NOT LISTED FOR SALE

Estimated Value: $423,934 - $469,000

2 Beds
2 Baths
1,656 Sq Ft
$425/mo HOA Fee

Last Sold November 13, 2017

Last sale price $310,000 $187 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,082/month

Highlights

  • Gated Community
  • Wood Flooring
  • Loft
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub
  • Stainless Steel Appliances

About This Home

As of November 2017

Welcome to Gallery Loft Number 6, situated in the heart of the vibrant Loft District of Birmingham. This unit is one of the largest, single units in the downtown market, and features two full bathrooms, as well as two separate ( and enclosed) bedrooms. With soaring 20+ foot ceilings, large wooden beams, exposed brick, and hardwood flooring, this loft has all of the features you are looking for in a "loft" in the white hot downtown market. In addition, this is one of the few buildings in the market, that has gas appliances, including cooktop, which all of the at home chefs love! Located on the beginning of the historic 2nd Ave North, you are blocks away from Birmingham's newest restaurants, nightlife, including the Pitiz Food Hall, and East/West Birmingham. This unit includes a garage parking space, as well as one of the best HOA's in Birmingham. **12 Months HOA Paid By Seller at Closing**

Last Agent to Sell the Property

Clint DeShazo

ARC Realty Vestavia Listed on: 07/06/2017

ARC Realty Vestavia

Last Buyer's Agent

Clint DeShazo

ARC Realty Vestavia Listed on: 07/06/2017

ARC Realty Vestavia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,170

Year Built

  • 1924

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage on Main Level
  • Rear-Facing Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Bay Window
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-00-36-1-008-008.307

Community Details

Overview

  • Association Phone (334) 844-4244

Recreation

  • Trails
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,170

Year Built

1924

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1656
  • Legal Description: UNIT 6 GALLERY LOFTS CONDO RES REAL 200610/13640 PB 221 PG 97 ALSO UND 4.10 % INT IN COMMON ELEMENT SEC 36 TP 17 R3W
  • Condo Level: 1
  • List Price per Sq Ft: 193.24
  • Loft: Yes
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: Guarnty Pest Contol
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Interior Amenities: Bay Window, Recess Lighting
  • Floors: Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Jetted Tub, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Bedroom1|FullBath1|Kitchen1|MasterBR1|MasterBath1|Living/Din1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Full Bath, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Living/Dining, 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)
  • Kitchen Countertops: Tile (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1656

Exterior Features

  • Construction: 4 Side Brick
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Assigned, Parking (MLVL), Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Bike Trails, Common Elevator, Gate Entrance/Comm, Sidewalks, Walking Paths
  • Association Fee: Yes
  • Association Fee: 425
  • Association Fee Per: Monthly
  • Condo Fee Per: Monthly
  • HOA Management Company: Self Managed
  • Hoa Phone: 334-844-4244

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Included
  • Library Fee: Included

Schools

  • Elementary School: WHATLEY
  • Middle School: WHATLEY
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 22-00-36-1-008-008.307

Tax Info

  • Tax District: BIRMINGHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Nov 13, 2017
Sold by
White Matthew Edward
Bought by
Sparks James Andrew
Seller's Agent
Clint DeShazo
ARC Realty Vestavia
Buyer's Agent
Clint DeShazo
ARC Realty Vestavia
List Price
$349,999
Sold Price
$310,000
Premium/Discount to List
-$39,999
-11.43%
Current Estimated Value
$452,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,984
Avg. Annual Appreciation
4.84%
Original Mortgage
$205,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2014
Closed on
May 4, 2015
Sold by
Hughes Gerald Wade
Bought by
White Matthew Edward
Seller's Agent
Joyce Watson
ARC Realty - Hoover
Buyer's Agent
Clint DeShazo
ARC Realty Vestavia
List Price
$255,000
Sold Price
$225,000
Premium/Discount to List
-$30,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$218,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Ticheli Ed and Ticheli Leo
Bought by
Hughes Gerald Wade and Hughes Gerald Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
The Gallery Lofts Condominium Birmingham
Bought by
Ticheli Ed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
8.73%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Sparks James Andrew $310,000 --
White Matthew Edward $5,000 --
Hughes Gerald Wade $220,000 None Available
Ticheli Ed $266,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks James Andrew $150,000
Closed Sparks James Andrew $205,000
Previous Owner White Matthew Edward $218,250
Previous Owner Hughes Gerald Wade $176,000
Previous Owner Ticheli Ed $202,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $310,000 0.0% $187 / Sq Ft
10/06/2017 10/06/17 Off Market $310,000 -- --
10/06/2017 10/06/17 Pending -- -- --
09/24/2017 09/24/17 Price Changed $319,999 -3.0% $193 / Sq Ft
08/16/2017 08/16/17 Price Changed $329,999 -5.7% $199 / Sq Ft
07/06/2017 07/06/17 For Sale $349,999 +55.6% $211 / Sq Ft
05/04/2015 05/04/15 Sold $225,000 -11.8% $136 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $255,000 -- $154 / 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 $3,170 $44,720 -- $44,720
2022 $2,318 $10,250 $0 $10,250
2021 $2,318 $10,250 $0 $10,250
2020 $2,174 $10,250 $0 $10,250
2019 $2,174 $30,980 $0 $0
2018 $2,038 $29,100 $0 $0
2017 $1,600 $23,060 $0 $0
2016 $1,546 $22,320 $0 $0
2015 $1,872 $25,820 $0 $0
2014 $1,275 $25,660 $0 $0
2013 $1,275 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 788995

Greater Alabama MLS

APN: 22-00-36-1-008-008.307