NOT LISTED FOR SALE

5025 Falling Creek Ln Birmingham, AL 35235

Estimated Value: $114,000 - $133,000

2 Beds
1.5 Baths
1,094 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $123,000 $112 Per Sq Ft

Current estimated payment $718/month

4 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • Attic
  • Bay Window
  • Laundry Room

About This Home

As of March 2024

Come check out this turnkey Townhome. Tenant in place paying $1150/month. This property hits the 1% rule. If you are looking for your next investment opportunity to add to your portfolio, you do not want to miss this!

Last Agent to Sell the Property

Clay Collins

Evernest Too License #136614 Listed on: 03/08/2024

Last Buyer's Agent

Catherine Singletary

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $598

Year Built

  • Built in 2000

Lot Details

  • 2,439

Parking

  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Bay Window
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Pinson Elementary School
  • Rudd Middle School
  • Pinson Valley High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Patio
  • Fenced Yard

Community Details

  • $17 Other Monthly Fees

Listing and Financial Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$598

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21379121?w=PubMLS
  • Living Area: 1094
  • Legal Description: LOT 7 RESURVEY OF LOTS 1 THRU 8 GRAYSON VALLEY TOWNHOUSES NORTH SECTOR MAP OF INTENT 201/52
  • List Price per Sq Ft: 105.12
  • Number Levels: 2+ Story
  • Property Type: Townhouse
  • Year Built Description: Existing
  • Year Built: 2000
  • Price Per Sq Ft: 112.43
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2000

Interior Features

  • Interior Amenities: Bay Window
  • Floors: Carpet, Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|HalfBath1|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Bedroom, On Level: 2
  • Room 5: Bedroom, On Level: 2
  • Room 6: Full Bath, On Level: 2
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Main Level Sq Ft: 536
  • Upper Level Sq Ft: 558

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1094

Fee Information

  • Fire Fee: Yes
  • Fire Fee Amount: 200
  • Fire Fee Per: Yearly

Schools

  • Elementary School: PINSON
  • Middle School: RUDD
  • High School: PINSON VALLEY

Lot Info

  • Assessor Parcel Number: 12-00-10-3-008-038.016

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 598

MLS Schools

  • Elementary School: PINSON
  • High School: PINSON VALLEY
  • Jr Middle School: RUDD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 3, 2024
Sold by
Bateman Eric
Bought by
Nunez Edgar
Seller's Agent
Clay Collins
Evernest Too
Buyer's Agent
Catherine Singletary
Keller Williams Realty Vestavia
List Price
$115,000
Sold Price
$123,000
Premium/Discount to List
$8,000
6.96%
Views
115
Current Estimated Value
$122,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$329
Avg. Annual Appreciation
1.41%

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 20, 2024
Sold by
Bateman Eric and Bateman Lisa
Bought by
Nunez Edgar
Seller's Agent
Clay Collins
Evernest Too
Buyer's Agent
Catherine Singletary
Keller Williams Realty Vestavia
List Price
$115,000
Sold Price
$123,000
Premium/Discount to List
$8,000
6.96%
Views
115

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 1, 2019
Sold by
Benedict Eric Lynn
Bought by
Bateman Eric and Bateman Lisa
Seller's Agent
Tami Hallman
Keller Williams Realty Vestavia
Buyer's Agent
Ben Preston
LAH Sotheby's International Realty Hoover
List Price
$84,900
Sold Price
$82,900
Premium/Discount to List
-$2,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$62,175
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Benedict Nichole Renea
Bought by
Benedict Eric Lynn

Purchase Details

Closed on
Nov 8, 2002
Sold by
Gibson Melissa
Bought by
Benedict Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Warwick Development Company Inc
Bought by
Gibson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.94%
Source: Public Records

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
Nunez Edgar $123,000 --
Nunez Edgar $123,000 None Listed On Document
Bateman Eric $82,900 --
Benedict Eric Lynn -- --
Benedict Eric $81,900 --
Gibson Melissa $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bateman Eric $62,175
Previous Owner Benedict Eric $18,500
Previous Owner Benedict Eric $81,900
Previous Owner Gibson Melissa $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $123,000 +7.0% $112 / Sq Ft
03/08/2024 03/08/24 For Sale $115,000 +38.7% $105 / Sq Ft
07/01/2019 07/01/19 Sold $82,900 -2.4% $76 / Sq Ft
05/23/2019 05/23/19 For Sale $84,900 -- $78 / 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 $598 $10,640 -- --
2022 $529 $21,100 $2,400 $18,700
2021 $450 $17,940 $2,400 $15,540
2020 $421 $16,780 $2,400 $14,380
2019 $347 $7,980 $0 $0
2018 $370 $8,440 $0 $0
2017 $370 $8,440 $0 $0
2016 $370 $8,440 $0 $0
2015 $370 $8,440 $0 $0
2014 $340 $7,740 $0 $0
2013 $340 $7,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21379121

Greater Alabama MLS

APN: 12-00-10-3-008-038.016