NOT LISTED FOR SALE

Estimated Value: $86,000 - $111,000

4 Beds
2 Baths
2,768 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $92,000 $33 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $694/month

17 Days on Market

Highlights

  • City View
  • Attic
  • Porch
  • Deck
  • Solid Surface Countertops
  • 1-minute walk to Playground

About This Home

As of October 2022

If you are an investor and want to acquire a property that will bring a Yield of over 12% and an immediate return, take a close look at this deal. The home is 4 bedrooms and 2 baths, rehabbed 16 months ago with new flooring, fixtures, countertops, vanities, and lighting. Once was used as an Airbnb and now, this property receives income from a permanent tenant. Payment history will show income stability with the capability of increasing the rents soon after purchase. Why would you need a PPPL when you can have an HPPP (High Producing Performing Property)? Please be mindful of the tenant's privacy and call ahead to schedule a tour. A 48 hours notification is needed. Call listing agent to discuss this property's generous rent amount.

Last Agent to Sell the Property

April Quicksey

Hart Seil Management Service Listed on: 09/11/2022

Last Buyer's Agent

Jason Biggs

Evernest Too License #75904

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Laminate Flooring
  • City Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

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

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Inglenook Elementary And Middle School
  • Carver High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1333512?w=PubMLS
  • Living Area: 2768
  • Legal Description: LOT 2 BLK 8 INGLE TERRACE
  • List Price per Sq Ft: 33.24
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1920
  • Price Per Sq Ft: 33.24
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Floors: Hardwood Laminate
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Bedroom1|Bedroom1|Bedroom1|MasterBR1|Kitchen1|FullBath1|MasterBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Master Bath, 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)
  • Kitchen Countertops: Solid Surface
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1384
  • Upper Level Sq Ft: 1384

Exterior Features

  • Construction: Siding-Vinyl, Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking, On Street Parking

Utilities

  • Heating: Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 2768

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights

Schools

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

Lot Info

  • Assessor Parcel Number: 23-00-08-3-023-002.000
  • Lot View: Yes
  • Lot View Type: City View
  • Number Acres: 0.17

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1420

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Jordan Forrest
Bought by
Jordan Real Estate Llc
Current Estimated Value
$102,741

Purchase Details

Listed on
Sep 11, 2022
Closed on
Nov 30, 2022
Sold by
Peterson Jeffrey C
Bought by
Jordan Forrest
Seller's Agent
April Quicksey
Hart Seil Management Service
Buyer's Agent
Jason Biggs
Evernest Too
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$73,600
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2019
Sold by
Riley John D
Bought by
Elf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,900
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
Elf Properties Llc
Bought by
Peterson Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,900
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Fraser Roy K
Bought by
Riley John D

Purchase Details

Closed on
Aug 6, 2013
Sold by
White Vellie L
Bought by
Fraser Roy K
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 Buyer Sale Price Title Company
Jordan Real Estate Llc -- None Listed On Document
Jordan Forrest $92,000 --
Elf Properties Llc $16,000 --
Peterson Jeffrey C $28,900 --
Riley John D $3,500 --
Fraser Roy K $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Forrest $73,600
Previous Owner Peterson Jeffrey C $65,250
Previous Owner Elf Properties Llc $28,900
Previous Owner Peterson Jeffrey C $28,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $92,000 0.0% $33 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $92,000 -- $33 / 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 $1,504 $20,740 -- --
2022 $1,034 $14,260 $2,960 $11,300
2021 $1,146 $15,800 $2,960 $12,840
2020 $1,089 $15,020 $2,960 $12,060
2019 $1,146 $15,800 $0 $0
2018 $0 $13,460 $0 $0
2017 $0 $13,460 $0 $0
2016 $0 $12,720 $0 $0
2015 -- $13,460 $0 $0
2014 $461 $12,340 $0 $0
2013 $461 $12,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1333512

Greater Alabama MLS

APN: 23-00-08-3-023-002.000