4641 Terrace R Birmingham, AL 35208
Central Park Neighborhood
3
Beds
2
Baths
1,290
Sq Ft
6,970
Sq Ft Lot
Highlights
- Solid Surface Countertops
- Central Heating and Cooling System
- Carpet
- 1-Story Property
- Wood Burning Fireplace
About This Home
As of January 2025Great Investment Opportunity! Property is currently occupied and rented out at $875 per month. Part of an 11-property rental portfolio. Reach out to listing agent for full list.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,682
Year Built
- Built in 1925
Lot Details
- 6,970 Sq Ft Lot
Parking
- Driveway
Interior Spaces
- 1,290 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Wood Burning Fireplace
- Brick Fireplace
- Living Room with Fireplace
- Carpet
- Crawl Space
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Schools
- Central Park Elementary School
- Green Acres Middle School
- Jackson-Olin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 29-00-07-1-011-013.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2024
Closed on
Jan 31, 2025
Sold by
Real Property Investor Strategies Llc
Bought by
Knight Amy
Seller's Agent
Devin Cordell
Kelly Right Real Estate of Ala
Buyer's Agent
Ravinell Wilson
Trading Earth, Inc.
List Price
$60,000
Sold Price
$56,000
Premium/Discount to List
-$4,000
-6.67%
Views
2460
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
$17,214
Avg. Annual Appreciation
65.82%
Original Mortgage
$55,250
Outstanding Balance
$55,158
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$18,056
Purchase Details
Listed on
Sep 18, 2023
Closed on
Feb 20, 2024
Sold by
Bromfield Homes Alabama Llc
Bought by
Chunn Properties Llc
Seller's Agent
Danny Gonzalez
Real Broker LLC
Buyer's Agent
Lindsey Barefoot
Barrington Real Estate
List Price
$65,000
Sold Price
$34,000
Premium/Discount to List
-$31,000
-47.69%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.39%
Original Mortgage
$27,200
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 18, 2023
Closed on
Feb 8, 2024
Sold by
Bromfield Homes Alabama Llc
Bought by
Chunn Properties Llc
Seller's Agent
Danny Gonzalez
Real Broker LLC
Buyer's Agent
Lindsey Barefoot
Barrington Real Estate
List Price
$65,000
Sold Price
$34,000
Premium/Discount to List
-$31,000
-47.69%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,200
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 8, 2022
Closed on
Apr 8, 2022
Sold by
Southern Affordable Properties Llc
Bought by
Bromfield Homes Alabama Llc
Seller's Agent
Steve Parker
Keller Williams Realty Hoover
Buyer's Agent
Codi Feltman
eXp Realty, LLC Central
List Price
$85,000
Sold Price
$74,290
Premium/Discount to List
-$10,710
-12.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.61%
Purchase Details
Listed on
Oct 15, 2018
Closed on
Mar 7, 2019
Sold by
Mictif Llc
Bought by
Southern Affordable Properties Llc
Seller's Agent
Ann Lloyd
NextHome Heritage
Buyer's Agent
Steve Parker
Keller Williams Realty Hoover
List Price
$39,000
Sold Price
$22,000
Premium/Discount to List
-$17,000
-43.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.26%
Purchase Details
Closed on
Jun 2, 2017
Sold by
Wahl Michael S
Bought by
Mictif Llc
Purchase Details
Closed on
Aug 4, 2016
Sold by
Gilbert Tony
Bought by
Wahl Michael S and Wahl Helena T
Purchase Details
Closed on
Jul 6, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gilbert Tony B
Purchase Details
Closed on
Feb 2, 2007
Sold by
Golden Gate Usa Llc
Bought by
Waire Elzie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2001
Sold by
Emunah Enterprises Llc
Bought by
Gooden Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,287
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 26, 2001
Sold by
Residential Funding Corp
Bought by
Interbay Funding Llc and First Union National Bank
Purchase Details
Closed on
Jun 28, 2000
Sold by
Sutton Angela D
Bought by
Residential Funding Corp
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 | $55,250 | -- | |
| Warranty Deed | $357,000 | None Listed On Document | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $34,000 | None Listed On Document | |
| Warranty Deed | $694,000 | -- | |
| Warranty Deed | $22,000 | -- | |
| Warranty Deed | $15,500 | -- | |
| Warranty Deed | $15,500 | -- | |
| Special Warranty Deed | $11,050 | First American Title Company | |
| Warranty Deed | $69,000 | None Available | |
| Warranty Deed | $78,500 | -- | |
| Quit Claim Deed | $6,433 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $55,250 | New Conventional | |
| Closed | $55,250 | New Conventional | |
| Previous Owner | $27,200 | New Conventional | |
| Previous Owner | $30,500 | New Conventional | |
| Previous Owner | $69,000 | Purchase Money Mortgage | |
| Previous Owner | $77,287 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $56,000 | -6.7% | $43 / Sq Ft |
| 11/19/2024 11/19/24 | For Sale | $60,000 | +76.5% | $47 / Sq Ft |
| 02/07/2024 02/07/24 | Sold | $34,000 | -38.2% | $24 / Sq Ft |
| 11/02/2023 11/02/23 | Price Changed | $55,000 | -15.4% | $38 / Sq Ft |
| 09/18/2023 09/18/23 | For Sale | $65,000 | -12.5% | $45 / Sq Ft |
| 04/08/2022 04/08/22 | Sold | $74,290 | -12.6% | $58 / Sq Ft |
| 03/05/2022 03/05/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $85,000 | +286.4% | $66 / Sq Ft |
| 03/07/2019 03/07/19 | Sold | $22,000 | -43.6% | $17 / Sq Ft |
| 01/19/2019 01/19/19 | Pending | -- | -- | -- |
| 10/15/2018 10/15/18 | For Sale | $39,000 | -- | $30 / 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 | $1,682 | $23,200 | -- | -- |
| 2022 | $1,276 | $17,600 | $3,020 | $14,580 |
| 2021 | $1,267 | $17,480 | $3,020 | $14,460 |
| 2020 | $1,267 | $17,480 | $3,020 | $14,460 |
| 2019 | $1,267 | $17,480 | $0 | $0 |
| 2018 | $1,074 | $14,820 | $0 | $0 |
| 2017 | $1,074 | $14,820 | $0 | $0 |
| 2016 | $948 | $13,080 | $0 | $0 |
| 2015 | $1,074 | $14,820 | $0 | $0 |
| 2014 | $892 | $14,600 | $0 | $0 |
| 2013 | $892 | $14,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Devin Cordell
Kelly Right Real Estate of Ala
(843) 694-1893
3 in this area
19 Total Sales
-
R
Buyer's Agent in 2025
Ravinell Wilson
Trading Earth, Inc.
(205) 790-2009
5 in this area
176 Total Sales
-
Seller's Agent in 2024
Danny Gonzalez
Real Broker LLC
(205) 315-0054
3 in this area
27 Total Sales
-
L
Buyer's Agent in 2024
Lindsey Barefoot
Barrington Real Estate
(205) 767-5534
1 in this area
28 Total Sales
-
Seller's Agent in 2022
Steve Parker
Keller Williams Realty Hoover
(205) 383-5819
3 in this area
603 Total Sales
-
Seller Co-Listing Agent in 2022
Jerry Sager
Keller Williams Realty Hoover
(205) 441-1112
3 in this area
643 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21403243
APN: 29-00-07-1-011-013.000
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