$60,000
UNDER CONTRACT $5K PRICE DROP

705 40th St Fairfield, AL 35064

Estimated payment $385/month

Total Views 5,544
2 Beds
1 Bath
788 Sq Ft
$76 Price per Sq Ft

Highlights

  • Attic
  • Porch
  • 1-Story Property
  • Solid Surface Countertops
  • Laundry Room
  • Central Heating and Cooling System

About This Home

This cute 2 bedroom home would be an excellent addition to any investment portfolio. A long-term tenant is in place and would love to stay in the home. This home could be sold individually or in combination with MLS 21417800.

Listing Agent

Walker Musso

Keller Williams Realty Vestavia Listed on: 05/03/2025

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1955

Home Design

  • Vinyl Siding

Interior Spaces

  • 788 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • 2 Carport Spaces
  • Driveway
  • On-Street Parking

Schools

  • Donald Elementary School
  • Fairfield Middle School
  • Fairfield High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Porch
  • 7,405 Sq Ft Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21417804?w=PubMLS
  • Living Area: 788
  • Legal Description: LOT 23 BL 1 DOBBINS BROS FAIRFIELD SUB
  • List Price per Sq Ft: 76.14
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1955
  • Price Per Sq Ft: 76.14
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Floors: Carpet, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|Living/Din1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 788

Exterior Features

  • Construction: Siding-Vinyl
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Driveway Parking, On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 788
  • Internet Service Availability: Unknown

Schools

  • Elementary School: DONALD
  • Middle School: FAIRFIELD
  • High School: FAIRFIELD

Lot Info

  • Assessor Parcel Number: 30-00-01-4-049-005.000
  • Number Acres: 0.17

Tax Info

  • Tax District: FAIRFIELD

MLS Schools

  • Elementary School: DONALD
  • High School: FAIRFIELD
  • Jr Middle School: FAIRFIELD

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

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 $673 $9,040 -- --
2022 $572 $7,680 $2,900 $4,780
2021 $572 $7,680 $2,900 $4,780
2020 $587 $7,680 $2,900 $4,780
2019 $572 $7,680 $0 $0
2018 $520 $6,980 $0 $0
2017 $520 $6,980 $0 $0
2016 $520 $6,980 $0 $0
2015 -- $6,980 $0 $0
2014 $516 $6,920 $0 $0
2013 $516 $6,920 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $60,000 -7.7% $76 / Sq Ft
05/03/2025 05/03/25 For Sale $65,000 -- $82 / Sq Ft
Source: Greater Alabama MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $256,004 --
Warranty Deed -- --
Warranty Deed $24,500 --
Warranty Deed $17,000 --
Source: Public Records

Similar Homes in Fairfield, AL

  • 5314 Belrosa Terrace, Fairfield, AL 35064

    $55,000

    • 2 Beds
    • 1 Bath
    • 1,078 Sq Ft
    • 5314 Belrosa Terrace
    • Fairfield, AL

    Calling all investors! Don’t miss this opportunity to add to your rental portfolio or start your next flip project. This 2-bedroom, 1-bathroom home offers solid bones and strong potential. Located on a quiet street in Fairfield, the property is minutes from downtown Birmingham, major highways, and local schools. This property is being sold as-is, so bring your contractor and vision! Whether

    Shannon Wormley Keller Williams Realty Hoover

    Section Image
  • 121 61st St, Fairfield, AL 35064

    $65,000

    • 4 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • 121 61st St
    • Fairfield, AL

    Home is tenant occupied. Very spacious 4 bedroom/ 2 bath home near Miles College! Schedule your showing today.

    Viola Broadnax Alabama Realty Brokers III

    Section Image
  • 1305 41st St, Fairfield, AL 35064

    $69,900

    • 3 Beds
    • 1 Bath
    • 1,760 Sq Ft
    • 1305 41st St
    • Fairfield, AL

    Located in the historic Bellview Heights neighborhood, this 3-bedroom, 1-bath home offers plenty of living space, original hardwood floors, and a detached garage for extra storage. Priced at $89,900, it’s a great opportunity for investors looking for their next project. There is a small area of fire damage near the stove in the kitchen, but with a some work, this property has solid potential.

    Mandy Williams Keller Williams Homewood

    Section Image
  • 542 44th St, Fairfield, AL 35064

    $69,500

    • 3 Beds
    • 1 Bath
    • 1,356 Sq Ft
    • 542 44th St
    • Fairfield, AL

    Unlock the potential of this charming 3-bedroom, 1-bathroom single-family home, ideally situated close to downtown Birmingham and just minutes from Fairfield High School, Miles College, and a nearby park. With 1,356 finished square feet, this fixer-upper offers a unique opportunity for investors and cash buyers looking to make their mark in a thriving community. The property boasts easy access to

    Tanganyika Crowley-Scott Avast Realty- Birmingham

    Section Image
  • 513 Oak Place, Fairfield, AL 35064

    $50,000

    • 3 Beds
    • 1 Bath
    • 1,440 Sq Ft
    • 513 Oak Place
    • Fairfield, AL

    Investor special! This 3-bedroom, 1-bath home is a great fixer-upper with tons of potential. Whether you're looking to flip, rent, or add to your portfolio, this property offers a solid layout and opportunity to build equity. Don’t miss out on this value-add deal!

    Shayla Dotson First Class Realty Services, L

    Section Image
  • 224 51st St, Fairfield, AL 35064

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,172 Sq Ft
    • 224 51st St
    • Fairfield, AL

    The home is located in the center of Fairfield, AL, with a newly renovated bathroom and new HVAC system. A great investment property.

    Tiffany Harris Arice Properties LLC

    Section Image
  • 215 50th St, Fairfield, AL 35064

    $75,000

    • 4 Beds
    • 2.5 Baths
    • 1,856 Sq Ft
    • 215 50th St
    • Fairfield, AL

    Investor Special! This 4 bed, 2.5 bath fixer-upper is full of potential and ready for the right buyer to bring it back to life. It needs some TLC, with HVAC and plumbing work required, but the roof and electrical are in good shape—saving you on major expenses. Whether you're looking for a flip or a rental opportunity, this one has great bones and is priced to move.

    Erica Ross Method Alabama LLC

    Section Image
  • 5313 Terrace Ave, Fairfield, AL 35064

    $75,000

    • 3 Beds
    • 2 Baths
    • 1,220 Sq Ft
    • 5313 Terrace Ave
    • Fairfield, AL

    GREAT INVESTMENT OPPORTUNITY!!! This 3-bedroom, 2-bath single-family home is a solid investment opportunity in the heart of Fairfield. Tenant-occupied with consistent rental income, this property is perfect for investors seeking immediate cash flow with minimal upfront hassle. Currently, Section 8 is paying $750 per month, providing reliable and government-backed rental income.

    Josh Vernon Keller Williams Realty Vestavia

    Section Image
  • 5409 Court g, Fairfield, AL 35064

    $58,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 5409 Court g
    • Fairfield, AL

    Turnkey Investment Opportunity: Immediate Cash Flow Awaits! This 2-bedroom, 1-bath property presents an exceptional investment, featuring a reliable tenant already in place for immediate rental income from day one. Located in a high-demand rental market, this property offers the potential for steady cash flow and is a seamless addition to any portfolio. Don't miss this opportunity for a truly

    Katie Screven Keller Williams Homewood

    Section Image

Source: Greater Alabama MLS

MLS Number: 21417804

Greater Alabama MLS

APN: 30-00-01-4-049-005.000