$152,000
SOLD JUN 10, 2022

1811 8th Ave N Bessemer, AL 35020

4 Beds
3 Baths
2,752 Sq Ft
9,496 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

1% Above List Price

About This Home

As of June 2022

Triplex unit. There are 2 units in the main building. Downstairs unit one is rented section 8(1BR 1BA). Upstairs unit 2 (2R 1BA) was recently rehabbed and currently vacant. Projected rent amount is $775/mo. Garage unit has a 1BR 1BA apartment that was also recently rehabbed, with a projected rent of $600/mo. The garage unit has a potential 2nd 1BR 1BA unit on the lower level that was started in the past but never completed. All units have CH&A and separate gas and electric meters. Electrical has been updated. Convenient location, just off Bessemer Highway. Near schools, shopping, interstate, and civic areas.

Last Agent to Sell the Property

Don Sweat

Avast Realty- Birmingham Listed on: 03/07/2022

Avast Realty- Birmingham

Last Buyer's Agent

Eltheya Leonard

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $496

Year Built

  • Built in 1910

Home Design

  • Triplex
  • Frame Construction
  • Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Abrams Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $265
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$496

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Triplex
  • Year Built Description: Existing
  • Year Built: 1910
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Floors: Some Hardwood, Vinyl, Wall-to-Wall Carpet
  • Basement Style: Full Basement
  • Basement Finished: All Unfinished
  • Miscellaneous: Handyman Special

Exterior Features

  • Construction: Frame, Siding
  • Foundation: Basement
  • Water Heater: Individual Control, Electric (WTRHTR)

Utilities

  • Heating: Central w/Ind Ctrl(HEAT), Gas Heat, Individual Units (HEAT)
  • Cooling: Central w/Ind Ctrl(COOL), Individual Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

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

Lot Info

  • Assessor Parcel Number: 38-00-09-1-016-006.000

Rental Info

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

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 496

Multi Family

  • Expenses: 265
  • Gross Income: 2000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jun 9, 2022
Sold by
Bablar Holdings Llc
Bought by
Ogbue Augustine
Seller's Agent
Don Sweat
Avast Realty- Birmingham
Buyer's Agent
Eltheya Leonard
Keller Williams Realty Hoover
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$149,246
Outstanding Balance
$142,954
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$120,610

Purchase Details

Closed on
Dec 2, 2021
Sold by
M & D Properties Llc
Bought by
Badlar Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.09%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $152,000 --
Warranty Deed $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,246 FHA
Previous Owner $60,000 New Conventional
Previous Owner $80,035 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $269,900 +77.6% $98 / Sq Ft
06/10/2022 06/10/22 Sold $152,000 +1.4% $55 / Sq Ft
05/04/2022 05/04/22 For Sale $149,900 0.0% $54 / Sq Ft
05/04/2022 05/04/22 Price Changed $149,900 -3.2% $54 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $154,900 -- $56 / 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 $1,002 $15,360 -- --
2022 $496 $7,220 $3,800 $3,420
2021 $496 $7,220 $3,800 $3,420
2020 $511 $7,220 $3,800 $3,420
2019 $496 $7,220 $0 $0
2018 $459 $6,680 $0 $0
2017 $459 $6,680 $0 $0
2016 $459 $6,680 $0 $0
2015 $459 $6,680 $0 $0
2014 $468 $6,600 $0 $0
2013 $468 $6,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1313099

Greater Alabama MLS

APN: 38-00-09-1-016-006.000