$109,900
SOLD AUG 4, 2020

2628 5th Way NW Center Point, AL 35215

3 Beds
2 Baths
1,366 Sq Ft
0.41 Acres

Recently Sold

$80 Per Sq Ft

2% Below List Price

Highlights

  • Den
  • 1-Story Property
  • Carpet
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2020

Fully rehabbed and rented investment property ready to cash flow for a new Investor!

Last Agent to Sell the Property

Stephanie Bethea

1st Choice Properties LLC Listed on: 06/03/2020

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1959

Lot Details

  • 0.41 Acre Lot

Parking

  • Driveway

Interior Spaces

  • 1-Story Property
  • Den
  • Carpet

Kitchen

  • Electric Oven
  • Laminate Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1300124005011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1366
  • Legal Description: Lot 35 Hilldale 2Nd Sector 54/78
  • List Price per Sq Ft: 81.92
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1959
  • Price Per Sq Ft: 80.45
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Floors: Carpet
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Bedroom1|Bedroom1|Bedroom1|Kitchen1|Den1|FullBath1|FullBath1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Den/Family, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Unfinished Basement Sq Ft: 442
  • Main Level Sq Ft: 1366

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1366

Schools

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

Lot Info

  • Assessor Parcel Number: 1300124005011000
  • Number Acres: 0.41

Tax Info

  • Tax District: CENTER POINT
  • Annual Tax: 1141

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 Type Sale Price Title Company
Warranty Deed $119,900 --
Deed $109,900 --
Warranty Deed $50,000 --
Warranty Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,920 New Conventional
Previous Owner $87,920 No Value Available
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: 885023

Greater Alabama MLS

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