$57,000
SOLD MAR 13, 2025
1 Bed
1 Bath
1,056 Sq Ft
0.26 Acres

Recently Sold

$54 Per Sq Ft

42% Below List Price

43 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Vinyl Flooring
  • 4-minute walk to Orr Park
  • 1-Story Property

About This Home

As of March 2025

Investor’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.

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #88060

Last Buyer's Agent

Anna Fowler

RealtySouth-Homewood

RealtySouth-Homewood

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

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/21406749?w=PubMLS
  • Living Area: 1056
  • Legal Description: Block: 52 Lot: 5 REYNOLDS ADDITION TO MONTEVALLO
  • List Price per Sq Ft: 66.29
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1940
  • Price Per Sq Ft: 53.98
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Amenities: Handiman Special
  • Floors: Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Rooms Level 1: Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Main Level Sq Ft: 1056

Exterior Features

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

Garage/Parking

  • Parking Features: On Street Parking

Utilities

  • Heating: No Heat
  • Cooling: No Air
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1056
  • Internet Service Availability: Unknown

Schools

  • Elementary School: MONTEVALLO
  • Middle School: MONTEVALLO
  • High School: MONTEVALLO

Lot Info

  • Assessor Parcel Number: 36-2-03-2-002-007.000
  • Number Acres: 0.26

Tax Info

  • Tax District: MONTEVALLO

MLS Schools

  • Elementary School: MONTEVALLO
  • High School: MONTEVALLO
  • Jr Middle School: MONTEVALLO

Map

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
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

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

Deed History

Date Type Sale Price Title Company
Warranty Deed $57,000 None Listed On Document
Source: Public Records

Source: Greater Alabama MLS

MLS Number: 21406749

Greater Alabama MLS

APN: 36-2-03-2-002-007-000