NOT LISTED FOR SALE

407 S 8th St Unit ABC Opelika, AL 36801

Estimated Value: $404,000 - $517,000

4 Beds
2 Baths
2,647 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $440,000 $166 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,901/month

179 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Outdoor Storage
  • Opelika High School Rated A-
  • No HOA
  • 4-minute walk to The Courtyard and Fountain

About This Home

As of April 2023

Unit have separate water, gas and power meters.Units B and C have renewed leases for 1year in December 2022. Unit A which is the largest unit is a month to month lease.

Last Agent to Sell the Property

HAYLEY REAL ESTA TEAM

HAYLEY ENTERPRISES Listed on: 07/16/2022

Last Buyer's Agent

HAYLEY REAL ESTA TEAM

HAYLEY ENTERPRISES Listed on: 07/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,713

Year Built

  • Built in 1900

Lot Details

  • 0.32

Home Design

  • Asbestos

Interior Spaces

  • 2,647 Sq Ft Home
  • 1-Story Property
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Jeter/Morris Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.32 Acre Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • Grant Survey Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,713

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Subdivision Name: GRANT SURVEY
  • Directions: From 2nd. Ave. go south on 8th Street, go past 1st Baptist church, signs house will be on right.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: None
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Attic
  • Living Area: 2647.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: < 1/2 Acre
  • Construction Type: Asbestos, Other, See Remarks
  • Exterior Features: Storage

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

  • Elementary School: JETER/MORRIS
  • Middle Or Junior School: JETER/MORRIS

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Water

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Marsh Real Estate Investments
Bought by
Dow Diane
Current Estimated Value
$473,322
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dow Diane $165,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $440,000 -23.5% $166 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
07/16/2022 07/16/22 For Sale $575,000 -- $217 / Sq Ft
Source: Lee County Association of REALTORS®

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 $3,713 $68,768 $12,480 $56,288
2023 $3,713 $45,024 $12,000 $33,024
2022 $2,431 $45,020 $0 $0
2021 $1,255 $16,662 $1,560 $15,102
2020 $1,255 $16,662 $1,560 $15,102
2019 $1,104 $14,790 $1,560 $13,230
2018 $1,042 $20,280 $0 $0
2015 $838 $16,500 $0 $0
2014 $838 $16,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lee County Association of REALTORS®

MLS Number: 158279

APN: 10-03-07-4-001-072.000