NOT LISTED FOR SALE

1612 Elkwood Dr Fultondale, AL 35068

Estimated Value: $153,000 - $188,000

3 Beds
1 Bath
1,514 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $30,000 $20 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $955/month

12 Days on Market

Highlights

  • Deck
  • Central Air
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of July 2022

Attention investors! This property is located in a nice neighborhood and has good potential. Large open back deck and level yard. No one can go inside the house, the city of Fultondale has condemned the property.

Last Agent to Sell the Property

Greg Butler

Butler Realty, LLC Listed on: 06/03/2022

Last Buyer's Agent

Kalithea Morrell

RealtySouth-I459 Southwest License #117835

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.28

Parking

  • 1 Car Garage
  • Basement Garage
  • Front Facing Garage

Home Design

  • Split Foyer

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Partial Basement
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Fultondale Elementary And Middle School
  • Fultondale High School

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Additional Features

  • Deck
  • 0.28 Acre Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1322649?w=PubMLS
  • Living Area: 1014
  • Legal Description: LOT 138 FULTONWOOD FOREST FIFTH SECTOR
  • List Price per Sq Ft: 23.67
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1976
  • Price Per Sq Ft: 19.82
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Floors: Subflooring
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Split Foyer: Yes
  • Basement Finished Sq Ft: 500
  • Unfinished Basement Sq Ft: 450
  • Main Level Sq Ft: 1014

Exterior Features

  • Construction: Siding-Other
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Basement Parking

Utilities

  • Heating: No Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1514

Schools

  • Elementary School: FULTONDALE
  • Middle School: FULTONDALE
  • High School: FULTONDALE

Lot Info

  • Assessor Parcel Number: 14-00-35-2-008-026.002
  • Number Acres: 0.28

Tax Info

  • Tax District: FULTONDALE
  • Annual Tax: 600

MLS Schools

  • Elementary School: FULTONDALE
  • High School: FULTONDALE
  • Jr Middle School: FULTONDALE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 30, 2022
Sold by
Reverse Mtg Funding Llc
Bought by
Allen Joey
Seller's Agent
Greg Butler
Butler Realty, LLC
Buyer's Agent
Kalithea Morrell
RealtySouth-I459 Southwest
List Price
$24,000
Sold Price
$30,000
Premium/Discount to List
$6,000
25%
Current Estimated Value
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,000
Avg. Annual Appreciation
63.94%

Purchase Details

Closed on
Mar 28, 2022
Sold by
Wilson Luta M
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Jun 8, 2020
Sold by
Wilson Lu M
Bought by
Wilson Luta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.67%
Mortgage Type
FHA
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
Allen Joey $30,000 --
Reverse Mortgage Funding Llc $10,669 --
Wilson Luta M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Luta M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $30,000 +25.0% $20 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $24,000 -20.0% $16 / Sq Ft
06/06/2022 06/06/22 Off Market $30,000 -- --
06/03/2022 06/03/22 For Sale $24,000 -- $16 / 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 $614 $11,680 -- --
2022 $0 $23,100 $4,400 $18,700
2021 $0 $9,490 $2,200 $7,290
2020 $0 $10,200 $2,200 $8,000
2019 $0 $9,280 $0 $0
2018 $0 $9,700 $0 $0
2017 $0 $10,060 $0 $0
2016 $0 $9,980 $0 $0
2015 -- $9,700 $0 $0
2014 $526 $9,700 $0 $0
2013 $526 $9,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1322649

Greater Alabama MLS

APN: 14-00-35-2-008-026.002