NOT LISTED FOR SALE

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

3 Beds
2 Baths
1,634 Sq Ft
$457/mo HOA Fee

Last Sold May 31, 2019

Last sale price $471,227 $288 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,468/month

6 Days on Market

Highlights

  • Deck
  • Stone Countertops
  • Tile Flooring
  • Loft
  • Laundry Room
  • Kitchen Island

About This Home

As of May 2019

Welcome to The Franklin! Downtown Birmingham's latest condominiums. Built in the early 1900's, the Franklin originally served the Franklin, Stiles, Franklin Grocery Company in what once was the Grocery District of Downtown Birmingham. Unit 404 is a beautifully appointed New York style loft located along historic 1st Avenue North. Natural light floods the unit from near floor-to-ceiling windows. Features include concrete floors & ceilings, painted brick walls, 11+ ceilings, Quartz counters, stainless steel appliances, interior garage parking, and a personal storage locker! Enjoy panoramic views from the building's roof terrace and downtown living at its finest!

Last Agent to Sell the Property

Devin Broder

Ingram & Associates, LLC License #109431 Listed on: 07/26/2018

Co-Listed By

Ellis Terry

Ingram & Associates, LLC

Last Buyer's Agent

Lynlee Real-Hughes

ARC Realty Mountain Brook

ARC Realty Mountain Brook

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 2019 | Under Construction

HOA Fees

  • $457 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Loft
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 404

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$457 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1634
  • Legal Description: LOTS 1-2 BLK 107-A BHAM, Unit 404
  • Condo Level: 4
  • List Price per Sq Ft: 275.34
  • Loft: Yes
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: HOA
  • Termite Contract: Yes
  • Year Built Description: Under Construction
  • Year Built: 2019
  • Price Per Sq Ft: 288.39
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2019

Interior Features

  • Interior Amenities: Elevator
  • Floors: Concrete, Tile Floor
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Kitchen1|Living/Din1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1634

Exterior Features

  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Private Water
  • HVAC Area: 1634

Condo/Co-op/Association

  • Amenities: Common Elevator, Sidewalks, Street Lights
  • Association Fee: Yes
  • Association Fee: 457
  • Association Fee Per: Monthly
  • Condo Fee Per: Monthly
  • HOA Management Company: HOA
  • Hoa Phone: 0000000

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: CARVER, G W

Lot Info

  • Lot Number: 404

Tax Info

  • Tax District: BIRMINGHAM

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
$449,900
Sold Price
$471,227
Premium/Discount to List
$21,327
4.74%
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
$25,172
Avg. Annual Appreciation
3.56%
Original Mortgage
$312,400
Outstanding Balance
$211,758
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$373,551
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
05/31/2019 05/31/19 Sold $471,227 +4.7% $288 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $449,900 -- $275 / 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: 828426

Greater Alabama MLS

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