NOT LISTED FOR SALE

Estimated Value: $261,603 - $282,000

-- Bed
-- Bath
2,200 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $200,000 $91 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,626/month

89 Days on Market

About This Home

As of August 2023

Great Investment Opportunity blocks from UNA! 4 units with off street parking. $1815 Monthly income. NEW Central unit for the main level apartment, and Window units are in the other three units. Owner covers water expense averages around $150-200 monthly, tenants pay all other utilities. New roof put on 3 years ago and fresh exterior paint in 2022! Unit 1 is a main level unit that is 3 bed 2 bath with new interior paint. Unit 2 is a basement unit that is 1 bed 1 bath. Upstairs has a 1 bed 1 bath unit and a studio style unit. Please do not bother tenants. There are showing restrictions. Contact agent for details. Seller is a realtor associated with brokerage. Seller has never occupied units.

Last Agent to Sell the Property

Tori Daniel

RiverCo Real Estate, LLC License #124976 Listed on: 03/03/2023

Co-Listed By

Anthony Holmes

RiverCo Real Estate, LLC License #100308

Last Buyer's Agent

Janet Griffin

RE/MAX Tri-State License #000079869-0

RE/MAX Tri-State

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x100

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Schools

  • Florence Elementary And Middle School
  • Florence High School

Community Details

  • No Home Owners Association
  • 4 Units
  • Florence Community
  • Florence Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 24-02-10-1-002-057.000
  • Tax Block 426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,575

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Quadplex
  • Building Area Src: Assessor
  • Built Before 1978 (Y/N): Yes
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 80X100
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 86.96
  • Subdivision Name: Florence
  • L A N D L O R D P A I D: Water
  • Agent Only_ L A1 User Code: S288_2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Partially Finished
  • Basement YN: Yes
  • NumberOfBuildings: 1
  • Price Per S Q F T: 90.91
  • Stories Total: 3

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

  • Elementary School: Florence
  • Middle School: Florence
  • High School: Florence

Lot Info

  • Acres: 0.2
  • Parcel Num: 24-02-10-1-002-057.000

Building Info

  • Year Built: 1930
  • BuildingAreaTotal: 2200

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1574.86
  • Tax Block: 426

Multi Family

  • Total Units: 4

MLS Schools

  • Elementary School: Florence
  • Middle School: Florence
  • HighSchool: Florence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Aug 29, 2023
Sold by
Arh Investments Llc
Bought by
Arh Investments Llc
Seller's Agent
Tori Daniel
RiverCo Real Estate, LLC
Buyer's Agent
Janet Griffin
RE/MAX Tri-State
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
450
Current Estimated Value
$268,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,901
Avg. Annual Appreciation
15.78%
Original Mortgage
$163,942
Outstanding Balance
$161,286
Interest Rate
7.07%
Mortgage Type
Construction
Estimated Equity
$107,996

Purchase Details

Closed on
Jul 16, 2019
Sold by
Cornwell Properties Llc
Bought by
Arh 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
$635,850
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2017
Sold by
Bankhead Greg and Bankhead Erin
Bought by
Cornwell Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,959
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arh Investments Llc $200,000 --
Arh Investments Llc $785,000 None Available
Cornwell Mckinley $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arh Investments Llc $163,942
Previous Owner Arh Investments Llc $635,850
Previous Owner Cornwell Mckinley $269,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $200,000 -13.0% $91 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $230,000 -- $105 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $2,059 $42,020 $2,000 $40,020
2023 $2,059 $1,800 $1,800 $0
2022 $1,575 $32,140 $0 $0
2021 $1,300 $26,540 $0 $0
2020 $1,144 $23,340 $0 $0
2019 $1,144 $23,340 $0 $0
2018 $1,116 $22,780 $0 $0
2017 $1,029 $22,200 $0 $0
2016 $1,029 $21,000 $0 $0
2015 $892 $18,200 $0 $0
2014 $844 $17,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 509851

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-10-1-002-057.000