2505 Montevallo Rd Unit 3 Birmingham, AL 35223
2
Beds
1
Bath
1,538
Sq Ft
$406/mo
HOA Fee
Highlights
- Living Room with Fireplace
- Wood Flooring
- Sun or Florida Room
- Mt. Brook Elementary School Rated A
- Main Floor Primary Bedroom
- Breakfast Room
About This Home
As of February 2016Incredible investment value/price. Local Bank is Seller. Beautiful historic condo in the heart of Mountain Brook Village. Large rooms, great natural light. 9'ft ceilings,hardwood floors, built in book cases, California closet, updated lighting, renovated Bathroom, fireplace with gas line... very charming!! 3rd floor unit. Monthly fees cover heating bill and water also.
Last Agent to Sell the Property
Charlie Hayes
LAH Sotheby's International Realty Homewood License #000077093 Listed on: 11/10/2012
Last Buyer's Agent
Christy Morris
Ingram & Associates, LLC License #81769
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,728
Year Built
- 1930
HOA Fees
- $406 Monthly HOA Fees
Interior Spaces
- Smooth Ceilings
- Gas Fireplace
- Living Room with Fireplace
- Breakfast Room
- Sun or Florida Room
- Basement Fills Entire Space Under The House
Kitchen
- Electric Cooktop
- Laminate Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- Off-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 28-08-2-005-006.312
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,034
Avg. Annual Appreciation
6.11%
Original Mortgage
$296,000
Outstanding Balance
$237,884
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$409,692
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%
Similar Homes in Birmingham, AL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $310,000 | -- | |
| Warranty Deed | $205,000 | -- | |
| Foreclosure Deed | $195,000 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $296,000 | New Conventional | |
| Previous Owner | $279,000 | New Conventional | |
| Previous Owner | $204,000 | New Conventional | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $205,500 | New Conventional | |
| Previous Owner | $205,200 | Commercial | |
| Previous Owner | $205,200 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $185,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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
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
-
Seller's Agent in 2016
Lisa Holmes
RealtySouth
(205) 527-3615
65 Total Sales
-
K
Seller Co-Listing Agent in 2016
Kaylee Holmes
RealtySouth
-
Buyer's Agent in 2016
Scott Boudreaux
LAH Sotheby's International Realty Crestline
(205) 588-8474
19 in this area
132 Total Sales
-
C
Seller's Agent in 2013
Charlie Hayes
LAH Sotheby's International Realty Homewood
-
C
Buyer's Agent in 2013
Christy Morris
Ingram & Associates, LLC
Map
Source: Greater Alabama MLS
MLS Number: 547420
APN: 28-00-08-2-005-006.312
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