NOT LISTED FOR SALE

Estimated Value: $125,000 - $258,000

6 Beds
3 Baths
2,850 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $225,000 $79 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,320/month

43 Days on Market

About This Home

As of June 2023

Investors, this brick triplex is a great investment opportunity for any buyer looking to own a property with excellent rental income potential. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. Currently, units 1 and 3 are rented for $695 and $795 a month respectively, generating a steady cash flow from day one. Unit 2 has the potential to rent for $800-$850 a month. The building is in great shape and has been well-maintained, making it a hassle-free investment for the new owner. Please check this out before its gone.

Last Agent to Sell the Property

Mason Sanders

Keller Williams Realty Hoover Listed on: 04/09/2023

Keller Williams Realty Hoover

Last Buyer's Agent

Frank Donley

Real Broker LLC License #130818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1960

Lot Details

  • 7,492

Home Design

  • Triplex
  • Brick Exterior Construction

Schools

  • West End Academy Elementary School
  • Minor Junior Middle School
  • Jackson-Olin High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Additional Features

  • Laminate Flooring
  • Crawl Space

Community Details

  • 3 Units
  • Gross Income $2,285

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Triplex
  • Year Built Description: Existing
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Floors: Laminate

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit

Utilities

  • Heating: Central Control (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: 29-00-06-4-031-020.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1648

Multi Family

  • Gross Income: 2285

MLS Schools

  • Elementary School: WEST END ACADEMY
  • High School: JACKSON-OLIN
  • Jr Middle School: MINOR JUNIOR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Ben Byrd Homes
Bought by
Stable Properties Llc
Current Estimated Value
$209,333

Purchase Details

Listed on
Aug 19, 2013
Closed on
Sep 13, 2013
Sold by
Branch Banking And Trust C
Bought by
Ben Byrd Homes Llc
Seller's Agent
Greg Butler
Butler Realty, LLC
Buyer's Agent
Laudan Henderson
Cornerstone Real Estate LLC
List Price
$36,900
Sold Price
$37,501
Premium/Discount to List
$601
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stable Properties Llc $199,000 None Listed On Document
Ben Byrd Homes Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $225,000 0.0% $79 / Sq Ft
04/10/2023 04/10/23 For Sale $225,000 +500.0% $79 / Sq Ft
09/17/2013 09/17/13 Sold $37,501 +1.6% -- View Prior Sale
08/29/2013 08/29/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $36,900 -- --
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 $2,714 $37,440 -- --
2022 $1,567 $21,620 $2,260 $19,360
2021 $1,567 $21,620 $2,260 $19,360
2020 $1,567 $21,620 $2,260 $19,360
2019 $1,567 $21,620 $0 $0
2018 $1,138 $15,700 $0 $0
2017 $1,138 $15,700 $0 $0
2016 $1,138 $15,700 $0 $0
2015 $1,138 $15,700 $0 $0
2014 $1,072 $15,440 $0 $0
2013 $1,072 $15,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1350582

Greater Alabama MLS

APN: 29-00-06-4-031-020.000