NOT LISTED FOR SALE

508 16th St SW Birmingham, AL 35211

Oakwood Place Neighborhood

Estimated Value: $46,000 - $65,000

4 Beds
1 Bath
1,616 Sq Ft
$34/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $47,500 $29 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $397/month

303 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 1-Story Property
  • Attic
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2024

Investors check out this property income producing property. Large home with 4 bedrooms and 1 bath. Nice sized kitchen with lots of cabinet space. Convenient to local shopping, schools, Downtown, and major interstates. Large fenced backyard. RENTED FOR $800/month with tenant in place ON MONTH TO MONTH....

Last Agent to Sell the Property

Brad Bozeman

ARC Realty Cahaba Heights Listed on: 06/27/2023

ARC Realty Cahaba Heights

Last Buyer's Agent

Bryan Welch

REALTYNET

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 7,841

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

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

Schools

  • West End Academy Elementary School
  • Jones Valley Middle School
  • Wenonah High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • 7,841 Sq Ft Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1358206?w=PubMLS
  • Living Area: 1616
  • Legal Description: LOTS 60 & 61 HEWES & BOOTH SUR OF WEST END
  • List Price per Sq Ft: 30.88
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1926
  • Price Per Sq Ft: 29.39
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Floors: Carpet, Hardwood, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, 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), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1616

Exterior Features

  • Construction: Siding-Vinyl
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1616

Schools

  • Elementary School: WEST END ACADEMY
  • Middle School: JONES VALLEY
  • High School: WENONAH

Lot Info

  • Assessor Parcel Number: 29-00-09-2-014-032.000
  • Number Acres: 0.18

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 918

MLS Schools

  • Elementary School: WEST END ACADEMY
  • High School: WENONAH
  • Jr Middle School: JONES VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
May 10, 2024
Sold by
Iron Properties I Llc
Bought by
Duke Properties Llc
Seller's Agent
Brad Bozeman
ARC Realty Cahaba Heights
Buyer's Agent
Bryan Welch
REALTYNET
List Price
$79,900
Sold Price
$47,500
Premium/Discount to List
-$32,400
-40.55%
Total Days on Market
303
Views
344
Current Estimated Value
$55,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,877
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Aug 10, 2022
Sold by
Iron Properties Llc
Bought by
Iron Properties I Llc

Purchase Details

Closed on
Dec 10, 2021
Sold by
Gjtnc Jv2 Llc
Bought by
Iron Properties Llc

Purchase Details

Closed on
Aug 27, 2021
Sold by
Linchpin Realty Llc
Bought by
Gjtnc Jv2 Llc

Purchase Details

Closed on
Jun 25, 2020
Sold by
Guy Terrell T
Bought by
Linchpin Realty Llc
Source: Public Records

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Range of Values:

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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
Duke Properties Llc $47,500 None Listed On Document
Iron Properties I Llc $741,200 --
Iron Properties Llc $50,000 --
Gjtnc Jv2 Llc $369,750 --
Linchpin Realty Llc $124,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Velma $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $47,500 -4.8% $29 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $49,900 -2.2% $31 / Sq Ft
04/03/2024 04/03/24 Price Changed $51,000 -11.3% $32 / Sq Ft
03/17/2024 03/17/24 Price Changed $57,500 -4.0% $36 / Sq Ft
03/02/2024 03/02/24 Price Changed $59,900 -7.7% $37 / Sq Ft
02/15/2024 02/15/24 Price Changed $64,900 -3.0% $40 / Sq Ft
10/25/2023 10/25/23 Price Changed $66,900 -4.3% $41 / Sq Ft
09/18/2023 09/18/23 Price Changed $69,900 -12.5% $43 / Sq Ft
06/27/2023 06/27/23 For Sale $79,900 -- $49 / 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 $1,044 $14,400 -- --
2022 $905 $12,480 $1,200 $11,280
2021 $771 $10,640 $800 $9,840
2020 $800 $11,040 $800 $10,240
2019 $0 $11,040 $0 $0
2018 $677 $9,340 $0 $0
2017 $692 $9,540 $0 $0
2016 $677 $9,340 $0 $0
2015 $725 $10,000 $0 $0
2014 $683 $9,420 $0 $0
2013 $683 $9,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Bozeman

    Seller's Agent in 2024

    Brad Bozeman

    ARC Realty Cahaba Heights

    (205) 960-5992

    4 in this area

    405 Total Sales

    Brad Bozeman
    Section Image
  • Bryan Welch

    Buyer's Agent in 2024

    Bryan Welch

    REALTYNET

    (205) 529-8614

    3 in this area

    237 Total Sales

    Bryan Welch
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1358206

Greater Alabama MLS

APN: 29-00-09-2-014-032.000

Alabama Jefferson County Birmingham 35211 Oakwood Place

508 16th St SW, Birmingham, AL

This home is located at 508 16th St SW, Birmingham, AL 35211 since 27 June 2023 and is currently estimated at $55,377, approximately $34 per square foot. This property was built in 1926. 508 16th St SW is a home located in Jefferson County with nearby schools including West End Academy, A.H. Parker High School, and New Hope Christian Elementary School.

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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