NOT LISTED FOR SALE

316 Franklin St Selma, AL 36703

Estimated Value: $46,000 - $80,000

3 Beds
2 Baths
1,643 Sq Ft
$39/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $26,000 $16 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $397/month

89 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Wood Siding

About This Home

As of January 2024

This property presents an excellent investment opportunity that requires some attention to unlock its full potential. It features a covered driveway leading to a storage unit, and the house is being sold AS-IS.

Last Agent to Sell the Property

Johnny Moss

Cornerstone Realty LLC. License #0143795 Listed on: 10/21/2023

Last Buyer's Agent

Monica Whiting

HER Real Estate Solutions LLC. License #0111324

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,562 Sq Ft Lot
  • Lot Dimensions are 128' x 60'

Parking

  • 3 Driveway Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Clark Elementary School
  • R.B.Hudson Middle School
  • Selma High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11-07-36-1-002-059.0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Architectural Control: No
  • Total Sq Ft: 1643
  • Year Built: 1940
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Wood

Exterior Features

  • Construction: Wood Siding
  • Exterior Feature: Patio-Covered, Porch-Covered, Storage-Detached
  • Flood: No
  • Foundation: Conventional
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Electric
  • Electric Authority: Alabama Power
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Trash Services: Private
  • Utilities: Cable TV Available, Electric Power, Natural Gas
  • Water: Public
  • Water Authority: Selma Water Works
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Clark Elementary School
  • Middle School: R.B.Hudson Middle School
  • High School: Selma High School

Lot Info

  • Acres: 0.173600
  • Parcel Number: 11-07-36-1-002-059.0000
  • Lot Dimension: 128' x 60'

Rental Info

  • Leased: No

Tax Info

  • Taxes: 684

MLS Schools

  • School Elementary: Clark Elementary School
  • School High: Selma High School
  • School Middle: R.B.Hudson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Jan 19, 2024
Sold by
J & H Rental Properties Llc
Bought by
Selma Housing Authority
Seller's Agent
Johnny Moss
Cornerstone Realty LLC.
Buyer's Agent
Monica Whiting
HER Real Estate Solutions LLC.
List Price
$40,000
Sold Price
$26,000
Premium/Discount to List
-$14,000
-35%
Views
83
Current Estimated Value
$64,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,391
Avg. Annual Appreciation
66.92%
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
Selma Housing Authority $26,000 None Listed On Document
Selma Housing Authority $26,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $26,000 +30.0% $16 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $20,000 -50.0% $12 / Sq Ft
10/21/2023 10/21/23 For Sale $40,000 -- $24 / Sq Ft
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
2024 $713 $12,400 $0 $0
2023 $713 $12,400 $0 $0
2022 $684 $11,900 $0 $0
2021 $348 $11,400 $1,160 $10,240
2020 $348 $11,400 $1,160 $10,240
2019 $348 $11,400 $1,160 $10,240
2018 $308 $10,100 $1,160 $8,940
2017 $308 $10,100 $1,160 $8,940
2016 $308 $10,100 $1,160 $8,940
2015 $308 $10,100 $1,160 $8,940
2013 $292 $9,580 $1,160 $8,420
Source: Public Records

Agents Affiliated with this Home

  • Johnny Moss

    Seller's Agent in 2024

    Johnny Moss

    Cornerstone Realty LLC.

    (334) 327-2209

    26 Total Sales

    Johnny Moss
    Section Image

  • M

    Buyer's Agent in 2024

    Monica Whiting

    HER Real Estate Solutions LLC.

    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 548376

Montgomery Area Association of REALTORS®

APN: 11-07-36-1-002-059.0000

Alabama Dallas County Selma 36703

316 Franklin St, Selma, AL

This home is located at 316 Franklin St, Selma, AL 36703 since 21 October 2023 and is currently estimated at $64,391, approximately $39 per square foot. This property was built in 1940. 316 Franklin St is a home located in Dallas County with nearby schools including Selma High School, Leikas at Church Street Umc, and Calvary Christian 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.

Montgomery Area Association of REALTORS® Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

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