NOT LISTED FOR SALE

Estimated Value: $197,000

6 Beds
3 Baths
2,850 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

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

Est. 12% decrease in value since last sale

Current estimated payment $1,308 / mo

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

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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

7,492 Sq Ft Lot

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

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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2023
Closed on
Jul 24, 2023
Sold by
Bought by
Seller's Agent
Mason Sanders
Keller Williams Realty Hoover
Buyer's Agent
Frank Donley
Real Broker LLC
List Price
$225,000
Sold Price
$225,000
Views
294
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,000
Avg. Annual Appreciation
-4.20%
Original Mortgage
$229,837
Outstanding Balance
$222,122
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
-$25,122

Purchase Details

Closed on
Apr 13, 2022
Sold by
Bought by

Purchase Details

Listed on
Aug 19, 2013
Closed on
Sep 13, 2013
Sold by
Bought by
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
13.75%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$225,000 --
$199,000 None Listed On Document
$219,000 --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $229,837
Source: Public Records

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 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

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 $2,714 $37,440
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

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Map

Source: Greater Alabama MLS

MLS Number: 1350582

Greater Alabama MLS

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

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