NOT LISTED FOR SALE

514 Gay Rd Bessemer, AL 35023

Estimated Value: $126,000 - $151,000

3 Beds
1 Bath
1,196 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $96,000 $80 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $813/month

70 Days on Market

Highlights

  • Deck
  • Porch
  • Walk-In Closet
  • Attic
  • Interior Lot
  • Laundry Room

About This Home

As of October 2018

Lovely 3 bedroom, 1 bath in very desirable community of Concord.

Last Agent to Sell the Property

Lisa Elrod

Great Western Realty, Inc. License #67241 Listed on: 07/16/2018

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Interior Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

Listing and Financial Details

  • Assessor Parcel Number 31-00-14-4-004-025.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Living Area: 1196
  • Legal Description: POB W R/W OF GAY RD 385 FT N OF S LINE OF SEC 14 TP 18 R SW TH N 75 FT TH W 210 FT TH SE 11 FT TH S 53 FT TH E 90 FT TH S 45 FT TH NE 110 FT TO POB
  • List Price per Sq Ft: 83.53
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1980
  • Price Per Sq Ft: 80.27
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Floors: Carpet, Slate, Tile Floor, Vinyl
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Bedroom1|Bedroom1|Bedroom1|Kitchen1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Main Level Sq Ft: 1196

Exterior Features

  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Open (DECK)
  • 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: Septic
  • Water: Public Water
  • HVAC Area: 1196

Condo/Co-op/Association

  • Amenities: Street Lights

Fee Information

  • Fire Fee: Yes
  • Fire Fee Amount: 300
  • Fire Fee Per: Yearly
  • Garbage Fee: Yes
  • Garbage Fee Amount: 48
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: CONCORD
  • Middle School: HUEYTOWN
  • High School: HUEYTOWN

Lot Info

  • Assessor Parcel Number: 31-00-14-4-004-025.002
  • Lot Description: Interior Lot, Some Trees
  • Number Acres: 0.36

Tax Info

  • Tax Database Id: 1
  • Tax District: COUNTY
  • Annual Tax: 868
  • Assessor Parcel Number: 01073-31-00-14-4-004-025.002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 26, 2018
Sold by
Goodwin Dave Preston
Bought by
Cleveland Gregory Alan
Seller's Agent
Lisa Elrod
Great Western Realty, Inc.
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%
Current Estimated Value
$142,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,885
Avg. Annual Appreciation
6.45%
Original Mortgage
$94,261
Outstanding Balance
$84,189
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$63,258
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
Cleveland Gregory Alan $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Gregory Alan $94,261
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $96,000 -3.9% $80 / Sq Ft
07/16/2018 07/16/18 For Sale $99,900 -- $84 / 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 $475 $10,540 -- --
2022 $578 $12,590 $2,420 $10,170
2021 $451 $10,060 $2,420 $7,640
2020 $433 $9,600 $2,420 $7,180
2019 $885 $10,060 $0 $0
2018 $868 $17,320 $0 $0
2017 $868 $17,320 $0 $0
2016 $874 $17,440 $0 $0
2015 $874 $17,440 $0 $0
2014 $659 $8,300 $0 $0
2013 $659 $8,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 828544

Greater Alabama MLS

APN: 31-00-14-4-004-025.002