NOT LISTED FOR SALE

Estimated Value: $145,542 - $195,000

4 Beds
2 Baths
1,730 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $139,000 $80 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,079/month

29 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 1-minute walk to Exchange Park
  • Central Air

About This Home

As of August 2021

Fully renovated Duplex with very well-qualified tenants living in both units, paying On Time each month for easy monthly income. Property has a brand new roof, plumbing, electrical, kitchens and bathrooms. Out of the four total bedrooms on the property, only one of them is carpet the rest are hardwood floors. Fresh paint, countertops, light fixtures, bathroom vanities and flooring throughout, these are truly "set it and forget it" rental apartments that will earn income every single month in perpetuity. Each unit has it's own personal laundry space. These are marketable and desirable units that will always will be easy to rent in the future. Safe neighborhood with good neighbors, very quiet with the exception of being two blocks from the 20/59 freeway onramp so some car traffic, though it's good for the tenants and their commutes to work. Professional hands-on management in place for easy transition. Tenants pay all utilities; no house expenses to owner. Nice low property taxes.

Last Agent to Sell the Property

Davey Lanshaw

Bear Flag Property Management Listed on: 06/17/2021

Last Buyer's Agent

Millie Foust

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1920

Lot Details

  • 5,271

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Frame
  • Siding

Schools

  • Bush Hills Academy Elementary And Middle School
  • Jackson-Olin High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 2 Units
  • Gross Income $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,014

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1920
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Floors: Some Hardwood
  • Miscellaneous: Pets Not Allowed

Exterior Features

  • Construction: Brick and Frame, Shingle, Siding
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Central w/Ind Ctrl(COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: BUSH HILLS ACADEMY
  • Middle School: BUSH HILLS ACADEMY
  • High School: JACKSON-OLIN

Lot Info

  • Assessor Parcel Number: 22-00-32-3-042-002.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1014

Multi Family

  • Gross Income: 1300

MLS Schools

  • Elementary School: BUSH HILLS ACADEMY
  • High School: JACKSON-OLIN
  • Jr Middle School: BUSH HILLS ACADEMY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 27, 2021
Sold by
Stephen Sidney
Bought by
Zahle Properties Llc
Seller's Agent
Davey Lanshaw
Bear Flag Property Management
Buyer's Agent
Millie Foust
Keller Williams Realty Vestavia
List Price
$149,900
Sold Price
$139,000
Premium/Discount to List
-$10,900
-7.27%
Total Days on Market
29
Current Estimated Value
$166,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,136
Avg. Annual Appreciation
4.05%

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 11, 2021
Sold by
Payne Martin
Bought by
Stephen Sidney
Seller's Agent
Davey Lanshaw
Bear Flag Property Management
Buyer's Agent
Millie Foust
Keller Williams Realty Vestavia
List Price
$149,900
Sold Price
$139,000
Premium/Discount to List
-$10,900
-7.27%

Purchase Details

Listed on
Sep 5, 2020
Closed on
Feb 3, 2021
Sold by
Vo Mai Ngoc
Bought by
Payne Martin and Payne Jackie
Seller's Agent
Eric Bradford
RealtySouth-Oneonta/Blount Co
Buyer's Agent
James Rodgers
Keller Williams Homewood
List Price
$72,900
Sold Price
$52,000
Premium/Discount to List
-$20,900
-28.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
587.51%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Rentury Revitalization Grp Inc
Bought by
Vo Mai Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2015
Sold by
Templar Family Investments Lll
Bought by
Rentury Revitalization Grp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Parker Kim
Bought by
Templar Family Investments Lllp
Source: Public Records

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Range of Values:

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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
Zahle Properties Llc $131,000 --
Stephen Sidney $131,000 --
Payne Martin $75,000 --
Vo Mai Ngoc $50,000 --
Rentury Revitalization Grp Inc $8,000 --
Templar Family Investments Lllp $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vo Mai Ngoc $37,500
Previous Owner Century Revitalization Grp Inc $25,000
Previous Owner Rentury Revitalization Grp Inc $25,000
Previous Owner Mercer Benjamin $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $139,000 -7.3% $80 / Sq Ft
06/24/2021 06/24/21 For Sale $149,900 +188.3% $87 / Sq Ft
02/02/2021 02/02/21 Sold $52,000 -28.7% $30 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $72,900 0.0% $42 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $72,900 -- $42 / 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 $2,368 $32,660 -- --
2022 $1,298 $17,900 $2,220 $15,680
2021 $1,014 $13,980 $2,220 $11,760
2020 $1,014 $13,980 $2,220 $11,760
2019 $1,014 $13,980 $0 $0
2018 $729 $10,060 $0 $0
2017 $729 $10,060 $0 $0
2016 $729 $10,060 $0 $0
2015 $729 $10,060 $0 $0
2014 $926 $9,920 $0 $0
2013 $926 $9,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1289235

Greater Alabama MLS

APN: 22-00-32-3-042-002.000