NOT LISTED FOR SALE

515 E Tuscaloosa St Florence, AL 35630

Downtown Florence Neighborhood

Estimated Value: $201,107 - $276,000

-- Bed
2 Baths
2,296 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $310,000 $135 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,358/month

Highlights

  • Deck
  • No HOA
  • Front Porch
  • Wood Flooring

About This Home

As of December 2023

SOLD AT PRINT. This triplex has a rich history and provides the perfect location for long-term, student, or even short-term Airbnb rentals with great returns. All of the units are 1 bedroom, 1 bath, and include full kitchens, living rooms, and laundry hookups. Each unit has its own private designated outdoor deck or patio, providing tenants the ability to entertain and truly thrive in downtown Florence. Current owner has done extensive work to the back unit, adding new ceilings, updating the kitchen and bathroom, as well as new appliances. SOLD AT PRINT.

Last Agent to Sell the Property

Matthew Golley

South Main Realty Listed on: 12/18/2023

Last Buyer's Agent

Matthew Golley

South Main Realty Listed on: 12/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1901

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 51 x 180

Home Design

  • Triplex
  • Combination Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • Additional Parking
  • On-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3 Units
  • Florence Community
  • City Of Florence Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 24-01-11-3-002-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Triplex
  • Building Area Src: Assessor
  • Built Before 1978 (Y/N): Yes
  • Frontage Len: 51
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 51 X 180
  • Multiple Level Y N: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sp Lp Percent: 100
  • Subdivision Name: City of Florence
  • L A N D L O R D P A I D: Water
  • Agent Only_ L A1 User Code: S137_1900535
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Exterior Entry, Unfinished
  • Basement YN: Yes
  • Flooring: Laminate, Tile (Flooring), Wood (Flooring)
  • Price Per S Q F T: 135.02
  • Stories Total: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Deck (PatioAndPorch), Front Porch, Porch
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Off Street, On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: 2+ Central Units, Wall Furnace
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

  • Elementary School: City
  • Middle School: City
  • High School: City

Lot Info

  • Acres: 0.21
  • Parcel Num: 24-01-11-3-002-020

Building Info

  • Year Built: 1901
  • BuildingAreaTotal: 2296

Tax Info

  • Tax Annual Amount: 1261.26

Multi Family

  • Tenancy: Multiple Tenants
  • Total Units: 3

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Dec 19, 2023
Sold by
Kimbrell Andrew B and Kimbrell Rebekah N
Bought by
Hammett Investments Llc
Seller's Agent
Matthew Golley
South Main Realty
Buyer's Agent
Matthew Golley
South Main Realty
List Price
$310,000
Sold Price
$310,000
Views
6
Current Estimated Value
$239,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,973
Avg. Annual Appreciation
-15.66%
Original Mortgage
$248,301
Outstanding Balance
$245,009
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
-$12,543

Purchase Details

Closed on
Dec 18, 2015
Sold by
Salamanca Leopoldo
Bought by
Wages Wesley and Wages Tera K

Purchase Details

Closed on
Jun 14, 2013
Sold by
Hemphill William Robert
Bought by
Salamanca Leopoldo
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
Hammett Investments Llc $310,000 Other
Wages Wesley $102,800 --
Salamanca Leopoldo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammett Investments Llc $248,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $310,000 0.0% $135 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $310,000 +5.1% $135 / Sq Ft
08/02/2023 08/02/23 Sold $295,000 +3.5% $128 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $285,000 -- $124 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $698 $15,560 $720 $14,840
2023 $698 $1,280 $1,280 $0
2022 $1,261 $25,740 $0 $0
2021 $1,043 $21,280 $0 $0
2020 $916 $18,700 $0 $0
2019 $916 $18,700 $0 $0
2018 $893 $18,220 $0 $0
2017 $869 $17,740 $0 $0
2016 $822 $16,780 $0 $0
2015 $822 $16,780 $0 $0
2014 $777 $15,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Golley

    South Main Realty

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 514294

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-01-11-3-002-020.000

Alabama Lauderdale County Florence 35630 Downtown Florence

515 E Tuscaloosa St, Florence, AL

This home is located at 515 E Tuscaloosa St, Florence, AL 35630 since 18 December 2023 and is currently estimated at $239,027, approximately $104 per square foot. This property was built in 1901. 515 E Tuscaloosa St is a home located in Lauderdale County with nearby schools including Florence Freshman Center, Florence High School, and St. Joseph Regional Catholic 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.

Strategic MLS Alliance (Cullman / Shoals Area) 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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