NOT LISTED FOR SALE

218 Oglesby Ave Unit 5 Birmingham, AL 35209

Estimated Value: $512,000 - $1,272,000

0.16 Acre
$5,863,112 Price per Acre
6,970 Sq Ft Lot

Last Sold April 25, 2022

Last sale price $320,000

Est. 193% increase in value since last sale

Current estimated payment $5,834/month

112 Days on Market

About This Lot

As of April 2022

This is your opportunity to build your dream home in Edgewood! An Oak Tree fell on the house. The house has been removed from the property. The shed in the back corner of the property to be sold as is. Minutes from Gianmarco's, Edgewood shopping, and Edgewood Elementary. See photos. Location, Location, Location!!! Award winning Homewood Schools!

Last Agent to Sell the Property

Barbara Lummis

ARC Realty - Homewood Listed on: 08/26/2021

ARC Realty - Homewood

Co-Listed By

Lori Reich

ARC Realty Mountain Brook

Last Buyer's Agent

Jason Kessler

CRE Residential LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,590

Lot Details

  • 6,970 Sq Ft Lot
  • Interior Lot
  • Property is zoned R2

Schools

  • Edgewood Elementary School
  • Homewood Middle School
  • Homewood High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-00-14-4-016-023.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,590

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Down Payment Assistance: No
  • Legal Description: EDGEMONT BK 16 PG 21 BLK 7 LOT 5
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Sewer, Water
  • Utilities On-site: Sewer, Underground Utils

Schools

  • Elementary School: EDGEWOOD
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 29-00-14-4-016-023.000
  • Lot Description: Interior Lot
  • Number Acres: 0.16
  • Zoning: R2
  • Best Use Per Zone: Residential
  • Improvements: Sidewalks, Value In Land Only
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 5

Tax Info

  • Tax District: Homewood
  • Annual Tax: 2590

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: EDGEWOOD
  • High School: HOMEWOOD
  • Jr Middle School: HOMEWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Apr 25, 2022
Sold by
Summersell Francis H
Bought by
Watts John and Watts Elizabeth
Seller's Agent
Barbara Lummis
ARC Realty - Homewood
Buyer's Agent
Jason Kessler
CRE Residential LLC
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$938,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,098
Avg. Annual Appreciation
38.12%
Original Mortgage
$856,000
Outstanding Balance
$806,041
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$132,057

Purchase Details

Closed on
Feb 15, 2018
Sold by
Lorna Land Co Llc
Bought by
Summersell Francis H

Purchase Details

Closed on
Aug 23, 2017
Sold by
Barganier Paul V
Bought by
Lorna Land Co Llc

Purchase Details

Closed on
Jan 18, 2017
Sold by
Barganier Rebecca
Bought by
Barganier V Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Baker Allen M
Bought by
Barganier Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2006
Sold by
Weed James R
Bought by
Baker Allen M and Baker Winifred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Watts John $320,000 --
Summersell Francis H $317,500 --
Lorna Land Co Llc $219,000 --
Barganier V Paul $219,000 --
Barganier Rebecca $222,000 --
Baker Allen M $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts John $856,000
Previous Owner Barganier V Paul $175,200
Previous Owner Barganier Rebecca $177,600
Previous Owner Baker Allen M $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $320,000 -5.6% --
12/16/2021 12/16/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $339,000 -3.1% --
08/26/2021 08/26/21 For Sale $349,900 -- --
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 $8,670 $88,560 -- --
2022 $2,470 $67,760 $67,000 $760
2021 $2,593 $35,520 $33,500 $2,020
2020 $2,581 $35,360 $33,500 $1,860
2019 $2,569 $41,760 $0 $0
2018 $5,040 $67,200 $0 $0
2017 $2,194 $30,200 $0 $0
2016 $1,992 $27,500 $0 $0
2015 $1,992 $27,500 $0 $0
2014 $3,274 $23,400 $0 $0
2013 $3,274 $22,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Lummis

    Seller's Agent in 2022

    Barbara Lummis

    ARC Realty - Homewood

    (205) 492-1793

    25 in this area

    103 Total Sales

    Barbara Lummis
    Section Image
  • Lori Reich

    Seller Co-Listing Agent in 2022

    Lori Reich

    ARC Realty Mountain Brook

    (205) 936-7002

    24 in this area

    102 Total Sales

    Lori Reich
    Section Image
  • Jason Kessler

    Buyer's Agent in 2022

    Jason Kessler

    CRE Residential LLC

    (205) 369-5187

    7 in this area

    65 Total Sales

    Jason Kessler
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1296625

Greater Alabama MLS

APN: 29-00-14-4-016-023.000

Alabama Jefferson County Birmingham 35209

218 Oglesby Ave Unit 5, Birmingham, AL

This home is located at 218 Oglesby Ave Unit 5, Birmingham, AL 35209 since 26 August 2021 and is currently estimated at $938,098. 218 Oglesby Ave Unit 5 is a home located in Jefferson County with nearby schools including Edgewood Elementary School, Homewood Middle School, and Homewood High School.

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