Seller's Agent in 2022
Bryan Welch
REALTYNET
(205) 529-8614
10 in this area
295 Total Sales
401 Valley Rd Fairfield, AL 35064
8
Beds
4
Baths
3,900
Sq Ft
1930
Built
About This Home
As of October 2022BACK ON MARKET!! Great Investment opportunity! Quadplex. Sold with tenants in place. Unit numbers; 401, 401 1/2, 403, 403 1/2. All units are 2 bedroom and 1 bath. 3 Units rented. Only photos of 403 1/2 and 401 1/2 are attached. Will try to get photos of 401 & 403 soon. Unit 401 1/2 recently vacated and needs new flooring or new carpet and paint. Units rent for $350.00, $350.00, $395.00, $395.00 (but this one is currently vacant) = $1,490.00, per month. 2 tenants have been in place for over 20 years. All 4 HVAC units are new within the last few years. Leases; 401 1/2 - empty - , 403 1/2 expires 09/30/22, 403 expires 05/31/23, 401 expires 07/30/23. Please do not attempt to show or disturb tenants. Property cannot be shown until under contract for inspection. Highest and Best offers due by Tuesday 09/06/22 at 5 pm cst.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,648
Year Built
- Built in 1930
Parking
- Assigned Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Flooring
- Laminate Flooring
Schools
- Glen Oaks Elementary School
- Rutledge Middle School
- Fairfield High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
- Gross Income $1,490
Listing and Financial Details
- Tenant pays for all utilities (tenant)
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2022 10/04/22 | Sold | $117,000 | -16.4% | $30 / Sq Ft |
| 09/20/2022 09/20/22 | Price Changed | $139,899 | 0.0% | $36 / Sq Ft |
| 09/02/2022 09/02/22 | For Sale | $139,900 | -- | $36 / 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 | $2,166 | $29,080 | -- | -- |
| 2022 | $1,633 | $21,920 | $3,320 | $18,600 |
| 2021 | $1,633 | $21,920 | $3,320 | $18,600 |
| 2020 | $1,648 | $21,920 | $3,320 | $18,600 |
| 2019 | $1,633 | $21,920 | $0 | $0 |
| 2018 | $1,234 | $16,560 | $0 | $0 |
| 2017 | $952 | $12,780 | $0 | $0 |
| 2016 | $952 | $12,780 | $0 | $0 |
| 2015 | $952 | $12,780 | $0 | $0 |
| 2014 | $954 | $12,600 | $0 | $0 |
| 2013 | $954 | $12,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Welch
Map
Source: Greater Alabama MLS
MLS Number: 1332814
APN: 30-12-2-033-013.000-RR-00
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