NOT LISTED FOR SALE

2811 Fairground Rd Montgomery, AL 36107

Estimated Value: $54,460 - $69,000

3 Beds
2 Baths
1,040 Sq Ft
$57/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $42,000 $40 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $350/month

30 Days on Market

Highlights

  • Mature Trees
  • Patio
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2021

INVESTOR'S OPPORTUNITY. COMPLETE RENTAL PORTFOLIO OF 4 HOUSES FOR SALE AS IS WHERE IS OR CAN BE SOLD INDIVIDUALLY:

378 Shelly Ln., Montgomery, AL, 4 BR/1 BA, rented for $ 555;
2811 Fairground Rd., Montgomery, AL, rented for $ 630;
322 Gardendale Dr., Montgomery, AL, vacant;
1620 Crouson St., Montgomery, AL, vacant;

Tenant occupied property can be shown if under contract only or with more than 48 notice to minimize tenant disruption.

Last Agent to Sell the Property

Viridiana Sayegh

Morris V.I.P. Realty License #0107830 Listed on: 05/06/2021

Co-Listed By

Janice Morris

Morris V.I.P. Realty License #0011626

Last Buyer's Agent

Amylynne Blake

Wallace & Moody Realty License #0107101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $447

Year Built

  • Built in 1978

Lot Details

  • 0.27 Acre Lot
  • Property is Fully Fenced
  • Mature Trees

Parking

  • 2 Driveway Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Highland Gardens Elementary School
  • Capitol Heights Middle School
  • Lee 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 10-03-05-1-008-001.005

Home Details

Home Type

Single Family

Est. Annual Taxes

$447

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 1040
  • Year Built: 1978
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Carpet - Wall to Wall, Hard Tile, Vinyl/Linoleum
  • Interior Amenities: Dryer Connection, Washer Connection
  • Kitchen Feature: Range Gas

Exterior Features

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

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Gas
  • Electric Authority: Alabama Power
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Electric Power, Natural Gas
  • Utilities On-site: Electric, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Highland Gardens Elementary School
  • Middle School: Capitol Heights Middle School
  • High School: Lee High School

Lot Info

  • Acres: 0.270000
  • Parcel Number: 10-03-05-1-008-001.005
  • Lot Dimension: 65 X 180.61 IRR

Rental Info

  • Lease Expiration Date: 2022-02-01
  • Leased: Yes

MLS Schools

  • School Elementary: Highland Gardens Elementary School
  • School High: Lee High School
  • School Middle: Capitol Heights Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 3, 2021
Sold by
Powers Kenneth J
Bought by
Davies Colin
Seller's Agent
Viridiana Sayegh
Morris V.I.P. Realty
Buyer's Agent
Amylynne Blake
Wallace & Moody Realty
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%
Current Estimated Value
$59,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,615
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Eidson Greg
Bought by
Powers Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Davies Colin -- None Available
Powers Kenneth J $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powers Kenneth J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $42,000 -14.3% $40 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $49,000 -10.9% $47 / Sq Ft
06/10/2021 06/10/21 For Sale $55,000 +31.0% $53 / Sq Ft
06/08/2021 06/08/21 Off Market $42,000 -- --
06/04/2021 06/04/21 For Sale $55,000 +31.0% $53 / Sq Ft
05/06/2021 05/06/21 Off Market $42,000 -- --
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
2025 $447 $9,100 $1,500 $7,600
2024 $441 $8,980 $1,500 $7,480
2023 $441 $8,260 $1,500 $6,760
2022 $294 $8,060 $1,500 $6,560
2021 $180 $4,920 $1,500 $3,420
2020 $180 $4,920 $1,500 $3,420
2019 $191 $5,220 $1,500 $3,720
2018 $192 $5,260 $0 $0
2017 $298 $8,160 $1,500 $6,660
2014 $341 $9,340 $1,500 $7,840
2013 -- $8,780 $1,500 $7,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 494072

Montgomery Area Association of REALTORS®

APN: 10-03-05-1-008-001.005