NOT LISTED FOR SALE

7805 3rd Ave S Birmingham, AL 35206

South Eastlake Neighborhood

Estimated Value: $101,000 - $120,277

4 Beds
4 Baths
2,312 Sq Ft
$48/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $73,000 $32 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $845/month

3 Days on Market

About This Home

As of November 2020

Great opportunity for investment property in the growing community of East Lake! Both units are currently rented with long term tenants over 2 years that are open to staying in the property. Great earning potential on this rental. Low maintenance brick with 2 rear entry parking spaces per unit! Don't miss out on this opportunity to start your investment portfolio or add to it! Roof is less than 10 years old. One of the units recently had water heater replaced.

Last Agent to Sell the Property

Dane Howell

RealtySouth-MB-Crestline Listed on: 10/09/2020

RealtySouth-MB-Crestline

Last Buyer's Agent

Chris Barnett

eXp Realty, LLC Central License #107479

eXp Realty, LLC Central

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5,489

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wall to Wall Carpet
  • Tile

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1970
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Floors: Tile, Wall-to-Wall Carpet

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: BURKETT, WILLIAM E.
  • Middle School: OSSIE WARE MITCHELL
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-14-2-006-007.000

Rental Info

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

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1558

Multi Family

  • Expenses: 3000
  • Gross Income: 14400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 25, 2020
Sold by
Hth Properties Llc
Bought by
Roost Properties Llc
Seller's Agent
Dane Howell
RealtySouth-MB-Crestline
Buyer's Agent
Chris Barnett
eXp Realty, LLC Central
List Price
$74,999
Sold Price
$73,000
Premium/Discount to List
-$1,999
-2.67%
Current Estimated Value
$131,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,399
Avg. Annual Appreciation
9.24%
Original Mortgage
$47,450
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 21, 2018
Sold by
Cmc Properties Llc
Bought by
Hth Properties Llc
Seller's Agent
David Franklin
Joseph Carter Realty
Buyer's Agent
paul mielke
Real Broker LLC
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$54,135
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Roost Properties Llc $80,000 --
Hth Properties Llc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roost Properties Llc $47,450
Previous Owner Hth Properties Llc $54,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $73,000 -2.7% $32 / Sq Ft
10/20/2020 10/20/20 For Sale $74,999 0.0% $32 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $74,999 +25.0% $32 / Sq Ft
09/21/2018 09/21/18 Sold $60,000 0.0% $25 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $60,000 -- $25 / Sq Ft
Source: Greater Alabama MLS

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 $1,509 $22,280 -- --
2022 $1,495 $20,880 $2,680 $18,200
2021 $1,211 $16,700 $2,680 $14,020
2020 $1,552 $21,400 $2,680 $18,720
2019 $1,552 $21,400 $0 $0
2018 $1,011 $13,940 $0 $0
2017 $1,011 $13,940 $0 $0
2016 $1,011 $13,940 $0 $0
2015 $1,011 $13,940 $0 $0
2014 $983 $12,560 $0 $0
2013 $983 $12,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dane Howell

    Seller's Agent in 2020

    Dane Howell

    RealtySouth

    (205) 540-3641

    2 in this area

    100 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Chris Barnett

    eXp Realty, LLC Central

    Section Image
  • David Franklin

    Seller's Agent in 2018

    David Franklin

    Joseph Carter Realty

    (205) 563-4800

    79 Total Sales

    Section Image

  • p

    Buyer's Agent in 2018

    paul mielke

    Real Broker LLC

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 898117

Greater Alabama MLS

APN: 23-00-14-2-006-007.000

Alabama Jefferson County Birmingham 35206 South Eastlake

7805 3rd Ave S, Birmingham, AL

This home is located at 7805 3rd Ave S, Birmingham, AL 35206 since 09 October 2020 and is currently estimated at $111,069, approximately $48 per square foot. This property was built in 1970. 7805 3rd Ave S is a home located in Jefferson County with nearby schools including Barrett Elementary School, Ossie Ware Mitchell Middle School, and Woodlawn High School-Magnet.

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.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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