NOT LISTED FOR SALE

200 State Rd Oneonta, AL 35121

16 Beds
8 Baths
6,000 Sq Ft
1942 Built

Last Sold October 07, 2022

Last sale price $460,000 $77 Per Sq Ft

87 Days on Market

Highlights

  • Wood Flooring
  • Oneonta Elementary School Rated A-
  • Coin Laundry

About This Home

As of October 2022

A rare and amazing opportunity to own multifamily in Alabama, This 8 unit apartment building is located right near downtown Oneonta shopping and dining. 6 of the units are rented. pro forma income $55,260 a year with all 8 units rented. This property is Professionally managed.

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 05/24/2022

Keller Williams Homewood

Co-Listed By

Rob Drum

eXp Realty, LLC Central

Last Buyer's Agent

Carly Bond

eXp Realty, LLC Central

eXp Realty, LLC Central

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1942

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Frame Construction

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Oneonta Elementary And Middle School
  • Oneonta High School

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Building Details

  • Operating Expense $26,926
  • Gross Income $55,260

Additional Features

  • 8 Units
  • Coin Laundry

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,941

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Floors: Some Hardwood, Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: Coin Laundry

Exterior Features

  • Construction: Frame
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • Total Units: 8

Lot Info

  • Assessor Parcel Number: 16-09-31-2-002-022.000

Rental Info

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

Tax Info

  • Tax District: ONEONTA
  • Annual Tax: 2941

Multi Family

  • Expenses: 26926
  • Gross Income: 55260

MLS Schools

  • Elementary School: ONEONTA
  • High School: ONEONTA
  • Jr Middle School: ONEONTA

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $460,000 0.0% $77 / Sq Ft
08/08/2022 08/08/22 Price Changed $460,000 -7.1% $77 / Sq Ft
05/24/2022 05/24/22 For Sale $495,000 +56.4% $83 / Sq Ft
07/08/2019 07/08/19 Sold $316,583 -6.8% $56 / Sq Ft View Prior Sale
03/21/2019 03/21/19 For Sale $339,750 -- $60 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Helzer

    Seller's Agent in 2022

    Todd Helzer

    Keller Williams Homewood

    (205) 616-5024

    214 Total Sales

    Todd Helzer
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Rob Drum

    eXp Realty, LLC Central

    Section Image
  • Carly Bond

    Buyer's Agent in 2022

    Carly Bond

    eXp Realty, LLC Central

    (205) 261-3841

    10 Total Sales

    Carly Bond
    Section Image
  • Rachel Moody

    Seller's Agent in 2019

    Rachel Moody

    Keller Williams Realty Blount

    (256) 302-2654

    46 Total Sales

    Rachel Moody
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1321408

Greater Alabama MLS
Alabama Blount County Oneonta 35121

200 State Rd, Oneonta, AL

Not Listed for Sale

MultiFamily

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