NOT LISTED FOR SALE
8 Beds
8 Baths
6,200 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: November 6, 2020

Last sale price $400,000 $65 Per Sq Ft

172 Days on Market

About This Home

As of November 2020

Are you looking for a good investment property just steps from the University of North Alabama Campus? Great opportunity to own an 8 unit apartment complex. 8 one bedroom, one bath apartments each with large open living room and good sized kitchen. Kitchen has Oven/Stove, Refrigerator, Dishwasher. Every unit has a laundry closet with washer & dryer included. Bedroom is very large with two huge closets in BR, full bath w tub/shower, pets allowed , Each unit has its own HVAC unit. Ample parking lot included.

Last Agent to Sell the Property

Steve Shelton

RE/MAX Tri-State Listed on: 03/10/2020

RE/MAX Tri-State

Last Buyer's Agent

Steve Shelton

RE/MAX Tri-State Listed on: 03/10/2020

RE/MAX Tri-State
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 15,246 Sq Ft Lot
  • Lot Dimensions are 106'x144.9'

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 6,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum
  • Laminate

Utilities

  • Central Air
  • Multiple Heating Units

Community Details

  • 8 Units
  • City Of Florence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-02-10-4-004-055.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0.35 Acres

Listing Details

  • Class: MultiFamily
  • Type: Multiple Dwellings
  • Built Before 1978 (Y/N): No
  • Easements: None
  • Frontage Len: 144.9
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 106'x144.9'
  • Road Frontage Type: City Street
  • Shoals Pic Orig I D: 429829
  • Subdivision Name: City of Florence
  • Agent Only_ L A1 User Code: S263_56656
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • NumberOfBuildings: 1
  • Price Per S Q F T: 64.52
  • Stories Total: 2

Exterior Features

  • Construction Materials: Brick, Other (ConstrMat)
  • Roof: Gable, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete (Parking)

Utilities

  • Cooling: Central Air
  • Heating: 2+ Central Units

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.35
  • Parcel Num: 24-02-10-4-004-055.000

Building Info

  • Year Built: 1990
  • BuildingAreaTotal: 6200

Multi Family

  • Total Units: 8

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 10, 2020
Closed on
Nov 6, 2020
Sold by
Bought by
Seller's Agent
Steve Shelton
RE/MAX Tri-State
Buyer's Agent
Steve Shelton
RE/MAX Tri-State
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,947
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,947
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Florence, AL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 Attorney Only
$400,000 None Available
$415,000 None Available
$305,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $416,240
Previous Owner $300,000
Previous Owner $422,947
Previous Owner $309,593
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $400,000 -9.1% $65 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $440,000 -- $71 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,673 $74,960 $0 $0
2024 $3,673 $80,540 $1,380 $79,160
2023 $3,946 $1,380 $1,380 $0
2022 $3,161 $64,500 $0 $0
2021 $1,947 $39,740 $0 $0
2020 $1,947 $39,740 $0 $0
2019 $1,947 $39,740 $0 $0
2018 $1,976 $40,320 $0 $0
2017 $1,959 $40,200 $0 $0
2016 $1,959 $39,980 $0 $0
2015 $1,890 $38,580 $0 $0
2014 $1,889 $38,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 163840

Strategic MLS Alliance (Cullman / Shoals Area)
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