NOT LISTED FOR SALE

642 S Parkell Ave Bessemer, AL 35023

Estimated Value: $89,646 - $154,000

2 Beds
1 Bath
684 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $102,000 $149 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $709/month

109 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of February 2023

Great rental in Birmingham meets the 1% rule. Professional managed with strong payment history this rental is in a stable area. Main house monthly rent is $715/month and garage apartment is $515/Month. Amazing opportunity to own a cash-flowing rental in the Birmingham Market.

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 10/07/2022

Keller Williams Homewood

Last Buyer's Agent

Todd Helzer

Keller Williams Homewood Listed on: 10/07/2022

Keller Williams Homewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Hueytown Elementary And Middle School
  • Hueytown High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1335891?w=PubMLS
  • Living Area: 684
  • Legal Description: COM NW COR OF SEC 30 TSP 18S R 4W TH E ALG N BDRY LINE SD SEC 186.5 FT S 319.1 FT TO POB TH CONT S 53.1 FT E 163.4 FT N HUEYTOWN RD TH S 106 S FT ALONG THE E R/W OF PARKEL AVE TH E 148S FT TH N 106S FT TH 53.1 FT W 163.4 FT TO POB
  • List Price per Sq Ft: 149.12
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1940
  • Price Per Sq Ft: 149.12
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Floors: Carpet, Vinyl
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|Living1|FullBath1|Bedroom1|Bedroom1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living, On Level: 1
  • Room 3: Full Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 684

Exterior Features

  • Construction: Siding-Wood
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 684

Schools

  • Elementary School: HUEYTOWN
  • Middle School: HUEYTOWN
  • High School: HUEYTOWN

Lot Info

  • Assessor Parcel Number: 30-00-30-2-004-003.000
  • Number Acres: 0.19

Tax Info

  • Tax District: HUEYTOWN
  • Annual Tax: 613

MLS Schools

  • Elementary School: HUEYTOWN
  • High School: HUEYTOWN
  • Jr Middle School: HUEYTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 23, 2023
Sold by
Drum Management Llc
Bought by
Longevity Investments Llc
Seller's Agent
Todd Helzer
Keller Williams Homewood
Buyer's Agent
Todd Helzer
Keller Williams Homewood
List Price
$102,000
Sold Price
$102,000
Current Estimated Value
$122,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,912
Avg. Annual Appreciation
7.21%
Original Mortgage
$86,700
Outstanding Balance
$83,880
Interest Rate
6.13%
Mortgage Type
Mortgage Modification
Estimated Equity
$39,032

Purchase Details

Closed on
Aug 20, 2019
Sold by
Lauderdale Lisa
Bought by
Drum Management Llc

Purchase Details

Closed on
Apr 14, 2015
Sold by
Head Melvin A
Bought by
Lauderdale Lisa
Source: Public Records

Range of Values:

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Average Value
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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
Longevity Investments Llc $102,000 --
Drum Management Llc $15,500 --
Lauderdale Lisa $37,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longevity Investments Llc $86,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $102,000 0.0% $149 / Sq Ft
10/07/2022 10/07/22 For Sale $102,000 0.0% $149 / Sq Ft
01/29/2021 01/29/21 Rented $695 0.0% --
12/22/2020 12/22/20 For Rent $695 -- --
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 $767 $13,240 -- --
2022 $688 $11,440 $4,200 $7,240
2021 $566 $9,420 $4,200 $5,220
2020 $628 $10,200 $4,200 $6,000
2019 $554 $9,220 $0 $0
2018 $453 $7,540 $0 $0
2017 $453 $7,540 $0 $0
2016 $453 $7,540 $0 $0
2015 $453 $7,540 $0 $0
2014 $359 $7,440 $0 $0
2013 $359 $7,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1335891

Greater Alabama MLS

APN: 30-00-30-2-004-003.000