NOT LISTED FOR SALE

Estimated Value: $558,600

Studio
1 Bath
-- Sq Ft
9,801 Sq Ft Lot Lot

Sale Details

Date Sold: September 21, 2022

Last sale price $305,000

Est. 83% increase in value since last sale

Current estimated payment $3,227 / mo

116 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Air
  • No HOA

About This Home

As of September 2022

A NICE Multi-family situated just off Zelda Rd near I-85 and Ann St! This former Dance Studio has been remodeled into 5 studio apartments - 100% Leased and Cash Flowing! New EVERYTHING! Kitchen appliances, cabinets and countertops, tile bathrooms and showers, resurfaced hardwood floors, Mini-Split AC Systems, Common Laundry Area and Common Lobby Area. You could house hack with this property by living in one and renting the others! Great location & beautiful upgrades! Tour this one soon and get ready to own a great investment property with unlimited potential and upside!

Last Agent to Sell the Property

Jamie Thompson

EXIT Garth Realty License #0085892 Listed on: 05/23/2022

Last Buyer's Agent

Jamie Thompson

EXIT Garth Realty License #0085892 Listed on: 05/23/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 9,801

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tenant pays for electric, water/sewer
  • The owner pays for insurance, pest control, taxes
  • Assessor Parcel Number 03-10-05-16-03-012-001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

9,801 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Design: 2 Story
  • Year Built: 1935
  • New Construction: No
  • Information: Brochure Available
  • Unit Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Eat-In Kitchen
  • Flooring: Wood

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Pool: No

Utilities

  • Cooling: Central Electric
  • Electric Authority: Alabama Power
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Electric Power
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 03-10-05-16-03-012-001000

Rental Info

  • Owner Pay: Insurance, Pest Control, Taxes
  • Monthly Lease: 2850.00
  • Tenant Pay: Electric, Water/Sewer
  • Term Lease: 6-Monthy

Multi Family

  • Total Units: 5
  • Unit Count: 5

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

Closed on
Dec 12, 2023
Sold by
Bought by
Current Estimated Value
$558,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$295,263
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2022
Closed on
Sep 19, 2022
Sold by
Bought by
Seller's Agent
Jamie Thompson
EXIT Garth Realty
Buyer's Agent
Jamie Thompson
EXIT Garth Realty
List Price
$450,000
Sold Price
$305,000
Premium/Discount to List
-$145,000
-32.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2020
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
$200,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$277,500 None Listed On Document
$277,500 None Listed On Document
$305,000 None Listed On Document
$305,000 None Listed On Document
$100,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $300,000
Closed $300,000
Previous Owner $195,000
Previous Owner $200,000
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
09/21/2022 09/21/22 Sold $305,000 -12.9% --
09/16/2022 09/16/22 Pending -- -- --
08/28/2022 08/28/22 Price Changed $350,000 -18.6% --
06/17/2022 06/17/22 Price Changed $430,000 -4.4% --
05/23/2022 05/23/22 For Sale $450,000 -- --
Source: Montgomery Area Association of REALTORS®

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 $2,577 $28,200 $3,920 $24,280
2024 $1,384 $28,200 $3,920 $24,280
2023 $1,384 $28,200 $3,920 $24,280
2022 $629 $17,220 $3,920 $13,300
2021 $1,047 $28,680 $0 $0
2020 $1,047 $30,800 $3,920 $26,880
2019 $1,047 $30,800 $3,920 $26,880
2018 $1,047 $28,680 $0 $0
2017 $758 $20,780 $3,920 $16,860
2014 -- $22,740 $5,880 $16,860
2013 -- $21,120 $5,880 $15,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 517309

Montgomery Area Association of REALTORS®

APN: 10-05-16-3-012-001.000

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