NOT LISTED FOR SALE

Estimated Value: $65,000 - $116,000

2 Beds
2 Baths
1,417 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $150,000 $106 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $537/month

6 Days on Market

Highlights

  • City View
  • 1-Story Property
  • Wood Siding
  • Wood Frame Window
  • Central Heating and Cooling System

About This Home

As of October 2023

***INVESTORS***Here is your chance to grab up this 3 plex. Two units are rented. One is vacant at this time. Can be a great income producing property. Buyer to verify all information. Seller or Agent make no representation as to accuracy. Seller is a licensed agent in the state of Alabama.

Last Agent to Sell the Property

Kimberly Hunter

RE/MAX Realty Professionals License #68330 Listed on: 08/17/2023

RE/MAX Realty Professionals

Last Buyer's Agent

Jeremy Tanner

Tanner & Company Real Estate L License #143875-1

Tanner & Company Real Estate L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $624

Lot Details

  • 7,305 Sq Ft Lot
  • Lot Dimensions are 50x150x48x149

Parking

  • Parking Lot

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Frame Window
  • City Views

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Bon Air Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2909294001014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$624

Lot Details

7,305 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 18 SQ 18 BON AIR ESTS DBK 156 N S PG 374-7 #SEC 29 T4S R1W #MP29 09 29 4 001
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Wood Frames

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Subdivision Complex: BON AIR ESTATES

Lot Info

  • Acres: 0.1677
  • Lot Dimensions: 50x150x48x149
  • Parcel Number: 2909294001014
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 624.00
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Mobile - Other
  • High School: Mobile - Other
  • Middle School: Mobile - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 28, 2023
Sold by
J & M Llc
Bought by
Honu Properties Iii Llc
Seller's Agent
Kimberly Hunter
RE/MAX Realty Professionals
Buyer's Agent
Jeremy Tanner
Tanner & Company Real Estate L
List Price
$115,000
Sold Price
$150,000
Premium/Discount to List
$35,000
30.43%
Views
9
Current Estimated Value
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,000
Avg. Annual Appreciation
-18.64%
Original Mortgage
$700,000
Outstanding Balance
$427,313
Interest Rate
7.23%
Mortgage Type
Construction
Estimated Equity
-$335,313

Purchase Details

Closed on
Apr 30, 2019
Sold by
Bowen Charles M
Bought by
J And M Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Honu Properties Iii Llc $1,000,000 None Listed On Document
J And M Llc $40,000 Brock Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honu Properties Iii Llc $700,000
Previous Owner J And M Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $150,000 +30.4% $106 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $115,000 -- $81 / Sq Ft
Source: Gulf Coast MLS (Mobile 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
2025 $758 $12,740 $1,600 $11,140
2024 $758 $11,020 $1,600 $9,420
2023 $710 $10,220 $1,600 $8,620
2022 $624 $9,820 $1,600 $8,220
2021 $613 $9,660 $1,600 $8,060
2020 $469 $7,380 $1,600 $5,780
2019 $447 $7,040 $1,860 $5,180
2018 $447 $7,040 $0 $0
2017 $469 $7,380 $0 $0
2016 $580 $9,140 $0 $0
2013 $639 $9,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7262929

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-09-29-4-001-014

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