NOT LISTED FOR SALE

605 E Commerce St Greenville, AL 36037

Estimated Value: $487,000

Studio
-- 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 $2,794/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 Sq Ft Lot

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
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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
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

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

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 498939

Montgomery Area Association of REALTORS®

APN: 0806231001001000

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