NOT LISTED FOR SALE

2827 16th Place S Unit 4 & 5 Birmingham, AL 35209

Estimated Value: $806,951 - $875,000

0.3 Acre
$2,803,253 Price per Acre
13,068 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $250,500

Est. 236% increase in value since last sale

Current estimated payment $5,099/month

2 Days on Market

About This Lot

As of May 2019

Location, Location , Location. Now is your opportunity to build your dream home in Homewood. This lot is being sold with 2831 16th Place.

Last Agent to Sell the Property

Michael Thomason

ARC Realty Vestavia Listed on: 04/22/2019

ARC Realty Vestavia

Co-Listed By

Gwendolyn Reid

LAH Sotheby's International Realty Homewood

Last Buyer's Agent

Tim Sullivan

Sullivan Realty License #000034252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,692

Lot Details

  • 0.3 Acre Lot

Schools

  • Shades Cahaba Elementary School
  • Homewood Middle School
  • Homewood High School

Listing and Financial Details

  • Assessor Parcel Number 29 019.00000 12 4 014

Property Details

Property Type

Land

Est. Annual Taxes

$2,692

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: lots 4 & 5 W A Reeds Add to East Edgewood
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Electricity, Gas, Sewer, Water
  • Utilities On-site: Electricity, Gas, Sewer, Water

Schools

  • Elementary School: SHADES CAHABA
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 29 019.00000 12 4 014
  • Number Acres: 0.3
  • Zoning: residential
  • Best Use Per Zone: Residential
  • List Price per Acre: 833333.33
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 4 & 5

Tax Info

  • Tax District: Homewood
  • Annual Tax: 2692

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: SHADES CAHABA
  • High School: HOMEWOOD
  • Jr Middle School: HOMEWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Willow Homes Llc
Bought by
Mccoy Joseph and Mccoy Lori Noell
Total Days on Market
2
Current Estimated Value
$840,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$620,218
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$187,266

Purchase Details

Closed on
Aug 6, 2021
Sold by
Passive Income Spoke Llc
Bought by
Willow Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2021
Sold by
Bownes Kelly A
Bought by
Passive Income Spoke Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 30, 2019
Sold by
Byars Martha Jean
Bought by
Mason Realty Llc
Seller's Agent
Michael Thomason
ARC Realty Vestavia
Buyer's Agent
Tim Sullivan
Sullivan Realty
List Price
$250,000
Sold Price
$250,500
Premium/Discount to List
$500
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mccoy Joseph $749,175 --
Willow Homes Llc $215,000 --
Passive Income Spoke Llc $600,000 --
Mason Realty Llc $350,000 --
Bownes Kelly A $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Joseph $647,200
Previous Owner Willow Homes Llc $576,000
Previous Owner Byars Martha Jean $115,000
Previous Owner Byars Martha Jean $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $250,500 +0.2% --
04/24/2019 04/24/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $250,000 -- --
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 $5,465 $73,820 -- --
2022 $3,219 $42,920 $42,920 $0
2021 $3,263 $43,500 $43,500 $0
2020 $3,263 $43,500 $43,500 $0
2019 $2,112 $66,960 $0 $0
2018 $2,692 $36,840 $0 $0
2017 $2,302 $31,640 $0 $0
2016 $2,112 $29,100 $0 $0
2015 $2,053 $28,320 $0 $0
2014 $2,067 $28,440 $0 $0
2013 $2,067 $28,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 847445

Greater Alabama MLS

APN: 29-00-12-4-014-019.000