$45,500
SOLD NOV 1, 2024
2 Beds
1 Bath
1,008 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

24% Below List Price

196 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 1-Story Property
  • Attic
  • Laundry Room
  • 3-minute walk to Inglenook Park

About This Home

As of November 2024

ATTENTION INVESTORS! This property is professionally managed with access to tenant ledger, lease agreement, maintenance records, etc. This is a 2 bedroom / 1 full bath home currently rented at $700 per month. Solid rental home with tenant in place for 10+ years. Already over the 1% rule with lots of potential to increase rents to market value. Market rent in this area for similar size and bedroom count is between $935-$1050 OWNERS ARE WILLING TO SELL THIS PROPERTY INDIVIDUALLY OR AS A PART OF A PACKAGE WITH UP TO 5 MORE UNITS. EMAIL AGENT FOR ADDITIONAL INFORMATION

Last Agent to Sell the Property

Lindsey Barefoot

Barrington Real Estate

Last Buyer's Agent

Ravinell Wilson

Trading Earth, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Parking

  • On-Street Parking

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Inglenook Elementary And Middle School
  • Carver High School

Utilities

  • Central Heating
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 7,841 Sq Ft Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21377568?w=PubMLS
  • Living Area: 1008
  • Legal Description: LOTS 21+22 BLK 3 LAUREL HILL ADD TO BOYLES
  • List Price per Sq Ft: 59.52
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1930
  • Price Per Sq Ft: 45.14
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Floors: Carpet, Hardwood
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Bedroom1|Bedroom1|Bedroom1|Living1|FullBath1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Living, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Main Level Sq Ft: 1008

Exterior Features

  • Construction: Brick Over Foundation, Wood
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1008

Schools

  • Elementary School: INGLENOOK
  • Middle School: INGLENOOK
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 23-00-18-1-016-019.000
  • Number Acres: 0.18

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 695

MLS Schools

  • Elementary School: INGLENOOK
  • High School: CARVER, G W
  • Jr Middle School: INGLENOOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Nov 1, 2024
Sold by
Common Sense Investing Llc
Bought by
Real Property Investor Strategies Llc
Seller's Agent
Lindsey Barefoot
Barrington Real Estate
Buyer's Agent
Ravinell Wilson
Trading Earth, Inc.
List Price
$59,995
Sold Price
$45,500
Premium/Discount to List
-$14,495
-24.16%
Total Days on Market
196
Views
138
Current Estimated Value
$113,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,110
Avg. Annual Appreciation
29.36%
Original Mortgage
$59,000
Outstanding Balance
$58,721
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$6,031

Purchase Details

Closed on
Aug 28, 2019
Sold by
Lunsford Robert E
Bought by
Common Sense Investing Llc

Purchase Details

Closed on
Dec 13, 2002
Sold by
Lunsford Robert E and Lunsford Mildred P
Bought by
Lunsford Robert E and Lunsford Mildred P

Purchase Details

Closed on
Jan 9, 1997
Sold by
Crenshaw Anita H and Crenshaw Edward P
Bought by
Crenshaw Edward P

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Warranty Deed $118,000 None Listed On Document
Warranty Deed $230,000 --
Warranty Deed $51,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Alabama Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $59,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $45,500 -24.2% $45 / Sq Ft
09/23/2024 09/23/24 For Sale $59,995 0.0% $60 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $59,995 0.0% $60 / Sq Ft
05/22/2024 05/22/24 Price Changed $59,995 +31.9% $60 / Sq Ft
05/20/2024 05/20/24 Off Market $45,500 -- --
03/29/2024 03/29/24 Price Changed $67,800 -1.7% $67 / Sq Ft
02/20/2024 02/20/24 For Sale $69,000 -- $68 / Sq Ft
Source: Greater Alabama MLS

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 $958 $13,220 -- --
2022 $686 $9,460 $2,800 $6,660
2021 $748 $10,320 $2,800 $7,520
2020 $716 $9,880 $2,800 $7,080
2019 $748 $10,320 $0 $0
2018 $647 $8,920 $0 $0
2017 $647 $8,920 $0 $0
2016 $618 $8,520 $0 $0
2015 $647 $8,920 $0 $0
2014 $612 $8,300 $0 $0
2013 $612 $8,300 $0 $0
Source: Public Records

Source: Greater Alabama MLS

MLS Number: 21377568

Greater Alabama MLS

APN: 23-00-18-1-016-019.000