J
Seller's Agent in 2018
Jared Flake
Crest Valuation Realty, Inc.
(205) 223-4202
7 Total Sales
2803 2nd St Rainbow City, AL 35906
56
Beds
56
Baths
28,532
Sq Ft
1980
Built
Highlights
- Central Heating and Cooling System
- John S. Jones Elementary School Rated A-
- Wall to Wall Carpet
About This Home
As of June 201828 units in 7 low buildings just down the street from Gadsden Country Club. New roof on all units in 2016 and a low maintenance vinyl siding exterior. All units are 2 story units with Living Room, Kitchen, 1/2 bath & washer/dryer connections on main level and 2 bedrooms and one bath on the 2nd level.
Last Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,608
Year Built
- Built in 1980
Home Design
- Slab Foundation
- Siding
Flooring
- Wall to Wall Carpet
- Laminate
Basement
- Crawl Space
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable/tv connect (tenant), electric (tenant), gas (tenant), hot water (tenant)
- The owner pays for trash collection (owner), water/sewer (owner)
Community Details
Overview
- 28 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $62,700
- Gross Income $163,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2018
Closed on
May 31, 2018
Sold by
Bought by
Seller's Agent
Jared Flake
Crest Valuation Realty, Inc.
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$1,125,000
Sold Price
$970,000
Premium/Discount to List
-$155,000
-13.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 22, 2015
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0389%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $970,000 | None Available | ||
| $760,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $735,000 | ||
| Closed | $51,565 | ||
| Closed | $600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2018 06/01/18 | Sold | $970,000 | -13.8% | $34 / Sq Ft |
| 02/23/2018 02/23/18 | For Sale | $1,125,000 | -- | $39 / Sq Ft |
Source: Greater Alabama MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,278 | $31,180 | $3,800 | $27,380 |
| 2024 | $1,278 | $31,180 | $3,800 | $27,380 |
| 2023 | $1,278 | $37,740 | $3,800 | $33,940 |
| 2022 | $1,278 | $31,180 | $0 | $0 |
| 2021 | $1,028 | $25,080 | $3,800 | $21,280 |
| 2020 | $750 | $18,300 | $0 | $0 |
| 2019 | $856 | $20,880 | $0 | $0 |
| 2017 | $935 | $22,800 | $0 | $0 |
| 2016 | $935 | $22,800 | $0 | $0 |
| 2015 | $935 | $22,800 | $0 | $0 |
| 2013 | -- | $22,220 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Flake
-
M
Buyer's Agent in 2018
MLS Non-member Company
Birmingham Non-Member Office
-
J
Buyer's Agent in 2018
Jessica Wilkins
NOT A VALID MEMBER
Map
Source: Greater Alabama MLS
MLS Number: 807943
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.
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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