NOT LISTED FOR SALE

2625 5th St NE Center Point, AL 35215

Estimated Value: $89,000 - $131,502

3 Beds
1 Bath
1,193 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $50,000 $42 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $734/month

Highlights

  • Wood Flooring
  • Four Sided Brick Exterior Elevation
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2020

Full BRICK beauty waiting to be yours. This is a ripe opportunity for an investor to add to their portfolio. A 30 year roof replacement was done in 2008 and within the same year plumbing and electrical was updated. This home needs a bright makeover but a fantastic chance to opt in to the 1% rule with rents in the area. Great neighborhood! Great lot! Great home!

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #88060 Listed on: 03/13/2020

Last Buyer's Agent

Todd Conn

EXIT Realty Sweet HOMElife

EXIT Realty Sweet HOMElife

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.45 Acre Lot

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Wood Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12-00-08-3-005-008.000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1193
  • Legal Description: LOT 10 BLK 2 CENTER CREST 45/27
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 58.59
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1958
  • Price Per Sq Ft: 41.91
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Floors: Hardwood
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|Bedroom1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Laminate
  • Main Level Sq Ft: 1192
  • Upper Level Sq Ft: 1

Exterior Features

  • Construction: 4 Sides Brick
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1193

Schools

  • Elementary School: CENTER POINT
  • Middle School: ERWIN
  • High School: ERWIN

Lot Info

  • Assessor Parcel Number: 12-00-08-3-005-008.000
  • Number Acres: 0.45

Tax Info

  • Tax Database Id: 1
  • Tax District: CENTER POINT
  • Annual Tax: 977
  • Assessor Parcel Number: 01073-12-00-08-3-005-008.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 14, 2020
Sold by
Lb Thompson Grp Llc
Bought by
Sanchez Hector Vanegas
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Todd Conn
EXIT Realty Sweet HOMElife
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Current Estimated Value
$119,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,126
Avg. Annual Appreciation
18.76%
Original Mortgage
$57,900
Outstanding Balance
$41,947
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$84,797
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Hector Vanegas $69,900 --
Lb Thompson Grp Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lb Thompson Grp Llc $57,900
Closed Sanchez Hector Vanegas $57,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $50,000 -28.5% $42 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $69,900 -- $59 / 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 $1,080 $19,600 -- --
2022 $882 $16,000 $3,340 $12,660
2021 $734 $13,320 $3,340 $9,980
2020 $977 $17,740 $3,340 $14,400
2019 $977 $17,740 $0 $0
2018 $832 $15,100 $0 $0
2017 $832 $15,100 $0 $0
2016 $772 $15,100 $0 $0
2015 -- $16,600 $0 $0
2014 $932 $16,360 $0 $0
2013 $932 $16,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 877524

Greater Alabama MLS

APN: 12-00-08-3-005-008.000