J
Seller's Agent in 2022
Jamie Thompson
EXIT Garth Realty
2 in this area
23 Total Sales
2620 E 3rd St Montgomery, AL 36107
Forest Park NeighborhoodEstimated Value: $558,600
Studio
1
Bath
--
Sq Ft
9,801
Sq Ft Lot Lot
Highlights
- Wood Flooring
- Eat-In Kitchen
- Central Air
- No HOA
About This Home
As of September 2022A 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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2023
Sold by
Tab Partners Llc
Bought by
Progressive Real Estate Llc
Current Estimated Value
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
B & E Estate Group Llc
Bought by
Tab Partners Llc
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
Rauch Tammy and Grubbs Tammy
Bought by
B & E Real Estate Group Llc
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Progressive Real Estate Llc | $277,500 | None Listed On Document | |
| Progressive Real Estate Llc | $277,500 | None Listed On Document | |
| Tab Partners Llc | $305,000 | None Listed On Document | |
| Tab Partners Llc | $305,000 | None Listed On Document | |
| B & E Real Estate Group Llc | $100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Progressive Real Estate Llc | $300,000 | |
| Closed | Progressive Real Estate Llc | $300,000 | |
| Previous Owner | Tab Partners Llc | $195,000 | |
| Previous Owner | B & E Real Estate Group Llc | $200,000 |
Source: Public Records
Property History
| 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
| 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
-
Jamie Thompson
Map
Source: Montgomery Area Association of REALTORS®
MLS Number: 517309
APN: 10-05-16-3-012-001.000
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Information is deemed reliable, but not guaranteed. Listing Information Copyright 2026 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
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