$280,000
SOLD OCT 29, 2024

537 Elder St Irondale, AL 35210

4 Beds
4 Baths
1,680 Sq Ft
0.41 Acres

Recently Sold

$167 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Central Heating and Cooling System
  • Shades Valley High School Rated A-
  • Vinyl Flooring

About This Home

As of October 2024

A Fantastic Investment Opportunity. The sale is for the entire home. 537 Elder Street & 539 Elder Street. Buy the home and rent out both sides or “House Hack”, buy it to live in one side and rent the other. Move on later, but keep the home and rent both sides. Because its a duplex, a FHA loan is applicable. The tenants on both sides just moved out so the owners polished it up for the market with LVF Flooring, Some New Appliances, and a New Roof. Ready for Immediate Occupancy. Completely separate units that only share a central wall. Decks are separate, driveways are separate, even the fenced backyard is divided in half. Easy living and maintenance with 3 sides brick on 1 level. It just doesn’t get any better than this.

Last Agent to Sell the Property

Robert Russom

Keller Williams Realty Vestavia Listed on: 10/17/2024

Keller Williams Realty Vestavia

Last Buyer's Agent

Ellis Terry

Ingram & Associates, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 1974

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Irondale Elementary And Middle School
  • Shades Valley High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Vinyl Flooring
  • Crawl Space

Listing and Financial Details

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,431
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,631

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21400478?w=PubMLS
  • Property Type: Duplex
  • Termite Company Name: ENVIROCARE
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1974
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Floors: Vinyl

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

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

Lot Info

  • Assessor Parcel Number: 23-00-35-1-003-005.000

Tax Info

  • Tax District: IRONDALE
  • Annual Tax: 2631

Multi Family

  • Expenses: 3431
  • Gross Income: 32400

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
Oct 17, 2024
Closed on
Oct 31, 2024
Sold by
Circa 1977 Properties Llc
Bought by
Terry Emily and Terry Ellis
Seller's Agent
Robert Russom
Keller Williams Realty Vestavia
Buyer's Agent
Ellis Terry
Ingram & Associates, LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
72
Current Estimated Value
$294,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,158
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Oct 31, 2019
Sold by
Vines Fred H Estate
Bought by
Circa 1977 Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 None Listed On Document
Warranty Deed $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $280,000 +1.8% $167 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $275,000 -- $164 / 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 $2,630 $42,020 -- --
2022 $1,896 $33,500 $8,600 $24,900
2021 $1,871 $31,440 $8,600 $22,840
2020 $1,787 $31,580 $8,600 $22,980
2019 $1,644 $29,040 $0 $0
2018 $1,103 $19,480 $0 $0
2017 $1,072 $18,940 $0 $0
2016 $1,043 $18,420 $0 $0
2015 $1,043 $18,420 $0 $0
2014 $1,079 $18,400 $0 $0
2013 $1,079 $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 21400478

Greater Alabama MLS

APN: 23-00-35-1-003-005.000