NOT LISTED FOR SALE

Estimated Value: $91,661 - $116,000

-- Bed
1 Bath
-- Sq Ft
0.25 Acres

Last Sold June 07, 2021

Last sale price $85,000

Est. 24% increase in value since last sale

Current estimated payment $634/month

31 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Multiple cooling system units
  • No HOA
  • 1-Story Property
  • 4-minute walk to Vickers Park

About This Home

As of June 2021

This duplex unit is a great investment opportunity which has produced duel income streams for the owner for the last 10 years. This home is AS-IS Where-IS. The owner of the property does not know conditions of home, improvements and/or systems. Offers from Investors/Non Owner Occupants will only be accepted/presented after 7 days on market. Verification of funds/approval letter required to present offer to Seller 3) All offers subject to financing must be accompanied by a pre-approval letter from a lender acceptable to seller. Please call for any questions and to set up an appointment to view this unit.

Last Agent to Sell the Property

Lisa Knapp

Intervest Realty Group License #0079052 Listed on: 04/23/2021

Last Buyer's Agent

Kathy Andrews

Century 21 Prestige License #0104239

Century 21 Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 1938

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Family or Dining Combination
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Central Heating
  • Space Heater
  • Wall Furnace
  • Gas Water Heater
  • Municipal Trash
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03-10-03-08--03-014-00500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$989

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • Year Built: 1938
  • New Construction: No
  • Unit Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Great Room/Dining Combo
  • Flooring: Carpet - Wall to Wall, Hard Tile, Vinyl/Linoleum, Wood
  • Kitchen Feature: Range Gas, Refrigerator

Exterior Features

  • Construction: Brick
  • Driveway: Concrete
  • Foundation: Conventional
  • Pool: No

Garage/Parking

  • Number Of Garage Spaces: 1.00
  • Number Of Pad Spaces: 3.00
  • Parking: Driveway, Garage Detached

Utilities

  • Cooling: 2 or More Units, Window Units
  • Electric Authority: Alabama Power
  • Heating: Central Gas, Space Heater, Wall Furnace
  • Sewer: Community Sewer
  • Trash Services: City
  • Utilities: Cable TV Available, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: 2 or More Units, Gas

Association/Amenities

  • Amenities: Washer/Dryer Connection

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 03-10-03-08--03-014-00500

Rental Info

  • Tenant Pay: All Utilities
  • Term Possible: Cash, Conventional

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 7, 2021
Sold by
Dillon Darren
Bought by
J & B Rentals Llc
Seller's Agent
Lisa Knapp
Intervest Realty Group
Buyer's Agent
Kathy Andrews
Century 21 Prestige
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$105,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,511
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Oct 18, 2004
Sold by
Babington Richard M
Bought by
Schlegel Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,625
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
J & B Rentals Llc $85,000 None Available
Schlegel Ronald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlegel Ronald C $77,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $85,000 -5.6% --
05/24/2021 05/24/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $90,000 -- --
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 $989 $20,180 $1,600 $18,580
2024 $982 $20,040 $1,600 $18,440
2023 $982 $19,000 $1,600 $17,400
2022 $648 $17,760 $1,600 $16,160
2021 $520 $14,260 $0 $0
2020 $520 $18,280 $1,600 $16,680
2019 $520 $14,520 $1,600 $12,920
2018 $520 $14,260 $0 $0
2017 $520 $15,940 $2,400 $13,540
2014 $520 $15,948 $2,400 $13,548
2013 -- $14,640 $2,400 $12,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 492502

Montgomery Area Association of REALTORS®

APN: 10-03-08-3-014-005.001