$47,000
SOLD MAY 27, 2021

4021 40th Terrace N Birmingham, AL 35217

Inglenook Neighborhood
2 Beds
1 Bath
1,178 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Fenced Yard
  • Laundry Room
  • 1-Story Property
  • Tile Countertops
  • Tile Flooring
  • 4-minute walk to Playground

About This Home

As of November 2022

ATTENTION INVESTORS: INCOME PRODUCING PROPERTY 2 BEDROOM 1 FULL BATH WITH TENANT IN PLACE. CURRENT RENT IS $685.00. THIS PROPERTY IS PART OF 4 PROPERTY BULK SALE. BULK PACKAGE OF 4 PROPERTIES IS OFFERED AT $205,000.00.

Last Agent to Sell the Property

Bozeman and Minor Group

ARC Realty Vestavia Listed on: 04/08/2021

ARC Realty Vestavia

Co-Listed By

Brad Bozeman

ARC Realty Vestavia

Last Buyer's Agent

Lindsay Sport

Keller Williams Homewood

Keller Williams Homewood

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

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

Parking

  • 1 Carport Space
  • Driveway

Schools

  • Inglenook Elementary And Middle School
  • Carver High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1281728?w=PubMLS
  • Living Area: 1178
  • Legal Description: LOT 7 BLK 5 INGLENOOK RLTY CO SUR BOYLES HGLDS
  • List Price per Sq Ft: 41.6
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1963
  • Price Per Sq Ft: 39.9
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Floors: Carpet, Tile Floor
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Tile (KIT)
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1178

Exterior Features

  • Construction: 4 Sides Brick
  • Exterior Features: Fenced Yard
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1178

Schools

  • Elementary School: INGLENOOK
  • Middle School: INGLENOOK
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 23-00-17-2-006-007.000
  • Number Acres: 0.17

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1254

MLS Schools

  • Elementary School: INGLENOOK
  • High School: CARVER, G W
  • Jr Middle School: INGLENOOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 18, 2022
Sold by
Hall Ashanti
Bought by
Nellis James and Nellis Jessica Q
Seller's Agent
Lindsay Sport
Keller Williams Homewood
Buyer's Agent
Mack Toomer
Keller Williams Realty Vestavia
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$87,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,947
Avg. Annual Appreciation
1.64%
Original Mortgage
$60,000
Outstanding Balance
$58,495
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$25,102

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 21, 2021
Sold by
Green Light Investments Llc
Bought by
Hall Ashanti
Seller's Agent
Bozeman and Minor Group
ARC Realty Vestavia
Buyer's Agent
Lindsay Sport
Keller Williams Homewood
List Price
$49,000
Sold Price
$47,000
Premium/Discount to List
-$2,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.90%
Original Mortgage
$39,950
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 7, 2017
Sold by
Wells Fargo Bank National
Bought by
Green Light Investments Llc
Seller's Agent
Joel Lawrence
OWNERS.COM
Buyer's Agent
TJ Westmoreland
Keller Williams Metro South
List Price
$27,600
Sold Price
$26,424
Premium/Discount to List
-$1,176
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jan 3, 2017
Sold by
Multrie Inez
Bought by
Wells Fargo Bank National Asso and Securitized Asset Backed Recei
Seller's Agent
Joel Lawrence
OWNERS.COM
Buyer's Agent
TJ Westmoreland
Keller Williams Metro South
List Price
$27,600
Sold Price
$26,424
Premium/Discount to List
-$1,176
-4.26%

Purchase Details

Closed on
Dec 8, 2014
Sold by
Multrie Inez Estate
Bought by
Key James
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 --
Warranty Deed $47,000 --
Special Warranty Deed $26,424 --
Foreclosure Deed $63,361 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Previous Owner $39,950 New Conventional
Previous Owner $61,600 Unknown
Previous Owner $52,498 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $80,000 0.0% $68 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $80,000 +70.2% $68 / Sq Ft
05/27/2021 05/27/21 Sold $47,000 -4.1% $40 / Sq Ft
04/08/2021 04/08/21 For Sale $49,000 +85.4% $42 / Sq Ft
02/21/2017 02/21/17 Sold $26,424 +5.3% $23 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $25,100 -9.1% $21 / Sq Ft
01/03/2017 01/03/17 For Sale $27,600 -- $24 / 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 $1,311 $18,080 -- --
2022 $906 $12,500 $2,820 $9,680
2021 $1,163 $16,040 $2,820 $13,220
2020 $1,254 $17,300 $2,820 $14,480
2019 $1,322 $18,240 $0 $0
2018 $1,114 $15,360 $0 $0
2017 $0 $7,680 $0 $0
2016 $0 $7,260 $0 $0
2015 $485 $7,680 $0 $0
2014 $421 $7,020 $0 $0
2013 $421 $7,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Sport

    Seller's Agent in 2022

    Lindsay Sport

    Keller Williams Homewood

    (334) 304-0357

    2 in this area

    92 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Mack Toomer

    Keller Williams Realty Vestavia

    (205) 568-7588

    1 in this area

    1 Total Sale

    Section Image
  • Bozeman and Minor Group

    Seller's Agent in 2021

    Bozeman and Minor Group

    ARC Realty Vestavia

    (205) 960-5992

    14 in this area

    409 Total Sales

    Section Image
  • Brad Bozeman

    Seller Co-Listing Agent in 2021

    Brad Bozeman

    ARC Realty Vestavia

    (205) 960-5992

    19 in this area

    415 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Joel Lawrence

    OWNERS.COM

  • TJ Westmoreland

    Buyer's Agent in 2017

    TJ Westmoreland

    Keller Williams Metro South

    (205) 918-3000

    120 Total Sales

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1281728

Greater Alabama MLS

APN: 23-00-17-2-006-007.000

Alabama Jefferson County Birmingham 35217 Inglenook

4021 40th Terrace N, Birmingham, AL

This home is located at 4021 40th Terrace N, Birmingham, AL 35217 and is currently priced at $47,000, approximately $39 per square foot. This property was built in 1963. 4021 40th Terrace N is a home located in Jefferson County with nearby schools including Inglenook Elementary School, George W. Carver High School, and Cornerstone Schools of Alabama.

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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