NOT LISTED FOR SALE

2152 Madison Ave Unit 1 & 2 Montgomery, AL 36107

Capitol Heights Neighborhood

Estimated Value: $126,000 - $143,000

-- Bed
2 Baths
-- Sq Ft
6,795 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $78,000

Est. 68% increase in value since last sale

Current estimated payment $807/month

99 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Dining Room
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2019

Perfect opportunity for an investor. You do not want to miss this centrally located, very well maintained duplex.
Solid brick house with two, mirror like units. One side still rented at $ 470. Other side vacant.
Each side has a big front room, separate dining room, kitchen and in the back the master with full bathroom. New paint and new carpet on the vacant side. Tenant occupied side has hard wood floor. Living room and dining room with original french door and transit panel on the top. Plenty of natural light. Great room has a fire place (sealed and secured) with the mantel on the top adding a charm to the room. Master bedroom has a huge walk in closet with build in shelves.
The is a laundry area off the kitchen, separated by the doors. Washer and dryer to remain without the warranty. The kitchen has a pass through window with shutters.
Small side porch on the each side of the house. Plenty of parking in the front. Centrally located in the middle of town. A few minutes from Ann Street shopping, I 85 HWY in a blink. Easy living, very good investment opportunity. Can be yours today.
You must call an agent prior showing, one side tenant occupied. Info critical.

Last Agent to Sell the Property

Viridiana Sayegh

Morris V.I.P. Realty License #0107830 Listed on: 01/09/2019

Last Buyer's Agent

Stephanie Schulte

eXp Realty, LLC. - Southern Br License #0075572

eXp Realty, LLC. - Southern Br

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1930

Lot Details

  • 6,795

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Dining Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Parking

  • 2 Driveway Spaces
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Association fees include parking
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10-03-08-4-022-001.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$560

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • Year Built: 1930
  • New Construction: No
  • Information: Lease Summary
  • Unit Type: House Converted
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Separate Dining Room
  • Flooring: Carpet - Wall to Wall, Hard Tile, Laminate
  • Kitchen Feature: Dishwasher, Pantry, Range Gas, Range Hood

Exterior Features

  • Construction: Brick
  • Driveway: Concrete
  • Foundation: Conventional
  • Pool: No

Garage/Parking

  • Number Of Pad Spaces: 2.00
  • Parking: Driveway, Parking Pad

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas
  • 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
  • H O A Included: Parking

Lot Info

  • Parcel Number: 10-03-08-4-022-001.000

Rental Info

  • Monthly Lease: 470.00
  • Term Lease: 1 Year

Tax Info

  • Taxes: 560

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Apr 29, 2019
Sold by
Spears Larry E and Spears Sue T
Bought by
Henry Michael
Seller's Agent
Viridiana Sayegh
Morris V.I.P. Realty
Buyer's Agent
Stephanie Schulte
eXp Realty, LLC. - Southern Br
List Price
$98,000
Sold Price
$78,000
Premium/Discount to List
-$20,000
-20.41%
Current Estimated Value
$131,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,428
Avg. Annual Appreciation
8.10%
Original Mortgage
$58,500
Outstanding Balance
$51,958
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$76,240
Source: Public Records

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
Henry Michael $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Michael $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $78,000 -20.4% --
04/18/2019 04/18/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $98,000 -- --
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 $1,282 $26,260 $2,400 $23,860
2023 $1,282 $25,020 $2,400 $22,620
2022 $852 $23,340 $2,400 $20,940
2021 $726 $19,880 $2,400 $17,480
2020 $726 $19,880 $2,400 $17,480
2019 $799 $21,880 $2,400 $19,480
2018 $717 $19,640 $0 $0
2017 $552 $15,120 $2,400 $12,720
2014 $591 $16,180 $2,400 $13,780
2013 -- $16,020 $2,400 $13,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 445473

Montgomery Area Association of REALTORS®

APN: 10-03-08-4-022-001.000