Seller's Agent in 2025
Cliff Glansen
FlatFee.com
(954) 965-3990
4 in this area
5,768 Total Sales
661 Morgan St Montevallo, AL 35115
1
Bed
1
Bath
1,056
Sq Ft
0.26
Acres
Highlights
- Main Floor Primary Bedroom
- Vinyl Flooring
- 4-minute walk to Orr Park
- 1-Story Property
About This Home
As of March 2025Investor’s dream in Montevallo! This 1-bedroom, 1-bathroom home offers 1,056 sq. ft. of living space on a large 0.26-acre lot. Built in 1940, this property has great potential for renovation or rental income in a growing market. Whether you’re looking for a fix & flip project or a long-term rental, this home presents a fantastic opportunity with strong upside potential.Features & Highlights • Spacious 1,056 sq. ft. home with great layout for easy updates • Large 0.26-acre lot offering room for expansion or outdoor improvements • Located near the University of Montevallo, providing strong rental demand • Rapidly appreciating market – Montevallo home values have increased. • Close to downtown Montevallo, shopping, dining, and major highways Investment Potential • Perfect for investors looking for their next fix & flip or buy & hold rental • Comparable homes in the area have been selling significantly higher post-renovation. • Property being sold as-is. • Buyer to verify all information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,020
Year Built
- Built in 1940
Lot Details
- 0.26 Acre Lot
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 1,056 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Vinyl Flooring
- Crawl Space
- Laminate Countertops
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Schools
- Montevallo Elementary And Middle School
- Montevallo High School
Utilities
- No Cooling
- No Heating
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 36-2-03-2-002-007.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Mar 13, 2025
Sold by
Serrano Donna R
Bought by
Melendez Monica and Melendez Eleazar
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Anna Fowler
RealtySouth-Homewood
List Price
$98,495
Sold Price
$57,000
Premium/Discount to List
-$41,495
-42.13%
Views
185
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,763
Avg. Annual Appreciation
14.06%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $57,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Sold | $57,000 | -18.6% | $54 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $70,000 | -6.7% | $66 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $75,000 | -3.8% | $71 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $78,000 | -2.5% | $74 / Sq Ft |
| 02/03/2025 02/03/25 | Price Changed | $80,000 | -5.9% | $76 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $85,000 | -4.5% | $80 / Sq Ft |
| 01/28/2025 01/28/25 | Price Changed | $89,000 | -6.3% | $84 / Sq Ft |
| 01/21/2025 01/21/25 | Price Changed | $95,000 | -3.5% | $90 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $98,495 | -- | $93 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $1,020 | $20,000 | $0 | $0 |
| 2023 | $845 | $16,560 | $0 | $0 |
| 2022 | $774 | $15,180 | $0 | $0 |
| 2021 | $730 | $14,320 | $0 | $0 |
| 2020 | $592 | $11,600 | $0 | $0 |
| 2019 | $574 | $11,260 | $0 | $0 |
| 2017 | $507 | $9,940 | $0 | $0 |
| 2015 | $490 | $9,600 | $0 | $0 |
| 2014 | $481 | $9,440 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cliff Glansen
-
Anna Fowler
Buyer's Agent in 2025
Anna Fowler
RealtySouth
(205) 567-5878
1 in this area
65 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21406749
APN: 36-2-03-2-002-007-000
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