NOT LISTED FOR SALE

503 8th St S Bessemer, AL 35020

Estimated Value: $118,000 - $154,000

3 Beds
1 Bath
1,152 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $118,500 $103 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $820/month

Highlights

  • Covered Deck
  • Workshop
  • Fenced Yard
  • Screened Porch
  • Stainless Steel Appliances
  • 2 Car Detached Garage

About This Home

As of May 2022

3 bedroom 1 bath with separate 2 car garage with workshop. Roof 7.5 years old and new water heater with 6 year warranty. New doors, sheetrock and paint. New gutters, new laminate floors, light fixtures, vanity in bath, new window casings. Kitchen has new cabinets, counters, and appliances. Some new landscaping. Porch, rail, and shutters have new paint. Buyers to verify things of importance... taxes, schools, square footage etc. Professional pics Friday.

Last Agent to Sell the Property

Lisa Day

RealtySouth-OTM-Acton Rd Listed on: 04/18/2022

RealtySouth-OTM-Acton Rd

Last Buyer's Agent

Clay Collins

Evernest Too License #136614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Workshop
  • Screened Porch
  • Utility Room Floor Drain
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Covered Deck
  • Screened Deck
  • Patio

Schools

  • Jonesboro Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1315922?w=PubMLS
  • Living Area: 1152
  • Legal Description: DIST:052-0000 city/muni/Twp: Bessemer subd. Tenn ld Co 2 AD to BESS Sec/Twn/Rng?mer-Sec 16 Twn 19s RNG 04W NW 61 FT OF 5 BL 6 TENN LD COS 2nd ADD TO BESS MAP REF:MB 1005 PG 6
  • List Price per Sq Ft: 108.42
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1954
  • Price Per Sq Ft: 102.86
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Amenities: Workshop (INT)
  • Floors: Hardwood Laminate, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Kitchen1|Laundry1|Bedroom1|FullBath1|Bedroom1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Laundry, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Oven-Electric, Self-Cleaning, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Unfinished Basement Sq Ft: 864
  • Main Level Sq Ft: 1152

Exterior Features

  • Patio: Yes
  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK), Screened (DECK)
  • Exterior Features: Fenced Yard, Storage Building, Workshop (EXTR), Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Detached, Driveway Parking

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1152

Schools

  • Elementary School: JONESBORO
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 38-00-16-1-037-006.000
  • Number Acres: 0.27

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 640

MLS Schools

  • Elementary School: JONESBORO
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Landa Properties Llc
Bought by
Landa App 2 Llc-503 8Th Street South Bessemer and 503 8Th Street South Bessemer Al Llc
Current Estimated Value
$130,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 17, 2022
Sold by
Smith Ciera
Bought by
Landa Properties Llc
Seller's Agent
Lisa Day
RealtySouth-OTM-Acton Rd
Buyer's Agent
Clay Collins
Evernest Too
List Price
$124,900
Sold Price
$118,500
Premium/Discount to List
-$6,400
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$92,800
Interest Rate
5%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Dec 1, 2020
Closed on
Aug 20, 2021
Sold by
Lykes Mary M
Bought by
Smith Cierra and Boglin Chris
Seller's Agent
Mo Deeb
Mo Deeb Realty Group
Buyer's Agent
Lisa Day
RealtySouth-OTM-Acton Rd
List Price
$79,000
Sold Price
$63,000
Premium/Discount to List
-$16,000
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.19%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Lykes Jimmy
Bought by
Lykes Mary M

Purchase Details

Closed on
Jul 15, 2004
Sold by
Lykes Mary
Bought by
Lykes Mary and Lykes Jimmy

Purchase Details

Closed on
Apr 23, 1998
Sold by
Landreth Terry B and Helen Jo
Bought by
Lykes Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,296
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Landa App 2 Llc-503 8Th Street South Bessemer $118,500 Bchh Title
Landa Properties Llc $118,500 --
Smith Cierra $63,000 --
Lykes Mary M -- --
Lykes Mary $500 --
Lykes Mary M $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Landa App 2 Llc-503 8Th Street South Bessemer $87,000
Previous Owner Landa Properties Llc $92,800
Previous Owner Lykes Mary $30,000
Previous Owner Lykes Mary M $45,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $118,500 -5.1% $103 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $124,900 +98.3% $108 / Sq Ft
08/20/2021 08/20/21 Sold $63,000 -10.0% $55 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/28/2021 06/28/21 Price Changed $70,000 -9.1% $61 / Sq Ft
02/03/2021 02/03/21 Price Changed $77,000 -2.5% $67 / Sq Ft
12/01/2020 12/01/20 For Sale $79,000 -- $69 / 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 $1,458 $21,220 -- --
2022 $1,305 $19,000 $740 $18,260
2021 $0 $10,320 $740 $9,580
2020 $0 $10,320 $740 $9,580
2019 $237 $5,160 $0 $0
2018 $237 $4,220 $0 $0
2017 $0 $4,220 $0 $0
2016 -- $4,220 $0 $0
2015 -- $4,220 $0 $0
2014 $334 $4,880 $0 $0
2013 $334 $4,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1315922

Greater Alabama MLS

APN: 38-00-16-1-037-006.000