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

Sale Details

Date 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-Homewood

RealtySouth-Homewood

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

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1963
  • 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Dec 8, 2023
Sold by
Bought by
Seller's Agent
Margie Beth Shaw
Keller Williams Realty Vestavia
Buyer's Agent
Amanda Dabbs
RealtySouth-Homewood
List Price
$575,000
Sold Price
$510,000
Premium/Discount to List
-$65,000
-11.3%
Views
1165

Purchase Details

Closed on
Jan 13, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0649%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 10, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
0.0426%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.0566%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,896 $104,840 -- --
2024 $3,461 $81,320 -- --
2022 $2,627 $36,240 $6,440 $29,800
2021 $2,627 $36,240 $6,440 $29,800
2020 $2,627 $36,240 $6,440 $29,800
2019 $2,627 $36,240 $0 $0
2018 $2,132 $29,400 $0 $0
2017 $2,132 $29,400 $0 $0
2016 $2,132 $29,400 $0 $0
2015 $2,132 $29,400 $0 $0
2014 $2,014 $28,980 $0 $0
2013 $2,014 $28,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1346995

Greater Alabama MLS
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