$47,000
SOLD AUG 6, 2024
3 Beds
1 Bath
936 Sq Ft
0.29 Acres

Recently Sold

$50 Per Sq Ft

14% Below List Price

13 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Partially Fenced Property
  • No HOA
  • Laundry Room

About This Home

As of August 2024

Discover the potential of this 3-bedroom, 1-bath home in Florence, Alabama. Perfect for investors, this property features a functional layout, a comfortable-sized living room, and a quaint kitchen ready for updates. The large backyard is an excellent space for gardening or expansion. This home is conveniently located near downtown Florence, local parks, and the University of North Alabama, and promises strong rental demand and appreciation potential. The property will be sold "as is". The Buyer must verify all information. The seller is realtor-related.

Last Agent to Sell the Property

Scot McKinney

RE/MAX Tri-State License #000120095 Listed on: 06/14/2024

RE/MAX Tri-State

Last Buyer's Agent

Ishia Hampton

EXIT Realty Shoals License #131334

EXIT Realty Shoals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Year Built

  • Built in 1942

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x170
  • Partially Fenced Property

Home Design

  • Fixer Upper
  • Fiberglass Siding

Interior Spaces

  • 936 Sq Ft Home
  • Living Room
  • Crawl Space
  • Attic Access Panel

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • City Lot
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • Florence Community
  • Florence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-01-11-1-003-032-001
  • Tax Block 507

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 936
  • Built Before 1978 (Y/N): Yes
  • Frontage Len: 75'
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 75X170
  • Multiple Level Y N: No
  • Sp Lp Percent: 85.61
  • Subdivision Name: Florence
  • Carport: No
  • GarageYN: No
  • Agent Only_ L A1 User Code: S263_1900522
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Attic: Access Only
  • Basement YN: No
  • Flooring: Hardwood, Linoleum, Vinyl (Flooring)
  • LivingArea: 936
  • Price Per S Q F T: 50.21
  • Total Bedrooms: 3
  • FireplaceYN: No
  • Room Type: Bath 1, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen (RoomType), Laundry (RoomType), Living Room (RoomType)

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Fiberglass Siding
  • Foundation Details: Crawl Space
  • Lot Features: City Lot
  • Waterfront: No
  • Fencing: Partial
  • Property Condition: Fixer

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other (Heating)
  • Sewer: Unknown (Sewer)
  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

  • Elementary School: City
  • Middle School: City
  • High School: City

Lot Info

  • Acres: 0.29
  • Parcel Num: 24-01-11-1-003-032-001

Building Info

  • Year Built: 1942
  • BuildingAreaTotal: 936

Tax Info

  • Year: 2023
  • Tax Annual Amount: 390.04
  • Tax Block: 507

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 6, 2024
Sold by
Mckinney Steven B and Mckinney Lee A
Bought by
Johnson James E and Whiteside Alison
Seller's Agent
Scot McKinney
RE/MAX Tri-State
Buyer's Agent
Ishia Hampton
EXIT Realty Shoals
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%
Total Days on Market
13
Views
64
Current Estimated Value
$65,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,252
Avg. Annual Appreciation
46.96%
Original Mortgage
$47,000
Outstanding Balance
$46,052
Interest Rate
0.65%
Mortgage Type
Construction
Estimated Equity
$18,147

Purchase Details

Closed on
Nov 28, 2006
Sold by
Carbine Dewanda H
Bought by
Mckinney Steven B and Mckinney Lee Ann
Source: Public Records

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Range of Values:

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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
Deed $47,000 Attorney Only
Survivorship Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $47,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $47,000 -14.4% $50 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $54,900 -- $59 / Sq Ft
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 $435 $8,880 $1,260 $7,620
2023 $435 $1,160 $1,160 $0
2022 $399 $8,140 $0 $0
2021 $356 $7,260 $0 $0
2020 $313 $6,380 $0 $0
2019 $313 $6,380 $0 $0
2018 $298 $6,080 $0 $0
2017 $298 $6,080 $0 $0
2016 $298 $6,080 $0 $0
2015 $281 $5,740 $0 $0
2014 $275 $5,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 517046

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-01-11-1-003-032.001