NOT LISTED FOR SALE

3205 Lexington Rd Montgomery, AL 36106

Cloverdale-Idlewild Neighborhood

Estimated Value: $98,000 - $166,798

1 Bed
1 Bath
1,992 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 19, 2014

Last sale price $35,000 $18 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $831/month

169 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of March 2014

RARE Cloverdale duplex located on corner lot. Spacious yard. Current tenant is month-to-month.

Last Agent to Sell the Property

Jason Head

Regional Property Group, LLC. License #0100066 Listed on: 10/01/2013

Co-Listed By

Justin Moody

Partners Realty License #0081973

Last Buyer's Agent

Jason Head

Regional Property Group, LLC. License #0100066 Listed on: 10/01/2013

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Breakfast Area or Nook

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1004194008010.000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Property Sub Type: Duplex
  • Design: 1 Story
  • New Construction: No
  • Special Features: None

Interior Features

  • Dining Area Feature: Breakfast Room/Nook
  • Flooring: Carpet - Wall to Wall, Wood
  • Room Features: Kitchen/Den, Living Room

Exterior Features

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable TV Available
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 1004194008010.000

Rental Info

  • Tenant Pay: All Utilities

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2016
Sold by
Source Holdings Llc
Bought by
Rental Dwellings Llc
Current Estimated Value
$133,950

Purchase Details

Listed on
Oct 1, 2013
Closed on
Mar 18, 2014
Sold by
Whitney Bank
Bought by
Source Holdings Llc
Seller's Agent
Jason Head
Regional Property Group, LLC.
Buyer's Agent
Jason Head
Regional Property Group, LLC.
List Price
$41,000
Sold Price
$35,000
Premium/Discount to List
-$6,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$28,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2013
Sold by
Palmer Properties Inc
Bought by
Whitney Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rental Dwellings Llc $132,000 None Available
Source Holdings Llc $35,000 None Available
Whitney Bank $26,891 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Source Holdings Llc $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2014 03/19/14 Sold $35,000 -14.6% $18 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $41,000 -- $21 / 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
2025 $1,514 $31,020 $8,000 $23,020
2024 $1,505 $30,820 $8,000 $22,820
2023 $1,505 $29,620 $8,000 $21,620
2022 $1,023 $28,020 $8,000 $20,020
2021 $902 $24,700 $8,000 $16,700
2020 $902 $24,700 $8,000 $16,700
2019 $1,096 $30,040 $8,000 $22,040
2018 $1,024 $28,060 $0 $0
2017 $772 $21,140 $8,000 $13,140
2014 $919 $25,180 $8,000 $17,180
2013 -- $26,780 $15,000 $11,780
Source: Public Records

Agents Affiliated with this Home

  • Jason Head

    Seller's Agent in 2014

    Jason Head

    Regional Property Group, LLC.

    (334) 546-5690

    68 Total Sales

    Jason Head
    Section Image
  • Justin Moody

    Seller Co-Listing Agent in 2014

    Justin Moody

    Partners Realty

    (334) 322-7963

    122 Total Sales

    Justin Moody
    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 304590

Montgomery Area Association of REALTORS®

APN: 10-04-19-4-008-010.000

Alabama Montgomery County Montgomery 36106 Cloverdale-Idlewild

3205 Lexington Rd, Montgomery, AL

Not Listed for Sale

MultiFamily

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