NOT LISTED FOR SALE

719 Ridgemont Ave Montgomery, AL 36105

Estimated Value: $58,000 - $78,000

-- Bed
1 Bath
1,976 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $49,000 $25 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $429/month

95 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • High Speed Internet
  • Eat-In Kitchen
  • Central Heating
  • Level Lot

About This Home

As of August 2021

Want to live for free? It can happen by purchasing this prime duplex investment property. You can live on one side of the duplex and rent out the other side and have your mortgage paid by the tenant. This duplex has 2 bedrooms and 1 bath on each side with almost 1000 square feet of living space. One side already has a long-term tenant, and you can either lease out the other side or live in it yourself. If both sides are fully leased the property should be worth over $80000. Best of all, tenants pay all utilities even including water and garbage. Call for more information and to take advantage of this rare investment opportunity.

Last Agent to Sell the Property

David Herman

David Herman Realty License #0011073 Listed on: 04/24/2021

Last Buyer's Agent

David Herman

David Herman Realty License #0011073 Listed on: 04/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1955

Lot Details

  • 0.36

Parking

  • 1 Driveway Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Level Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 11-06-24-3-008-002.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$216

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • Year Built: 1955
  • New Construction: No
  • Unit Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Eat-In Kitchen
  • Flooring: Carpet - Wall to Wall, Vinyl/Linoleum
  • Kitchen Feature: Range Electric, Refrigerator

Exterior Features

  • Construction: Brick
  • Driveway: Concrete
  • Foundation: Slab
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Window Units
  • Electric Authority: Alabama Power
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Cable TV Available, Electric Power, High Speed Internet, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 11-06-24-3-008-002.000
  • Topography Type: Level

Rental Info

  • Monthly Lease: 500.00
  • Tenant Pay: All Utilities

Tax Info

  • Taxes: 216

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Lien Natalia and Lien Pin
Bought by
W & S Spivey Llc
Current Estimated Value
$69,667

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 4, 2021
Sold by
Black Leslie
Bought by
Lien Pin and Lien Natalia
Seller's Agent
David Herman
David Herman Realty
Buyer's Agent
David Herman
David Herman Realty
List Price
$49,900
Sold Price
$49,000
Premium/Discount to List
-$900
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 12, 2019
Sold by
Adams Crittenden Joecelyn P and Adams Crittenden Patricia
Bought by
Black Leslie
Seller's Agent
Paul Shashy
Shashy Realty, LLC
Buyer's Agent
Paul Shashy
Shashy Realty, LLC
List Price
$29,750
Sold Price
$23,000
Premium/Discount to List
-$6,750
-22.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.94%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Crittenden Patricia Adams
Bought by
Crittenden Patricia Adams and Crittenden Joecelyn P
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
W & S Spivey Llc $60,000 None Listed On Document
Lien Pin $49,000 None Available
Black Leslie $23,000 None Available
Crittenden Patricia Adams -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $49,000 -1.8% $25 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $49,900 +117.0% $25 / Sq Ft
04/19/2019 04/19/19 Sold $23,000 -22.7% $12 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $29,750 0.0% $15 / Sq Ft
12/05/2018 12/05/18 Rented $325 0.0% --
12/05/2018 12/05/18 For Rent $325 0.0% --
01/30/2018 01/30/18 Rented $325 -13.3% --
12/31/2017 12/31/17 Under Contract -- -- --
10/28/2017 10/28/17 For Rent $375 -- --
Source: Montgomery Area Association of REALTORS®

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 $630 $12,780 $800 $11,980
2023 $630 $3,960 $400 $3,560
2022 $253 $3,470 $400 $3,070
2021 $216 $5,920 $800 $5,120
2020 $216 $5,920 $800 $5,120
2019 $108 $5,920 $800 $5,120
2018 $108 $2,960 $400 $2,560
2017 $161 $8,840 $800 $8,040
2014 $161 $4,420 $400 $4,020
2013 -- $8,060 $800 $7,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 492564

Montgomery Area Association of REALTORS®

APN: 11-06-24-3-008-002.000