NOT LISTED FOR SALE

2628 5th Way NW Center Point, AL 35215

Estimated Value: $144,016 - $164,000

3 Beds
2 Baths
1,675 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $109,900 $66 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $943/month

Highlights

  • Mature Trees
  • Laundry Room
  • 1-Story Property
  • Utility Room in Garage
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2022

**RECENTLY UPDATED** | **NO DEPOSIT OPTION** This traditional brick home has 3 bedrooms and 2 baths. It has recently been updated and features:   * Eat-In Kitchen   * Wooded Front Yard   * Sunny Back Yard   * Large, Unfinished Basement * Two Driveways Less than ONE mile to schools with easy access to shops, Pinson Valley Parkway and I-59. (Tenant to verify schools.) A NO DEPOSIT option is offered through Rhino, which is a way to pay your deposit over time instead of in one lump sum. For more information about this service, please contact our leasing agents. For more information, please call today! [Si, hablamos Espaniol.] NOTE: Some items in photos may be updated.

Last Agent to Rent the Property

Jennifer Brown

1st Choice Properties LLC Listed on: 09/26/2022

Last Renter's Agent

Jennifer Brown

1st Choice Properties LLC Listed on: 09/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1959

Lot Details

  • 0.41 Acre Lot
  • Mature Trees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,675 Sq Ft Home
  • 1-Story Property
  • Utility Room in Garage
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Center Point Elementary School
  • Erwin Middle School
  • Center Point High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Security Deposit $1,150
  • Tenant pays for all utilities
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 1150
  • Tenant Pays: All Utilities
  • Rental Price: 1150

Listing Details

  • Class: RENTAL
  • Down Payment Assistance: No
  • List Price per Sq Ft: 0.69
  • Property Type: Single Family
  • Year Built: 1959
  • Price Per Sq Ft: 0.69
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Design: 1 Story
  • Interior Amenities: Dryer Connection, Smoke/Fire Alarm, Washer Connection
  • Floors: Carpet, Hard Tile, Vinyl/Linoleum
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom Features: Separate Shower, Tub/Shower Combo
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Utilities in Garage

Exterior Features

  • Construction: Brick (CONST)
  • Exterior Features: Mature Trees
  • Foundation: Basement (FNDTN)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central Electric
  • Cooling: Central-Electric
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1675

Fee Information

  • Pet Fee Amount: 250

Schools

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

Lot Info

  • Number Acres: 0.41

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Fermin Melvin
Bought by
2017 Abel Family Trust
Current Estimated Value
$154,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Outstanding Balance
$89,921
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$54,042

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 4, 2020
Sold by
Alliance Wealth Builders Inc
Bought by
Melvin Fermin
Seller's Agent
Stephanie Bethea
1st Choice Properties LLC
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$111,900
Sold Price
$109,900
Premium/Discount to List
-$2,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$87,920
Interest Rate
3.1%

Purchase Details

Closed on
Apr 6, 2020
Sold by
Baltic Avenue Partners Llc
Bought by
Alliance Wealth Builders Inc

Purchase Details

Closed on
Mar 27, 2020
Sold by
Ward Margaret
Bought by
Baltic Avenue Partners Llc
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
2017 Abel Family Trust $119,900 --
Melvin Fermin $109,900 --
Alliance Wealth Builders Inc $50,000 --
Baltic Avenue Partners Llc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 Abel Family Trust $95,920
Previous Owner Melvin Fermin $87,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Rented $1,150 0.0% --
09/26/2022 09/26/22 For Rent $1,150 0.0% --
08/04/2020 08/04/20 Sold $109,900 -1.8% $80 / Sq Ft
06/03/2020 06/03/20 For Sale $111,900 -- $82 / 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 $1,511 $28,920 -- --
2022 $1,346 $24,420 $2,300 $22,120
2021 $1,316 $23,880 $2,300 $21,580
2020 $1,126 $20,440 $2,300 $18,140
2019 $1,126 $20,440 $0 $0
2018 $1,003 $18,200 $0 $0
2017 $1,003 $18,200 $0 $0
2016 $912 $18,200 $0 $0
2015 $912 $18,200 $0 $0
2014 $896 $16,960 $0 $0
2013 $896 $17,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1334874

Greater Alabama MLS

APN: 13-00-12-4-005-011.000