NOT LISTED FOR SALE

5448 Ratliff Mine Rd Irondale, AL 35210

Estimated Value: $27,706 - $294,000

1 Bed
1 Bath
542 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $16,000 $30 Per Sq Ft

Est. 718% increase in value since last sale

Current estimated payment $711/month

171 Days on Market

About This Home

As of March 2021

Incredible opportunity for Investors. Location, location, Location. 3 minutes away from the highway and the Mercedes Bens automobile plant, and Irondale school system. With the potential to build a second home on the large lot that face both streets. Make an offer. Seller is ready to let this one go!

Last Agent to Sell the Property

Karina Barone

RealtySouth-Inverness Office Listed on: 09/22/2020

RealtySouth-Inverness Office

Last Buyer's Agent

Elaine Julian

ARC Realty 280

ARC Realty 280

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Unassigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Bedroom in Basement
  • Natural lighting in basement

Schools

  • Grantswood Elementary School
  • Irondale Middle School
  • Shades Valley High School

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Well

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/896365?w=PubMLS
  • Living Area: 350
  • Legal Description: LOT 5-B BLK 2 BROWDER REALTY COS SUR OF JEFFERSON PARK
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Floors: Subflooring
  • Bedroom/Bathroom Features: Shared Bath
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |BedroomB|FullBathB|Living1|
  • Room 1: Bedroom, On Level: B
  • Room 2: Full Bath, On Level: B
  • Room 3: Living, On Level: 1
  • Basement Rooms: Bedroom (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Living (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Daylight Basement
  • Basement Finished Sq Ft: 192
  • Main Level Sq Ft: 350

Exterior Features

  • Construction: Concrete/Block
  • Foundation: Basement

Garage/Parking

  • Parking Features: Unassigned Parking

Utilities

  • Heating: No Heat
  • Cooling: No Air
  • Underground Utils: Yes
  • Water: Public Water, Well Water
  • HVAC Area: 542

Lot Info

  • Assessor Parcel Number: 24-00-21-4-001-007.000
  • Number Acres: 0.2

Tax Info

  • Tax District: IRONDALE
  • Annual Tax: 75

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Apr 1, 2021
Sold by
Moncada Roberto
Bought by
Lovelady Max S and Lovelady Joanna
Seller's Agent
Karina Barone
RealtySouth-Inverness Office
Buyer's Agent
Elaine Julian
ARC Realty 280
List Price
$28,000
Sold Price
$16,000
Premium/Discount to List
-$12,000
-42.86%
Current Estimated Value
$130,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,902
Avg. Annual Appreciation
55.66%

Purchase Details

Closed on
Feb 10, 2015
Sold by
Martinez Jose Luis
Bought by
Moncada Roberto

Purchase Details

Closed on
Aug 25, 2011
Sold by
Martinez Jose
Bought by
Martinez Jose Luis

Purchase Details

Closed on
Dec 2, 1998
Sold by
Barnes Jerry Wayne
Bought by
Martinez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,750
Interest Rate
6.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 1998
Sold by
Green Daniel Boone
Bought by
Barnes Jerry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Lovelady Max S $16,000 --
Moncada Roberto $14,000 --
Martinez Jose Luis $5,000 None Available
Martinez Jose -- Lawyers Title Insurance Corp
Barnes Jerry $2,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jose $12,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $16,000 -27.3% $30 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $22,000 -21.4% $41 / Sq Ft
01/27/2021 01/27/21 For Sale $28,000 0.0% $52 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $28,000 -15.2% $52 / Sq Ft
09/22/2020 09/22/20 For Sale $33,000 -- $61 / 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 $272 $4,340 -- --
2022 $230 $4,060 $3,360 $700
2021 $75 $2,030 $1,680 $350
2020 $75 $2,030 $1,680 $350
2019 $75 $2,040 $0 $0
2018 $73 $2,000 $0 $0
2017 $102 $2,580 $0 $0
2016 $102 $2,580 $0 $0
2015 $102 $2,580 $0 $0
2014 $289 $5,100 $0 $0
2013 $289 $5,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 896365

Greater Alabama MLS

APN: 24-00-21-4-001-007.000