NOT LISTED FOR SALE
20 Beds
10 Baths
9,060 Sq Ft
1963 Built

Last Sold December 15, 2023

Last sale price $510,000 $56 Per Sq Ft

25 Days on Market

About This Home

As of December 2023

10 UNITS- ALL 2 Bedrooms/1 Bath. 100% occupied and some Section 8. Most interiors are updated as shown in the photos per the property management Company- Current rents range from $550-$600/mo. New leases could bring $800/mo+. Tenants pay all utilities- separate electric and water/sewer. Taxes are $2627 per year and Insurance is $9,600 per year. Great parking lot with extra space for guests. NO SELLER FINANCING AVAILABLE.

Last Agent to Sell the Property

Margie Beth Shaw

Keller Williams Realty Vestavia Listed on: 03/02/2023

Keller Williams Realty Vestavia

Last Buyer's Agent

Amanda Dabbs

RealtySouth-MB-Crestline

RealtySouth-MB-Crestline

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction

Schools

  • Minor Elementary School
  • Bush Middle School
  • Jackson-Olin High School

Additional Features

  • Wood Flooring
  • Crawl Space
  • Electric Water Heater

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $2,000
  • Gross Income $5,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,627

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1963
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Floors: Some Hardwood

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Utilities

  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 10

Schools

  • Elementary School: MINOR
  • Middle School: BUSH
  • High School: JACKSON-OLIN

Lot Info

  • Assessor Parcel Number: 29-00-05-2-026-005.000

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 2627

Multi Family

  • Expenses: 2000
  • Gross Income: 5500

MLS Schools

  • Elementary School: MINOR
  • High School: JACKSON-OLIN
  • Jr Middle School: BUSH

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

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $510,000 -12.8% $56 / Sq Ft
10/13/2023 10/13/23 Price Changed $585,000 +11.4% $65 / Sq Ft
08/15/2023 08/15/23 Price Changed $525,000 -4.5% $58 / Sq Ft
07/24/2023 07/24/23 Price Changed $550,000 -1.8% $61 / Sq Ft
06/20/2023 06/20/23 Price Changed $559,900 0.0% $62 / Sq Ft
06/20/2023 06/20/23 Price Changed $559,990 0.0% $62 / Sq Ft
05/04/2023 05/04/23 Price Changed $559,900 -2.6% $62 / Sq Ft
04/11/2023 04/11/23 For Sale $575,000 0.0% $63 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $575,000 -- $63 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1346995

Greater Alabama MLS