NOT LISTED FOR SALE

723 Arsenal Place Selma, AL 36701

Estimated Value: $146,000 - $249,000

-- Bed
-- Bath
3,516 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $72,000 $20 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,217/month

3 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Multiple cooling system units
  • No HOA
  • 2 Car Detached Garage
  • Dining Room

About This Home

As of January 2021

Duplex has had some work completed but both units still need upgrades and work. Kitchens in both units are VERY SMALL.

Last Agent to Sell the Property

Nancy Bennett

Property Services License #016529 Listed on: 12/15/2020

Last Buyer's Agent

Nancy Bennett

Property Services License #016529 Listed on: 12/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1920

Lot Details

  • 9,017

Home Design

  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Breakfast Area or Nook

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 11073640020530000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 2 Story
  • Year Built: 1920
  • New Construction: No
  • Unit Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Breakfast Room/Nook, Separate Dining Room
  • Flooring: Carpet - Wall to Wall, Vinyl/Linoleum, Wood

Exterior Features

  • Construction: Metal Siding
  • Driveway: Gravel
  • Foundation: Conventional
  • Waterfront: No

Garage/Parking

  • Number Of Garage Spaces: 2.00
  • Parking: Garage Detached

Utilities

  • Cooling: 2 or More Units
  • Electric Authority: Alabama Power
  • Heating: 2 or More Units
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Cable TV Available
  • Water: Community
  • Water Authority: Selma Water Works
  • Water Heater: 2 or More Units

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 11073640020530000

Rental Info

  • Tenant Pay: All Utilities

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Green Don M and Phillips Arthur A
Bought by
Bama Reign Llc
Current Estimated Value
$199,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$134,252
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$85,329

Purchase Details

Closed on
Apr 17, 2023
Sold by
Green Don M
Bought by
Green Don M and Phillips Arthur A

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 6, 2021
Sold by
Boudreaux Katie and Boudreaux Julie
Bought by
Green Don M
Seller's Agent
Nancy Bennett
Property Services
Buyer's Agent
Nancy Bennett
Property Services
List Price
$80,000
Sold Price
$72,000
Premium/Discount to List
-$8,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.98%
Original Mortgage
$65,000
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 2012
Sold by
Mary B Mary B and Berrey Mary Drew
Bought by
Boudreaux Julie
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 Buyer Sale Price Title Company
Bama Reign Llc $225,000 None Listed On Document
Green Don M -- None Listed On Document
Green Don M $72,000 None Available
Boudreaux Julie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bama Reign Llc $135,000
Previous Owner Green Don M $89,000
Previous Owner Green Don M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $72,000 -10.0% $20 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $80,000 -- $23 / Sq Ft
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 $1,364 $23,720 $0 $0
2023 $1,364 $23,720 $0 $0
2022 $1,308 $22,740 $0 $0
2021 $678 $22,240 $1,180 $21,060
2020 $678 $22,240 $1,180 $21,060
2019 $678 $22,240 $1,180 $21,060
2018 $492 $16,120 $1,180 $14,940
2017 $408 $13,380 $1,180 $12,200
2016 $408 $13,380 $1,180 $12,200
2015 $408 $13,380 $1,180 $12,200
2013 $532 $17,440 $1,620 $15,820
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Bennett

    Property Services

    (334) 412-4868

    14 Total Sales

    Nancy Bennett
    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 485803

Montgomery Area Association of REALTORS®

APN: 11-07-36-4-002-053.0000

Alabama Dallas County Selma 36701

723 Arsenal Place, Selma, AL

This home is located at 723 Arsenal Place, Selma, AL 36701 since 15 December 2020 and is currently estimated at $199,612, approximately $56 per square foot. This property was built in 1920. 723 Arsenal Place is a home located in Dallas County with nearby schools including Selma High School, Leikas at Church Street Umc, and Calvary Christian School.

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