NOT LISTED FOR SALE

3125 Monroe Ave Birmingham, AL 35224

Sherman Heights Neighborhood

Estimated Value: $104,000 - $146,000

3 Beds
2 Baths
825 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $102,500 $124 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $741/month

About This Home

As of October 2020

Check out this property located in Birmingham with 3 beds, 2 bath, newly renovated granite counters, luxury flooring and a sunroom!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Oct 21, 2020
Sold by
Spartan Invest Llc
Bought by
Bangad Nikhil and Binani Mitali
Seller's Agent
Stephanie Devine
Atlas Rental Property
Buyer's Agent
Stephanie Devine
Atlas Rental Property
Sold Price
$935
Current Estimated Value
$117,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,720
Avg. Annual Appreciation
3.04%
Original Mortgage
$76,875
Outstanding Balance
$69,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$48,471

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 4, 2020
Sold by
Wehby Mike
Bought by
Spartan Invest Llc
Seller's Agent
Stephanie Devine
Atlas Rental Property
Buyer's Agent
Lindsay Davis
Spartan Realty LLC
List Price
$102,500
Sold Price
$102,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,875
Outstanding Balance
$69,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$48,471

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 7, 2020
Sold by
Blackburn Deborah W
Bought by
Wehby Mike
Seller's Agent
Linda Holcombe
Keller Williams Metro North
Buyer's Agent
Lanna Hickman
EXIT Justice Realty - Gardenda
List Price
$74,999
Sold Price
$55,000
Premium/Discount to List
-$19,999
-26.67%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Michelle Davis Davis Gregory Dewayne and Michelle Jacelyn
Bought by
Blackburn Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,970
Interest Rate
7.55%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Bangad Nikhil $102,500 --
Spartan Invest Llc $72,000 --
Wehby Mike $55,000 --
Blackburn Deborah W $48,500 Jefferson Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bangad Nikhil $76,875
Previous Owner Blackburn Deborah W $30,000
Previous Owner Blackburn Deborah W $30,000
Previous Owner Blackburn Deborah W $15,000
Previous Owner Blackburn Deborah W $55,000
Previous Owner Blackburn Deborah W $48,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2020 11/08/20 Rented $935 0.0% --
10/22/2020 10/22/20 Sold $102,500 0.0% $124 / Sq Ft
10/21/2020 10/21/20 For Rent $935 0.0% --
09/20/2020 09/20/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $102,500 +86.4% $124 / Sq Ft
08/11/2020 08/11/20 Sold $55,000 -26.7% $67 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $74,999 -- $91 / Sq Ft

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 $1,001 $19,980 -- --
2022 $725 $14,480 $2,600 $11,880
2021 $725 $14,480 $2,600 $11,880
2020 $262 $6,610 $1,300 $5,310
2019 $279 $6,620 $0 $0
2018 $201 $5,060 $0 $0
2017 $181 $4,680 $0 $0
2016 $201 $5,060 $0 $0
2015 $201 $5,060 $0 $0
2014 $202 $4,980 $0 $0
2013 $202 $4,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Devine

    Seller's Agent in 2020

    Stephanie Devine

    Atlas Rental Property

    Section Image
  • Linda Holcombe

    Seller's Agent in 2020

    Linda Holcombe

    Keller Williams Metro North

    (205) 902-3409

    21 in this area

    57 Total Sales

    Linda Holcombe
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Lindsay Davis

    Spartan Realty LLC

    (205) 410-8785

    17 in this area

    663 Total Sales

    Lindsay Davis
    Section Image

  • L

    Buyer's Agent in 2020

    Lanna Hickman

    EXIT Justice Realty - Gardenda

    (205) 567-1400

    4 in this area

    151 Total Sales

    Lanna Hickman
    Section Image
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Map

Alabama Jefferson County Birmingham 35224 Sherman Heights

3125 Monroe Ave, Birmingham, AL

Homes for Sale in Birmingham, AL

This home is located at 3125 Monroe Ave, Birmingham, AL 35224 and is currently estimated at $117,655, approximately $142 per square foot. 3125 Monroe Ave is a home located in Jefferson County with nearby schools including Minor Community School, Minor Middle School, and Minor High School.

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.

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