NOT LISTED FOR SALE

Estimated Value: $448,973 - $546,000

2 Beds
2 Baths
1,778 Sq Ft
1910 Built

Last Sold May 15, 2019

Last sale price $396,900 $223 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,035/month

Highlights

  • Deck
  • Stainless Steel Appliances
  • Walk-In Closet
  • Stone Countertops
  • Attached Garage
  • Laundry Room

About This Home

As of January 2023

Amazing top floor 2 bedroom & 2 full bathroom condo for rent in the popular Franklin Building. It was constructed in 1910, while interior was renovated to loft style living in 2019, the exterior exhibits historic charm. It features true loft living w concrete floors, soaring ceilings, an open floor plan, wall of windows flooding w natural light & city views. Entrance to the loft allows for a view of the open floor plan beginning w/dining area & leads to a living area & kitchen. The kitchen features a huge oversized island w/waterfall marble, storage, tiled backsplash, stainless appliances that include electric stove, microwave, dishwasher & fridge. Additional nook for an office space. Master bedroom features windows, large walk through closet space & en-suite w/tiled shower, & full size stackable W/D. The 2nd bedroom space features a Murphy bed & access to the 2nd bath w/tub/shower. City views from the Rooftop deck. Parking garage w/1 assigned spot & storage closet.

Last Agent to Rent the Property

Fred Smith

RealtySouth-MB-Crestline Listed on: 12/30/2022

RealtySouth-MB-Crestline

Last Renter's Agent

Bryant Turner Jr.

ARC Realty 280

ARC Realty 280

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Avondale Elementary School
  • Wilkerson Middle School
  • Carver High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $3,400
  • Tenant pays for all utilities
  • 12 Month Lease Term

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Security Deposit: Yes
  • Security Deposit Amt: 3400
  • Tenant Pays: All Utilities
  • Rental Price: 3400

Listing Details

  • Class: RENTAL
  • Down Payment Assistance: No
  • List Price per Sq Ft: 1.91
  • Property Type: Condo
  • Year Built: 1910
  • Price Per Sq Ft: 1.91
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Design: 1 Story
  • Interior Amenities: 9+ Ceiling, Dryer, Walk-In Closet, Washer, Washer Connection, Window Treatments-Some
  • Floors: Concrete, Hard Tile
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom Features: Separate Shower, Tub/Shower Combo
  • Room 1: Dining Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Living, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet

Exterior Features

  • Construction: Brick (CONST)
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Deck
  • Foundation: Basement (FNDTN)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Assigned, Attached, Garage 1 Car

Utilities

  • Heating: Central Electric
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water
  • HVAC Area: 1778

Schools

  • Elementary School: AVONDALE
  • Middle School: WILKERSON
  • High School: CARVER, G W

Lot Info

  • Unit/Lot Number: 403

MLS Schools

  • Elementary School: AVONDALE
  • High School: CARVER, G W
  • Jr Middle School: WILKERSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
May 31, 2019
Sold by
2329 First Avenue North Llc
Bought by
Reese Canon Cherri Lee and Reese Nelson Malcolm
Seller's Agent
Devin Broder
Ingram & Associates, LLC
Buyer's Agent
Lynlee Real-Hughes
ARC Realty Mountain Brook
List Price
$404,900
Sold Price
$396,900
Premium/Discount to List
-$8,000
-1.98%
Current Estimated Value
$496,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,499
Avg. Annual Appreciation
4.38%
Original Mortgage
$312,400
Outstanding Balance
$208,430
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$310,210
Source: Public Records

Range of Values:

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Average Value
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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
Reese Canon Cherri Lee $471,227 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Canon Cherri Lee $312,400
Closed Reese Canon Cheri Lee $312,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Rented $3,400 0.0% --
12/30/2022 12/30/22 For Rent $3,400 0.0% --
05/15/2019 05/15/19 Sold $396,900 -2.0% $237 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
07/26/2018 07/26/18 For Sale $404,900 -- $242 / Sq Ft
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 $3,520 $49,540 -- $49,540
2022 $3,456 $8,070 $0 $8,070
2021 $3,343 $8,070 $0 $8,070
2020 $3,343 $8,070 $0 $8,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1341768

Greater Alabama MLS

APN: 22-00-36-1-021-001.315