5501 Avenue P Birmingham, AL 35208
Central Park NeighborhoodEstimated Value: $64,000 - $94,000
2
Beds
1.5
Baths
1,296
Sq Ft
$59/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Home Office
- Laundry Room
- Solid Surface Countertops
- Fenced Yard
About This Home
As of December 2023Great investment opportunity! Been used for storage for a local non-profit for years. Two-story on a corner lot with flat/fenced yard. Potential rent is over $850/month. Vinyl siding with metal roof.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,534 Sq Ft Lot
- Fenced Yard
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Home Office
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Schools
- Central Park Elementary School
- Green Acres Middle School
- Jackson-Olin High School
Utilities
- Window Unit Cooling System
- Window Unit Heating System
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 29-00-07-4-033-001.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2024
Sold by
Shaw Derek
Bought by
Maba Properties Llc
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$108,216
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$32,131
Purchase Details
Closed on
Feb 22, 2024
Sold by
Wonder Book Work Inc
Bought by
Shaw Derek
Purchase Details
Listed on
Oct 25, 2023
Closed on
Dec 22, 2023
Sold by
Wonder Book Work Inc
Bought by
Shaw Derek
Seller's Agent
Andrew Hancock
Keller Williams Realty Vestavia
Buyer's Agent
Amanda Dabbs
RealtySouth-MB-Crestline
List Price
$59,900
Sold Price
$30,000
Premium/Discount to List
-$29,900
-49.92%
Views
161
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.71%
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
Similar Homes in Birmingham, AL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maba Properties Llc | $76,100 | None Listed On Document | |
| Maba Properties Llc | $76,100 | -- | |
| Shaw Derek | $30,000 | -- | |
| Shaw Derek | $30,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maba Properties Llc | $108,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2023 12/21/23 | Sold | $30,000 | -39.9% | $23 / Sq Ft |
| 12/04/2023 12/04/23 | Pending | -- | -- | -- |
| 11/13/2023 11/13/23 | Price Changed | $49,900 | -16.7% | $39 / Sq Ft |
| 10/25/2023 10/25/23 | For Sale | $59,900 | -- | $46 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | -- | $15,220 | -- | -- |
| 2022 | $0 | $11,800 | $2,920 | $8,880 |
| 2021 | $0 | $11,800 | $2,920 | $8,880 |
| 2020 | $0 | $11,800 | $2,920 | $8,880 |
| 2019 | $0 | $11,800 | $0 | $0 |
| 2018 | $0 | $10,520 | $0 | $0 |
| 2017 | $0 | $10,520 | $0 | $0 |
| 2016 | $6 | $9,380 | $0 | $0 |
| 2015 | -- | $10,520 | $0 | $0 |
| 2014 | $1 | $10,380 | $0 | $0 |
| 2013 | $1 | $10,380 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Hancock
Seller's Agent in 2023
Andrew Hancock
Keller Williams Realty Vestavia
(205) 999-7508
1 in this area
204 Total Sales
-
Amanda Dabbs
Buyer's Agent in 2023
Amanda Dabbs
RealtySouth
(205) 746-8820
23 in this area
510 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21368963
APN: 29-00-07-4-033-001.000
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.
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