NOT LISTED FOR SALE

726 Ridgemont Ave Unit 728 Montgomery, AL 36105

Estimated Value: $78,000 - $89,161

-- Bed
1 Bath
2,160 Sq Ft
$38/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $74,000 $34 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $492/month

161 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • No HOA

About This Home

As of February 2022

INVESTOR SPECIAL DUPLEX FOR SALE!!!!!! GREAT INCOME PRODUCING 2 BED 1 BATH IN EACH UNIT! ONE DUPLEX 2 UNITS!! THESE PROPERTIES WILL NOT LAST LONG. GOOD PAYING TENANTS IN EACH UNIT. OWNER WILL TO SALE BOTH DUPLEXES! MAKE AN OFFER TODAY!!

Last Agent to Sell the Property

Cornelious Taylor

Taylor Realty License #0128275 Listed on: 09/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $400

Lot Details

  • 0.28

Parking

  • 1 Driveway Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Utilities

  • No Cooling
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03-11-06-24-03-015-031000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$400

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • New Construction: No
  • Unit Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Eat-In Kitchen
  • Flooring: Wood

Exterior Features

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

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: None
  • Heating: Unknown
  • Sewer: Public Sewer
  • Utilities: Natural Gas
  • Water: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 03-11-06-24-03-015-031000

Rental Info

  • Tenant Pay: All Utilities

Tax Info

  • Taxes: 400

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2023
Sold by
Morris Lawrence and Morris Delia
Bought by
Dells Llc
Current Estimated Value
$82,790

Purchase Details

Listed on
Jun 22, 2012
Closed on
Sep 5, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hyde Jimmy
Seller's Agent
Deanna Lambert Smith
Porch Light Real Estate, LLC.
Buyer's Agent
Jean Williams
Montgomery Metro Realty
List Price
$16,500
Sold Price
$13,900
Premium/Discount to List
-$2,600
-15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Nail Rusty A and Nail Belinda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 28, 2004
Sold by
Johnson Lorraine R and Cole Johnnie N
Bought by
Nail Rusty A and Nail Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 1999
Sold by
Wilmar Inc
Bought by
Thompson Jimmy A and Thompson Tama T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 27, 1999
Sold by
Carr Jackie L and Strong Julie Carr
Bought by
Wilmar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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
Dells Llc $84,000 None Listed On Document
Dells Llc $84,000 None Listed On Document
Hyde Jimmy $13,900 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corporation $41,060 None Available
Nail Rusty A -- --
Thompson Jimmy A -- --
Wilmar Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nail Rusty A $58,500
Previous Owner Thompson Jimmy A $42,000
Closed Thompson Jimmy A $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $74,000 -26.0% $34 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
12/12/2021 12/12/21 For Sale $100,000 +35.1% $46 / Sq Ft
10/25/2021 10/25/21 Off Market $74,000 -- --
09/09/2021 09/09/21 For Sale $100,000 +619.4% $46 / Sq Ft
09/05/2012 09/05/12 Sold $13,900 -15.8% $6 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $16,500 -- $8 / 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 $630 $12,780 $800 $11,980
2023 $630 $5,740 $400 $5,340
2022 $365 $5,000 $400 $4,600
2021 $416 $11,400 $0 $0
2020 $416 $8,480 $800 $7,680
2019 $416 $8,480 $800 $7,680
2018 $416 $11,400 $0 $0
2017 $416 $8,120 $800 $7,320
2014 $416 $8,120 $800 $7,320
2013 -- $7,420 $800 $6,620
Source: Public Records

Agents Affiliated with this Home

  • Cornelious Taylor

    Seller's Agent in 2022

    Cornelious Taylor

    Taylor Realty

    (334) 513-9050

    135 Total Sales

    Cornelious Taylor
    Section Image
  • Deanna Lambert Smith

    Seller's Agent in 2012

    Deanna Lambert Smith

    Porch Light Real Estate, LLC.

    (334) 799-2759

    81 Total Sales

    Deanna Lambert Smith
    Section Image

  • J

    Buyer's Agent in 2012

    Jean Williams

    Montgomery Metro Realty

    (334) 315-9600

    34 Total Sales

    Jean Williams
    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 503247

Montgomery Area Association of REALTORS®

APN: 11-06-24-3-015-031.000

Alabama Montgomery County Montgomery 36105

726 Ridgemont Ave Unit 728, Montgomery, AL

This home is located at 726 Ridgemont Ave Unit 728, Montgomery, AL 36105 since 09 September 2021 and is currently estimated at $82,790, approximately $38 per square foot. 726 Ridgemont Ave Unit 728 is a home located in Montgomery County with nearby schools including E. D. Nixon Elementary School, Bellingrath Junior High School, and Lanier Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Montgomery Area Association of REALTORS® Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

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