$79,900
SOLD APR 18, 2025

401 Mulga Loop Rd Mulga, AL 35118

3 Beds
2 Baths
1,064 Sq Ft
0.26 Acres

Recently Sold

$75 Per Sq Ft

9% Below List Price

178 Days on Market

Highlights

  • Stone Countertops
  • Living Room
  • Tile Flooring
  • Fenced Yard
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2025

The price increased due to work done on the property. This is a great starter home or investment property. All systems are within 6 years old including the roof and HVAC. This property presents a remarkable chance of adding a valuable asset to your collection. The combination of attractive rent, a desirable location, and a well-maintained home makes this a solid investment choice.

Last Agent to Sell the Property

Hannah McCandless

EXIT Realty Birmingham Brokerage Phone: 2054618096 Listed on: 10/01/2024

EXIT Realty Birmingham

Last Buyer's Agent

Chance Creger

eXp Realty, LLC Central

eXp Realty, LLC Central

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Living Room
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Minor Elementary School
  • Minor Junior Middle School
  • Minor High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21398960?w=PubMLS
  • Living Area: 1064
  • Legal Description: POB 355 FT SW OF SW INTERSEC MULGA LOOP RD & SHORT RD TH W 70 FT ALG R/W TH S 165 FT D 152 FT S TH E 70 FT TH N 165 FT D 152 FT S TO POB LESS PART IN ROW SEC 20 TP 17 R 4W
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Floors: Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|MasterBR1|MasterBath1|Bedroom1|FullBath1|Kitchen1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1064

Exterior Features

  • Construction: Concrete/Block
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1064
  • Internet Service Availability: Unknown

Lot Info

  • Assessor Parcel Number: 21-00-20-1-001-026.000
  • Number Acres: 0.26

Tax Info

  • Tax District: MULGA

MLS Schools

  • Elementary School: MINOR
  • High School: MINOR
  • Jr Middle School: MINOR JUNIOR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 22, 2020
Sold by
Spartan Invest Llc
Bought by
Lewis David C and Lewis Mona L
Seller's Agent
Stephanie Devine
Atlas Rental Property
Buyer's Agent
Lindsay Davis
Spartan Realty LLC
List Price
$94,000
Sold Price
$94,000
Current Estimated Value
$86,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,509
Avg. Annual Appreciation
-1.64%
Original Mortgage
$75,200
Outstanding Balance
$66,796
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$19,695

Purchase Details

Closed on
Sep 16, 2020
Sold by
Southeastern Property Solutions Llc
Bought by
Spartant Invest Llc

Purchase Details

Closed on
Sep 4, 2020
Sold by
Knight David B
Bought by
Southeastern Property Solutions Llc
Source: Public Records

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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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 $94,000 --
Warranty Deed $20,000 --
Deed $4,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2025 04/18/25 Sold $79,900 -14.0% $75 / Sq Ft
03/31/2025 03/31/25 Off Market $92,900 -- --
03/28/2025 03/28/25 Pending -- -- --
01/01/2025 01/01/25 Price Changed $92,900 +5.7% $87 / Sq Ft
10/01/2024 10/01/24 For Sale $87,900 0.0% $83 / Sq Ft
03/10/2021 03/10/21 Rented $940 0.0% --
12/23/2020 12/23/20 Sold $94,000 0.0% $88 / Sq Ft View Prior Sale
12/16/2020 12/16/20 For Rent $940 0.0% --
11/22/2020 11/22/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $94,000 -- $88 / 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 $1,023 $17,920 -- --
2022 $1,070 $18,740 $700 $18,040
2021 $488 $8,540 $700 $7,840
2020 $503 $8,540 $700 $7,840
2019 $488 $8,540 $0 $0
2018 $411 $7,200 $0 $0
2017 $411 $7,200 $0 $0
2016 $411 $7,200 $0 $0
2015 $411 $7,200 $0 $0
2014 $419 $7,080 $0 $0
2013 $419 $7,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21398960

Greater Alabama MLS

APN: 21-00-20-1-001-026.000