NOT LISTED FOR SALE

5201 Rosemary Rd Mount Olive, AL 35117

Estimated Value: $220,000 - $316,000

3 Beds
1 Bath
1,378 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $305,000 $221 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,496/month

1 Day on Market

Highlights

  • 37.85 Acre Lot
  • Mountain View
  • Wood Flooring
  • Heavily Wooded Lot
  • Deck
  • Attic

About This Home

As of February 2023

Looking for a diamond in the rough? Here it is. 37.85 +/- acres with a 1378 sf home with a full unfinished basement. It is a 3 bedroom, 1 bath home with no carpet....hardwood throughout. The basement is completely unfinished. Some repairs have been done to make it livable but the owner is selling AS IS! This is a steal on a coveted street at the most private spot. You live in it while you build OR build a dream home and rent for extra income. This property has a creek that runs through it and lots of wild life to watch. Would make a beautiful subdivision if that was your passion. Could be a retreat that is conveniently located. This one can be almost anything your heart desires.

Last Agent to Sell the Property

Pam Files

Keller Williams Metro North Listed on: 01/28/2023

Keller Williams Metro North

Last Buyer's Agent

Pam Files

Keller Williams Metro North Listed on: 01/28/2023

Keller Williams Metro North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1962

Lot Details

  • 37.85 Acre Lot
  • Heavily Wooded Lot
  • Few Trees

Parking

  • 1 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Mountain Views
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Mt Olive Elementary School
  • Bragg Middle School
  • Gardendale High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,726

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1343698?w=PubMLS
  • Living Area: 1378
  • Legal Description: P O B 860 FT S N OF SE 1/4 OF NE 1/4 SEC 8 T16S R3W TH N 100 FT S TH W 150 FT S TH S 100 FT S TH E 150 FT S TO P O B SECT 08 TWSP 16S RANGE 3W
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 221.34
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1962
  • Price Per Sq Ft: 221.34
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Interior Amenities: Handiman Special
  • Floors: Concrete, Hardwood, Tile Floor
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Sunroom1|Kitchen1|Den1|MasterBR1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Sunroom, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Den/Family, On Level: 1
  • Room 4: Master 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), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Attic: Yes
  • Unfinished Basement Sq Ft: 1378
  • Main Level Sq Ft: 1378

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Covered - (PATIO), Screened (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Basement Parking, Driveway Parking, Off Street Parking

Utilities

  • Heating: Gas Heat, Space Heaters
  • Cooling: Window Units
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1378

Schools

  • Elementary School: MT OLIVE
  • Middle School: BRAGG
  • High School: GARDENDALE

Lot Info

  • Assessor Parcel Number: 14-00-08-1-001-014.000
  • Lot Description: Acreage, Heavy Treed Lot, Some Trees
  • Lot View: Yes
  • Lot View Type: Mountain View
  • Number Acres: 37.85

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1726

MLS Schools

  • Elementary School: MT OLIVE
  • High School: GARDENDALE
  • Jr Middle School: BRAGG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Feb 28, 2023
Sold by
Justice Jason M and Justice Rachael J
Bought by
Daniels Jonathan Matthew
Seller's Agent
Pam Files
Keller Williams Metro North
Buyer's Agent
Pam Files
Keller Williams Metro North
List Price
$305,000
Sold Price
$305,000
Views
12
Current Estimated Value
$262,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,212
Avg. Annual Appreciation
-4.45%

Purchase Details

Listed on
Aug 9, 2020
Closed on
May 28, 2021
Sold by
Luna Martha Estate
Bought by
Justice Rachael J and Justice Jason M
Seller's Agent
Julie Watson
EXIT Realty Cahaba
Buyer's Agent
Julie Watson
EXIT Realty Cahaba
List Price
$300,000
Sold Price
$245,000
Premium/Discount to List
-$55,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
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
Daniels Jonathan Matthew $305,000 --
Daniels Jonathan Matthew $305,000 --
Justice Rachael J $245,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $305,000 0.0% $221 / Sq Ft
01/28/2023 01/28/23 For Sale $305,000 +24.5% $221 / Sq Ft
05/17/2021 05/17/21 Sold $245,000 -18.3% $178 / Sq Ft
08/09/2020 08/09/20 For Sale $300,000 -- $218 / 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 $765 $14,900 -- --
2022 $723 $15,470 $1,100 $14,370
2021 $1,139 $22,740 $2,200 $20,540
2020 $469 $11,370 $1,100 $10,270
2019 $0 $11,380 $0 $0
2018 $0 $9,860 $0 $0
2017 $0 $10,080 $0 $0
2016 $0 $9,640 $0 $0
2015 -- $9,640 $0 $0
2014 $570 $10,240 $0 $0
2013 $570 $9,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1343698

Greater Alabama MLS

APN: 14-00-08-1-001-014.000