NOT LISTED FOR SALE

2505 Montevallo Rd Unit 3 Birmingham, AL 35223

Estimated Value: $410,000 - $747,000

2 Beds
1 Bath
1,538 Sq Ft
$450/mo HOA Fee

Last Sold February 25, 2016

Last sale price $370,000 $241 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,093/month

Highlights

  • City View
  • Wood Flooring
  • Home Office
  • Mountain Brook Elementary School Rated A
  • Stone Countertops
  • Stainless Steel Appliances

About This Home

As of February 2016

Rare opportunity to live in historic Mountain Brook Village. This immaculate, totally updated condo in the heart of Mountain Brook Village has everything you need. Gorgeous refinished hardwoods, totally newly renovated full bath that includes granite vanity, subway tile, rain shower fixtures, mirrored lighting,storage galore. The master bedroom closet has been enlarged and personalized with organized shelving. The beautiful open kitchen features granite countertops, stainless upgraded appliances. The limestone fireplace has been brought back to life and is a beautiful focal point in the family room. The office/study offers great natural lighting and wonderful view of Mountain Brook. Park your car, you can walk everywhere-grocery,drugstore, bank, restaurants, Starbucks even the zoo. This is the one you have been waiting for ! No detail has been left undone. HOA fees include heat, water, garbage, common area maintenance,building insurance.

Last Agent to Sell the Property

Lisa Holmes

RealtySouth-OTM-Acton Rd Listed on: 01/28/2016

RealtySouth-OTM-Acton Rd

Co-Listed By

Kaylee Holmes

RealtySouth - Admin Office License #105257

Last Buyer's Agent

Scott Boudreaux

LAH Sotheby's International Realty Crestline

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,728

Year Built

  • 1930

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

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

Parking

  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • Association fees include common grounds mntc, insurance-building, management fee, pest control, sewage service, water
  • Boothby Property Mgt. Association, Phone Number (205) 879-9500

Listing and Financial Details

  • Assessor Parcel Number 28-08-2-005-006.312

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,728

Year Built

1930

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1538
  • Legal Description: Unit 3 /bldg 2505 Mtn. Brook Condominium Real 1854 og 928 122/48 also und 5.4253 interest in common element
  • Condo Level: 3
  • List Price per Sq Ft: 245.77
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: unknown
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1930

Interior Features

  • Interior Amenities: Recess Lighting, Security System
  • Fireplace Details: Gas Starter, Stone (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood
  • Number Fireplaces: 1
  • Windows Treatments: All, Some to Remain
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Den1|Kitchen1|MasterBR1|Bedroom1|FullBath1|DiningRoom1|Office1|
  • Room 1: Den/Family, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Dining Room, On Level: 1
  • Room 7: Office/Study, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Self-Cleaning, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1538

Exterior Features

  • Construction: 4 Side Brick
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking, Unassigned Parking, Uncovered Parking

Utilities

  • Heating: Steam Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association Fee: Yes
  • Association Fee: 450
  • Association Fee Per: Monthly
  • Condo Fees: Yes
  • Condo Association Fee: 450
  • Condo Fee Per: Monthly
  • HOA Management Company: Boothby Property Mgt.
  • Hoa Phone: 205-879-9500

Fee Information

  • Fees Include: Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Sewage Service, Water

Schools

  • Elementary School: MOUNTAIN BROOK
  • Middle School: MOUNTAIN BROOK
  • High School: MOUNTAIN BROOK

Lot Info

  • Assessor Parcel Number: 28-08-2-005-006.312
  • Lot View: Yes
  • Lot View Type: City View

Tax Info

  • Tax District: MOUNTAIN BROOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 8, 2016
Sold by
Reis Thomas F
Bought by
Waldrum Michael and Waldrum Susan
Seller's Agent
Lisa Holmes
RealtySouth-OTM-Acton Rd
Buyer's Agent
Scott Boudreaux
LAH Sotheby's International Realty Crestline
List Price
$378,000
Sold Price
$370,000
Premium/Discount to List
-$8,000
-2.12%
Current Estimated Value
$612,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,817
Avg. Annual Appreciation
5.38%
Original Mortgage
$296,000
Outstanding Balance
$234,733
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$378,084

Purchase Details

Listed on
Jun 2, 2015
Closed on
Sep 18, 2015
Sold by
Morris David G
Bought by
Reis Thomas F
Seller's Agent
Scott Boudreaux
LAH Sotheby's International Realty Crestline
Buyer's Agent
Lisa Holmes
RealtySouth-OTM-Acton Rd
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.50%
Original Mortgage
$279,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2012
Closed on
Feb 15, 2013
Sold by
First Partners Bank
Bought by
Morris David G
Seller's Agent
Charlie Hayes
LAH Sotheby's International Realty Homewood
Buyer's Agent
Christy Morris
Ingram & Associates, LLC
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%
Original Mortgage
$205,200
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2012
Sold by
Goldsmith M Alex
Bought by
First Partners Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2011
Sold by
Goldsmith Erin Winters
Bought by
Goldsmith Maurice Alex

Purchase Details

Closed on
Nov 5, 2002
Sold by
Tilson Anne Ballard
Bought by
Goldsmith Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Waldrum Michael $370,000 --
Reis Thomas F $310,000 --
Morris David G $205,000 --
First Partners Bank $195,000 --
Goldsmith Maurice Alex -- None Available
Goldsmith Alex $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldrum Michael $296,000
Previous Owner Reis Thomas F $279,000
Previous Owner Morris David G $205,200
Previous Owner First Partners Bank $205,200
Previous Owner Goldsmith Alex $185,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $370,000 -2.1% $241 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $378,000 +21.9% $246 / Sq Ft
09/18/2015 09/18/15 Sold $310,000 -4.6% $202 / Sq Ft View Prior Sale
08/15/2015 08/15/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $325,000 +58.5% $211 / Sq Ft
02/15/2013 02/15/13 Sold $205,000 -10.5% $133 / Sq Ft View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
11/10/2012 11/10/12 For Sale $229,000 -- $149 / 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 $4,728 $43,380 -- $43,380
2022 $4,107 $29,060 $0 $29,060
2021 $4,192 $29,060 $0 $29,060
2020 $4,192 $29,060 $0 $29,060
2019 $3,808 $38,460 $0 $0
2018 $7,336 $74,100 $0 $0
2017 $7,336 $74,100 $0 $0
2016 $3,507 $35,960 $0 $0
2015 $3,507 $35,960 $0 $0
2014 $3,320 $35,720 $0 $0
2013 $3,320 $35,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Holmes

    Seller's Agent in 2016

    Lisa Holmes

    RealtySouth

    (205) 527-3615

    63 Total Sales

    Lisa Holmes
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kaylee Holmes

    RealtySouth

  • Scott Boudreaux

    Buyer's Agent in 2016

    Scott Boudreaux

    LAH Sotheby's International Realty Crestline

    (205) 588-8474

    17 in this area

    129 Total Sales

    Scott Boudreaux
    Section Image

  • C

    Seller's Agent in 2013

    Charlie Hayes

    LAH Sotheby's International Realty Homewood

    Section Image

  • C

    Buyer's Agent in 2013

    Christy Morris

    Ingram & Associates, LLC

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 739232

Greater Alabama MLS

APN: 28-00-08-2-005-006.312

Alabama Jefferson County Birmingham 35223

2505 Montevallo Rd Unit 3, Birmingham, AL

This home is located at 2505 Montevallo Rd Unit 3, Birmingham, AL 35223 since 28 January 2016 and is currently estimated at $612,817, approximately $398 per square foot. This property was built in 1930. 2505 Montevallo Rd Unit 3 is a home located in Jefferson County with nearby schools including Mountain Brook Elementary School, Mt. Brook Junior High School, and Mt. Brook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes