$60,000
SOLD NOV 4, 2020

718 Oak St Bessemer, AL 35022

3 Beds
2 Baths
1,230 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

29% Below List Price

76 Days on Market

Highlights

  • City View
  • Attic
  • Covered Patio or Porch
  • Wood Flooring
  • Den
  • Double Pane Windows

About This Home

As of January 2021

3br/2ba home in the heart of Bessemer. It has tons of character and would be a great starter home. This home has a new roof and has been freshly painted on the outside. Your mortgage payments on this home could be less than rent. The seller has budgeted for some repairs. This home is central to Amazon, manufacturing, shopping and restaurants. Don't miss this opportunity!

Last Agent to Sell the Property

Shelly Wallace

RealtySouth-OTM-Acton Rd Listed on: 08/07/2020

RealtySouth-OTM-Acton Rd

Last Buyer's Agent

Hugh Morrow

RE/MAX Preferred

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $382

Year Built

  • Built in 1942

Parking

  • Driveway

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • City Views
  • Crawl Space
  • Laminate Countertops
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38-00-20-2-009-013.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$382

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Living Area: 1230
  • Legal Description: Lot 6 Blk 5 W C Paden 1St Add To Bessemer
  • List Price per Sq Ft: 68.7
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1942
  • Price Per Sq Ft: 48.78
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Interior Amenities: Handiman Special
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|Bedroom1|Bedroom1|FullBath1|MasterBath1|Living1|Den1|Kitchen1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Living, On Level: 1
  • Room 7: Den/Family, On Level: 1
  • Room 8: Kitchen, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Main Level Sq Ft: 1230

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1230

Schools

  • Elementary School: WESTHILLS
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 38-00-20-2-009-013.000
  • Lot View: Yes
  • Lot View Type: City View
  • Number Acres: 0.23

Green Features

  • Energy Green Features: Doub Paned Windows

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 22, 2021
Sold by
Allied Value Investors Llc
Bought by
Johnson Leslie
Seller's Agent
Hugh Morrow
RE/MAX Preferred
Buyer's Agent
Laura Gulino
eXp Realty, LLC Central
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 4, 2020
Sold by
Walker David Ray
Bought by
Allied Value Investors Llc
Seller's Agent
Shelly Wallace
RealtySouth-OTM-Acton Rd
Buyer's Agent
Hugh Morrow
RE/MAX Preferred
List Price
$84,500
Sold Price
$60,000
Premium/Discount to List
-$24,500
-28.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2148.01%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Walker David Ray
Bought by
Walker David Ray

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jul 17, 2012
Sold by
Secretary Of Housing And U
Bought by
Walker David Ray
Seller's Agent
Pat Martin
Century 21 Meyer Real Estate
Buyer's Agent
Susan Hogg
Prime Investment Brokers
List Price
$19,000
Sold Price
$20,220
Premium/Discount to List
$1,220
6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing And U and Conn C O Michaelson

Purchase Details

Closed on
Mar 23, 2004
Sold by
Vandervort Gary Allen and Vandervort Dorothy L
Bought by
Hill Sheree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,665
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2002
Sold by
Vandervort Gary Allen
Bought by
Vandervort Gary Allen and Vandervort Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.67%
Source: Public Records

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Range of Values:

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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 $119,000 --
Warranty Deed $60,000 --
Quit Claim Deed -- --
Special Warranty Deed $20,220 --
Special Warranty Deed -- --
Warranty Deed $78,665 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,665 FHA
Previous Owner $45,000 No Value Available
Previous Owner $29,000 Unknown
Closed $3,146 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $74,500 -37.4% $61 / Sq Ft
01/22/2021 01/22/21 Sold $119,000 -0.8% $97 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $119,900 +99.8% $97 / Sq Ft
11/04/2020 11/04/20 Sold $60,000 -29.0% $49 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $84,500 +40.8% $69 / Sq Ft
09/09/2020 09/09/20 Off Market $60,000 -- --
08/07/2020 08/07/20 For Sale $84,500 +317.9% $69 / Sq Ft
07/19/2012 07/19/12 Sold $20,220 +6.4% $16 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $19,000 -- $15 / 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 $487 $7,860 -- --
2022 $381 $6,320 $2,330 $3,990
2021 $381 $6,320 $2,330 $3,990
2020 $386 $6,320 $2,330 $3,990
2019 $381 $6,320 $0 $0
2018 $470 $7,620 $0 $0
2017 $470 $7,620 $0 $0
2016 $470 $7,620 $0 $0
2015 $470 $7,620 $0 $0
2014 $620 $7,520 $0 $0
2013 $620 $7,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 891805

Greater Alabama MLS

APN: 38-00-20-2-009-013.000