NOT LISTED FOR SALE

520 Elder St Irondale, AL 35210

Estimated Value: $254,000 - $361,140

6 Beds
4 Baths
3,014 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $300,000 $100 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,020 / mo

35 Days on Market

Highlights

  • Cooling Available
  • Storage
  • Heating Available
  • Shades Valley High School Rated A-
  • Tile Flooring
  • 4-minute walk to Flora Johnston Nature Park

About This Home

As of April 2022

Nice duplex with a good School zoning in Irondale, 5 minutes to Walmart and many shopping, fine dinning area.

Last Agent to Sell the Property

Charline Wu

Better Homes License #102525 Listed on: 12/28/2021

Last Buyer's Agent

MARILYN EVANS

NOT A VALID MEMBER License #285796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1973

Lot Details

  • 0.31

Home Design

  • Duplex
  • Slab Foundation
  • Brick Frame

Flooring

  • Laminate
  • Tile

Parking

  • Covered Parking
  • On-Street Parking

Schools

  • Irondale Elementary And Middle School
  • Shades Valley High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Storage
  • Barbecue Area

Listing and Financial Details

  • Visit Down Payment Resource Website
  • Tenant pays for all utilities (tenant), cable/tv connect (tenant), electric (tenant), gas (tenant), hot water (tenant), trash collection (tenant), water/sewer (tenant)

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,902

Year Built

Built in 1973

Lot Details

0.31 Acres

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1307107?w=PubMLS
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Floors: Laminate, Tile
  • Miscellaneous: BBQ Area, Storage

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit, Covered, On Street Parking

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: 23-00-35-1-001-032.000

Rental Info

  • Tenant Pays: All Utilities (TENANT), Cable/TV Connect (TENANT), Electric (TENANT), Gas (TENANT), Hot Water (TENANT), Trash Collection (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax District: IRONDALE
  • Annual Tax: 2902

Multi Family

  • Expenses: 5000
  • Gross Income: 30000

MLS Schools

  • Elementary School: IRONDALE
  • High School: SHADES VALLEY
  • Jr Middle School: IRONDALE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 8, 2022
Sold by
Fang Chen
Bought by
Ramp Properties Llc
Seller's Agent
Charline Wu
Better Homes
Buyer's Agent
MARILYN EVANS
NOT A VALID MEMBER
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Current Estimated Value
$306,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,285
Avg. Annual Appreciation
0.51%
Original Mortgage
$240,000
Outstanding Balance
$222,128
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$84,157

Purchase Details

Closed on
Nov 2, 2020
Sold by
Chen Mei Fang
Bought by
Chen Mei Fang

Purchase Details

Closed on
Aug 27, 2010
Sold by
Dewang Xin De and Chen Chun Fang
Bought by
Chen Mei Fang

Purchase Details

Closed on
Oct 23, 2000
Sold by
Gall D Craig
Bought by
Dewang Xin and Chen Chun Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramp Properties Llc $300,000 None Listed On Document
Chen Mei Fang $90,000 None Listed On Document
Chen Mei Fang -- None Available
Dewang Xin $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramp Properties Llc $240,000
Previous Owner Dewang Xin $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $300,000 -11.5% $100 / Sq Ft
03/06/2022 03/06/22 For Sale $339,000 +13.0% $112 / Sq Ft
02/07/2022 02/07/22 Off Market $300,000 -- --
02/06/2022 02/06/22 For Sale $339,000 0.0% $112 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
02/01/2022 02/01/22 Price Changed $339,000 -9.6% $112 / Sq Ft
12/28/2021 12/28/21 For Sale $375,000 -- $124 / Sq Ft
Source: Greater Alabama MLS

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
2025 $4,622 $74,440 -- --
2024 $4,622 $73,840 -- --
2022 $3,271 $57,800 $8,600 $49,200
2021 $3,041 $53,720 $8,600 $45,120
2020 $2,887 $51,000 $8,600 $42,400
2019 $2,425 $42,840 $0 $0
2018 $1,635 $28,880 $0 $0
2017 $1,584 $27,980 $0 $0
2016 $1,533 $27,080 $0 $0
2015 $1,533 $27,080 $0 $0
2014 $1,555 $26,360 $0 $0
2013 $1,555 $26,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1307107

Greater Alabama MLS

APN: 23-00-35-1-001-032.000

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