NOT LISTED FOR SALE

1495 Bailey St Leighton, AL 35646

4 Beds
4 Baths
3,567 Sq Ft
0.45 Acres Lot

Sale Details

Date Sold: March 22, 2021

Last sale price $100,000 $28 Per Sq Ft

97 Days on Market

About This Home

As of March 2021

This is a great multifamily investment at a low price! Either a beginning property for a novice investor, or a low maintenance one for a seasoned investor. Netting $7,751 annually for the current owner. This property is only 10 minutes from Muscle Shoals and 20 minutes from Florence. Plenty of jobs for your tenants. Pulls in $300 a door currently.

Last Agent to Sell the Property

James Martinez

Elysium Commercial Real Estate LLC License #000116284 Listed on: 09/07/2020

Elysium Commercial Real Estate LLC

Last Buyer's Agent

NON-MLS AGENT

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 160x80

Home Design

  • Brick Exterior Construction
  • Asbestos Shingle Roof

Interior Spaces

  • 3,567 Sq Ft Home
  • 2-Story Property
  • Carpet

Schools

  • Colbert County Elementary And Middle School
  • Colbert County High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 1206130001026006

Community Details

Overview

  • 4 Units
  • Metes And Bounds Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.45 Acres

Listing Details

  • Lot Dimensions: 160x80
  • Road Frontage Type: City Street
  • Subdivision Name: Metes and Bounds
  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.45
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • NumberOfBuildings: 1
  • Stories Total: 2

Exterior Features

  • Construction Materials: Brick
  • Roof: Asbestos Shingle, Other
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Wall Furnace

Schools

  • Middle Or Junior School: Colbert County

Lot Info

  • Parcel Number: 1206130001026006

Building Info

  • Year Built: 1985
  • BuildingAreaTotal: 3567.0

Multi Family

  • GrossIncome: 14400.0
  • OperatingExpense: 6649.0
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Colbert County
  • HighSchool: Colbert County
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $100,000 -18.0% $28 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $122,000 -- $34 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,109 $30,260 $760 $29,500
2024 $1,359 $27,820 $640 $27,180
2023 $1,024 $26,600 $0 $0
2022 $882 $23,780 $0 $0
2021 $889 $23,980 $0 $0
2020 $811 $21,740 $0 $0
2019 $763 $20,360 $0 $0
2018 $763 $20,360 $0 $0
2017 $859 $23,100 $0 $0
2016 $834 $22,340 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 163903

Strategic MLS Alliance (Cullman / Shoals Area)
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