NOT LISTED FOR SALE

Estimated Value: $1,570,176

1 Bed
6 Baths
9,823 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $1,405,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,982/month

Highlights

  • City View
  • Cathedral Ceiling
  • Attic
  • Deck
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of January 2022

The historic Rialto Theater has been renovated by Cohen Carnaggio Reynolds with modern updates while leaving historic remnants of the impressive building. The first floor (approximately 4363 SF) is currently a showroom with a 2-3 car garage, the second floor (approximately 1750) is open space that could be used as work or residential space. The third and 4th floors (approximately 3710 SF) combine into a spacious ultra chic residential loft with gorgeous original hardwood floors, His and Her bathrooms, a vibrant city view from huge cirque 1915 windows. There is also a private deck with access to your rooftop. True Live/Work space with unlimited possibilities. Schedule your personal tour of The Rialto Theater today.

Last Agent to Sell the Property

Adrianne Curran

LAH Sotheby's International Realty Homewood Listed on: 11/01/2021

LAH Sotheby's International Realty Homewood

Last Buyer's Agent

Benjamin Hedden

Bham Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,693

Year Built

  • Built in 1915

Lot Details

  • 3,615

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • City Views
  • Walkup Attic
  • Home Security System

Kitchen

  • Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Garden Bath
  • Separate Shower

Laundry

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

Outdoor Features

  • Balcony
  • Deck

Schools

  • Whatley Elementary And Middle School
  • Carver High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-00-36-2-018-001.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,693

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 9823
  • Legal Description: E 1/2 LOT 4 & E 1-1/2 FT OF N 70 FT OF W1/2 LOT 4 BLK 86 BHAM
  • List Price per Sq Ft: 167.97
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1915
  • Price Per Sq Ft: 143.03
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Interior Amenities: Security System, Wet Bar
  • Floors: Carpet, Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower
  • Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Concatenated Rooms: |Living3|FullBath3|Kitchen3|
  • Room 1: Living, On Level: 3
  • Room 2: Full Bath, On Level: 3
  • Room 3: Kitchen, On Level: 3
  • Rooms Level 2 Plus: Full Bath (LVL 2+), Kitchen (LVL 2+), Living (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Oven-Electric, Refrigerator, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-Up
  • Main Level Sq Ft: 4363
  • Upper Level Sq Ft: 5460

Exterior Features

  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Balcony
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Off Street Parking

Utilities

  • Heating: 3+ Systems (HEAT), Central (HEAT)
  • Cooling: 3+ Systems (COOL), Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 9823

Schools

  • Elementary School: WHATLEY
  • Middle School: WHATLEY
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 22-00-36-2-018-001.000
  • Lot View: Yes
  • Lot View Type: City View

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 5693

MLS Schools

  • Elementary School: WHATLEY
  • High School: CARVER, G W
  • Jr Middle School: WHATLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 6, 2022
Sold by
Rialto Grp Llc
Bought by
Hedden Llc
Seller's Agent
Adrianne Curran
LAH Sotheby's International Realty Homewood
Buyer's Agent
Benjamin Hedden
Bham Realty, LLC
List Price
$1,650,000
Sold Price
$1,405,000
Premium/Discount to List
-$245,000
-14.85%
Current Estimated Value
$1,570,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,176
Avg. Annual Appreciation
2.06%
Original Mortgage
$1,194,250
Outstanding Balance
$1,111,831
Interest Rate
3.11%
Mortgage Type
Mortgage Modification
Estimated Equity
$403,499

Purchase Details

Closed on
Apr 16, 2004
Sold by
Rialto Development Llc
Bought by
The Rialto Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,330
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1999
Sold by
Linda B Hardin James P
Bought by
Hardin James P and Hardin Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
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
Hedden Llc $1,405,000 --
The Rialto Group Llc $247,520 --
Hardin James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedden Llc $1,194,250
Previous Owner The Rialto Group Llc $760,704
Previous Owner The Rialto Group Llc $215,330
Previous Owner Hardin James P $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $1,405,000 -14.8% $143 / Sq Ft
11/01/2021 11/01/21 For Sale $1,650,000 -- $168 / 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 $20,275 $279,660 -- --
2022 $5,693 $157,020 $19,460 $137,560
2021 $5,693 $157,020 $19,460 $137,560
2020 $5,693 $157,020 $19,460 $137,560
2019 $5,693 $78,520 $0 $0
2018 $4,652 $64,160 $0 $0
2017 $4,652 $64,160 $0 $0
2016 $4,444 $61,300 $0 $0
2015 $4,444 $61,300 $0 $0
2014 $4,189 $60,280 $0 $0
2013 $4,189 $60,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1302510

Greater Alabama MLS

APN: 22-00-36-2-018-001.000