NOT LISTED FOR SALE

Estimated Value: $62,000 - $91,000

3 Beds
2 Baths
1,624 Sq Ft
$48/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $15,000 $9 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $473/month

75 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Central Air
  • Wood Flooring
  • 1-Story Property
  • 2-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. Purchaser to verify.

Last Listed By

CJ Hodges

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1929

Lot Details

  • Mature Trees

Parking

  • 1 Driveway Space

Home Design

  • Wood Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Dannelly Elementary School
  • Goodwyn Middle School
  • Jefferson Davis High School

Utilities

  • Central Air
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-04-17-4-015-009.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$405

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 1624
  • Year Built: 1929
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Vinyl/Linoleum, Wood
  • Room Count: 8

Exterior Features

  • Construction: Wood Siding
  • Exterior Feature: Mature Trees
  • Flood: Unknown
  • Foundation: Conventional
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Number Of Pad Spaces: 1.00
  • Parking: Driveway

Utilities

  • Cooling: Central Electric
  • Electric Authority: Alabama Power
  • Heating: Unknown
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Cable TV Access Available, Electric Power, High Speed Internet, Natural Gas
  • Utilities On-site: Cable, Electric, High Speed Internet, Natural Gas, Public Water, Sewer
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Dannelly Elementary School
  • Middle School: Goodwyn Middle School
  • High School: Jefferson Davis High School

Lot Info

  • Parcel Number: 10-04-17-4-015-009.000
  • Lot Dimension: 0x0x0

Rental Info

  • Lease Expiration Date: 2019-10-01
  • Leased: Yes

MLS Schools

  • School Elementary: Dannelly Elementary School
  • School High: Jefferson Davis High School
  • School Middle: Goodwyn 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
Total Days on Market
75
Current Estimated Value
$78,493

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
$921,536
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$843,043

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
Apr 28, 2003
Sold by
Johnston Robert H
Bought by
Johnston Sara B

Purchase Details

Closed on
May 3, 1999
Sold by
Rawlinson Lamar and Rawlinson Virginia G
Bought by
Johnston Robert H and Jones Sara B

Range of Values:

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Average Value
Not Available
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
Rkr Homestead Llc $227,741 Stewart Title
Speaks Jackson $115,900 None Listed On Document
Johnston Sara B $21,500 None Available
Johnston Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rkr Homestead Llc $934,700
Previous Owner Speaks Jackson $150,000
Previous Owner Sfr 1 Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $15,000 -40.0% $9 / Sq Ft
10/28/2020 10/28/20 Price Changed $25,000 +4101.7% $15 / Sq Ft
10/28/2020 10/28/20 For Sale $595 0.0% $0 / Sq Ft
08/31/2018 08/31/18 Rented $600 -7.7% --
08/01/2018 08/01/18 Under Contract -- -- --
07/14/2018 07/14/18 For Rent $650 -- --
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 $405 $8,180 $1,400 $6,780
2023 $405 $6,680 $1,400 $5,280
2022 $244 $6,680 $1,400 $5,280
2021 $216 $5,920 $1,400 $4,520
2020 $216 $5,920 $1,400 $4,520
2019 $254 $6,960 $1,400 $5,560
2018 $254 $6,960 $0 $0
2017 $507 $13,880 $6,000 $7,880
2014 $507 $13,880 $6,000 $7,880
2013 -- $14,860 $6,000 $8,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 482359

Montgomery Area Association of REALTORS®

APN: 10-04-17-4-015-009.000