NOT LISTED FOR SALE
16 Beds
8 Baths
6,400 Sq Ft
0.39 Acres

Last Sold November 12, 2021

Last sale price $385,000 $60 Per Sq Ft

72 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • Central Heating

About This Home

As of November 2021

Investors wanted!!! Great 8 unit complex partially (4 units) updated and mostly occupied. Ready for first time investors or for your retirement portfolio. Insurance: $2700 annual Trash: Moore Co. $106/mo Insurance: $2700 annual Elect: each apt. has it’s own meter, Seller pays for common area lights, $100 average/mo Tenants pay water

Last Agent to Sell the Property

Marshall Malone

ARC Realty Mountain Brook Listed on: 04/14/2021

ARC Realty Mountain Brook

Last Buyer's Agent

Brandon Cobia

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1962

Lot Details

  • 0.39

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Crawl Space

Schools

  • Robinson Elementary School
  • Putnam Middle School
  • Woodlawn High School

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant)
  • The owner pays for trash collection (owner)

Community Details

Overview

  • 8 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $748
  • Gross Income $4,915

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,829

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Termite Company Name: Unknown
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1962
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Floors: Some Hardwood, Vinyl, Wall-to-Wall Carpet
  • Basement Finished: All Unfinished
  • Miscellaneous: Pets Not Allowed

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric Tankless

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Central Control (HEAT), Electric (HEAT), Gas Heat
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 8

Schools

  • Elementary School: ROBINSON
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-14-2-021-003.000

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 4829

Multi Family

  • Expenses: 748
  • Gross Income: 4915

MLS Schools

  • Elementary School: ROBINSON
  • High School: WOODLAWN
  • Jr Middle School: PUTNAM, W E

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $385,000 -3.5% $60 / Sq Ft
10/13/2021 10/13/21 Price Changed $399,000 -6.1% $62 / Sq Ft
07/21/2021 07/21/21 Price Changed $425,000 -5.6% $66 / Sq Ft
07/12/2021 07/12/21 Price Changed $450,000 0.0% $70 / Sq Ft
07/12/2021 07/12/21 For Sale $450,000 -10.3% $70 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $501,400 0.0% $78 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $501,400 -- $78 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1283444

Greater Alabama MLS

APN: 23-14-2-021-003.000-RR-00