NOT LISTED FOR SALE

505 Pine St SW Bessemer, AL 35022

Estimated Value: $65,000 - $129,000

3 Beds
1 Bath
1,194 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $50,000 $42 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $592/month

46 Days on Market

Highlights

  • 0.53 Acre Lot
  • Attic
  • Patio
  • Wood Flooring
  • Porch
  • Laundry Room

About This Home

As of December 2020

This little home has a nice-sized lot and is on a quiet street with friendly neighbors. While the home needs a little TLC and updating, it has the original wood flooring and beautiful pine paneling throughout. Several updates were completed in 2008 (windows replaced, new metal Roof; central heat and air, and ceramic siding painted). Come check it out! It has all the makings of a great first-time home or investment property.

Last Agent to Sell the Property

Lyn Berry

eXp Realty, LLC Central Listed on: 09/12/2020

eXp Realty, LLC Central

Last Buyer's Agent

Lyn Berry

eXp Realty, LLC Central Listed on: 09/12/2020

eXp Realty, LLC Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1948

Lot Details

  • 0.53 Acre Lot

Parking

  • Driveway

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Crawl Space
  • Laminate Countertops
  • Attic

Flooring

  • Wood
  • Wood Under Carpet
  • Vinyl

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

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 38-00-20-2-010-026.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1194
  • Legal Description: LOTS 10 & 11 BLK 1 PINE CREST SUB
  • List Price per Sq Ft: 65.33
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1948
  • Price Per Sq Ft: 41.88
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Floors: Hardwood, Hardwood Under Carpet, Vinyl
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Main Level Sq Ft: 1194

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1194

Fee Information

  • Fire Fee: Included

Schools

  • Elementary School: MCADORY
  • Middle School: MCADORY
  • High School: MCADORY

Lot Info

  • Assessor Parcel Number: 38-00-20-2-010-026.000
  • Number Acres: 0.53

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Fgc Holdings Llc
Bought by
Carter Jack B
Current Estimated Value
$101,859

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
Outstanding Balance
$82,127
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$16,435

Purchase Details

Listed on
Sep 12, 2020
Closed on
Dec 2, 2020
Sold by
Edwards Janice Benton Estate
Bought by
Fgc Holdings Llc
Seller's Agent
Lyn Berry
eXp Realty, LLC Central
Buyer's Agent
Lyn Berry
eXp Realty, LLC Central
List Price
$85,000
Sold Price
$50,000
Premium/Discount to List
-$35,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
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
Carter Jack B -- --
Fgc Holdings Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Jack B $87,000
Previous Owner Fgc Holdings Llc $56,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $50,000 -35.9% $42 / Sq Ft
09/24/2020 09/24/20 Price Changed $78,000 -8.2% $65 / Sq Ft
09/12/2020 09/12/20 For Sale $85,000 -- $71 / 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 $454 $9,060 -- --
2022 $373 $14,860 $6,400 $8,460
2021 $0 $7,430 $3,200 $4,230
2020 $0 $7,430 $3,200 $4,230
2019 $0 $7,440 $0 $0
2018 $0 $6,700 $0 $0
2017 $0 $6,700 $0 $0
2016 -- $6,700 $0 $0
2015 -- $6,700 $0 $0
2014 $327 $6,540 $0 $0
2013 $327 $6,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 895400

Greater Alabama MLS

APN: 38-00-20-2-010-026.000