NOT LISTED FOR SALE

Estimated Value: $124,000 - $141,000

-- Bed
2 Baths
1,659 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $129,000 $78 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $794/month

85 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • Multiple Water Heaters

About This Home

As of April 2024

Multi Family Properties do not come to market often in this area and I do not look for this one to last long either!!! At $1,825 per month in gross rents - all three units being tenant occupied ALREADY...this is a RARE FIND!!!! Begin building a rental portfolio or add to your passive income stream beginning immediately. The seller has made several updates over the past several months to different aspects of the property including both plumbing and electrical which should minimize the out of pocket expenses in the near future. Contact your favorite REALTOR soon before this one gets away!

Last Agent to Sell the Property

Michael Stroup

Harris And Atkins Real Estate License #0113442 Listed on: 01/31/2024

Last Buyer's Agent

Tenisha Austin

KW Montgomery License #0151326

KW Montgomery

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1920

Parking

  • Driveway

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Multiple Water Heaters

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for air conditioning, all utilities, electricity, gas, heat
  • Assessor Parcel Number 10-03-08-04-027-014000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$731

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Stories: 1
  • Year Built: 1920
  • New Construction: No
  • PropertyType: Residential Income
  • LotFeatures: City Lot
  • NAV29_Unit_1_Appliances: Multiple Water Heaters
  • Co List Office Phone: 334-495-4000
  • MLS Status: Closed
  • Architectural Style: One Story
  • Interior Features: Eat-in Kitchen
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 10-03-08-04-027-014000

Rental Info

  • Land Lease Amount: 1825.0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Tenant Pays: Air Conditioning, All Utilities, Electricity, Gas, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 23, 2024
Sold by
Sfr1 Llc
Bought by
Cox Damien Monroe and Cox Omeka Sona
Seller's Agent
Michael Stroup
Harris And Atkins Real Estate
Buyer's Agent
Tenisha Austin
KW Montgomery
List Price
$130,000
Sold Price
$129,000
Premium/Discount to List
-$1,000
-0.77%
Total Days on Market
85
Views
77
Current Estimated Value
$132,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,119
Avg. Annual Appreciation
2.03%
Original Mortgage
$96,750
Outstanding Balance
$95,628
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$36,491

Purchase Details

Closed on
Mar 30, 2022
Sold by
Speaks Capital 2 Llc
Bought by
Speaks Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Mwa Holdings Llc
Bought by
Speaks Capital 2 Llc

Purchase Details

Listed on
Jan 30, 2012
Closed on
Jun 12, 2012
Sold by
Aurora Loan Services Llc
Bought by
Atkins Michael
Seller's Agent
Bo Evans
Bo Evans Realty
Buyer's Agent
Michael Atkins
Harris And Atkins Real Estate
List Price
$29,900
Sold Price
$12,900
Premium/Discount to List
-$17,000
-56.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.55%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Smith Lawren
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 15, 2007
Sold by
Smith Lawren
Bought by
Las Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
10.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2007
Sold by
7 Ps Properties Llc
Bought by
Smith Lawren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
10.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Wesson Clarence Edward
Bought by
7 Ps Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Andrews Daniel E and Andrews Lena Wesson
Bought by
7 Ps Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Cox Damien Monroe $129,000 None Listed On Document
Speaks Capital Llc $109,200 None Listed On Document
Speaks Capital 2 Llc $69,900 None Available
Atkins Michael $18,000 None Available
Aurora Loan Services Llc $123,858 None Available
Las Investments Llc -- None Available
Smith Lawren -- None Available
7 Ps Properties Llc -- None Available
7 Ps Properties Llc -- None Available
7 Ps Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Damien Monroe $96,750
Previous Owner Speaks Capital Llc $109,200
Previous Owner Smith Lawren $117,000
Previous Owner 7 Ps Properties Llc $41,000
Previous Owner 7 Ps Properties Llc $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $129,000 0.0% $78 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $129,000 -0.8% $78 / Sq Ft
01/31/2024 01/31/24 For Sale $130,000 +907.8% $78 / Sq Ft
06/25/2012 06/25/12 Sold $12,900 -56.9% $8 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $29,900 -- $18 / 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 $731 $14,900 $1,600 $13,300
2023 $731 $14,200 $1,600 $12,600
2022 $484 $13,260 $1,600 $11,660
2021 $472 $12,920 $1,600 $11,320
2020 $472 $12,920 $1,600 $11,320
2019 $374 $10,260 $1,600 $8,660
2018 $369 $10,100 $0 $0
2017 $364 $9,980 $2,000 $7,980
2014 $331 $9,080 $2,000 $7,080
2013 -- $9,200 $2,000 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 551743

Montgomery Area Association of REALTORS®

APN: 10-03-08-4-027-014.000