NOT LISTED FOR SALE

2505 2nd Place NW Center Point, AL 35215

Estimated Value: $107,000 - $127,695

2 Beds
1.5 Baths
1,408 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $100,000 $71 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $711/month

131 Days on Market

Highlights

  • Attic
  • Porch
  • Laundry Room
  • Den
  • Patio
  • Tile Flooring

About This Home

As of October 2024

Please Do Not disturb tenants! One-level brick home front has 2 bedrooms and 1 bath with a very spacious den/family room and an additional den are for a potential bedroom or office. This property comes with a large backyard with and open patio as well as a long driveway for plenty of parking. This property is tenant occupied and professionally managed. This property has the option to be bought in a bundle deal with another tenant-occupied house; perfect for an investor looking to expand their inventory!

Last Agent to Sell the Property

Marcia Russell

Russell Realty & Associates Listed on: 06/07/2024

Last Buyer's Agent

Marcia Russell

Russell Realty & Associates Listed on: 06/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Dining Room
  • Den
  • Attic

Kitchen

  • Gas Oven
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Patio
  • Porch

Schools

  • Center Point Elementary School
  • Erwin Middle School
  • Center Point High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21388183?w=PubMLS
  • Living Area: 1408
  • Legal Description: Valley View Est-2 12-7-3 BK 56 PG 29 Lot 7
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Floors: Carpet, Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|Den1|Den1|FullBath1|Bedroom1|Bedroom1|HalfBath1|Laundry1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Den/Family, On Level: 1
  • Room 5: Den/Family, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Half Bath, On Level: 1
  • Room 10: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Oven-Gas, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 1408

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Porch
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1408

Lot Info

  • Assessor Parcel Number: 1207002019000.00
  • Lot Description: Subdivision
  • Number Acres: 0.34

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1233

MLS Schools

  • Elementary School: CENTER POINT
  • High School: CENTER POINT
  • Jr Middle School: ERWIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 25, 2024
Sold by
Mcvay Gary and Mcvay Gail L
Bought by
Mcvay Dylan and Lampos John
Seller's Agent
Marcia Russell
Russell Realty & Associates
Buyer's Agent
Marcia Russell
Russell Realty & Associates
List Price
$126,000
Sold Price
$100,000
Premium/Discount to List
-$26,000
-20.63%
Views
49
Current Estimated Value
$115,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,924
Avg. Annual Appreciation
14.24%
Original Mortgage
$80,000
Outstanding Balance
$79,198
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$36,726

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 28, 2018
Sold by
King Keith D
Bought by
Mcvay Gary and Mcvay Gail L
Seller's Agent
Dorothy Akins
Fathom Realty AL LLC
Buyer's Agent
Xavier Spearman
Keller Williams Realty Vestavia
List Price
$82,000
Sold Price
$75,000
Premium/Discount to List
-$7,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Sep 18, 1997
Sold by
Southern Construction & Investments Inc
Bought by
King Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,679
Interest Rate
7.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcvay Dylan $100,000 None Listed On Document
Mcvay Dylan $100,000 --
Mcvay Gary $75,000 --
King Keith D $64,000 Alabama Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcvay Dylan $80,000
Previous Owner King Keith D $62,679
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $100,000 -9.1% $71 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $110,000 -8.3% $78 / Sq Ft
07/23/2024 07/23/24 Price Changed $120,000 -4.8% $85 / Sq Ft
06/07/2024 06/07/24 For Sale $126,000 +68.0% $89 / Sq Ft
02/28/2018 02/28/18 Sold $75,000 -8.5% $53 / Sq Ft View Prior Sale
02/04/2018 02/04/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $82,000 -- $58 / 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 $1,209 $21,940 -- --
2022 $1,233 $11,190 $1,300 $9,890
2021 $1,047 $9,500 $1,300 $8,200
2020 $903 $8,190 $1,300 $6,890
2019 $903 $16,380 $0 $0
2018 $931 $16,900 $0 $0
2017 $413 $8,460 $0 $0
2016 $371 $8,460 $0 $0
2015 $371 $8,460 $0 $0
2014 $315 $8,320 $0 $0
2013 $315 $8,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21388183

Greater Alabama MLS

APN: 12-00-07-3-002-019.000