$185,000
SOLD JUL 19, 2023
4 Beds
2 Baths
2,016 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of November 2023

Welcome to the Industrial Duplex by the BHM airport that has cash flowed almost $40k in its first year on the short term rental market. It is projected to do even more in this next year. Sellers have installed a new roof, new privacy fence for a big backyard, new insulation and several cosmetic improvements. You can keep it short term or make it long term and either will make great returns on your investment! All furniture and appliances will be left with property. Showings will have to be scheduled around tenants and please provide proof of pre-approval letter to be granted access.

Last Agent to Sell the Property

Mason Ahmed

First Class Realty Services, L Listed on: 06/12/2023

Last Buyer's Agent

Mason Sanders

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 1934

Home Design

  • Duplex
  • Brick Frame
  • Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Tile

Schools

  • Avondale Elementary School
  • Arrington Middle School
  • Woodlawn High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Visit Down Payment Resource Website
  • Tenant pays for all utilities (tenant)
  • The owner pays for all utilities (owner), cable/tv connect (owner), electric (owner), gas (owner), hot water (owner), trash collection (owner), water/sewer (owner)

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $13,500
  • Gross Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$790

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1356677?w=PubMLS
  • Property Type: Duplex
  • Termite Company Name: Tonys Termite
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1934
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1934

Interior Features

  • Floors: Some Hardwood, Tile

Exterior Features

  • Construction: Brick and Frame, Siding
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Utilities

  • Heating: Central Control (HEAT), Gas Heat
  • Cooling: Ceiling Fans, Central Control (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: AVONDALE
  • Middle School: ARRINGTON
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-21-1-013-001.000

Rental Info

  • Owner Pays: All Utilities (OWNER), Cable/TV Connect (OWNER), Electric (OWNER), Gas (OWNER), Hot Water (OWNER), Trash Collection (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 790

Multi Family

  • Expenses: 13500
  • Gross Income: 40000

MLS Schools

  • Elementary School: AVONDALE
  • High School: WOODLAWN
  • Jr Middle School: ARRINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 28, 2023
Sold by
Jaykor 1 Llc
Bought by
Rogers Javen
Seller's Agent
Mason Sanders
Keller Williams Realty Hoover
Buyer's Agent
Debbie Andrews
TMills Realty Group
List Price
$200,000
Sold Price
$202,000
Premium/Discount to List
$2,000
1%
Views
80
Current Estimated Value
$206,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,207
Avg. Annual Appreciation
1.27%
Original Mortgage
$208,666
Interest Rate
7.63%
Mortgage Type
VA

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 25, 2023
Sold by
Binder Gerald Charles
Bought by
Jaykor 1 Llc
Seller's Agent
Mason Ahmed
First Class Realty Services, L
Buyer's Agent
Mason Sanders
Keller Williams Realty Hoover
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.66%
Original Mortgage
$138,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 17, 2023
Sold by
Del Conte Properties Llc
Bought by
Binder Gerald Charles and Binder Korin Shirreen
Seller's Agent
Mason Ahmed
First Class Realty Services, L
Buyer's Agent
Mason Sanders
Keller Williams Realty Hoover
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2021
Closed on
Oct 20, 2021
Sold by
Steppe Chad Elliot
Bought by
Del Conte Properties Llc
Seller's Agent
Cody J. Cummings
Keller Williams Metro South
Buyer's Agent
Mason Ahmed
First Class Realty Services, L
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.43%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Wf Real Property Resources
Bought by
Steppe Chad Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Oelschlaeger Albert E
Bought by
Wf Real Property Resources Llc
Source: Public Records

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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 $202,000 None Listed On Document
Quit Claim Deed $69,700 --
Warranty Deed $185,000 None Listed On Document
Warranty Deed $89,500 --
Warranty Deed $5,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,062 VA
Closed $208,666 VA
Previous Owner $138,750 New Conventional
Previous Owner $108,750 New Conventional
Previous Owner $4,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $202,000 +1.0% $112 / Sq Ft
10/19/2023 10/19/23 For Sale $200,000 +8.1% $111 / Sq Ft
07/19/2023 07/19/23 Sold $185,000 +5.7% $92 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $175,000 +95.5% $87 / Sq Ft
10/20/2021 10/20/21 Sold $89,500 0.0% $44 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $89,500 -- $44 / 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 $1,011 $38,800 -- --
2022 $790 $10,900 $2,940 $7,960
2021 $738 $10,180 $2,940 $7,240
2020 $738 $10,180 $2,940 $7,240
2019 $738 $10,180 $0 $0
2018 $571 $7,880 $0 $0
2017 $571 $7,880 $0 $0
2016 $561 $7,740 $0 $0
2015 $561 $7,740 $0 $0
2014 $531 $7,640 $0 $0
2013 $531 $7,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1356677

Greater Alabama MLS

APN: 23-00-21-1-013-001.000