NOT LISTED FOR SALE

4705 4th Ave S Birmingham, AL 35222

East Avondale Neighborhood

Estimated Value: $93,000 - $390,000

4 Beds
4 Baths
2,800 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $417,000 $149 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $1,419/month

About This Home

As of September 2020

This is two duplexes each with two one bedroom apartments. So the entire property will have 4 one bedroom apts. These apartments have been rented out as short term/AirBnB rentals for the last 3 years. They can easily be rented as regular annual rentals.

Last Agent to Sell the Property

Gayle Belcher

Kahn Properties, Inc. License #26622 Listed on: 06/15/2020

Last Buyer's Agent

Chris Vonderau

RE/MAX Advantage South

RE/MAX Advantage South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1945

Lot Details

  • 4,008

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Siding
  • Concrete Block And Stucco Construction

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Water Heater

Additional Features

  • Crawl Space
  • Barbecue Area

Listing and Financial Details

  • Tenant pays for all utilities (tenant), cable/tv connect (tenant), electric (tenant), hot water (tenant), water/sewer (tenant)
  • The owner pays for all utilities (owner), cable/tv connect (owner), electric (owner), hot water (owner), water/sewer (owner)

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $38,136
  • Gross Income $83,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Quadplex
  • Termite Company Name: Waynes
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1945
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Floors: Some Hardwood, Tile, Vinyl
  • Miscellaneous: BBQ Area

Exterior Features

  • Construction: Concrete/Block, Frame, Shingle, Siding
  • Foundation: Crawl Space
  • Water Heater: Individual Control, Electric (WTRHTR)

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: AVONDALE
  • Middle School: AVONDALE
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-28-2-034-004.002

Rental Info

  • Owner Pays: All Utilities (OWNER), Cable/TV Connect (OWNER), Electric (OWNER), Hot Water (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: All Utilities (TENANT), Cable/TV Connect (TENANT), Electric (TENANT), Hot Water (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 3400

Multi Family

  • Expenses: 38136
  • Gross Income: 83387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 1, 2020
Sold by
Sea Series Llc
Bought by
Multi Family Matters Llc
Seller's Agent
Gayle Belcher
Kahn Properties, Inc.
Buyer's Agent
Chris Vonderau
RE/MAX Advantage South
List Price
$495,000
Sold Price
$417,000
Premium/Discount to List
-$78,000
-15.76%
Current Estimated Value
$239,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,783
Avg. Annual Appreciation
-11.27%
Original Mortgage
$324,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 25, 2017
Sold by
Marinakis Andreas George
Bought by
Sea Series Llc Series Bungalow
Seller's Agent
Blake Baxter
ARC Realty
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$99,900
Sold Price
$87,500
Premium/Discount to List
-$12,400
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.08%
Original Mortgage
$148,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2010
Sold by
The Bank Of New York Mellon
Bought by
Marinakis Andreas George

Purchase Details

Closed on
Aug 25, 2008
Sold by
Mcdaniel Donna G and Mcdaniel Charles W
Bought by
The Bank Of New York

Purchase Details

Closed on
Jul 6, 2006
Sold by
Cwm Properties Llc
Bought by
Mcdaniel Charles W and Mcdaniel Donna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Multi Family Matters Llc $417,000 --
Sea Series Llc Series Bungalow $175,000 --
Marinakis Andreas George $7,900 None Available
The Bank Of New York $25,500 None Available
Mcdaniel Charles W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Multi Family Matters Llc $324,000
Previous Owner Sea Series Llc Series Bungalow $148,750
Previous Owner Mcdaniel Charles W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $417,000 -15.8% $149 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $495,000 +465.7% $177 / Sq Ft
09/25/2017 09/25/17 Sold $87,500 -12.4% $76 / Sq Ft
08/16/2017 08/16/17 For Sale $99,900 -- $87 / 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 $1,728 $23,840 -- --
2022 $1,514 $20,880 $9,040 $11,840
2021 $1,514 $20,880 $9,040 $11,840
2020 $426 $5,880 $2,720 $3,160
2019 $426 $5,880 $0 $0
2018 $347 $4,780 $0 $0
2017 $347 $4,780 $0 $0
2016 $347 $4,780 $0 $0
2015 $347 $4,780 $0 $0
2014 $329 $4,740 $0 $0
2013 $329 $4,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gayle Belcher

    Kahn Properties, Inc.

    Section Image
  • Chris Vonderau

    Buyer's Agent in 2020

    Chris Vonderau

    RE/MAX

    (205) 966-1364

    135 Total Sales

    Chris Vonderau
    Section Image

  • B

    Seller's Agent in 2017

    Blake Baxter

    ARC Realty

    Section Image

  • M

    Buyer's Agent in 2017

    MLS Non-member Company

    Birmingham Non-Member Office

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 886229

Greater Alabama MLS

APN: 23-00-28-2-034-004.002

Alabama Jefferson County Birmingham 35222 East Avondale

4705 4th Ave S, Birmingham, AL

This home is located at 4705 4th Ave S, Birmingham, AL 35222 since 15 June 2020 and is currently estimated at $239,217, approximately $85 per square foot. This property was built in 1945. 4705 4th Ave S is a home located in Jefferson County with nearby schools including Avondale Elementary School, W.E. Putnam Middle School Magnet, and Woodlawn High School-Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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