NOT LISTED FOR SALE

1711 Electronics Dr Anniston, AL 36207

Anniston Area

Estimated Value: $126,000 - $505,000

22 Beds
12 Baths
9,821 Sq Ft
$36/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2021

Last sale price $420,000 $43 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,155 / mo

119 Days on Market

Highlights

  • Wood Flooring
  • Attic Fan
  • Ceiling Fan
  • Storage
  • Central Heating and Cooling System

About This Home

As of March 2021

10.27% cap rate (2020 year to date) and White Plains school district highlight this unique investment opportunity. 11 apartments (Eight 2BR/1BA and three 1BR/1BA) total in 3 separate structures. Also included is a 3BR/1BA single family full brick home w/in-ground pool and a concrete pad with electricity run to it. An additional approximately 3.5 acres available to build on. Great business opportunity. All units are rented. All 3 apartment buildings have metal roofs that are less than 5 years old. Expenses were 1.09% for 2019, and cap rate was 8.81%. Property is in Golden Springs area, but White Plains school district. All properties are on well water. One separate well for home and another well for the 3 apartment buildings. Contact agent for virtual tour links.

Last Agent to Sell the Property

Adam Harper

eXp Realty, LLC Central Listed on: 08/18/2020

eXp Realty, LLC Central

Last Buyer's Agent

Alison Stocking

Good Faith Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 1964

Lot Details

  • 4.5

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame
  • Frame Construction
  • Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Ceiling Fan
  • Storage
  • Crawl Space
  • Attic Fan

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Barbecue Area

Schools

  • White Plains Elementary And Middle School
  • White Plains High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant), gas (tenant)
  • The owner pays for trash collection (owner), water/sewer (owner)

Community Details

Overview

  • 12 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $19,155
  • Gross Income $70,020

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,337

Year Built

Built in 1964

Lot Details

4.5 Acres

Listing Details

  • Class: MULTIFAMILY
  • Dual or Variable Rate Commission: Yes
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Floors: Laminate, Some Hardwood, Tile, Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: BBQ Area, Pets Not Allowed, Pool, Storage

Exterior Features

  • Construction: Brick, Brick and Frame, Concrete/Block, Frame, Shingle, Siding
  • Foundation: Crawl Space, Slab
  • Water Heater: Electric (WTRHTR), Gas (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Central Control (HEAT), Electric (HEAT), Gas Heat, Heat Pump (HEAT), Individual Units (HEAT)
  • Cooling: Attic, Ceiling Fans, Central Control (COOL), Electric (COOL), Gas (COOL), Heat Pump (COOL), Individual Units (COOL)
  • Sewer/Septic System: Septic
  • Water: Well Water

Condo/Co-op/Association

  • Total Units: 12

Lot Info

  • Assessor Parcel Number: 2105214001002007

Rental Info

  • Owner Pays: Trash Collection (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Gas (TENANT)

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 5337

Multi Family

  • Expenses: 19155
  • Gross Income: 70020

MLS Schools

  • Elementary School: WHITE PLAINS
  • High School: WHITE PLAINS
  • Jr Middle School: WHITE PLAINS

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
03/04/2021 03/04/21 Sold $420,000 -9.7% $43 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $465,000 -- $47 / Sq Ft
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 $2,586 $64,660 $0 $0
2024 $2,586 $64,220 $8,160 $56,060
2023 $2,569 $64,220 $8,160 $56,060
2022 $2,569 $64,220 $8,160 $56,060
2021 $2,067 $51,668 $8,160 $43,508
2020 $2,067 $51,668 $8,160 $43,508
2019 $2,442 $61,044 $8,204 $52,840
2018 $2,442 $61,040 $0 $0
2017 $1,906 $47,640 $0 $0
2016 $1,795 $44,880 $0 $0
2013 -- $44,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam Harper

    eXp Realty, LLC Central

    Section Image
  • Alison Stocking Real Estate Agent - Good Faith Realty

    Buyer's Agent in 2021

    Alison Stocking

    Good Faith Realty

    (405) 496-8165

    83 Total Sales

    Alison Stocking
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 892771

Greater Alabama MLS

APN: 21-05-21-4-001-003.000

Alabama Calhoun County Anniston 36207

1711 Electronics Dr, Anniston, AL

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.

Greater Alabama MLS 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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