NOT LISTED FOR SALE

720 15th St N Unit 23 Bessemer, AL 35020

Estimated Value: $67,249 - $104,000

3 Beds
2 Baths
1,600 Sq Ft
$54/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $50,000 $31 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $512/month

About This Home

As of January 2022

Do Not Miss out on this investment opportunity. The owners have owned this property for over 30 years. It has been well kept. Unit 1 has been totally remodeled and the Unit 2 has had the same tenant in it for 10 years. It is currently being rented for 375.00 per month for the 2 bedroom unit. Stove and refrigerators stay in both units. All window air units stay and wall heaters. Water Heaters are new. One is gas and the other is electric. Owner is selling as-is for cash.

Last Agent to Sell the Property

Charlene Lockhart

RealtySouth-OTM-Acton Rd Listed on: 07/27/2021

RealtySouth-OTM-Acton Rd

Last Buyer's Agent

Katrece Boles

EXIT Realty Birmingham

EXIT Realty Birmingham

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $508

Year Built

  • Built in 1924

Lot Details

  • 4,487

Parking

  • On-Street Parking

Home Design

  • Siding

Interior Spaces

  • Storage
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Jonesboro Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $508
  • Gross Income $375

Property Details

Home Type

Apartment

Est. Annual Taxes

$508

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Dual or Variable Rate Commission: Yes
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1924
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Floors: Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: Storage

Exterior Features

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

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Individual Units (HEAT)
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 5

Schools

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

Lot Info

  • Assessor Parcel Number: 3800092029002000
  • Unit/Lot Number: 23

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 508

Multi Family

  • Expenses: 508
  • Gross Income: 375

MLS Schools

  • Elementary School: JONESBORO
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
White John S
Bought by
White Nathan Roy
Current Estimated Value
$86,062

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 26, 2022
Sold by
Jones Donald W
Bought by
White John
Seller's Agent
Charlene Lockhart
RealtySouth-OTM-Acton Rd
Buyer's Agent
Katrece Boles
EXIT Realty Birmingham
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
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
White Nathan Roy -- None Listed On Document
Bush Elizabeth Ann -- None Listed On Document
White John $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Off Market $50,000 -- --
01/27/2022 01/27/22 Sold $50,000 -16.5% $31 / Sq Ft
07/27/2021 07/27/21 For Sale $59,900 -- $37 / 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 $650 $9,460 -- --
2022 $508 $7,400 $2,040 $5,360
2021 $508 $7,400 $2,040 $5,360
2020 $523 $7,400 $2,040 $5,360
2019 $508 $10,980 $0 $0
2018 $550 $8,000 $0 $0
2017 $550 $8,000 $0 $0
2016 $550 $8,000 $0 $0
2015 $550 $8,000 $0 $0
2014 $556 $7,880 $0 $0
2013 $556 $7,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1293858

Greater Alabama MLS

APN: 38-00-09-2-029-002.000