NOT LISTED FOR SALE

Estimated Value: $166,000 - $444,000

Studio
-- Baths
340 Sq Ft
$794/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2023

Last sale price $130,000 $382 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,573 / mo

516 Days on Market

About This Home

As of December 2023

INVESTMENT OPPORTUNITY! Let occupied units pay your mortgage while you update the vacant ones! Vacant units have been gutted by previous owner. Perfect for a construction loan! 5 units total! 4- 1 bedroom units and 1- 2 bedroom unit. After updating monthly income potential of around $2400 or so. Walking distance to UNA Campus!! Owner covers water (around $30-40 monthly), tenants pay other utilities! Vacant units to be shown first, Text agent for information. Occupied units only to be shown after contract is in place. Please DO NOT BOTHER TENANTS. Text/Call Listing agent for showing requirements. Seller is a Realtor associated with Brokerage. Seller has never occupied building. Buyer to verify all information.

Last Agent to Sell the Property

Tori Daniel

RiverCo Real Estate, LLC License #124976 Listed on: 11/08/2023

Last Buyer's Agent

MISTY GEORGE

EXIT Realty Shoals License #145973

EXIT Realty Shoals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1943

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 28x170

Schools

  • Florence Elementary And Middle School
  • Florence High School

Additional Features

  • 2-Story Property
  • Window Unit Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 5 Units
  • Florence Community
  • Florence Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 24-01-11-2-004-013.000
  • Tax Block 383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,228

Year Built

Built in 1943

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: MultiFamily
  • Type: Apartment Complex
  • Built Before 1978 (Y/N): Yes
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 28X170
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 87.25
  • Subdivision Name: Florence
  • L A N D L O R D P A I D: Water
  • Agent Only_ L A1 User Code: S288_2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes
  • NumberOfBuildings: 1
  • Stories Total: 2

Exterior Features

  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Lot Info

  • Acres: 0.24
  • Parcel Num: 24-01-11-2-004-013.000

Building Info

  • Year Built: 1943

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1227.94
  • Tax Block: 383

Multi Family

  • Total Units: 5

MLS Schools

  • Elementary School: Florence
  • Middle School: Florence
  • HighSchool: Florence

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 14, 2023
Sold by
Arh Investments Llc
Bought by
Seller's Agent
Tori Daniel
RiverCo Real Estate, LLC
Buyer's Agent
MISTY GEORGE
EXIT Realty Shoals
List Price
$165,000
Sold Price
$130,000
Premium/Discount to List
-$35,000
-21.21%
Views
11
Current Estimated Value
$269,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,872
Avg. Annual Appreciation
31.07%

Purchase Details

Closed on
Oct 4, 2018
Sold by
Mcdaniel Thomas E
Bought by
Arh Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Florence, AL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 Attorney Only
Arh Investments Llc $82,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $90,240
Previous Owner Arh Investments Llc $74,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $130,000 -12.8% $382 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $149,000 +14.6% $438 / Sq Ft
08/05/2022 08/05/22 Off Market $130,000 -- --
06/10/2022 06/10/22 For Sale $165,000 -- $485 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,696 $34,620 $0 $0
2024 $1,696 $32,140 $1,340 $30,800
2023 $1,575 $1,200 $1,200 $0
2022 $1,487 $30,340 $0 $0
2021 $1,228 $25,060 $0 $0
2020 $1,079 $22,020 $0 $0
2019 $1,079 $22,020 $0 $0
2018 $1,105 $22,560 $0 $0
2017 $1,078 $22,000 $0 $0
2016 $1,020 $20,820 $0 $0
2015 $1,020 $20,820 $0 $0
2014 $960 $19,600 $0 $0
Source: Public Records

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 506064

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-01-11-2-004-013.000

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