NOT LISTED FOR SALE

Estimated Value: $264,000 - $289,000

4 Beds
2 Baths
1,554 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $265,000 $171 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,689/month

32 Days on Market

About This Home

As of March 2023

Rare opportunity to buy a turnkey duplex in Avondale East! This brick corner- lot duplex features identical mirror image floorplans with 2beds/1bath per unit. Perfect for renters or Airbnb! Proven Airbnb nightly rate is $65+ per night per side and location is hotspot for traveling nurses. This rare, investment opportunity with projected cap rates of 10%+ is located just minutes from Cahaba Brewery, Avondale Brewery, restaurants, Avondale Park, and the Rotary Trail. Prior buyer performed inspection but backed out of contract due to financing.

Last Listed By

Grace Anli Snyder

RealtySouth-Homewood Listed on: 08/11/2022

RealtySouth-Homewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1973

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Schools

  • Avondale Elementary School
  • Putnam Middle School
  • Woodlawn High School

Utilities

  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,356

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1330748?w=PubMLS
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1973
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Floors: Laminate, Tile, Wall-to-Wall Carpet
  • Miscellaneous: Pets Allowed

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Water Heater: Individual Control, Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Individual Units (HEAT)
  • Cooling: Individual Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-28-2-034-004.003

Rental Info

  • Owner Pays: All Utilities (OWNER)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1356

MLS Schools

  • Elementary School: AVONDALE
  • High School: WOODLAWN
  • Jr Middle School: PUTNAM, W E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Mar 3, 2023
Sold by
Vance Clay
Bought by
Holley Davis Kale
Seller's Agent
Grace Anli Snyder
RealtySouth-Homewood
Buyer's Agent
Benjamin Hedden
Bham Realty, LLC
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Total Days on Market
32
Current Estimated Value
$273,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,416
Avg. Annual Appreciation
1.44%
Original Mortgage
$195,000
Outstanding Balance
$189,955
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$83,461

Purchase Details

Closed on
Feb 26, 2010
Sold by
Pesterfield Jason A
Bought by
Vance Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 28, 2009
Sold by
Brooks Sean D
Bought by
Pesterfield Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

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
Holley Davis Kale $260,000 --
Vance Clay $4,000 Alabama Title Co Inc
Pesterfield Jason A $45,630 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holley Davis Kale $195,000
Previous Owner Vance Clay $11,000
Previous Owner Brooks Sean D $35,000
Previous Owner Mcdaniel Charles W $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $265,000 -10.2% $171 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/28/2022 08/28/22 Price Changed $295,000 +9.3% $190 / Sq Ft
08/11/2022 08/11/22 For Sale $270,000 -- $174 / 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 $1,892 $31,900 -- --
2022 $1,354 $18,680 $2,200 $16,480
2021 $1,354 $18,680 $2,200 $16,480
2020 $1,354 $18,680 $2,200 $16,480
2019 $1,354 $18,680 $0 $0
2018 $947 $13,060 $0 $0
2017 $947 $13,060 $0 $0
2016 $0 $13,060 $0 $0
2015 -- $13,060 $0 $0
2014 $894 $12,860 $0 $0
2013 $894 $12,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1330748

Greater Alabama MLS

APN: 23-00-28-2-034-004.003