NOT LISTED FOR SALE

3933 Midway Rd Adamsville, AL 35005

Estimated Value: $148,000 - $187,000

4 Beds
4 Baths
2,678 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $129,500 $48 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,077/month

90 Days on Market

About This Home

As of January 2024

Back on the Market and Reduced! Great income producing property in Adamsville in a quiet area! Home features 4 units, 2 on main level (one is handicap accessible) and 2 on basement level. All units are 1 bedroom/1 bath with full kitchens, family room and separate entrances. 4 sides brick, metal roof, in great shape! Tenants with a great payment history are in place if next owner would like them to stay. Home sits on a sprawling 1.2 acre lot with a barn/storage building and tons of parking. One owner, home can be converted back to a single family residence very easily. Must see!

Last Agent to Sell the Property

Daphney Massey

Century 21 Advantage Listed on: 10/04/2023

Century 21 Advantage

Last Buyer's Agent

Taylor Vernon

TK Realty LLC License #156825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1956

Lot Details

  • 1.28

Home Design

  • Quadruplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Adamsville Elementary School
  • Bottenfield Middle School
  • Minor High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for all utilities (owner)

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $750
  • Gross Income $2,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1956
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Floors: Laminate, Some Hardwood, Tile, Vinyl
  • Basement Style: Full Basement
  • Basement Finished: Full Finished

Exterior Features

  • Construction: Brick
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

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

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: ADAMSVILLE
  • Middle School: BOTTENFIELD
  • High School: MINOR

Lot Info

  • Assessor Parcel Number: 21-00-03-3-001-015.000

Rental Info

  • Owner Pays: All Utilities (OWNER)

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1581

Multi Family

  • Expenses: 750
  • Gross Income: 2550

MLS Schools

  • Elementary School: ADAMSVILLE
  • High School: MINOR
  • Jr Middle School: BOTTENFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 13, 2024
Sold by
Bohannon Gary
Bought by
Tnv Investments Llc
Seller's Agent
Daphney Massey
Century 21 Advantage
Buyer's Agent
Taylor Vernon
TK Realty LLC
List Price
$159,900
Sold Price
$129,500
Premium/Discount to List
-$30,400
-19.01%
Views
291
Current Estimated Value
$166,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,482
Avg. Annual Appreciation
13.08%
Original Mortgage
$250,000
Outstanding Balance
$246,803
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$87,803

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 9, 2024
Sold by
Bohannon Gary
Bought by
Tnv Investments Llc
Seller's Agent
Daphney Massey
Century 21 Advantage
Buyer's Agent
Taylor Vernon
TK Realty LLC
List Price
$159,900
Sold Price
$129,500
Premium/Discount to List
-$30,400
-19.01%
Views
291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$246,803
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$87,803

Purchase Details

Closed on
Mar 12, 2020
Sold by
Bohannon Betty Jo
Bought by
Bohannon Gary
Source: Public Records

Range of Values:

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Average Value
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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
Tnv Investments Llc $129,500 --
Tnv Investments Llc $129,500 None Listed On Document
Bohannon Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tnv Investments Llc $250,000
Previous Owner Bohannon Omer $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $129,500 -13.6% $48 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $149,900 -6.3% $56 / Sq Ft
10/04/2023 10/04/23 For Sale $159,900 -- $60 / 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 $2,097 $34,540 -- --
2022 $1,582 $26,060 $4,000 $22,060
2021 $1,616 $26,620 $4,000 $22,620
2020 $1,616 $26,620 $4,000 $22,620
2019 $1,616 $26,620 $0 $0
2018 $593 $11,440 $0 $0
2017 $593 $11,440 $0 $0
2016 $574 $11,080 $0 $0
2015 $593 $11,440 $0 $0
2014 $566 $11,260 $0 $0
2013 $566 $11,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daphney Massey

    Seller's Agent in 2024

    Daphney Massey

    Century 21 Advantage

    (205) 965-7733

    2 in this area

    172 Total Sales

    Daphney Massey
    Section Image

  • T

    Buyer's Agent in 2024

    Taylor Vernon

    TK Realty LLC

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 21367202

Greater Alabama MLS

APN: 21-00-03-3-001-015.000

Alabama Jefferson County Adamsville 35005

3933 Midway Rd, Adamsville, AL

This home is located at 3933 Midway Rd, Adamsville, AL 35005 since 04 October 2023 and is currently estimated at $166,982, approximately $62 per square foot. This property was built in 1956. 3933 Midway Rd is a home located in Jefferson County with nearby schools including Minor Middle School, Minor High School, and Gloryland Christian Academy.

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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