NOT LISTED FOR SALE

801 S 6th St Gadsden, AL 35901

Estimated Value: $126,000 - $183,000

4 Beds
3 Baths
2,387 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $95,000 $40 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $905/month

11 Days on Market

About This Home

As of November 2021

Great investment property located minutes from downtown Gadsden. The brick duplex is a 2 bedroom/1.5 bath on each side. One side has just been updated throughout. This would be a great addition to any portfolio.

Last Agent to Sell the Property

Alison Stocking

Good Faith Realty Listed on: 10/14/2021

Last Buyer's Agent

Britnee Perkins

Davis Realty And Auction License #120110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1976

Lot Details

  • 8,712

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Eura Brown Elementary School
  • Gadsden Middle School
  • Gadsden City High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,000
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$849

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Duplex
  • Year Built Description: Existing
  • Year Built: 1976
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Floors: Some Hardwood

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: EURA BROWN
  • Middle School: GADSDEN
  • High School: GADSDEN CITY

Lot Info

  • Assessor Parcel Number: 15-02-09-2-000-332.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 849

Multi Family

  • Expenses: 1000
  • Gross Income: 13800

MLS Schools

  • Elementary School: EURA BROWN
  • High School: GADSDEN CITY
  • Jr Middle School: GADSDEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2017
Sold by
Hale Marjorie
Bought by
Rheaume Jennifer
Current Estimated Value
$155,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Outstanding Balance
$60,859
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$74,244
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
Rheaume Jennifer $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rheaume Jennifer $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $95,000 0.0% $40 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $95,000 -- $40 / 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 $987 $20,140 $1,360 $18,780
2023 $1,190 $24,280 $1,360 $22,920
2022 $1,025 $20,920 $0 $0
2021 $849 $17,320 $1,360 $15,960
2020 $849 $17,320 $0 $0
2019 $849 $17,320 $0 $0
2017 $834 $17,020 $0 $0
2016 $834 $17,020 $0 $0
2015 $869 $17,020 $0 $0
2013 -- $17,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1301085

Greater Alabama MLS

APN: 15-02-09-2-000-332.000