NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $1,762,000

12 Beds
12 Baths
5,000 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $1,050,000 $210 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,379/month

23 Days on Market

Highlights

  • Multiple cooling system units
  • Asbestos
  • Multiple Heating Units
  • Rock Quarry Elementary School Rated A-

About This Home

As of January 2017

HERE IS YOUR OPPORTUNITY TO OWN A NEWLY CONSTRUCTED TURN KEY INVESTMENT NEAR THE UNIVERSITY OF ALABAMA. #27 PARKVIEW IS A 3 STORY TRIPLEX WITH 4 BEDROOMS AND 4 BATHROOMS ON EACH FLOOR. EACH UNIT IS WONDERFULLY APPOINTED WITH GRANITE SURFACES, GE MONOGRAM STAINLESS APPLIANCES, LVP HARD SURFACE FLOORING, SECURITY AND FIRE SUPPRESSION SYSTEMS. PROPERTY ALSO AFFORDS GREAT PROXIMITY TO UA CAMPUS AND IS FULLY LEASED THROUGH JULY 2018. CONSTRUCTED IN 2016 AND SHOULD PROVIDE FOR LOW MAINTENANCE COSTS.

Last Agent to Sell the Property

Robert Shaw, CCIM

HAMNER REAL ESTATE Listed on: 11/21/2016

Last Buyer's Agent

Elizabeth Toxey

HAMNER REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Triplex
  • Metal Roof
  • Asbestos

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Schools

  • Central Elementary School
  • Northrdige Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Electric Water Heater

Community Details

  • Parkview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-06-23-4-021-014.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$605

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 60X120
  • Road Surface Type: Paved
  • Subdivision Name: Parkview
  • Directions: FROM UA CAMPUS TAKE 10TH AVENUE TO 15TH STREET. TURN LEFT. PARKVIEW IS ON THE LEFT.
  • Architectural Style: Triplex
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Triplex
  • Year Built Details: 1-5
  • Year Built: 2016
  • Property Sub Type Additional: Triplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3
  • Year Built: 2016

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: See Remarks
  • Living Area: 5000.0

Exterior Features

  • Pool Features: None
  • Construction Type: Asbestos
  • Exterior Features: Concrete Driveway
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Laundry Features: Common Area
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected

Schools

  • Elementary School: Central
  • High School: Central
  • Middle Or Junior School: Northrdige

Lot Info

  • Parcel #: 31-06-23-4-021-014.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 605.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 13, 2017
Bought by
Counton Alabama Properties Llc
Seller's Agent
Robert Shaw, CCIM
HAMNER REAL ESTATE
Buyer's Agent
Elizabeth Toxey
HAMNER REAL ESTATE
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,622,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,890
Avg. Annual Appreciation
6.05%
Original Mortgage
$840,000
Outstanding Balance
$701,367
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,040,440

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jan 7, 2016
Sold by
Tunstall Alfred Morgan Irrevocable Trust
Bought by
H & A Development Llc
Seller's Agent
Melanie Baird
H A Edwards Inc
Buyer's Agent
Melanie Baird
H A Edwards Inc
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.56%
Original Mortgage
$765,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Counton Alabama Properties Llc $1,050,000 --
Counton Alabama Properties Llc $1,050,000 --
H & A Development Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Counton Alabama Properties Llc $200,000
Open Counton Alabama Properties Llc $840,000
Closed Counton Alabama Properties Llc $840,000
Previous Owner H & A Development Llc $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $1,050,000 -4.5% $210 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $1,100,000 +249.2% $220 / Sq Ft
01/07/2016 01/07/16 Sold $315,000 +5.0% $187 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $300,000 -- $178 / Sq Ft
Source: West Alabama Multiple Listing Service

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 $6,435 $124,960 $12,060 $112,900
2023 $6,435 $127,500 $12,060 $115,440
2022 $6,627 $128,680 $12,060 $116,620
2021 $6,627 $128,680 $12,060 $116,620
2020 $5,262 $102,180 $12,060 $90,120
2019 $5,262 $102,180 $12,060 $90,120
2018 $5,262 $102,180 $12,060 $90,120
2017 $5,262 $0 $0 $0
2016 $847 $0 $0 $0
2015 $605 $0 $0 $0
2014 -- $11,740 $2,360 $9,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Alabama Multiple Listing Service

MLS Number: 108865

West Alabama Multiple Listing Service

APN: 31-06-23-4-021-014.000