NOT LISTED FOR SALE

401 Valley Rd Fairfield, AL 35064

8 Beds
4 Baths
3,900 Sq Ft
1930 Built

Last Sold October 04, 2022

Last sale price $117,000 $30 Per Sq Ft

30 Days on Market

About This Home

As of October 2022

BACK 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.

Last Agent to Sell the Property

Bryan Welch

REALTYNET Listed on: 09/02/2022

Last Buyer's Agent

Bryan Welch

REALTYNET Listed on: 09/02/2022

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)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Floors: Laminate

Exterior Features

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

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating: Central w/Ind Ctrl(HEAT)
  • Cooling: Central w/Ind Ctrl(COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: 30-00-12-2-033-013.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: FAIRFIELD
  • Annual Tax: 1648

Multi Family

  • Gross Income: 1490

MLS Schools

  • Elementary School: GLEN OAKS
  • High School: FAIRFIELD
  • Jr Middle School: RUTLEDGE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 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 $2,166 $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

    Seller's Agent in 2022

    Bryan Welch

    REALTYNET

    (205) 529-8614

    10 in this area

    285 Total Sales

    Bryan Welch
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Map

Source: Greater Alabama MLS

MLS Number: 1332814

Greater Alabama MLS

APN: 30-12-2-033-013.000-RR-00

Alabama Jefferson County Fairfield 35064

401 Valley Rd, Fairfield, AL

Not Listed for Sale

MultiFamily

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