NOT LISTED FOR SALE

8122 Rugby Ave Birmingham, AL 35206

South Eastlake Neighborhood

Estimated Value: $90,000 - $137,000

3 Beds
2 Baths
1,202 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $93,000 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $735/month

48 Days on Market

About This Home

As of June 2023

Welcome to this charming duplex located in the desirable Eastlake neighborhood! This property offers an excellent investment opportunity with a combined monthly income of $1,109 from both sides. Unit A features two bedrooms and one bathroom, offering comfortable living spaces for tenants. Unit B features one bedrooms and one bathroom. Full brick duplex this property is located near Ruffner Mountain, easy highway access and shopping ocated in Eastlake, this duplex is conveniently situated near shops, restaurants, and public transportation, making it an attractive option for renters. Don't miss out on this fantastic opportunity to own an income-generating property in this highly sought-after neighborhood!

Last Agent to Sell the Property

Todd Helzer

Keller Williams Homewood Listed on: 04/11/2023

Keller Williams Homewood

Co-Listed By

Rob Drum

eXp Realty, LLC Central

Last Buyer's Agent

Grant Linhart

Cotton State Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.87

Home Design

  • Duplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Vinyl

Schools

  • Avondale Elementary School
  • Putnam Middle School
  • Woodlawn High School

Additional Features

  • Crawl Space
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,654
  • Gross Income $13,308

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1350725?w=PubMLS
  • Property Type: Duplex
  • 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

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

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

Lot Info

  • Assessor Parcel Number: 23-00-11-4-033-027.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1483

Multi Family

  • Expenses: 6654
  • Gross Income: 13308

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 30, 2023
Sold by
Prestige Real Estate Llc
Bought by
Stigall Kyle and Stigall John
Seller's Agent
Todd Helzer
Keller Williams Homewood
Buyer's Agent
Grant Linhart
Cotton State Realty, LLC
List Price
$90,000
Sold Price
$93,000
Premium/Discount to List
$3,000
3.33%
Views
346
Current Estimated Value
$114,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,436
Avg. Annual Appreciation
9.79%
Original Mortgage
$65,100
Outstanding Balance
$63,483
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$50,953

Purchase Details

Closed on
Feb 5, 2021
Sold by
Mattox Allen P
Bought by
Prestige Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2004
Sold by
Visser John K
Bought by
Mattox Allen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,425
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
First Family Financial Services Inc
Bought by
Visser John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,425
Interest Rate
8%
Mortgage Type
Unknown
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
Stigall Kyle $93,000 None Listed On Document
Prestige Real Estate Llc $46,000 --
Mattox Allen P $25,000 Cahaba Title Inc
Visser John K $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stigall Kyle $65,100
Previous Owner Prestige Real Estate Llc $39,000
Previous Owner Mattox Allen P $59,000
Previous Owner Visser John K $31,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $93,000 +3.3% $77 / Sq Ft
04/11/2023 04/11/23 For Sale $90,000 -- $75 / 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 $1,498 $22,100 -- --
2022 $1,483 $20,720 $2,680 $18,040
2021 $1,201 $16,560 $2,680 $13,880
2020 $1,135 $15,660 $2,680 $12,980
2019 $1,135 $15,660 $0 $0
2018 $687 $9,480 $0 $0
2017 $687 $9,480 $0 $0
2016 $687 $9,480 $0 $0
2015 $687 $9,480 $0 $0
2014 $667 $8,520 $0 $0
2013 $667 $8,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Helzer

    Seller's Agent in 2023

    Todd Helzer

    Keller Williams Homewood

    (205) 616-5024

    5 in this area

    211 Total Sales

    Todd Helzer
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rob Drum

    eXp Realty, LLC Central

    Section Image
  • Grant Linhart

    Buyer's Agent in 2023

    Grant Linhart

    Cotton State Realty, LLC

    (303) 908-1330

    1 in this area

    110 Total Sales

    Grant Linhart
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1350725

Greater Alabama MLS

APN: 23-00-11-4-033-027.000

Alabama Jefferson County Birmingham 35206 South Eastlake

8122 Rugby Ave, Birmingham, AL

This home is located at 8122 Rugby Ave, Birmingham, AL 35206 since 11 April 2023 and is currently estimated at $114,436, approximately $95 per square foot. This property was built in 1962. 8122 Rugby Ave is a home located in Jefferson County with nearby schools including Robinson 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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