NOT LISTED FOR SALE

424 Skyview Dr Unit A Birmingham, AL 35209

Estimated Value: $69,268 - $84,000

3 Beds
3 Baths
2,160 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $201,000 $93 Per Sq Ft

Current estimated payment $475/month

82 Days on Market

About This Home

As of August 2024

Investor opportunity to own 3 units in the Skyview condo community. One unit is occupied and two units are rent-ready. The Skyview condominiums are located in the heart of the city and have easy access to retail, downtown and the highway. Recently renovated. This unit is move-in ready with all the amenities and convenience one would expect. Perfect for a student or someone who wants to live close to the city. Occupied unit has tenants with good track record and potential to increase rents. 424 Skyview D - Occupied. $850/month. 420 Skyview A - Vacant. $950-$1000/month potential rental income. 400 Skyview D - Vacant. $950-$1000/month potential rental income.

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 04/12/2024

Keller Williams Homewood

Last Buyer's Agent

Vicki Lugar

ARC Realty - Hoover

ARC Realty - Hoover

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $900

Year Built

  • Built in 1980

Lot Details

  • 13.18

Parking

  • On-Street Parking

Home Design

  • Siding

Schools

  • Glen Iris Elementary School
  • Arrington Middle School
  • Carver High School

Additional Features

  • Vinyl Flooring
  • Crawl Space
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $11,340
  • Gross Income $30,300

Property Details

Home Type

Apartment

Est. Annual Taxes

$900

Year Built

Built in 1980

Lot Details

13.18 Acres

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Floors: Vinyl

Exterior Features

  • Construction: Siding
  • Foundation: Crawl Space
  • Water Heater: Central Control (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: 29-00-15-1-004-003.432

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 900

Multi Family

  • Expenses: 11340
  • Gross Income: 30300

MLS Schools

  • Elementary School: GLEN IRIS
  • High School: CARVER, G W
  • Jr Middle School: ARRINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Drum Management Llc
Bought by
Naranje Sameer Mahadeorao
Current Estimated Value
$74,817

Purchase Details

Closed on
Mar 4, 2019
Sold by
Branch Jack
Bought by
Drum Management Llc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Skalka Harold and Skalka Barbara Jean
Bought by
Branch Jack Oneal

Purchase Details

Closed on
May 28, 1998
Sold by
Schumacher Schumacher Jeanne
Bought by
Skalka Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Naranje Sameer Mahadeorao -- --
Drum Management Llc $400,000 --
Branch Jack Oneal $33,000 --
Skalka Harold $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skalka Harold $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $201,000 -6.9% $93 / Sq Ft
05/30/2024 05/30/24 Price Changed $216,000 -2.7% $100 / Sq Ft
04/12/2024 04/12/24 For Sale $222,000 -- $103 / 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
2025 $1,030 $14,200 -- $14,200
2024 $1,030 $14,200 -- $14,200
2022 $848 $5,520 $0 $5,520
2021 $419 $5,520 $0 $5,520
2020 $419 $5,520 $0 $5,520
2019 $339 $4,680 $0 $0
2018 $419 $5,780 $0 $0
2017 $419 $5,780 $0 $0
2016 $473 $6,520 $0 $0
2015 $473 $6,520 $0 $0
2014 $559 $6,440 $0 $0
2013 $559 $6,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21382573

Greater Alabama MLS

APN: 29-00-15-1-004-003.432

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