7002 1st Ave S Birmingham, AL 35206
Eastlake Neighborhood
3
Beds
1.5
Baths
1,283
Sq Ft
871
Sq Ft Lot
Highlights
- Solid Surface Countertops
- Porch
- 1-Story Property
- Breakfast Room
- Laundry Room
- Combination Dining and Living Room
About This Home
As of January 2021PRICE REDUCTION!!! Step up to the challenge and restore this 1930's 3 bedroom 1.5 bath home to the original beauty it was meant to be! Very spacious living area, built-in shelving from ceiling to floor in the kitchen area that add historic charm, 3 large bedrooms, separate laundry area, and a nice size back yard. This property requires very low maintenance making it a great investment property. Conveniently located near major highways, churches, schools and parks! This is a Fannie Mae property.
Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- 871 Sq Ft Lot
- Few Trees
Parking
- On-Street Parking
Home Design
- Wood Siding
Interior Spaces
- 1,283 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Combination Dining and Living Room
- Breakfast Room
- Crawl Space
- Solid Surface Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Porch
Utilities
- No Cooling
- No Heating
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 23-00-15-4-027-011.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2020
Closed on
Feb 4, 2021
Sold by
Radford Lavares
Bought by
King Petronila Macrina
Seller's Agent
kurtis hammond
KEA Realty
Buyer's Agent
Sara Beauchamp
Keller Williams Realty Vestavia
List Price
$87,000
Sold Price
$79,900
Premium/Discount to List
-$7,100
-8.16%
Total Days on Market
49
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
$23,670
Avg. Annual Appreciation
6.91%
Original Mortgage
$65,000
Outstanding Balance
$59,502
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$47,550
Purchase Details
Closed on
Jun 24, 2019
Sold by
Hamsig Development Llc
Bought by
Radford Lavares
Purchase Details
Listed on
Oct 12, 2018
Closed on
Dec 21, 2018
Sold by
Federal National Mtg Association
Bought by
Hamsig Development Llc
Seller's Agent
Tahira Khadair
New Image Realty
Buyer's Agent
kurtis hammond
KEA Realty
List Price
$18,000
Sold Price
$14,000
Premium/Discount to List
-$4,000
-22.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.21%
Purchase Details
Closed on
Oct 4, 2018
Sold by
Bank Of America National Association
Bought by
Federal National Mtg Association
Purchase Details
Closed on
Sep 28, 2018
Sold by
Smith Venus R
Bought by
Bank Of America Na
Purchase Details
Closed on
Aug 17, 2017
Sold by
Smith Thomas R
Bought by
Smith Venus Nr
Purchase Details
Closed on
Oct 10, 2002
Sold by
The Bank Of New York
Bought by
Smith Venus N R and Smith Thomas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,650
Interest Rate
5.93%
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LOCATION, LOCATION!!This 1920's bungalow home is ready for any savvy investor to take it over and make it into something for the neighborhood to talk about for years to come. Being located minutes from downtown Birmingham, UAB, Legion Field and major highways, makes this a perfect spot for convenience and desirability.Priced to sell quickly with plenty of room remaining for profit no
Andrew Nelson HomeSmart
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $79,110 | -- | |
| Warranty Deed | $85,000 | -- | |
| Special Warranty Deed | $14,000 | -- | |
| Special Warranty Deed | $11,400 | -- | |
| Foreclosure Deed | $11,400 | -- | |
| Quit Claim Deed | -- | -- | |
| Special Warranty Deed | $18,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | New Conventional | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $46,400 | Unknown | |
| Previous Owner | $16,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $79,900 | -8.2% | $62 / Sq Ft |
| 12/15/2020 12/15/20 | Pending | -- | -- | -- |
| 12/07/2020 12/07/20 | For Sale | $87,000 | +521.4% | $68 / Sq Ft |
| 12/28/2018 12/28/18 | Sold | $14,000 | 0.0% | $11 / Sq Ft |
| 11/26/2018 11/26/18 | Price Changed | $14,000 | -12.5% | $11 / Sq Ft |
| 11/13/2018 11/13/18 | Price Changed | $16,000 | -11.1% | $12 / Sq Ft |
| 10/12/2018 10/12/18 | For Sale | $18,000 | -- | $14 / 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 | $653 | $10,000 | -- | -- |
| 2022 | $578 | $8,950 | $1,770 | $7,180 |
| 2021 | $831 | $5,730 | $1,770 | $3,960 |
| 2020 | $615 | $8,480 | $3,540 | $4,940 |
| 2019 | $615 | $8,480 | $0 | $0 |
| 2018 | $550 | $7,580 | $0 | $0 |
| 2017 | $550 | $7,580 | $0 | $0 |
| 2016 | $550 | $7,580 | $0 | $0 |
| 2015 | $539 | $7,440 | $0 | $0 |
| 2014 | $459 | $6,680 | $0 | $0 |
| 2013 | $459 | $6,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
kurtis hammond
k
Seller's Agent in 2021
kurtis hammond
KEA Realty
(205) 452-9757
1 in this area
13 Total Sales
-
Sara Beauchamp
Buyer's Agent in 2021
Sara Beauchamp
Keller Williams Realty Vestavia
(205) 335-3783
2 in this area
54 Total Sales
-
Tahira Khadair
Seller's Agent in 2018
Tahira Khadair
New Image Realty
(205) 369-9658
196 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 831376
APN: 23-00-15-4-027-011.000
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