$51,000
SOLD MAR 13, 2023
3 Beds
1 Bath
1,120 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating and Cooling System
  • Tile Flooring

About This Home

As of July 2024

Opportunity knocks with this income-generating property in the bustling city of Birmingham, Alabama! This 3-bedroom, 1-bathroom home sits on a large flat lot and boasts a monthly rental income of $750 a month with a long-term tenant in place. Enjoy the peace of mind that comes with a secure investment and steady income stream. With its outdoor space, and reliable tenant, this property is sure to provide a solid return on investment for years to come. Don't miss out on this fantastic opportunity - contact us to learn more about this investment property.

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 02/02/2023

Keller Williams Homewood

Co-Listed By

Rob Drum

eXp Realty, LLC Central

Last Buyer's Agent

Jordan Holt

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property

Kitchen

  • Convection Oven
  • Laminate Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Schools

  • West End Academy Elementary School
  • Arrington Middle School
  • Wenonah High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1344606?w=PubMLS
  • Living Area: 1120
  • Legal Description: LOT 1 BLK 1 GLENBORISS
  • List Price per Sq Ft: 49.02
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1949
  • Price Per Sq Ft: 45.54
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Floors: Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|Living1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Convection Oven, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1120

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1120

Schools

  • Elementary School: WEST END ACADEMY
  • Middle School: ARRINGTON
  • High School: WENONAH

Lot Info

  • Assessor Parcel Number: 29-00-08-4-009-022.000
  • Number Acres: 0.17

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 642

MLS Schools

  • Elementary School: WEST END ACADEMY
  • High School: WENONAH
  • Jr Middle School: ARRINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 1, 2024
Sold by
Chunn Properties Llc
Bought by
Tapia Miguel Angel
Seller's Agent
Devin Cordell
Kelly Right Real Estate of Ala
Buyer's Agent
Makina Wallace
ARC Realty Vestavia
List Price
$65,000
Sold Price
$65,000
Views
13
Current Estimated Value
$65,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488
Avg. Annual Appreciation
0.70%
Original Mortgage
$48,750
Outstanding Balance
$48,378
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$17,110

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 10, 2023
Sold by
Chavella Investments Llc-Series J
Bought by
Chunn Properties Llc
Seller's Agent
Todd Helzer
Keller Williams Homewood
Buyer's Agent
Jordan Holt
Real Broker LLC
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%

Purchase Details

Closed on
Sep 25, 2020
Sold by
Pathfinder 2 Llc
Bought by
Chavella Investments Llc Series J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2017
Sold by
Not Provided
Bought by
Pathfinder 2 Llc

Purchase Details

Closed on
Dec 27, 2010
Sold by
Property Direct Inc
Bought by
Shelf Blue Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,900
Interest Rate
4.42%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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 $65,000 None Listed On Document
Warranty Deed $51,000 None Listed On Document
Warranty Deed $51,000 --
Warranty Deed $44,000 --
Warranty Deed $24,000 --
Quit Claim Deed $38,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,750 New Conventional
Previous Owner $26,000 New Conventional
Previous Owner $26,500 New Conventional
Previous Owner $22,900 Balloon
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $65,000 0.0% $58 / Sq Ft
05/28/2024 05/28/24 For Sale $65,000 +27.5% $58 / Sq Ft
03/13/2023 03/13/23 Sold $51,000 -7.1% $46 / Sq Ft
02/02/2023 02/02/23 For Sale $54,900 -- $49 / 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 $616 $8,500 -- --
2022 $642 $8,860 $3,240 $5,620
2021 $642 $8,860 $3,240 $5,620
2020 $642 $8,860 $3,240 $5,620
2019 $642 $13,560 $0 $0
2018 $827 $11,400 $0 $0
2017 $755 $10,420 $0 $0
2016 $827 $11,400 $0 $0
2015 $827 $11,400 $0 $0
2014 $761 $7,220 $0 $0
2013 $761 $7,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1344606

Greater Alabama MLS

APN: 29-00-08-4-009-022.000