$75,000

5313 Terrace Ave Fairfield, AL 35064

Estimated payment $503/month

Total Views 9,248
3 Beds
2 Baths
1,220 Sq Ft
$61 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-Story Property
  • Wood Siding
  • Laundry Room
  • Central Heating and Cooling System

About This Home

GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.

Listing Agent

Josh Vernon

Keller Williams Realty Vestavia Listed on: 04/28/2025

Keller Williams Realty Vestavia

Co-Listing Agent

Jamey Reynolds

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven
  • Stove
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Schools

  • Robinson Elementary School
  • Fairfield Middle School
  • Fairfield High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21417217?w=PubMLS
  • Living Area: 1220
  • Legal Description: LOT 4 RESUR OF LOT 11 BL 55 TENN LD COS RESUR OF BLS 53 A 54 55 COREYS 1ST SUB OF COREY
  • List Price per Sq Ft: 61.48
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1955
  • Price Per Sq Ft: 61.48
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Floors: Carpet, Hardwood
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|Bedroom1|Bedroom1|Bedroom1|FullBath1|FullBath1|Laundry1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Oven-Electric, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1220

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1220
  • Internet Service Availability: Yes

Schools

  • Elementary School: ROBINSON
  • Middle School: FAIRFIELD
  • High School: FAIRFIELD

Lot Info

  • Assessor Parcel Number: 30-00-12-3-020-004.000
  • Number Acres: 0.14

Tax Info

  • Tax District: FAIRFIELD

MLS Schools

  • Elementary School: ROBINSON
  • High School: FAIRFIELD
  • Jr Middle School: FAIRFIELD

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,250 $16,780 -- --
2022 $1,027 $13,780 $2,580 $11,200
2021 $1,027 $13,780 $2,580 $11,200
2020 $1,042 $13,780 $2,580 $11,200
2019 $1,027 $13,780 $0 $0
2018 $873 $11,720 $0 $0
2017 $928 $12,460 $0 $0
2016 $928 $12,460 $0 $0
2015 $928 $12,460 $0 $0
2014 $915 $12,280 $0 $0
2013 $915 $12,280 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $75,000 -- $61 / Sq Ft
Source: Greater Alabama MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 New Conventional
Source: Public Records

Source: Greater Alabama MLS

MLS Number: 21417217

Greater Alabama MLS

APN: 30-00-12-3-020-004.000

Alabama Jefferson County Fairfield 35064

5313 Terrace Ave, Fairfield, AL

This home is located at 5313 Terrace Ave, Fairfield, AL 35064 and is currently priced at $75,000, approximately $61 per square foot. This property was built in 1955. 5313 Terrace Ave is a home located in Jefferson County with nearby schools including Fairfield High Preparatory School, Mount Pilgrim Christian Academy, and Restoration Academy.

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.

Greater Alabama MLS 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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Josh Vernon
Listing Agent
Josh Vernon
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Keller Williams Realty Vestavia
(205) 927-3782