NOT LISTED FOR SALE

605 E Commerce St Greenville, AL 36037

Estimated Value: $487,000

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold October 02, 2024

Last sale price $755,900

Est. 36% decrease in value since last sale

Current estimated payment $2,844/month

1,161 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Combination Dining and Living Room
  • No HOA
  • Breakfast Bar
  • Heat Pump System

About This Home

As of October 2024

This Fine Historical Building has undergone a complete transformation that was featured in Cottage Living Magazine. The seller/developer created a beautiful urban atmosphere with many old architectural touches to maintain the historical feel of the building. The gorgeous multi-use complex offers two large office/retail spaces on the first floor, and upstairs there are four large stunning apartments. There is a courtyard that offers a common outdoor space for tenants. A proven track record for staying 100% occupied makes this a perfect investment opportunity. Income and expense reports available to interested buyers.

Last Agent to Sell the Property

Glenn Cooper

First Realty of Greenville License #0042159 Listed on: 07/13/2021

Last Buyer's Agent

Glenn Cooper

First Realty of Greenville License #0042159 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Location

  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, insurance, sewer, telephone, water
  • The owner pays for common area maintenance, grounds care, insurance, pest control, taxes
  • Assessor Parcel Number 0806231001001000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • New Construction: No
  • PropertyType: Residential Income
  • CommunityFeatures: Cable TV, Patio
  • LaundryFeatures: Washer Hookup, Dryer Hookup
  • LotFeatures: City Lot
  • NAV29_Unit_1_Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Smooth Cooktop
  • Pets Allowed: No
  • Co List Office Phone: 334-382-2688
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Interior Features: Living/Dining Room, Breakfast Bar
  • Unit Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood

Exterior Features

  • Construction Type: Brick

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 0806231001001000

Rental Info

  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Pest Control, Taxes

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Sewer, Telephone, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2017
Sold by
Boutwell John L and Boutwell Ann C
Bought by
Woodruff Alabama Properties Llc
Current Estimated Value
$487,000

Purchase Details

Closed on
Oct 19, 2000

Purchase Details

Closed on
May 6, 1980
Bought by
Ryan Caroline Poole

Purchase Details

Closed on
Nov 27, 1965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Woodruff Alabama Properties Llc $45,000 --
-- -- --
Ryan Caroline Poole -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $755,900 -20.4% --
09/16/2024 09/16/24 Pending -- -- --
07/14/2023 07/14/23 For Sale $950,000 +25.7% --
07/13/2023 07/13/23 Off Market $755,900 -- --
11/10/2022 11/10/22 Price Changed $950,000 -24.0% --
07/14/2022 07/14/22 For Sale $1,250,000 +65.4% --
07/13/2022 07/13/22 Off Market $755,900 -- --
07/13/2021 07/13/21 For Sale $1,250,000 -- --
Source: Montgomery Area Association of REALTORS®

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 $3,512 $82,640 $0 $0
2023 $3,512 $82,640 $0 $0
2022 $3,512 $82,640 $0 $0
2021 $3,011 $141,680 $2,880 $138,800
2020 $3,011 $141,680 $2,880 $138,800
2019 $2,989 $140,680 $2,880 $137,800
2018 $2,124 $49,980 $2,880 $47,100
2017 $448 $49,980 $2,880 $47,100
2016 $448 $10,540 $0 $0
2015 $448 $105,400 $0 $0
2014 $448 $105,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 498939

Montgomery Area Association of REALTORS®

APN: 0806231001001000