Seller's Agent in 2025
Christian Kelly
ARC Realty Vestavia
(205) 902-4320
1 in this area
196 Total Sales
7727 Rugby Ave Birmingham, AL 35206
South Eastlake Neighborhood
2
Beds
2
Baths
1,500
Sq Ft
4,835
Sq Ft Lot
About This Home
As of April 2025Investor Opportunity in Birmingham! SELLER FINANCE AVAILABLE! This duplex near downtown Birmingham is the perfect chance to complete an already-started project and create a fantastic income-producing property. Each unit features 1 bedroom and 1 bathroom, making it ideal for tenants seeking affordable living close to the city center. The property has undergone significant work, with many updates already in place, but it will need finishing touches to reach its full potential. Located just minutes from downtown Birmingham, this property offers convenience and accessibility to shopping, dining, and entertainment, making it highly desirable for future tenants. Whether you're an experienced investor or looking for your next project, this duplex is a great opportunity to add value and maximize returns. Don’t miss out on this promising investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $305
Year Built
- Built in 1925
Parking
- On-Street Parking
Home Design
- Duplex
- Siding
Schools
- Barrett Elementary School
- Ossie Ware Mitchell Middle School
- Woodlawn High School
Utilities
- No Cooling
- No Heating
Additional Features
- Wall to Wall Carpet
- Crawl Space
Community Details
- 2 Units
Listing and Financial Details
- Visit Down Payment Resource Website
- The owner pays for all utilities (owner)
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2024
Closed on
Apr 24, 2025
Sold by
Reo Lend I Llc
Bought by
Iron Lion Investments Llc
Seller's Agent
Christian Kelly
ARC Realty Vestavia
Buyer's Agent
Christian Kelly
ARC Realty Vestavia
List Price
$99,500
Sold Price
$62,000
Premium/Discount to List
-$37,500
-37.69%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200
Avg. Annual Appreciation
128.84%
Purchase Details
Closed on
Jul 29, 2024
Sold by
East West Homes Llc
Bought by
Reo Lend I Llc
Purchase Details
Closed on
Jul 22, 2024
Sold by
East West Homes Llc
Bought by
Reo Lend I Llc
Purchase Details
Listed on
Feb 3, 2022
Closed on
Mar 1, 2022
Sold by
Baggett Tiffani Dandria
Bought by
East West Homes Llc
Seller's Agent
Summer Powers
Rocket Homes Real Estate LLC
Buyer's Agent
Codi Feltman
eXp Realty, LLC Central
List Price
$40,000
Sold Price
$40,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Original Mortgage
$64,000
Interest Rate
3.69%
Mortgage Type
Mortgage Modification
Purchase Details
Closed on
Sep 1, 2021
Sold by
Irwin James S
Bought by
Baggett Tiffani Dandria
Purchase Details
Closed on
Feb 16, 2018
Sold by
Hudzinski Michael Paul
Bought by
Crenshaw Tiffani D
Purchase Details
Closed on
Mar 16, 2011
Sold by
Fannie Mae
Bought by
Irwin James S
Purchase Details
Closed on
Aug 4, 2000
Sold by
Downs Joe W and Downs Monique D
Bought by
Hudzinski Michael Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,320
Interest Rate
8.23%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $62,000 | None Listed On Document | |
| Warranty Deed | $77,000 | -- | |
| Special Warranty Deed | $77,000 | None Listed On Document | |
| Warranty Deed | $40,000 | -- | |
| Quit Claim Deed | $500 | -- | |
| Warranty Deed | $700 | -- | |
| Special Warranty Deed | $1,850 | None Available | |
| Warranty Deed | $37,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $64,000 | Mortgage Modification | |
| Previous Owner | $30,320 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $62,000 | -17.3% | $41 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $75,000 | -24.6% | $50 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $99,500 | 0.0% | $66 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | Price Changed | $99,500 | -20.4% | $66 / Sq Ft |
| 11/29/2024 11/29/24 | For Sale | $125,000 | +212.5% | $83 / Sq Ft |
| 03/02/2022 03/02/22 | Sold | $40,000 | 0.0% | $27 / Sq Ft |
| 02/06/2022 02/06/22 | Pending | -- | -- | -- |
| 02/03/2022 02/03/22 | For Sale | $40,000 | -- | $27 / 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 | $305 | $11,120 | -- | -- |
| 2022 | $249 | $3,440 | $1,440 | $2,000 |
| 2021 | $249 | $3,440 | $1,440 | $2,000 |
| 2020 | $249 | $3,440 | $1,440 | $2,000 |
| 2019 | $249 | $3,440 | $0 | $0 |
| 2018 | $0 | $2,760 | $0 | $0 |
| 2017 | $0 | $2,760 | $0 | $0 |
| 2016 | $0 | $8,220 | $0 | $0 |
| 2015 | -- | $8,220 | $0 | $0 |
| 2014 | $562 | $8,100 | $0 | $0 |
| 2013 | $562 | $8,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller's Agent in 2022
Summer Powers
Rocket Homes Real Estate LLC
-
C
Buyer's Agent in 2022
Codi Feltman
eXp Realty, LLC Central
Map
Source: Greater Alabama MLS
MLS Number: 21403907
APN: 23-00-14-2-023-003.000
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