NOT LISTED FOR SALE

Estimated Value: $142,000 - $213,737

4 Beds
3 Baths
2,272 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $140,000 $62 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,154/month

46 Days on Market

Highlights

  • Open Floorplan
  • Cooling Available
  • Heat Pump System

About This Home

As of June 2021

INVESTOR’S SPECIAL!!!!! Ideal investment opportunity and is a great addition to your investment portfolio. This rental portfolio features a 2 bedroom 1 bath house and a 1 bedroom 1 bath duplex, that stays consistently occupied. Located in the Tuscaloosa area. If you are looking for an established income generating property, look no further. Two current tenants on month-to-month leases (long-term renters), and one just moved out and ready to rent. Tenant occupied. House - $675/Mo, Unit A - $500/Mo, Unit B - $625/Mo.

Last Agent to Sell the Property

Tammy Regevig

1st Class Real Estate South Home Group Listed on: 03/18/2021

1st Class Real Estate South Home Group

Last Buyer's Agent

Julie Brand

Carrie Fitts Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Dirt Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Martin Luther King Elementary School
  • Westlawn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Leatherwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-07-26-3-011-016.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Subdivision Name: Leatherwood
  • Directions: 2510 11th court near Rosedale apartments. 1.5 miles from MLK JR. Elementary School. 0.7 Miles from Central High School. 1.5 Miles from Woodlawn Middle School West Tuscaloosa Neighborhood
  • Architectural Style: Other
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Over 35
  • Year Built: 1930
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Appliances: Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Open Concept
  • Living Area: 2272.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Dirt Driveway
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Martin Luther King
  • High School: Central
  • Middle Or Junior School: Westlawn

Lot Info

  • Parcel #: 31-07-26-3-011-016.000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 2, 2021
Sold by
Prewitt Derrick
Bought by
Benjamin Gyanesh and Benjamin Dylan
Seller's Agent
Tammy Regevig
1st Class Real Estate South Home Group
Buyer's Agent
Julie Brand
Carrie Fitts Real Estate
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$188,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,684
Avg. Annual Appreciation
11.16%
Original Mortgage
$105,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2020
Sold by
Prewitt Rental Properties Llc
Bought by
Prewitt Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2005
Sold by
Prewitt Glendon
Bought by
Prewitt Rental Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Benjamin Gyanesh $140,000 --
Prewitt Derrick -- --
Prewitt Rental Properties Llc $31,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Cesar $156,225
Closed Benjamin Gyanesh $105,000
Previous Owner Prewitt Derrick $73,500
Previous Owner Prewitt Rental Properties $88,179
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $140,000 -6.7% $62 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $150,000 -- $66 / Sq Ft
Source: West Alabama Multiple Listing Service

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 $1,239 $24,060 $1,120 $22,940
2023 $1,239 $24,860 $1,120 $23,740
2022 $1,280 $24,860 $1,120 $23,740
2021 $1,280 $24,860 $1,120 $23,740
2020 $985 $19,120 $1,120 $18,000
2019 $1,000 $19,120 $1,120 $18,000
2018 $985 $19,120 $1,120 $18,000
2017 $985 $0 $0 $0
2016 $892 $0 $0 $0
2015 $892 $0 $0 $0
2014 $892 $17,320 $1,120 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Alabama Multiple Listing Service

MLS Number: 142844

West Alabama Multiple Listing Service

APN: 31-07-26-3-011-016.000