7227 3rd Ave S Birmingham, AL 35206
Eastlake NeighborhoodEstimated Value: $122,000 - $175,000
4
Beds
2
Baths
1,794
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Covered patio or porch
- Laundry Room
- Solid Surface Countertops
- Interior Lot
- 1-Story Property
About This Home
As of June 2021Excellent Investment Opportunity for an Eastlake Bungalow with So Much Potential! 4 Bedrooms, 2 Bathrooms, Vinyl Siding, Hardwood Floors! Currently Set up as a Duplex, and Perfect for 2 Income Producing Rentals or Could Be a Single Family Home. Home to be Sold AS-IS. Buyer or Buyer Agent to Verify Schools. MORE PICTURES COMING!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $898
Year Built
- Built in 1930
Lot Details
- 8,276 Sq Ft Lot
- Interior Lot
- Few Trees
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 1,794 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Wood Burning Fireplace
- Brick Fireplace
- Window Treatments
- Living Room with Fireplace
- Wood Flooring
- Crawl Space
- Solid Surface Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Covered patio or porch
Schools
- Barrett Elementary School
- Putnam Middle School
- Woodlawn High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2300154007003.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2021
Sold by
Gbw Enterprises Llc
Bought by
Cram Eric Allen
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$106,922
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$39,107
Purchase Details
Listed on
May 15, 2021
Closed on
Jun 25, 2021
Sold by
Velocity Commercial Capital Llc
Bought by
Gbw Enterprises Llc
Seller's Agent
Jackson King
ERA King Real Estate Vestavia
Buyer's Agent
Linda Collier
Keller Williams Metro North
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.50%
Purchase Details
Closed on
Nov 23, 2020
Sold by
Aaron Bernard
Bought by
Velocity Commercial Capital Llc
Purchase Details
Closed on
Dec 3, 2019
Sold by
Giz Consulting Llc
Bought by
Aaron Bernard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 20, 2018
Sold by
Goldstein Groups Capital Llc
Bought by
Giz Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,218
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 8, 2018
Closed on
Aug 30, 2018
Sold by
Centerpiece Enterprises Llc
Bought by
Goldstein Groups Capital Llc
Seller's Agent
Latasha Sims
Prime Investment Brokers
Buyer's Agent
Pamela Lawrence
Avast Realty- Birmingham
List Price
$24,700
Sold Price
$15,000
Premium/Discount to List
-$9,700
-39.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.24%
Purchase Details
Closed on
Nov 22, 2017
Sold by
Jefferson County Housing A
Bought by
Centerpiece Enterprises Llc and Action Property Resources Llc
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Similar Homes in Birmingham, AL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cram Eric Allen | $145,000 | -- | |
| Gbw Enterprises Llc | $62,000 | -- | |
| Velocity Commercial Capital Llc | $40,000 | -- | |
| Aaron Bernard | $116,000 | -- | |
| Giz Consulting Llc | $30,000 | -- | |
| Goldstein Groups Capital Llc | $15,000 | -- | |
| Centerpiece Enterprises Llc | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cram Eric Allen | $116,000 | |
| Previous Owner | Aaron Bernard | $81,200 | |
| Previous Owner | Giz Consulting Llc | $47,218 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $62,000 | -17.3% | $35 / Sq Ft |
| 05/15/2021 05/15/21 | For Sale | $75,000 | +400.0% | $42 / Sq Ft |
| 08/31/2018 08/31/18 | Sold | $15,000 | -39.3% | $8 / Sq Ft |
| 07/18/2018 07/18/18 | Pending | -- | -- | -- |
| 06/18/2018 06/18/18 | For Sale | $24,700 | 0.0% | $14 / Sq Ft |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- |
| 02/08/2018 02/08/18 | For Sale | $24,700 | -- | $14 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $1,146 | $15,800 | -- | -- |
| 2022 | $1,032 | $14,240 | $3,540 | $10,700 |
| 2021 | $898 | $12,380 | $3,540 | $8,840 |
| 2020 | $898 | $12,380 | $3,540 | $8,840 |
| 2019 | $898 | $12,380 | $0 | $0 |
| 2018 | $0 | $10,920 | $0 | $0 |
| 2017 | $0 | $10,920 | $0 | $0 |
| 2016 | $0 | $10,920 | $0 | $0 |
| 2015 | -- | $10,920 | $0 | $0 |
| 2014 | $393 | $9,480 | $0 | $0 |
| 2013 | $393 | $9,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson King
Seller's Agent in 2021
Jackson King
ERA King Real Estate Vestavia
(205) 677-3137
1 in this area
118 Total Sales
-
Linda Collier
Buyer's Agent in 2021
Linda Collier
Keller Williams Metro North
(205) 356-1280
3 in this area
69 Total Sales
-
Seller's Agent in 2018
Latasha Sims
Prime Investment Brokers
-
Pamela Lawrence
Buyer's Agent in 2018
Pamela Lawrence
Avast Realty- Birmingham
(205) 919-2483
5 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 1285560
APN: 23-00-15-4-007-003.000
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