$42,000
SOLD AUG 8, 2022
2 Beds
1 Bath
754 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

14% Below List Price

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System
  • Den
  • 1-Story Property
  • 5-minute walk to Wahouma Park

About This Home

As of September 2024

Turnkey investment property in the growing Eastlake area. Monthly rent is $650. This 2/1 with a newer roof is a solid house and ready to cashflow. Investment property wont last long and it is priced to sell.

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 06/06/2022

Keller Williams Homewood

Co-Listed By

Rob Drum

eXp Realty, LLC Central

Last Buyer's Agent

Kimberly Benefield

EXIT Realty Sweet HOMElife

EXIT Realty Sweet HOMElife

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 754 Sq Ft Home
  • 1-Story Property
  • Den
  • Crawl Space
  • Laminate Countertops

Flooring

  • Wood
  • 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

Schools

  • Barrett Elementary School
  • Ossie Ware Mitchell Middle School
  • Woodlawn High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1322842?w=PubMLS
  • Living Area: 754
  • Legal Description: LOT 10 BLK 2 BEVERLY ADD TO EAST LAKE
  • List Price per Sq Ft: 64.99
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1949
  • Price Per Sq Ft: 55.7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Floors: Carpet, Hardwood, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Bedroom1|Kitchen1|Bedroom1|FullBath1|Den1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Den/Family, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 754

Exterior Features

  • Construction: Shingle
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Forced Air, Gas Heat
  • Cooling: Window Units
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 754

Schools

  • Elementary School: BARRETT
  • Middle School: OSSIE WARE MITCHELL
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-15-2-018-010.000
  • Number Acres: 0.16

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 806

MLS Schools

  • Elementary School: BARRETT
  • High School: WOODLAWN
  • Jr Middle School: OSSIE WARE MITCHELL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Sep 11, 2024
Sold by
Chiaramonte Investments Llc
Bought by
Wright John
Seller's Agent
Kimberly Benefield
EXIT Realty Sweet HOMElife
Buyer's Agent
Jerel Cain
EXIT Realty Birmingham
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Views
74
Current Estimated Value
$68,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,785
Avg. Annual Appreciation
-2.58%
Original Mortgage
$10,000
Outstanding Balance
$9,907
Interest Rate
6.47%
Estimated Equity
$58,308

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 4, 2022
Sold by
Brenmar Leasing Llc
Bought by
Chiaramonte Investments Llc
Seller's Agent
Todd Helzer
Keller Williams Homewood
Buyer's Agent
Kimberly Benefield
EXIT Realty Sweet HOMElife
List Price
$49,000
Sold Price
$42,000
Premium/Discount to List
-$7,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.25%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Century Revitalization Grp
Bought by
Brenmar Leasing Llc

Purchase Details

Closed on
Oct 25, 2017
Sold by
Tate Mary E
Bought by
Century Revitalization Grp Llc

Purchase Details

Closed on
Sep 4, 2009
Sold by
The United States Department Of Housing
Bought by
B & R Land Llc

Purchase Details

Closed on
Oct 25, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Feb 13, 2004
Sold by
Crate Ellen Patricia
Bought by
Dykes Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,858
Interest Rate
5.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $70,000 None Listed On Document
Deed $42,000 Law Offices Of Jeff W Parmer L
Warranty Deed $42,000 Law Offices Of Jeff W Parmer L
Warranty Deed $25,000 --
Warranty Deed $4,000 --
Special Warranty Deed $7,700 None Available
Special Warranty Deed -- None Available
Warranty Deed $41,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 No Value Available
Open $63,956 FHA
Previous Owner $40,858 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $70,000 -6.7% $93 / Sq Ft
07/20/2024 07/20/24 Price Changed $75,000 -11.8% $99 / Sq Ft
07/02/2024 07/02/24 Price Changed $85,000 -4.5% $113 / Sq Ft
05/24/2024 05/24/24 Price Changed $89,000 -11.0% $118 / Sq Ft
05/10/2024 05/10/24 For Sale $100,000 +138.1% $133 / Sq Ft
08/08/2022 08/08/22 Sold $42,000 -14.3% $56 / Sq Ft
06/06/2022 06/06/22 For Sale $49,000 -- $65 / Sq Ft
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 $616 $8,500 -- --
2022 $924 $12,740 $3,400 $9,340
2021 $806 $11,120 $3,400 $7,720
2020 $806 $11,120 $3,400 $7,720
2019 $806 $11,120 $0 $0
2018 $0 $5,000 $0 $0
2017 $0 $5,000 $0 $0
2016 $0 $5,000 $0 $0
2015 -- $4,820 $0 $0
2014 $654 $4,200 $0 $0
2013 $654 $4,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1322842

Greater Alabama MLS

APN: 23-00-15-2-018-010.000