NOT LISTED FOR SALE

Estimated Value: $203,000 - $241,000

2 Beds
1 Bath
1,119 Sq Ft
$549/mo HOA Fee

Last Sold November 23, 2022

Last sale price $180,000 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,876/month

20 Days on Market

Highlights

  • City View
  • Laundry Room
  • 1-Story Property
  • Stone Countertops
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2022

The historic Watts Tower building is one of the oldest buildings in Birmingham. If you love historic charm, this unit might be for you! Right in the center of everything down town has to offer - you'll be hard pressed to find a better location. This unit is nicely updated with concrete floors throughout. This is a corner unit and gets great light! The kitchen is open to the living area, which makes for a good space to entertain friends! There is an in unit washer and dryer hookup. You'll also enjoy a gated parking lot with an assigned spot. This is a rare opportunity to be in the heart of the loft district at a great price point. Call today to schedule a tour!

Last Agent to Sell the Property

Ross Blaising

ARC Realty Mountain Brook Listed on: 10/20/2022

ARC Realty Mountain Brook

Last Buyer's Agent

Stephanie Lee

eXp Realty, LLC Central

eXp Realty, LLC Central

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1925

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • City Views

Kitchen

  • Electric Oven
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Laundry

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

Schools

  • Hayes Elementary And Middle School
  • Carver High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, pest control, reserve for improvements, sewage service, utilities for comm areas, water

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,315

Year Built

Built in 1925

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1336346?w=PubMLS
  • Living Area: 1119
  • Legal Description: Unit 5C Watts Bldg Condo Real 200612/5691 And Amended Real 200612/13374 Pb 2211 Pg 1 Also Und 1.71& Int Common Area
  • Condo Level: 5
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 177.84
  • Number Levels: 1-Story
  • Property Type: Condo
  • Year Built Description: Existing
  • Year Built: 1925
  • Price Per Sq Ft: 160.86
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Floors: Concrete, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Bedroom1|Bedroom1|FullBath1|Kitchen1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Full Bath, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Kitchen Countertops: Solid Surface, Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Ice Maker Built-In, Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1119

Exterior Features

  • Construction: Concrete/Block
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1119

Condo/Co-op/Association

  • Condo Fees: Yes
  • Condo Association Fee: 549
  • Condo Fee Per: Monthly

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Reserve for Improvements, Sewage Service, Utilities for Comm Areas, Water

Schools

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

Lot Info

  • Assessor Parcel Number: 22-00-36-2-011-012.357
  • Lot View: Yes
  • Lot View Type: City View

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1315

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 18, 2022
Sold by
Nuzzo Carl W and Nuzzo Lynda C
Bought by
Ghobar Issam Khader and Ghobar Nicol Khader
Seller's Agent
Ross Blaising
ARC Realty Mountain Brook
Buyer's Agent
Stephanie Lee
eXp Realty, LLC Central
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$227,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,219
Avg. Annual Appreciation
8.58%
Original Mortgage
$81,599
Outstanding Balance
$79,150
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$148,069
Source: Public Records

Range of Values:

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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
Ghobar Issam Khader $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghobar Issam Khader $81,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $180,000 -9.5% $161 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $199,000 -- $178 / 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 $1,518 $22,840 -- $22,840
2022 $1,437 $12,110 $0 $12,110
2021 $1,315 $12,110 $0 $12,110
2020 $1,315 $12,110 $0 $12,110
2019 $1,306 $18,020 $0 $0
2018 $1,224 $16,880 $0 $0
2017 $1,099 $15,160 $0 $0
2016 $1,099 $15,160 $0 $0
2015 $800 $11,040 $0 $0
2014 $1,034 $10,240 $0 $0
2013 $1,034 $10,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1336346

Greater Alabama MLS

APN: 22-00-36-2-011-012.357