3079 Mulga Loop Rd Birmingham, AL 35224
Sherman Heights NeighborhoodEstimated Value: $94,000 - $182,000
3
Beds
3
Baths
1,627
Sq Ft
$79/Sq Ft
Est. Value
Highlights
- Attic
- Covered patio or porch
- Home Security System
- Corner Lot
- 1 Car Attached Garage
- Laundry Room
About This Home
As of May 2024**INVESTOR ALERT** Welcome to your next investment opportunity in Birmingham's vibrant Mulga community. This charming 3-bed, 2-bath home is calling out to savvy investors seeking a property with great rental potential. The well-laid-out floor plan creates a comfortable and inviting atmosphere. The finished basement is a perfect flex space and can be expanded for an additional living space, catering to your specific needs. The front porch greets you with wall-to-wall windows, flooding the space with natural light! This property presents a blank canvas for renovation enthusiasts. With a keen eye for aesthetics and a willingness to invest in cosmetic improvements, you can unleash the full potential of this home and make it shine. The current market value has been taken into consideration, along along with any necessary repairs, ensuring an attractive investment opportunity. Don't miss out on this investor's dream in Birmingham's Mulga area. Home is being sold AS-IS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $470
Year Built
- Built in 1957
Lot Details
- 0.43 Acre Lot
- Corner Lot
Parking
- 1 Car Attached Garage
- Basement Garage
- Side Facing Garage
- Driveway
- On-Street Parking
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Smooth Ceilings
- Window Treatments
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Electric Oven
- Electric Cooktop
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub and Shower Combination in Primary Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Basement
- Partial Basement
- Laundry in Basement
- Stubbed For A Bathroom
- Natural lighting in basement
Outdoor Features
- Covered patio or porch
Schools
- Minor Elementary School
- Minor Junior Middle School
- Minor High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- $13 Other Monthly Fees
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 21-00-22-4-009-006.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2024
Sold by
Spartan Invest Llc
Bought by
Goldstein Evan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Outstanding Balance
$138,767
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$14,554
Purchase Details
Listed on
Feb 23, 2024
Closed on
May 31, 2024
Sold by
Wehby Investment Properties Llc
Bought by
Spartan Invest Llc
Seller's Agent
Julie McDonnell
Keller Williams Metro South
Buyer's Agent
Marsha Gorman
Kelly Right Real Estate of Ala
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Views
390
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.89%
Original Mortgage
$72,750
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 23, 2024
Closed on
May 8, 2024
Sold by
Wolfe Sandra J
Bought by
Wehby Investment Properties Llc
Seller's Agent
Julie McDonnell
Keller Williams Metro South
Buyer's Agent
Marsha Gorman
Kelly Right Real Estate of Ala
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Views
390
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2024
Sold by
Mclsaac Sheila
Bought by
Wolfe Sandra J
Purchase Details
Closed on
Jan 11, 2024
Sold by
Mclsaac Sheila
Bought by
Wolfe Sandra J
Purchase Details
Closed on
Feb 25, 2009
Sold by
Fannie Mae
Bought by
Home Source Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2004
Sold by
Eastis William J and Eastis Katherine L
Bought by
Rivera Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 24, 1998
Sold by
Chase Mtg Services Inc
Bought by
Va
Purchase Details
Closed on
Mar 23, 1998
Sold by
Dill Marshall J and Dill Norma R
Bought by
Chase Mtg Services Inc and Chase Manhattan Mtg Corp
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goldstein Evan | $174,500 | None Listed On Document | |
| Spartan Invest Llc | $130,000 | None Listed On Document | |
| Wehby Investment Properties Llc | -- | None Listed On Document | |
| Wolfe Sandra J | $142,700 | -- | |
| Wolfe Sandra J | $142,700 | None Listed On Document | |
| Home Source Inc | $16,000 | None Available | |
| Rivera Maria | $77,500 | -- | |
| Va | -- | -- | |
| Chase Mtg Services Inc | $51,618 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goldstein Evan | $139,600 | |
| Previous Owner | Wehby Investment Properties Llc | $72,750 | |
| Previous Owner | Homesource Inc | $18,500 | |
| Previous Owner | Rivera Maria | $15,500 | |
| Previous Owner | Rivera Maria | $62,000 | |
| Previous Owner | Eastis William J | $7,204 | |
| Previous Owner | Eastis William J | $54,436 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $85,000 | -10.4% | $52 / Sq Ft |
| 03/29/2024 03/29/24 | Price Changed | $94,900 | -5.0% | $58 / Sq Ft |
| 03/15/2024 03/15/24 | Price Changed | $99,900 | -9.1% | $61 / Sq Ft |
| 03/07/2024 03/07/24 | Price Changed | $109,900 | -4.4% | $68 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $115,000 | -- | $71 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $644 | $14,280 | -- | -- |
| 2022 | $469 | $10,410 | $1,300 | $9,110 |
| 2021 | $469 | $10,410 | $1,300 | $9,110 |
| 2020 | $688 | $10,410 | $1,300 | $9,110 |
| 2019 | $469 | $10,420 | $0 | $0 |
| 2018 | $418 | $9,400 | $0 | $0 |
| 2017 | $376 | $8,560 | $0 | $0 |
| 2016 | $418 | $9,400 | $0 | $0 |
| 2015 | $418 | $9,400 | $0 | $0 |
| 2014 | $627 | $9,240 | $0 | $0 |
| 2013 | $627 | $9,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie McDonnell
Seller's Agent in 2024
Julie McDonnell
Keller Williams Metro South
(205) 587-5853
1 in this area
73 Total Sales
-
Marsha Gorman
Buyer's Agent in 2024
Marsha Gorman
Kelly Right Real Estate of Ala
(205) 585-5585
3 in this area
62 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21376541
APN: 21-00-22-4-009-006.000
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