NOT LISTED FOR SALE

2745 Colonial Dr Montgomery, AL 36111

Estimated Value: $143,000 - $225,664

4 Beds
2 Baths
2,893 Sq Ft
$60/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $44,500 $15 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $1,085/month

213 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Patio
  • Wood Flooring
  • Breakfast Bar
  • 1-Story Property

About This Home

As of January 2019

Great investment opportunity in Gay Meadows! 4 bed, 2 bath home with original hardwood and brick flooring, galley kitchen, living room, den, formal dining, and a sun room. All this home needs is a little love to bring it back to its original charm or make a great rental.

Last Agent to Sell the Property

Garrett Smith

Partners Realty License #0106349 Listed on: 06/22/2018

Last Buyer's Agent

Tamara Hockenhull

Gloria Frazier & Co. Realty License #0109787

Gloria Frazier & Co. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 146x210
  • Property is Fully Fenced
  • Mature Trees

Parking

  • 1 Driveway Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,893 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Linen Closet In Bathroom

Outdoor Features

  • Patio

Schools

  • Dannelly Elementary School
  • Floyd Middle School
  • Jefferson Davis High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-08-28-3-005-005.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 2893
  • Year Built: 1955
  • New Construction: No
  • Existing Termite Bond: NO
  • Special Features: None

Interior Features

  • Bathroom Feature: LinenCloset/ClothesHamper
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: 1
  • Flooring: Brick, Carpet - Wall to Wall, Hard Tile, Wood
  • Interior Amenities: Blinds/Mini Blinds, Dryer Connection, Washer Connection, Window Treatments All Remain
  • Kitchen Feature: Breakfast Bar, Cooktop/Oven-Elec, Dishwasher, Disposal, Icemaker Connect For Fridge
  • Room Count: 1

Exterior Features

  • Construction: Brick
  • Exterior Feature: Fence-Full, Mature Trees, Patio
  • Flood: Unknown
  • Foundation: Slab
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Ceiling Paddle Fan(s), Central Electric
  • Electric Authority: Alabama Power
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Electric Power, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Dannelly Elementary School
  • Middle School: Floyd Middle School
  • High School: Jefferson Davis High School

Lot Info

  • Parcel Number: 10-08-28-3-005-005.000
  • Lot Dimension: 146X210

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Dannelly Elementary School
  • School High: Jefferson Davis High School
  • School Middle: Floyd Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2019
Sold by
Welath Builders Investments Group Llc
Bought by
Opel Michael and Opel Kim
Current Estimated Value
$174,416

Purchase Details

Closed on
May 6, 2019
Sold by
Group Cap Construction Llc
Bought by
Wealth Builders Investment Group Llc

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jan 24, 2019
Sold by
Bond David Farrar and Bond Juli Anne
Bought by
Group Cap Constructin Llc
Seller's Agent
Garrett Smith
Partners Realty
Buyer's Agent
Tamara Hockenhull
Gloria Frazier & Co. Realty
List Price
$59,000
Sold Price
$44,500
Premium/Discount to List
-$14,500
-24.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.82%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Wilbanks Patrick W
Bought by
Farrar David and Bond Julie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.99%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Beasley Jere L and Beasley Sara B
Bought by
Wilbanks Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Opel Michael $98,000 None Available
Wealth Builders Investment Group Llc $130,000 None Available
Group Cap Constructin Llc $44,500 None Available
Farrar David -- --
Wilbanks Patrick W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bond David Farrar $21,400
Previous Owner Bond David Farrar $105,500
Previous Owner Farrar David $104,500
Previous Owner Wilbanks Patrick W $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $44,500 -24.6% $15 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
06/22/2018 06/22/18 For Sale $59,000 -- $20 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $1,876 $19,190 $1,750 $17,440
2023 $1,876 $15,990 $1,750 $14,240
2022 $994 $27,240 $3,500 $23,740
2021 $880 $24,120 $3,400 $20,720
2020 $866 $23,720 $3,400 $20,320
2019 $419 $25,200 $3,400 $21,800
2018 $475 $12,990 $1,750 $11,240
2017 $398 $24,000 $3,500 $20,500
2014 $430 $12,890 $1,750 $11,140
2013 -- $12,870 $1,750 $11,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 436156

Montgomery Area Association of REALTORS®

APN: 10-08-28-3-005-005.000