NOT LISTED FOR SALE

350 Vine St Montevallo, AL 35115

Montevallo Area

Estimated Value: $138,000 - $184,148

2 Beds
3 Baths
1,800 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2020

Last sale price $105,000 $58 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $974 / mo

9 Days on Market

About This Home

As of August 2020

Four rental units for the price of one! Located near Orr Park and within walking distance of downtown Montevallo. This is a unique property because on one lot there is a 2 bd, 1 ba single family home that leases for $650 mth, and on the second lot there is a duplex with an efficiency unit on one side and a 1 bd on the other side that lease for $325 each, and a garage apt with 1 bd that leases for $300 mth. Water and trash are on one meter at the duplex, but the sf home is set up with its' own meter. Each building will need some "TLC" and the property is sold "AS IS". Available to view on June 8th.

Last Agent to Sell the Property

Letta Hallman

Montevallo Realty Listed on: 05/15/2020

Last Buyer's Agent

Melanie Siow

RealtySouth-OTM-Acton Rd

RealtySouth-OTM-Acton Rd

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1940

Lot Details

  • 0.33

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Siding

Flooring

  • Wood
  • Vinyl

Basement

  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $120
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1940

Lot Details

0.33 Acres

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Floors: Some Hardwood, Vinyl

Exterior Features

  • Construction: Siding
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Gas Heat
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: 278282001004.000

Rental Info

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

Tax Info

  • Tax District: MONTEVALLO
  • Annual Tax: 890

Multi Family

  • Expenses: 120
  • Gross Income: 1600

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

Listed on
May 15, 2020
Closed on
Aug 13, 2020
Sold by
Theirfour Llc
Bought by
Seller's Agent
Letta Hallman
Montevallo Realty
Buyer's Agent
Melanie Siow
RealtySouth-OTM-Acton Rd
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$154,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,287
Avg. Annual Appreciation
6.58%
Original Mortgage
$84,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2012
Sold by
Wilder Susan P and Livings James H
Bought by
White Susan P Wilder and Livings James H
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montevallo, AL

  • Michelle Lowery Real Estate Agent - RE/MAX Advantage

    Michelle Lowery

    RE/MAX Advantage

    (659) 207-9055

    43 Total Sales

    7 in Montevallo

    $145K - $313K Price Range

    Michelle Lowery
     Section Image
  • Lyn Berry Real Estate Agent - Keller Williams Realty Hoover

    Lyn Berry

    Keller Williams Realty Hoover

    (659) 207-2933

    87 Total Sales

    2 in Montevallo

    $345K - $948K Price Range

    Lyn Berry
     Section Image
  • Jerica Miles Mabry Real Estate Agent - 1620 Homes LLC

    Jerica Miles Mabry

    Responds Quickly

    1620 Homes LLC

    (205) 784-2521

    10 Total Sales

    1 in Montevallo

    $247,500 Price

    Jerica Miles Mabry
     Section Image
  • Josh Vernon Real Estate Agent - Keller Williams Realty Vestavia

    Josh Vernon

    Keller Williams Realty Vestavia

    (659) 204-4982

    544 Total Sales

    1 in Montevallo

    $270,000 Price

    Josh Vernon
     Section Image
  • Teddie Mae Wall Real Estate Agent - ARC Realty 280

    Teddie Mae Wall

    ARC Realty 280

    (659) 204-4764

    96 Total Sales

    1 in Montevallo

    $146,000 Price

    Teddie Mae Wall
     Section Image
  • Alicia Anderson Real Estate Agent - ERA King Real Estate

    Alicia Anderson

    ERA King Real Estate

    (659) 348-0601

    52 Total Sales

    2 in Montevallo

    $304K - $361K Price Range

    Alicia Anderson
     Section Image
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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
$105,000 South Oak Title Pelham Llc
White Susan P Wilder -- None Available
Theirfour Llc -- 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
Open $100,000
Closed Ssw Rentals Llc $84,000
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
08/13/2020 08/13/20 Sold $105,000 0.0% $58 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $105,000 0.0% $58 / Sq Ft
06/01/2020 06/01/20 Price Changed $105,000 -- $58 / Sq Ft
Source: Greater Alabama MLS

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 $1,527 $29,940 $0 $0
2024 $1,449 $28,420 $0 $0
2023 $1,268 $24,520 $0 $0
2022 $1,121 $21,980 $0 $0
2021 $1,078 $21,140 $0 $0
2020 $919 $18,020 $0 $0
2019 $889 $17,440 $0 $0
2017 $842 $16,500 $0 $0
2015 $808 $15,840 $0 $0
2014 $792 $15,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Letta Hallman Real Estate Agent - Montevallo Realty

    Seller's Agent in 2020

    Letta Hallman

    Montevallo Realty

    (205) 665-4689

    5 Total Sales

    Letta Hallman
    Section Image
  • Melanie Siow Real Estate Agent - RealtySouth

    Buyer's Agent in 2020

    Melanie Siow

    RealtySouth

    (205) 305-1158

    131 Total Sales

    Melanie Siow
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Map

Source: Greater Alabama MLS

MLS Number: 883314

Greater Alabama MLS

APN: 27-8-28-2-001-004-000

Alabama Shelby County Montevallo 35115

350 Vine St, Montevallo, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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