NOT LISTED FOR SALE

5416 Powers Rd Mount Olive, AL 35117

Estimated Value: $144,000 - $168,420

2 Beds
1 Bath
964 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $54,500 $57 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $920/month

9 Days on Market

Highlights

  • Bonus Room
  • Porch
  • Vinyl Flooring
  • Den
  • 1-Story Property

About This Home

As of February 2023

This property is being offered for sale to all buyers at this time. The house has 2 bedrooms, 1 bathroom, and a bonus room on the left side of the house. The bedrooms do not have closets. On the right side of the house is the kitchen. Buyer must see property before placing an offer, NO BLIND OFFERS!! Right of redemption may apply, buyer and buyer agent should confirm all listing data, yearly taxes an estimate.

Last Agent to Sell the Property

Greg Butler

Butler Realty, LLC Listed on: 01/10/2023

Last Buyer's Agent

Marsha Gorman

Kelly Right Real Estate of Ala

Kelly Right Real Estate of Ala

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.6

Parking

  • Off-Street Parking

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Den
  • Bonus Room
  • Vinyl Flooring
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Porch
  • 0.6 Acre Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1342561?w=PubMLS
  • Living Area: 964
  • Legal Description: P O B 131 FT N E OF W INTER OF SPRINGDALE RD & POWERS RD TH N E 142 FT TH N W 208 FT D 201S FT TH S 158 FT TH E 166.7 FT D 151S FT TO P O B LYING IN N E 1/4 OF N E 1/4 SEC 9 T 16S R 3W SECT 09 TWSP 16S RANGE 3W
  • List Price per Sq Ft: 56.54
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1937
  • Price Per Sq Ft: 56.54
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Floors: Vinyl, Subflooring
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Bedroom1|FullBath1|Bedroom1|Bonus1|Den1|Kitchen1|
  • Room 1: Living, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Full Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bonus, On Level: 1
  • Room 6: Den/Family, On Level: 1
  • Room 7: Kitchen, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Bonus (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Refrigerator
  • Main Level Sq Ft: 964

Exterior Features

  • Construction: Siding-Other
  • Exterior Features: Porch
  • Foundation: Crawl Space

Garage/Parking

  • Parking Features: Off Street Parking

Utilities

  • Heating: No Heat
  • Cooling: No Air
  • Water: Public Water
  • HVAC Area: 964

Schools

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

Lot Info

  • Assessor Parcel Number: 14-00-09-1-003-009.000
  • Number Acres: 0.6

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Reed Jason
Bought by
5416 Powers Llc
Total Days on Market
9
Current Estimated Value
$154,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$530,493
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$376,138

Purchase Details

Closed on
Apr 28, 2023
Sold by
Spartan Invest Llc
Bought by
Reed Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.28%

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 8, 2023
Sold by
Wehby Investment Properties Llc
Bought by
Spartan Invest Llc
Seller's Agent
Greg Butler
Butler Realty, LLC
Buyer's Agent
Marsha Gorman
Kelly Right Real Estate of Ala
List Price
$54,500
Sold Price
$54,500
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.33%

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 2, 2023
Sold by
Carrington Mtg Svcs Llc
Bought by
Wehby Investment Properties Llc
Seller's Agent
Greg Butler
Butler Realty, LLC
Buyer's Agent
Marsha Gorman
Kelly Right Real Estate of Ala
List Price
$54,500
Sold Price
$54,500
Views
99

Purchase Details

Closed on
Nov 3, 2021
Sold by
Holliyan Faye L
Bought by
Reverse Mtg Funding Llc
Source: Public Records

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Range of Values:

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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
5416 Powers Llc $121,200 None Listed On Document
Reed Jason $165,500 --
Spartan Invest Llc $130,000 --
Wehby Investment Properties Llc $54,500 --
Carrington Mtg Svcs Llc $54,500 --
Reverse Mtg Funding Llc $63,866 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5416 Powers Llc $620,000
Previous Owner Reed Jason $104,000
Previous Owner Holliyan Faye L $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $54,500 0.0% $57 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $54,500 -- $57 / 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 $1,214 $23,400 -- --
2022 $0 $22,120 $12,200 $9,920
2021 $0 $9,640 $6,100 $3,540
2020 $0 $9,640 $6,100 $3,540
2019 $0 $9,640 $0 $0
2018 $0 $8,780 $0 $0
2017 $0 $7,960 $0 $0
2016 $0 $7,800 $0 $0
2015 -- $7,800 $0 $0
2014 $466 $8,020 $0 $0
2013 $466 $7,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1342561

Greater Alabama MLS

APN: 14-00-09-1-003-009.000