NOT LISTED FOR SALE

8844 Franklin St Thorsby, AL 35171

Estimated Value: $140,000 - $219,000

5 Beds
3 Baths
2,149 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $120,000 $56 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $956/month

Highlights

  • Storage
  • Wall to Wall Carpet
  • 3-minute walk to Susan Bentley Field

About This Home

As of May 2022

INVESTORS!!! INVESTORS!!! INVESTORS!!! This is a GREAT Investment Opportunity in an ideal location behind Thorsby School and a short walk to Thorsby Park. This Triplex Apartment complex has 3 units totaling all of which are currently rented! Two units have two bedrooms and one bath and one unit is a Studio apartment totally over 2140 sq. ft.. What a fabulous money maker at an incredible price!

Last Agent to Sell the Property

Debra Hubbard

RealtySouth - Chilton II Listed on: 04/22/2022

RealtySouth - Chilton II

Last Buyer's Agent

Debra Hubbard

RealtySouth - Chilton II Listed on: 04/22/2022

RealtySouth - Chilton II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1950

Lot Details

  • 0.39

Home Design

  • Triplex
  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • Storage
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Thorsby Elementary And Middle School
  • Thorsby High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $500
  • Gross Income $1,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$719

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Triplex
  • Year Built Description: Existing
  • Year Built: 1950
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Floors: Vinyl, Wall-to-Wall Carpet
  • Basement Style: Partial Basement
  • Basement Finished: All Unfinished
  • Miscellaneous: Storage

Exterior Features

  • Construction: Concrete/Block
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Gas Heat
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: THORSBY
  • Middle School: THORSBY
  • High School: THORSBY

Lot Info

  • Assessor Parcel Number: 11-03-06-3-003-002.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: THORSBY
  • Annual Tax: 719

Multi Family

  • Expenses: 500
  • Gross Income: 1330

MLS Schools

  • Elementary School: THORSBY
  • High School: THORSBY
  • Jr Middle School: THORSBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 27, 2022
Sold by
Joseph Mcneal
Bought by
Headley Chase and Headley Willona
Seller's Agent
Debra Hubbard
RealtySouth - Chilton II
Buyer's Agent
Debra Hubbard
RealtySouth - Chilton II
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$160,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,851
Avg. Annual Appreciation
9.08%
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
Headley Chase $120,000 J Clay Maddox Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $120,000 0.0% $56 / Sq Ft
04/22/2022 04/22/22 For Sale $120,000 -- $56 / 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 $1,205 $27,580 $3,000 $24,580
2023 $1,205 $27,580 $3,000 $24,580
2022 $847 $24,000 $3,600 $20,400
2021 $719 $16,400 $3,280 $13,120
2020 $721 $16,460 $3,340 $13,120
2019 $706 $22,820 $3,000 $19,820
2018 $710 $0 $0 $0
2017 $706 $0 $0 $0
2016 $714 $0 $0 $0
2015 $610 $0 $0 $0
2013 $610 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1318084

Greater Alabama MLS

APN: 1103063003002000