NOT LISTED FOR SALE

2704 38th Ave N Birmingham, AL 35207

North Birmingham Neighborhood

Estimated Value: $97,000 - $231,000

6 Beds
3 Baths
3,083 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $25,000 $8 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $978/month

209 Days on Market

Highlights

  • Storage
  • Wall to Wall Carpet
  • 4-minute walk to North Birmingham Park

About This Home

As of August 2017

VETERANS WANTED - live in and earn income - 3-unit townhouses in great serene location near large well-maintained park with tennis courts, large beautiful homes in stable neighborhood, on the bus line, and near restaurants 1 unit is occupied, refrigerator and stove included, a few repairs needed; new roof, one unit presently rented for $600/mo.

Last Agent to Sell the Property

Cynthia Marzette

Marzette Realty, LLC Listed on: 10/18/2016

Last Buyer's Agent

Cynthia Marzette

Marzette Realty, LLC Listed on: 10/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $477

Year Built

  • 1988

Lot Details

  • 7,100

Home Design

  • Triplex
  • Brick Frame

Interior Spaces

  • Storage
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $500
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$477

Year Built

1988

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Triplex
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: Storage

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit

Utilities

  • Heating: Gas Heat, Individual Units (HEAT)
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: NORTH BIRMINGHAM
  • Middle School: HUDSON
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 22-00-14-1-012-002.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 500
  • Gross Income: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Miller Tracy
Bought by
Top Rental Homes Llc
Current Estimated Value
$169,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$128,940
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$20,304

Purchase Details

Listed on
Oct 18, 2016
Closed on
Aug 31, 2017
Sold by
Majela Walker
Bought by
Miller Tracy
Seller's Agent
Cynthia Marzette
Marzette Realty, LLC
Buyer's Agent
Cynthia Marzette
Marzette Realty, LLC
List Price
$90,000
Sold Price
$25,000
Premium/Discount to List
-$65,000
-72.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.45%

Purchase Details

Closed on
Sep 2, 1998
Sold by
Bryant Jestine
Bought by
Graham Erick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Top Rental Homes Llc -- --
Miller Tracy $25,000 --
Graham Erick D $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Rental Homes Llc $140,000
Previous Owner Miller Tracy $80,080
Previous Owner Graham Erick D $37,100
Previous Owner Graham Erick D $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $25,000 -66.7% $8 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $75,000 -16.7% $24 / Sq Ft
10/18/2016 10/18/16 For Sale $90,000 -- $29 / 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 $477 $6,580 -- --
2022 $392 $5,400 $1,420 $3,980
2021 $373 $5,140 $1,420 $3,720
2020 $373 $5,140 $1,420 $3,720
2019 $373 $5,140 $0 $0
2018 $325 $31,520 $0 $0
2017 $757 $10,440 $0 $0
2016 $757 $10,440 $0 $0
2015 $757 $10,440 $0 $0
2014 $713 $10,260 $0 $0
2013 $713 $10,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Marzette

    Seller's Agent in 2017

    Cynthia Marzette

    Marzette Realty, LLC

    (205) 910-7149

    12 Total Sales

    Cynthia Marzette
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Map

Source: Greater Alabama MLS

MLS Number: 765176

Greater Alabama MLS

APN: 22-00-14-1-012-002.000

Alabama Jefferson County Birmingham 35207 North Birmingham

2704 38th Ave N, Birmingham, AL

This home is located at 2704 38th Ave N, Birmingham, AL 35207 since 18 October 2016 and is currently estimated at $169,945, approximately $55 per square foot. This property was built in 1988. 2704 38th Ave N is a home located in Jefferson County with nearby schools including Malachi Wilkerson Middle School and George W. Carver High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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