NOT LISTED FOR SALE

Estimated Value: $267,085 - $276,000

0.12 Acre
$2,262,858 Price per Acre
5,227 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $80,000

Est. 239% increase in value since last sale

Current estimated payment $1,665/month

177 Days on Market

About This Lot

As of October 2023

Nice lot with downtown view that provides excellent opportunity for investors and developers. This lot sits directly across the street from the new Southtown redevelopment project and is surrounded by other vacant or underdeveloped properties. Be well positioned to be a part of the redevelopment of this rare area of land near the hospital district in a manner that is complementary to the new Southtown development. The lot is conveniently located to Downtown Birmingham, UAB, St. Vincent's Hospital, 5 Points and Highland Park.

Last Agent to Sell the Property

Doug Klick

ARC Realty Mountain Brook Listed on: 03/28/2023

ARC Realty Mountain Brook

Last Buyer's Agent

Doug Klick

ARC Realty Mountain Brook Listed on: 03/28/2023

ARC Realty Mountain Brook

Property Details

Property Type

  • Land

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned B1

Schools

  • Avondale Elementary School
  • Putnam Middle School
  • Woodlawn High School

Listing and Financial Details

  • Assessor Parcel Number 28-00-06-2-004-008.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: P O B 166.9 Ft Ne Of The Inter Of Ne Line 23Rd St S & Se Line 10Th Ave S Th Ne 50 Ft Along Ave Th Se 105 Ft Th Sw 50 Ft Th Nw 105 Ft To P O B Being Pt Of Lot 6 Blk 746 Bham
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: City Road

Utilities

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

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 28-00-06-2-004-008.000
  • Number Acres: 0.12
  • Zoning: B1
  • Best Use Per Zone: Comm/Indus (BESTUSE)
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Comm/Indus (AREA), Multifamily, Residential
  • Unit/Lot Number: 6

Tax Info

  • Tax District: Birmingham
  • Annual Tax: 1370

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: AVONDALE
  • High School: WOODLAWN
  • Jr Middle School: PUTNAM, W E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Cook Street Partners Llc
Bought by
Paragon Management Llc
Current Estimated Value
$271,543

Purchase Details

Closed on
Jul 2, 2024
Sold by
Southside Two Llc
Bought by
Cook Street Partners Llc

Purchase Details

Listed on
Mar 28, 2023
Closed on
Oct 20, 2023
Sold by
Mccormick Greeg Mitchell
Bought by
Southside Two Llc
Seller's Agent
Doug Klick
ARC Realty Mountain Brook
Buyer's Agent
Doug Klick
ARC Realty Mountain Brook
List Price
$150,000
Sold Price
$80,000
Premium/Discount to List
-$70,000
-46.67%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.37%

Purchase Details

Closed on
Jun 24, 2016
Sold by
Mcclendon Robert B
Bought by
Mccormick Gregg Mitchel

Purchase Details

Closed on
Jan 14, 1998
Sold by
Gold Frances B and Gold Peter D
Bought by
Mcclendon Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,821
Interest Rate
7.16%
Mortgage Type
Seller Take Back
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
Paragon Management Llc $255,000 --
Cook Street Partners Llc $265,000 --
Southside Two Llc $136,500 None Listed On Document
Mccormick Gregg Mitchel $9,863 --
Mcclendon Robert B $30,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclendon Robert B $21,821
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $80,000 -36.0% --
08/19/2023 08/19/23 Price Changed $125,000 -16.7% --
03/28/2023 03/28/23 For Sale $150,000 -- --
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 $1,979 $27,300 $27,300 --
2022 $1,370 $18,900 $18,900 $0
2021 $799 $11,020 $11,020 $0
2020 $799 $11,020 $11,020 $0
2019 $799 $11,020 $0 $0
2018 $799 $11,020 $0 $0
2017 $0 $11,020 $0 $0
2016 $0 $12,300 $0 $0
2015 -- $12,300 $0 $0
2014 $855 $12,260 $0 $0
2013 $855 $12,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1349380

Greater Alabama MLS

APN: 28-00-06-2-004-008.000