$15,000
SOLD JAN 12, 2021
1 Bed
1 Bath
924 Sq Ft
1940 Built

Recently Sold

$16 Per Sq Ft

40% Below List Price

75 Days on Market

Highlights

  • Mature Trees
  • Patio
  • Multiple cooling system units
  • No HOA
  • 1-Story Property
  • 1-minute walk to Oak Park

About This Home

As of January 2021

Want to build your rental portfolio quickly? Here is your chance. This home is part of a bundle of properties being sold together. ALL ARE OCCUPIED, WITH NO DELINQUENT RENTS. Rental income of $3870.00 per month. Total tax appraisal of bundle $302k. The total asking price for all 6 is $239,900.00. Cash only, as-is. Condition unknown, no sellers disclosure will be provided. The bundle is as follows:
1867 Gillespie Dr: $895 per month 3b/2b 1942 sq ft per tax records
2025 E 3rd: $600 per month 3b/2b 1624 sq ft per tax records
2026 E 3rd: $600 per month 1b/1b 924 sq ft per tax records
2020 E 3rd: $573 per month 1b/1b 924 sq ft
1807 W 4th St: $600 per month Zoned business Hair Salon in place currently. Used to be Sara B's flower shop
2518 Brewton St: $600 per month 2b/1b 1078 sq ft per tax records.
All information per tax records and/or owners. Purchaser to verify.

Last Agent to Sell the Property

CJ Hodges

Paramount Properties, LLC. License #0077902 Listed on: 10/28/2020

Last Buyer's Agent

Michael Stroup

Harris And Atkins Real Estate License #0113442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x150
  • Property is Fully Fenced
  • Mature Trees

Parking

  • 1 Driveway Space

Home Design

  • Masonite

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Nixon Elementary School
  • Bellingrath Middle School
  • Jefferson Davis High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Wall Furnace
  • Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 924
  • Year Built: 1940
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Flooring: Carpet - Wall to Wall, Vinyl/Linoleum
  • Interior Amenities: Washer Connection, Window Treatments All Remain
  • Kitchen Feature: Microwave, Range Electric, Refrigerator
  • Room Count: 3

Exterior Features

  • Construction: Masonite Siding
  • Exterior Feature: Fence-Full, Mature Trees, Patio, Storage-Detached
  • Flood: Unknown
  • Foundation: Conventional
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: 2 or More Units, Window Units
  • Electric Authority: Alabama Power
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Nixon Elementary School
  • Middle School: Bellingrath Middle School
  • High School: Jefferson Davis High School

Lot Info

  • Parcel Number: 00000000000000000000
  • Lot Dimension: 50X150

Rental Info

  • Lease Expiration Date: 2020-10-28
  • Leased: Yes

MLS Schools

  • School Elementary: Nixon Elementary School
  • School High: Jefferson Davis High School
  • School Middle: Bellingrath Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2023
Sold by
Speaks Jackson
Bought by
Rkr Homestead Llc
Current Estimated Value
$51,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,700
Outstanding Balance
$918,240
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$866,975

Purchase Details

Closed on
Aug 13, 2023
Sold by
Sfr 1 Llc
Bought by
Speaks Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 1999
Sold by
Ballentine Julia S
Bought by
Jones Sara B
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
Special Warranty Deed $227,741 Stewart Title
Warranty Deed $115,900 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $934,700 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $265,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Rented $700 0.0% --
04/07/2024 04/07/24 For Rent $700 0.0% --
01/12/2021 01/12/21 Sold $15,000 -40.0% $16 / Sq Ft
10/28/2020 10/28/20 For Sale $25,000 -- $27 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $306 $6,220 $1,400 $4,820
2023 $306 $5,160 $1,400 $3,760
2022 $188 $5,160 $1,400 $3,760
2021 $169 $4,620 $1,400 $3,220
2020 $169 $4,620 $1,400 $3,220
2019 $196 $5,380 $1,400 $3,980
2018 $196 $5,380 $0 $0
2017 $305 $8,360 $3,760 $4,600
2014 -- $8,360 $3,760 $4,600
2013 -- $8,160 $3,760 $4,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 482362

Montgomery Area Association of REALTORS®

APN: 10-04-17-4-016-004.000