NOT LISTED FOR SALE

1512 Houston St Florence, AL 35630

North Florence Neighborhood

Estimated Value: $307,000 - $400,000

-- Bed
1 Bath
4,000 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $167,000 $42 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,202/month

2,076 Days on Market

About This Home

As of October 2015

Taxes $1,257.84 repairs $1,000 estimated annually Insurance $1,599 Lawn Main. aprox. $500/year Converted house into two on bedroom units both with washer/dryer hook ups. Building in rear is a two story with 4 two bedroom one bath units with washer/dryer hook ups. 100% occupied. Heating and cooling combination wall units. Owner pays water bill for units one and two, they are on the same meter and cost around $300 annually. Annual Revenue= $22,620 Purchaser to verify square footage. DISCLOSURE: Listing agent is the owner.

Last Agent to Sell the Property

Steve Humphries

Knight and Humphries, Inc. License #000078523-0 Listed on: 10/19/2009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75' x 200'

Home Design

  • Gable Roof Shape
  • Steel Frame
  • Shingle Roof
  • Composition Roof
  • Masonite

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum

Schools

  • Florence Elementary And Middle School
  • Florence High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 24-02-03-3-001-010-000

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Gross Income $22,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Multiple Dwellings
  • Built Before 1978 (Y/N): No
  • Easements: Utilities
  • Frontage Len: 70'
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 75' X 200'
  • Road Frontage Type: City Street
  • Shoals Pic Orig I D: 369736
  • Agent Only_ L A1 User Code: S180_37918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Linoleum
  • NumberOfBuildings: 2
  • Price Per S Q F T: 41.75
  • Stories Total: 2

Exterior Features

  • Construction Materials: Frame/Steel, Masonite
  • Roof: Composition, Gable, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel (ParkingFeatures)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air

Schools

  • Elementary School: Florence
  • Middle School: Florence
  • High School: Florence

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.3
  • Parcel Num: 24-02-03-3-001-010-000

Building Info

  • Year Built: 1980
  • BuildingAreaTotal: 4000

Multi Family

  • GrossIncome: 22620
  • OperatingExpense: 4500
  • Total Units: 6

MLS Schools

  • Elementary School: Florence
  • Middle School: Florence
  • HighSchool: Florence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Cornwell Properties Llc
Bought by
Atreides Llc
Current Estimated Value
$367,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Outstanding Balance
$693,395
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$398,062

Purchase Details

Closed on
Mar 28, 2017
Sold by
Hmphries Steven N and Humphries Jerry A
Bought by
Cornwell Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Atreides Llc -- None Available
Cornwell Properties Llc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atreides Llc $784,000
Previous Owner Humphries Jerry A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $167,000 -9.7% $42 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
10/19/2009 10/19/09 For Sale $185,000 -- $46 / 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 $2,597 $53,000 $0 $0
2023 $2,597 $1,400 $1,400 $0
2022 $2,201 $44,920 $0 $0
2021 $1,819 $37,120 $0 $0
2020 $1,597 $32,600 $0 $0
2019 $1,597 $32,600 $0 $0
2018 $1,310 $26,740 $0 $0
2017 $1,208 $26,060 $0 $0
2016 $1,208 $24,660 $0 $0
2015 $1,525 $31,120 $0 $0
2014 $1,436 $29,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steve Humphries

    Knight and Humphries, Inc.

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 163651

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-03-3-001-010.000

Alabama Lauderdale County Florence 35630 North Florence

1512 Houston St, Florence, AL

This home is located at 1512 Houston St, Florence, AL 35630 since 19 October 2009 and is currently estimated at $367,333, approximately $91 per square foot. This property was built in 1980. 1512 Houston St is a home located in Lauderdale County with nearby schools including Florence Freshman Center, Florence High School, and St. Joseph Regional Catholic School.

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.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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