NOT LISTED FOR SALE

8408 1st Ave N Unit 23.000 Birmingham, AL 35206

North Eastlake Neighborhood

Estimated Value: $404,180

0.46 Acre
$878,652 Price per Acre
20,038 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $44,000

Est. 819% increase in value since last sale

Current estimated payment $2,315/month

87 Days on Market

About This Lot

As of April 2023

Commercial Zoned Lot in prime location on 1st Avenue North

Last Agent to Sell the Property

Jessica Mcknight

Barnes & Associates Listed on: 11/21/2022

Last Buyer's Agent

Jessica Mcknight

Barnes & Associates Listed on: 11/21/2022

Property Details

Property Type

  • Land

Year Built

  • 1948

Lot Details

  • 0.46 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 23-000-11-2-012-023.000

Property Details

Property Type

Land

Year Built

1948

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: East Lake BK 1 PG 217 BLK 16-A LOT 3&4
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1948

Exterior Features

  • Road Access: City Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Electricity, Sewer, Water

Lot Info

  • Assessor Parcel Number: 23-000-11-2-012-023.000
  • Number Acres: 0.46
  • Best Use Per Zone: Comm/Indus (BESTUSE)
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Comm/Indus (AREA)
  • Unit/Lot Number: 023.000

Tax Info

  • Tax District: Birmingham
  • Annual Tax: 1800

Multi Family

  • Number Of Lots: 1 Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Apr 5, 2023
Sold by
1306 Hillsboro Llc
Bought by
Gregs Smokehouse Llc and C/O Wright Gregory C
Seller's Agent
Jessica Mcknight
Barnes & Associates
Buyer's Agent
Jessica Mcknight
Barnes & Associates
List Price
$55,000
Sold Price
$44,000
Premium/Discount to List
-$11,000
-20%
Total Days on Market
87
Current Estimated Value
$404,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,180
Original Mortgage
$40,000
Outstanding Balance
$25,536
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2022
Sold by
Lb Thompson Grp Llc
Bought by
1306 Hillsboro Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2021
Sold by
Patel Narsinh L
Bought by
Lb Thompson Grp Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Sweet Home Llc
Bought by
Patel Narsinh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,300
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2007
Sold by
Halabi Bassam
Bought by
Sweet Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,300
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2006
Sold by
Grund Edna
Bought by
Halabi Bassam
Source: Public Records

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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
Gregs Smokehouse Llc $44,000 None Listed On Document
1306 Hillsboro Llc $75,000 --
Lb Thompson Grp Llc $138,700 --
Patel Narsinh L $270,000 None Available
Sweet Home Llc -- None Available
Halabi Bassam $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregs Smokehouse Llc $40,000
Previous Owner 1306 Hillsboro Llc $75,000
Previous Owner Patel Narsinh L $236,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $44,000 -20.0% --
11/21/2022 11/21/22 For Sale $55,000 -- --
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 $2,042 $28,160 -- --
2022 $1,797 $24,780 $16,000 $8,780
2021 $1,797 $24,780 $16,000 $8,780
2020 $0 $27,740 $16,000 $11,740
2019 $2,011 $27,740 $0 $0
2018 $1,705 $23,520 $0 $0
2017 $1,705 $23,520 $0 $0
2016 $3,176 $43,800 $0 $0
2015 $3,176 $43,800 $0 $0
2014 $3,023 $43,280 $0 $0
2013 $3,023 $43,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Mcknight

    Seller's Agent in 2023

    Jessica Mcknight

    Barnes & Associates

    (205) 436-1011

    2 in this area

    74 Total Sales

    Jessica Mcknight
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Map

Source: Greater Alabama MLS

MLS Number: 1339481

Greater Alabama MLS

APN: 23-00-11-2-012-023.000

Alabama Jefferson County Birmingham 35206 North Eastlake

8408 1st Ave N Unit 23.000, Birmingham, AL

This home is located at 8408 1st Ave N Unit 23.000, Birmingham, AL 35206 since 21 November 2022 and is currently priced at $404,180. This property was built in 1948. 8408 1st Ave N Unit 23.000 is a home located in Jefferson County with nearby schools including Robinson Elementary School, Ossie Ware Mitchell Middle School, and Woodlawn High School-Magnet.

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