NOT LISTED FOR SALE

503 8th Ave Birmingham, AL 35228

Estimated Value: $65,000 - $75,872

3 Beds
2 Baths
1,218 Sq Ft
$58/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $59,000 $48 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $472/month

19 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Air
  • Attic
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of September 2023

Check out this investment opportunity! This home is part of a 7-home portfolio offered together for $499,000. The possibilities and potential for these properties are endless. All properties are currently tenant occupied, and showings and inspection will be scheduled after the accepted offer. Please do not disturb the tenants. All properties are being sold As Is. The current rent for this property is $950/month. This is an awesome opportunity to add to your portfolio, which includes cash-flowing properties! Take a look at all of the homes in this portfolio! MLS: 1357373, 1357376, 1357379, 1357383, 1357386, 1357393 & 1357396

Last Agent to Sell the Property

Emily Grace Hoppes

Keller Williams Homewood Listed on: 06/19/2023

Keller Williams Homewood

Co-Listed By

Gusty Gulas

eXp Realty, LLC Central

Last Buyer's Agent

Frank Jackson

Avast Realty- Birmingham

Avast Realty- Birmingham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Front Facing Garage
  • Driveway

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Laminate Countertops
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Schools

  • Midfield Elementary School
  • Rutledge Middle School
  • Midfield High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1357376?w=PubMLS
  • Living Area: 1218
  • Legal Description: LOT 5 BL 5 WILKES ADD TO FAIRFIELD HGLDS
  • List Price per Sq Ft: 58.53
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1944
  • Price Per Sq Ft: 48.44
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1944

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|Bedroom1|Bedroom1|FullBath1|FullBath1|Kitchen1|Living/Din1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Living/Dining, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Unfinished Basement Sq Ft: 390
  • Main Level Sq Ft: 1218

Exterior Features

  • Construction: Siding-Other
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Basement Parking, Driveway Parking

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1218

Schools

  • Elementary School: MIDFIELD
  • Middle School: RUTLEDGE
  • High School: MIDFIELD

Lot Info

  • Assessor Parcel Number: 30-00-22-4-019-002.000
  • Number Acres: 0.16

Tax Info

  • Tax District: MIDFIELD
  • Annual Tax: 925

MLS Schools

  • Elementary School: MIDFIELD
  • High School: MIDFIELD
  • Jr Middle School: RUTLEDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Sarno Investment Group Llc
Bought by
Kd Estate 101 Llc
Current Estimated Value
$71,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Outstanding Balance
$61,946
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Estimated Equity
$9,272

Purchase Details

Closed on
Dec 1, 2023
Sold by
Sarno William
Bought by
Sarno Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,290
Interest Rate
7.79%

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 28, 2023
Sold by
Edwards Joel
Bought by
Sarno Investment Group Llc
Seller's Agent
Emily Grace Hoppes
Keller Williams Homewood
Buyer's Agent
Frank Jackson
Avast Realty- Birmingham
List Price
$71,285
Sold Price
$59,000
Premium/Discount to List
-$12,285
-17.23%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Guardian Fund Llc
Bought by
Edwards Joel A

Purchase Details

Closed on
Mar 13, 2019
Sold by
Home Partners Llc
Bought by
Guardian Fund Llc

Purchase Details

Listed on
Apr 19, 2018
Closed on
Aug 15, 2018
Sold by
A & J Investments Llc
Bought by
Home Partners Llc
Seller's Agent
David Watts
Watts Realty Co Inc
Buyer's Agent
Scott Deaton
Deaton Realty LLC
List Price
$49,000
Sold Price
$29,500
Premium/Discount to List
-$19,500
-39.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Mar 29, 2004
Sold by
Huey Vicki Jane
Bought by
Hayes Helen Paulette Huey
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
Kd Estate 101 Llc $70,000 None Listed On Document
Sarno Investment Group Llc $67,600 Vantage Point Title
Sarno William $68,000 Vantage Point Title
Sarno Investment Group Llc $118,000 --
Edwards Joel A $336,108 --
Guardian Fund Llc -- --
Home Partners Llc $29,500 --
Hayes Helen Paulette Huey $25,000 --
Huey Vicki Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kd Estate 101 Llc $62,500
Previous Owner Sarno William $59,290
Previous Owner Sarno William $59,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $59,000 -17.2% $48 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $71,285 +141.6% $59 / Sq Ft
08/15/2018 08/15/18 Sold $29,500 -15.7% $24 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $35,000 -10.3% $29 / Sq Ft
06/21/2018 06/21/18 Price Changed $39,000 -11.4% $32 / Sq Ft
05/31/2018 05/31/18 Price Changed $44,000 -10.2% $36 / Sq Ft
04/19/2018 04/19/18 For Sale $49,000 -- $40 / 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 $1,013 $12,920 -- --
2022 $924 $12,340 $2,040 $10,300
2021 $825 $11,000 $2,040 $8,960
2020 $840 $11,000 $2,040 $8,960
2019 $832 $10,080 $0 $0
2018 $714 $8,660 $0 $0
2017 $714 $8,660 $0 $0
2016 $714 $8,660 $0 $0
2015 $714 $8,660 $0 $0
2014 $911 $11,880 $0 $0
2013 $911 $13,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1357376

Greater Alabama MLS

APN: 30-00-22-4-019-002.000