, efficient heating systems, and low-maintenance exteriors - this is truly a turnkey property! Whether you're expanding your rental portfolio or looking to live in one unit and rent the other, this is a rare opportunity in a high-demand rental market. Make this deal your own today! Schedule your personal showing to view this great property.
Last Agent to Sell the Property
CHOSEN Realty, LLC. License #0080293 Listed on: 05/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $865
Year Built
- Built in 1956
Home Design
- Brick Exterior Construction
- Slab Foundation
Flooring
- Wood
- Carpet
- Tile
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Additional Features
- 1-Story Property
- City Lot
Community Details
- No Home Owners Association
- 2 Units
- Montgomery Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 10-02-04-2-003-004.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Jun 19, 2025
Sold by
Gayden Keith Elton and Te Nail
Bought by
Techquity Llc
Seller's Agent
Cassandra Andrews
CHOSEN Realty, LLC.
Buyer's Agent
Tonya Lindsey
Pivot Realty
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.39%
Original Mortgage
$160,000
Outstanding Balance
$159,727
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$53,840
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Previous Owner | $126,561 | VA | |
| Previous Owner | $134,253 | VA | |
| Previous Owner | $134,290 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $200,000 | -8.7% | -- |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $219,000 | +93.0% | -- |
| 07/02/2013 07/02/13 | Sold | $113,500 | -12.6% | -- |
| 07/01/2013 07/01/13 | Pending | -- | -- | -- |
| 04/30/2013 04/30/13 | For Sale | $129,900 | -- | -- |
Source: Montgomery Area Association of REALTORS®
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 | $875 | $18,670 | $2,140 | $16,530 |
| 2023 | $875 | $17,770 | $2,140 | $15,630 |
| 2022 | $566 | $16,640 | $2,140 | $14,500 |
| 2021 | $479 | $14,240 | $0 | $0 |
| 2020 | $479 | $28,480 | $4,280 | $24,200 |
| 2019 | $445 | $26,620 | $4,280 | $22,340 |
| 2018 | $507 | $13,900 | $0 | $0 |
| 2017 | $363 | $22,140 | $4,280 | $17,860 |
| 2014 | $433 | $12,970 | $2,140 | $10,830 |
| 2013 | -- | $24,440 | $4,280 | $20,160 |
Source: Public Records
Agents Affiliated with this Home
-
Cassandra Andrews
-
Tonya Lindsey
Buyer's Agent in 2025
Tonya Lindsey
Pivot Realty
(334) 354-7083
23 Total Sales
-
J
Seller's Agent in 2013
Jim Vines
Vines Realty
Map
Source: Montgomery Area Association of REALTORS®
MLS Number: 576439
APN: 10-02-04-2-003-004.000
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.
Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
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