NOT LISTED FOR SALE

Estimated Value: $129,448 - $256,000

8 Beds
4 Baths
4,320 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $130,000 $30 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,121/month

93 Days on Market

About This Home

As of March 2017

GREAT CASH FLOW!!! 2-duplex buildings, 4 units total. New roof! Well-maintained. 100% occupied, so investor has IMMEDIATE cash flow.

Last Agent to Sell the Property

Andrew Hancock

Keller Williams Realty Vestavia Listed on: 10/25/2016

Keller Williams Realty Vestavia

Last Buyer's Agent

David Parrish

RE/MAX Marketplace

RE/MAX Marketplace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • 1970

Lot Details

  • 8,233

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $300
  • Gross Income $2,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

1970

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Quadplex
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Floors: Some Hardwood

Exterior Features

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

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: ROBINSON
  • Middle School: OSSIE WARE MITCHELL
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-11-3-004-004.001

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 300
  • Gross Income: 2150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Magic City Homes Llc
Bought by
Vaughn Amy and Powers John
Total Days on Market
93
Current Estimated Value
$176,112

Purchase Details

Listed on
Oct 25, 2016
Closed on
Mar 3, 2017
Sold by
Not Provided
Bought by
Magic City Homes Llc
Seller's Agent
Andrew Hancock
Keller Williams Realty Vestavia
Buyer's Agent
David Parrish
RE/MAX Marketplace
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Oct 11, 1999
Sold by
Dan Hubbard and Terry Green Terry
Bought by
Waits Jack A
Source: Public Records

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Range of Values:

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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
Vaughn Amy $128,000 None Listed On Document
Magic City Homes Llc $130,000 --
Waits Jack A $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greshco Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $130,000 -6.5% $30 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/13/2017 01/13/17 Price Changed $139,000 -6.7% $32 / Sq Ft
10/25/2016 10/25/16 For Sale $149,000 -- $34 / 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 $1,581 $23,320 -- --
2022 $1,565 $21,860 $2,680 $19,180
2021 $1,264 $17,440 $2,680 $14,760
2020 $1,195 $16,480 $2,680 $13,800
2019 $1,195 $19,320 $0 $0
2018 $956 $13,180 $0 $0
2017 $956 $13,180 $0 $0
2016 $956 $13,180 $0 $0
2015 $956 $13,180 $0 $0
2014 $938 $12,040 $0 $0
2013 $938 $12,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 765809

Greater Alabama MLS

APN: 23-00-11-3-004-004.001