NOT LISTED FOR SALE

1723 8th Ave N Bessemer, AL 35020

Estimated Value: $134,000 - $269,000

5 Beds
4 Baths
3,800 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $229,000 $60 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,175/month

75 Days on Market

About This Home

As of May 2023

3800 square feet and already renovated. Total of 5 bedrooms, 4 baths and a major money making property. Property has tenants in place with a 1 year lease. Both sides are leased for $1775 total income. Ready for a new owner/investor today!!!

Last Agent to Sell the Property

Stephanie Ford

Extreme Agent Inc Listed on: 02/15/2023

Last Buyer's Agent

Stephanie Ford

Extreme Agent Inc Listed on: 02/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1925

Lot Details

  • 9,496

Home Design

  • Duplex
  • Siding

Schools

  • Barrett Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Tile Flooring
  • Crawl Space

Community Details

  • 2 Units
  • Gross Income $21,300

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1345687?w=PubMLS
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1925
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Floors: Tile

Exterior Features

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

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: BARRETT
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 38-00-09-1-019-005.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 1000

Multi Family

  • Gross Income: 21300

MLS Schools

  • Elementary School: BARRETT
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Jun 28, 2023
Sold by
Traver Justin
Bought by
Irons Property Management Llc
Seller's Agent
Stephanie Ford
Extreme Agent Inc
Buyer's Agent
Stephanie Ford
Extreme Agent Inc
List Price
$249,900
Sold Price
$229,000
Premium/Discount to List
-$20,900
-8.36%
Views
379
Current Estimated Value
$193,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,410
Avg. Annual Appreciation
-4.22%
Original Mortgage
$164,500
Interest Rate
6.81%

Purchase Details

Listed on
Jun 10, 2019
Closed on
Oct 11, 2019
Sold by
Higginbotham Jane C
Bought by
Traver Justin and Bingham Adam
Seller's Agent
Nebrazy Adams
RealtySouth-I459 Southwest
Buyer's Agent
Stephanie Ford
Extreme Agent Inc
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Irons Property Management Llc $229,900 --
Traver Justin $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irons Property Management Llc $164,500
Previous Owner Traver Justin $172,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $229,000 -0.4% $60 / Sq Ft
03/02/2023 03/02/23 Price Changed $229,900 -8.0% $61 / Sq Ft
02/15/2023 02/15/23 For Sale $249,900 +614.0% $66 / Sq Ft
10/17/2019 10/17/19 Sold $35,000 -12.5% $10 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/14/2019 09/14/19 Price Changed $40,000 -19.8% $12 / Sq Ft
06/10/2019 06/10/19 For Sale $49,900 -- $15 / 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 $1,436 $20,900 -- --
2022 $1,092 $7,950 $1,470 $6,480
2021 $1,092 $7,950 $1,470 $6,480
2020 $1,043 $7,590 $1,470 $6,120
2019 $1,043 $15,180 $0 $0
2018 $0 $6,660 $0 $0
2017 $387 $6,660 $0 $0
2016 $279 $6,660 $0 $0
2015 $279 $6,660 $0 $0
2014 $381 $6,560 $0 $0
2013 $381 $6,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1345687

Greater Alabama MLS

APN: 38-00-09-1-019-005.000