3811 40th Ave N Birmingham, AL 35217
Inglenook Neighborhood
3
Beds
1
Bath
1,050
Sq Ft
5,227
Sq Ft Lot
Highlights
- Wood Flooring
- Solid Surface Countertops
- Laundry Room
- Attic
- Porch
- 1-Story Property
About This Home
As of February 2025Turnkey Investment Opportunity with Immediate Cash Flow! Recently renovated including NEW HVAC, updated electrical and plumbing and freshly painted throughout. This 3-bedroom, 1-bathroom home is a prime addition to any investors portfolio. With a current tenant in place paying $900 per month, this property starts generating income from day one! Appliances belong to the tenant. Please do not approach tenant.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $787
Year Built
- Built in 1930
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 1,050 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Dining Room
- Wood Flooring
- Crawl Space
- Solid Surface Countertops
- Attic
Bedrooms and Bathrooms
- 3 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 School
- Tarrant Middle School
- Tarrant High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Porch
- 5,227 Sq Ft Lot
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 23-00-18-1-009-009.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Feb 28, 2025
Sold by
Rodsty Llc
Bought by
Staudenmeyer Ingrid
Seller's Agent
Leticia Weaster
Expert Realty, Inc
Buyer's Agent
Tammi Western-Scott
RealtySouth-I459 Southwest
List Price
$75,000
Sold Price
$75,000
Total Days on Market
11
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,000
Avg. Annual Appreciation
-5.03%
Original Mortgage
$63,750
Outstanding Balance
$63,698
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$10,302
Purchase Details
Listed on
May 1, 2020
Closed on
Dec 22, 2020
Sold by
Filpro Properties Llc
Bought by
Rodsty Llc
Seller's Agent
Brandi Ard
Decas Group, Inc.
Buyer's Agent
Will Davenport
RE/MAX Advantage
List Price
$53,900
Sold Price
$40,500
Premium/Discount to List
-$13,400
-24.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Purchase Details
Listed on
Nov 29, 2017
Closed on
Feb 7, 2018
Sold by
Three D Properties Of Alab
Bought by
Filpro Properties Llc
Seller's Agent
Shannon Malcom
EXIT Realty Birmingham
Buyer's Agent
Shannon Malcom
EXIT Realty Birmingham
List Price
$38,000
Sold Price
$35,000
Premium/Discount to List
-$3,000
-7.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Purchase Details
Closed on
Jun 10, 2016
Sold by
Jordan Rance
Bought by
Three D Properties Of Alabama Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.57%
Mortgage Type
Commercial
Similar Homes in Birmingham, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | None Listed On Document | |
| Warranty Deed | $40,500 | -- | |
| Warranty Deed | $35,000 | -- | |
| Warranty Deed | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $63,750 | New Conventional | |
| Previous Owner | $33,750 | Commercial | |
| Previous Owner | $28,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2025 02/23/25 | Sold | $75,000 | 0.0% | $71 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $75,000 | +85.2% | $71 / Sq Ft |
| 12/21/2020 12/21/20 | Sold | $40,500 | -9.8% | $47 / Sq Ft |
| 06/16/2020 06/16/20 | Price Changed | $44,900 | -16.7% | $52 / Sq Ft |
| 05/01/2020 05/01/20 | For Sale | $53,900 | +54.0% | $62 / Sq Ft |
| 02/07/2018 02/07/18 | Sold | $35,000 | -7.9% | $41 / Sq Ft |
| 01/12/2018 01/12/18 | Pending | -- | -- | -- |
| 11/29/2017 11/29/17 | For Sale | $38,000 | -- | $44 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $787 | $10,860 | -- | -- |
| 2022 | $542 | $7,480 | $1,940 | $5,540 |
| 2021 | $597 | $8,240 | $1,940 | $6,300 |
| 2020 | $545 | $7,520 | $1,940 | $5,580 |
| 2019 | $571 | $7,880 | $0 | $0 |
| 2018 | $502 | $6,920 | $0 | $0 |
| 2017 | $502 | $6,920 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leticia Weaster
Seller's Agent in 2025
Leticia Weaster
Expert Realty, Inc
(205) 835-2990
1 in this area
104 Total Sales
-
Tammi Western-Scott
T
Buyer's Agent in 2025
Tammi Western-Scott
RealtySouth
(334) 375-3161
1 in this area
1 Total Sale
-
Brandi Ard
Seller's Agent in 2020
Brandi Ard
Decas Group, Inc.
(205) 447-0832
3 in this area
176 Total Sales
-
Buyer's Agent in 2020
Will Davenport
RE/MAX
-
Shannon Malcom
Seller's Agent in 2018
Shannon Malcom
EXIT Realty Birmingham
(205) 260-7784
8 in this area
201 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21407124
APN: 23-00-18-1-009-009.000
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