NOT LISTED FOR SALE

1601 Fairfax Ave Bessemer, AL 35020

Estimated Value: $52,000 - $124,000

3 Beds
2 Baths
1,736 Sq Ft
$46/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $46,000 $26 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $543/month

65 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry Room
  • Attic
  • Solid Surface Countertops
  • 1-Story Property

About This Home

As of September 2023

SELLER FINANCING AVAILABLE!!! INVESTOR'S DREAM. This 1,736 sf 3 bedroom and 2 bathroom home can be easily converted to a 4 bedroom home. There is also another detached garage on the property. This home has great potential for monthly income. $$$ Bring your contractor and imagination.

Last Agent to Sell the Property

Matt Rudak

ARC Realty Vestavia Listed on: 07/13/2023

ARC Realty Vestavia

Last Buyer's Agent

Nayeli Gutierrez De La Cerda

BluePrint Realty Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Solid Surface Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Hard Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1359724?w=PubMLS
  • Living Area: 1736
  • Legal Description: LOT 9 BL 43 BESS
  • List Price per Sq Ft: 31.62
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1940
  • Price Per Sq Ft: 26.5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Floors: Hardwood, Vinyl
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|DiningRoom1|Bedroom1|Bedroom1|Bedroom1|FullBath1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1736

Exterior Features

  • Construction: Siding-Vinyl
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1736

Schools

  • Elementary School: HARD, CHARLES F.
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 38-00-10-3-020-008.000
  • Lot Description: Corner Lot
  • Number Acres: 0.22

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 1007

MLS Schools

  • Elementary School: HARD, CHARLES F.
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 21, 2023
Sold by
Bohen Allison
Bought by
Sanchez Kevin
Seller's Agent
Matt Rudak
ARC Realty Vestavia
Buyer's Agent
Nayeli Gutierrez De La Cerda
BluePrint Realty Company
List Price
$64,900
Sold Price
$46,000
Premium/Discount to List
-$18,900
-29.12%
Views
302
Current Estimated Value
$79,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,192
Avg. Annual Appreciation
34.20%

Purchase Details

Closed on
Mar 10, 2023
Sold by
Stonegate Capital Llc
Bought by
Bohen Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2022
Sold by
Wilson Mildred
Bought by
Stonegate Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Sanchez Kevin $46,000 --
Bohen Allison $5,000 Smith Closing & Title
Stonegate Capital Llc $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bohen Allison $87,000
Previous Owner Stonegate Capital Llc $87,000
Previous Owner Stonegate Capital Llc $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $46,000 -16.2% $26 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $54,900 -8.3% $32 / Sq Ft
07/14/2023 07/14/23 Price Changed $59,900 -7.7% $35 / Sq Ft
07/13/2023 07/13/23 For Sale $64,900 -- $37 / Sq Ft
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 $1,330 $10,800 -- --
2022 $992 $14,440 $1,640 $12,800
2021 $992 $14,440 $1,640 $12,800
2020 $1,007 $14,440 $1,640 $12,800
2019 $992 $14,440 $0 $0
2018 $849 $12,360 $0 $0
2017 $849 $12,360 $0 $0
2016 $829 $12,060 $0 $0
2015 $829 $12,060 $0 $0
2014 $831 $11,880 $0 $0
2013 $831 $11,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1359724

Greater Alabama MLS

APN: 38-00-10-3-020-008.000