424 Skyview Dr Unit A Birmingham, AL 35209
3
Beds
3
Baths
2,160
Sq Ft
13
Acres
About This Home
As of August 2024Investor 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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $900
Year Built
- Built in 1980
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
Aug 22, 2024
Sold by
Drum Management Llc
Bought by
Wong Angus
Seller's Agent
Todd Helzer
Sandbox Realty, LLC
Buyer's Agent
Vicki Lugar
ARC Realty - Hoover
List Price
$222,000
Sold Price
$201,000
Premium/Discount to List
-$21,000
-9.46%
Total Days on Market
82
Views
292
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,615
Avg. Annual Appreciation
-76.53%
Original Mortgage
$51,200
Outstanding Balance
$47,810
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$18,022
Purchase Details
Closed on
Apr 10, 2024
Sold by
Drum Management Llc
Bought by
Naranje Sameer Mahadeorao
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%
Similar Homes in Birmingham, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $64,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $400,000 | -- | |
| Warranty Deed | $33,000 | -- | |
| Warranty Deed | $31,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $51,200 | New Conventional | |
| Previous Owner | $53,000 | Construction | |
| Previous Owner | $28,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $905 | $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
-
Todd Helzer
Seller's Agent in 2024
Todd Helzer
Sandbox Realty, LLC
(205) 616-5024
11 in this area
205 Total Sales
-
Vicki Lugar
Buyer's Agent in 2024
Vicki Lugar
ARC Realty - Hoover
(205) 563-3444
2 in this area
92 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21382573
APN: 29-00-15-1-004-003.432
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