NOT LISTED FOR SALE

5250 Aquarius Dr Alpine, AL 35014

8 Beds
8 Baths
5,580 Sq Ft
1973 Built

Sale Details

Date Sold: February 27, 2024

Last sale price $200,000 $36 Per Sq Ft

31 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Heating Available

About This Home

As of February 2024

Calling ALL INVESTORS! This quadplex on Aquarius Drive in Alpine is a large, FULLY OCCUPIED, income generating property. Each unit features nearly 1400sf, 2 large bedrooms each with their own private balcony, 2 bathrooms, high ceilings, a laundry room, and an outside storage room. Not to mention that Logan Martin Lake and Alpine Bay Golf Club are mere minutes away. With so many amenities it's not hard to see why this quadplex generates approximately $2,875 per month. You don't want to miss out on this one!

Last Agent to Sell the Property

Walker Musso

Keller Williams Realty Vestavia Listed on: 09/29/2023

Keller Williams Realty Vestavia

Last Buyer's Agent

Mike LaFave

Lokation Real Estate LLC

Lokation Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1973

Home Design

  • Quadruplex
  • Siding

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Stemley Road Elementary School
  • Talladega Co. Middle School
  • Talladega High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1973

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Floors: Tile, Vinyl, Wall-to-Wall Carpet

Exterior Features

  • Construction: Siding
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Individual Units (HEAT)
  • Cooling: Electric (COOL), Individual Units (COOL)
  • Sewer/Septic System: Septic
  • Water: Well Water

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: 1107260001238004

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1596

Multi Family

  • Expenses: 5000
  • Gross Income: 34500

MLS Schools

  • Elementary School: STEMLEY ROAD
  • High School: TALLADEGA
  • Jr Middle School: TALLADEGA CO.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Walker Musso
Keller Williams Realty Vestavia
Buyer's Agent
Mike LaFave
Lokation Real Estate LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 29, 2024
Sold by
Bought by
Seller's Agent
Walker Musso
Keller Williams Realty Vestavia
Buyer's Agent
Mike LaFave
Lokation Real Estate LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,426
Interest Rate
0.0293%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jul 14, 2020
Sold by
Bought by
Seller's Agent
Joey Crews
KW Realty Group
Buyer's Agent
Traci Jackson
Realty Hub
List Price
$219,900
Sold Price
$160,000
Premium/Discount to List
-$59,900
-27.24%

Purchase Details

Listed on
Apr 21, 2016
Closed on
Aug 7, 2017
Sold by
Bought by
Seller's Agent
Molly Giddens
Keller Williams Realty Hoover
Buyer's Agent
Molly Giddens
Keller Williams Realty Hoover
List Price
$198,000
Sold Price
$187,000
Premium/Discount to List
-$11,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.13%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$200,000 None Listed On Document
$249,902 None Listed On Document
$249,902 None Listed On Document
$160,000 Mcnearney Robert
$187,000 Rice Rice & Smith Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $160,000
Previous Owner $187,426
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2024 02/27/24 Sold $200,000 -20.0% $36 / Sq Ft
09/29/2023 09/29/23 For Sale $250,000 +56.3% $45 / Sq Ft
07/14/2020 07/14/20 Sold $160,000 -11.1% $62 / Sq Ft View Prior Sale
06/18/2020 06/18/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $179,900 -10.0% $70 / Sq Ft
11/12/2019 11/12/19 Price Changed $199,900 -9.1% $77 / Sq Ft
09/04/2019 09/04/19 For Sale $219,900 +17.6% $85 / Sq Ft
07/28/2017 07/28/17 Sold $187,000 0.0% $72 / Sq Ft View Prior Sale
06/03/2017 06/03/17 Price Changed $187,000 -5.6% $72 / Sq Ft
04/21/2016 04/21/16 For Sale $198,000 -- $77 / Sq Ft
Source: Greater Alabama MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,175 $40,520 $800 $39,720
2024 $1,175 $63,500 $800 $62,700
2023 $1,842 $63,500 $800 $62,700
2022 $1,596 $55,040 $800 $54,240
2021 $1,260 $43,440 $800 $42,640
2020 $1,260 $43,440 $0 $0
2019 $1,260 $43,440 $0 $0
2018 $1,103 $42,600 $0 $0
2017 $1,103 $38,040 $0 $0
2016 $1,103 $38,040 $0 $0
2015 $239 $8,240 $0 $0
2014 $241 $8,320 $0 $0
2013 -- $8,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21366731

Greater Alabama MLS
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