NOT LISTED FOR SALE

Estimated Value: $137,000 - $834,000

5 Beds
6 Baths
3,325 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $437,500 $132 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,591/month

23 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Gas

About This Home

As of August 2018

A beautiful historic home in a fantastic location in the Forest Park neighborhood. This incredible investment property has been meticulously maintained making it low maintenance with a great tenant base. The main house is 2 story brick and the carriage house is great space as well.

Last Agent to Sell the Property

Lynlee Real-Hughes

ARC Realty Mountain Brook Listed on: 07/09/2018

ARC Realty Mountain Brook

Last Buyer's Agent

Bridget Sikora

Ray & Poynor Properties

Ray & Poynor Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1920

Lot Details

  • 8,973

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant), gas (tenant), hot water (tenant), trash collection (tenant)
  • The owner pays for water/sewer (owner)

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $12,425
  • Gross Income $43,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,712

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Triplex
  • Termite Company Name: Bozeman Exterminators
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1920
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Floors: Some Hardwood, Tile
  • Basement Style: Full Basement
  • Basement Finished: All Unfinished

Exterior Features

  • Construction: Brick, Concrete/Block
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Electric (HEAT), Gas Heat
  • Cooling: Central Control (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 01073-23-00-32-3-008-011

Rental Info

  • Owner Pays: Water/Sewer (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Gas (TENANT), Hot Water (TENANT), Trash Collection (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 5712

Multi Family

  • Expenses: 12425
  • Gross Income: 43260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 10, 2018
Sold by
Pillitary Charles
Bought by
Clark Roger and Clark Patricia
Seller's Agent
Lynlee Real-Hughes
ARC Realty Mountain Brook
Buyer's Agent
Bridget Sikora
Ray & Poynor Properties
List Price
$489,900
Sold Price
$437,500
Premium/Discount to List
-$52,400
-10.7%
Current Estimated Value
$720,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,422
Avg. Annual Appreciation
4.41%
Original Mortgage
$328,125
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Pillitary Charles
Bought by
Ausley James R and Ausley Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,500
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 1998
Sold by
Warren William D
Bought by
Pillitary Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.97%
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
Clark Roger $437,500 --
Ausley James R $491,000 None Available
Pillitary Charles $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Roger $273,398
Closed Clark Roger $328,125
Previous Owner Ausley James R $466,500
Previous Owner Pillitary Charles $199,999
Previous Owner Pillitary Charles $16,000
Previous Owner Pillitary Charles $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $437,500 -10.7% $132 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $489,900 -- $147 / Sq Ft
Source: Greater Alabama MLS

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 $7,724 $106,540 -- --
2022 $6,554 $90,400 $48,440 $41,960
2021 $6,554 $90,400 $48,440 $41,960
2020 $6,531 $90,080 $48,440 $41,640
2019 $6,531 $125,700 $0 $0
2018 $7,143 $98,520 $0 $0
2017 $5,712 $78,780 $0 $0
2016 $5,712 $78,780 $0 $0
2015 $5,712 $78,780 $0 $0
2014 $5,410 $77,840 $0 $0
2013 $5,410 $77,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 822324

Greater Alabama MLS

APN: 23-00-32-3-008-011.000