NOT LISTED FOR SALE

5416 Powers Rd Mount Olive, AL 35117

Estimated Value: $130,000 - $166,000

2 Beds
1 Bath
964 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 08, 2023

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

Est. 171% increase in value since last sale

Current estimated payment $886/month

9 Days on Market

Highlights

  • Bonus Room
  • Den
  • 1-Story Property
  • Bragg Middle School Rated 9+
  • Porch
  • Vinyl Flooring

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
Current Estimated Value
$147,961

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
$502,312
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$354,351

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%
Mortgage Type
New Conventional

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
45.36%

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

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 Buyer Sale Price Title Company
5416 Powers Llc $121,500 None Listed On Document
Reed Jason $165,500 None Listed On Document
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • Greg Butler

    Seller's Agent in 2023

    Greg Butler

    Butler Realty, LLC

    (205) 966-4791

    1 in this area

    103 Total Sales

    Greg Butler
    Section Image
  • Marsha Gorman

    Buyer's Agent in 2023

    Marsha Gorman

    Kelly Right Real Estate of Ala

    (205) 585-5585

    1 in this area

    62 Total Sales

    Marsha Gorman
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1342561

Greater Alabama MLS

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

Alabama Jefferson County Mount Olive 35117

5416 Powers Rd, Mount Olive, AL

This home is located at 5416 Powers Rd, Mount Olive, AL 35117 since 10 January 2023 and is currently estimated at $147,961, approximately $153 per square foot. This property was built in 1937. 5416 Powers Rd is a home located in Jefferson County with nearby schools including Mt. Olive Elementary School, Bragg Middle School, and Gardendale High School.

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.

Nearby Homes