318 Iris Ln Montgomery, AL 36105
3
Beds
1
Bath
1,085
Sq Ft
7,841
Sq Ft Lot
Highlights
- No HOA
- 1-Story Property
- Carpet
- Porch
- Central Heating
About This Home
As of February 2025GREAT OPPORTUNITY! Great Income-Producing Property with a great tenant that pays rent on time! Rents for $1,100 a month and lease ends October 31, 2025. Tenant would be interested in renewing their lease. This Three bedroom and One Bath with COVERED PARKING is Clean as a whistle with NEW PAINT and NEW CARPET. The Exterior is LOW-MAINTENANCE with VINYL SIDING. Has window units for heating and cooling and an extra wall heater unit has been installed in the living area. It is convenient to Hwy 80, I-65 and I-85, shops, hospitals and restaurants. A great investment property as a rental. Property is sold "AS-IS" " Where Is"
Last Agent to Sell the Property
CHOSEN Realty, LLC. License #0080293 Listed on: 01/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $284
Year Built
- Built in 1950
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 82.8 x 130
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,085 Sq Ft Home
- 1-Story Property
- Carpet
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Carport Spaces
- Driveway
Schools
- Davis Elementary School
- Bellingrath Middle School
- Lanier Senior High School
Utilities
- Central Heating
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Porch
- City Lot
Community Details
- No Home Owners Association
- Ridgecrest Subdivision
Listing and Financial Details
- Assessor Parcel Number 11-07-25-4-017-014.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2025
Closed on
Feb 12, 2025
Sold by
Bb Homes Llc
Bought by
Moon Joel and Moon Kallie B
Seller's Agent
Cassandra Andrews
CHOSEN Realty, LLC.
Buyer's Agent
Jill Tippets
Century 21 Prestige
List Price
$74,900
Sold Price
$71,000
Premium/Discount to List
-$3,900
-5.21%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,999
Avg. Annual Appreciation
-6.56%
Original Mortgage
$56,800
Outstanding Balance
$56,707
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$12,157
Purchase Details
Listed on
Mar 9, 2024
Closed on
Jun 6, 2024
Sold by
Blevias Thomas L
Bought by
B & B Homes Llc
Seller's Agent
Brian Nguyen
JBN Realty
Buyer's Agent
Cassandra Andrews
CHOSEN Realty, LLC.
List Price
$65,900
Sold Price
$63,000
Premium/Discount to List
-$2,900
-4.4%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.79%
Original Mortgage
$50,400
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2010
Sold by
Blevins Thomas L
Bought by
Mathews Lee E and Mathews Sheila
Purchase Details
Closed on
Mar 7, 2003
Sold by
Hud
Bought by
Blevins Thomas L
Purchase Details
Closed on
Mar 15, 2002
Sold by
Southtrust Mtg Corp
Bought by
Hud
Purchase Details
Closed on
Jan 10, 2002
Sold by
Foster Lillian and Brown Kriseta
Bought by
Southtrust Mtg Corp
Purchase Details
Closed on
May 1, 2000
Sold by
Armstrong Margaret Willis and Armstrong Charles A
Bought by
Foster Lillian and Brown Kriseta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,754
Interest Rate
8.24%
Mortgage Type
FHA
Similar Homes in Montgomery, AL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $71,000 | None Listed On Document | |
| Warranty Deed | $63,000 | None Listed On Document | |
| Survivorship Deed | -- | None Available | |
| Warranty Deed | $6,000 | -- | |
| Special Warranty Deed | -- | -- | |
| Foreclosure Deed | $31,515 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $56,800 | New Conventional | |
| Previous Owner | $50,400 | New Conventional | |
| Previous Owner | $29,754 | FHA | |
| Closed | $1,275 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | Sold | $71,000 | -5.2% | $65 / Sq Ft |
| 01/21/2025 01/21/25 | For Sale | $74,900 | +18.9% | $69 / Sq Ft |
| 06/07/2024 06/07/24 | Sold | $63,000 | -4.4% | $58 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | For Sale | $65,900 | -- | $61 / Sq Ft |
Source: Montgomery Area Association of REALTORS®
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 | $284 | $5,740 | $500 | $5,240 |
| 2023 | $284 | $5,360 | $500 | $4,860 |
| 2022 | $193 | $5,280 | $500 | $4,780 |
| 2021 | $152 | $4,160 | $500 | $3,660 |
| 2020 | $152 | $4,160 | $500 | $3,660 |
| 2019 | $152 | $4,160 | $500 | $3,660 |
| 2018 | $152 | $4,160 | $0 | $0 |
| 2017 | $156 | $4,280 | $500 | $3,780 |
| 2014 | $156 | $4,280 | $500 | $3,780 |
| 2013 | -- | $3,920 | $500 | $3,420 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Cassandra Andrews
CHOSEN Realty, LLC.
(334) 868-9713
134 Total Sales
-
Buyer's Agent in 2025
Jill Tippets
Century 21 Prestige
(334) 327-6996
167 Total Sales
-
Seller's Agent in 2024
Brian Nguyen
JBN Realty
(334) 398-3490
117 Total Sales
Map
Source: Montgomery Area Association of REALTORS®
MLS Number: 568759
APN: 11-07-25-4-017-014.000
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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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