$215,000
SOLD OCT 13, 2020

957 47th Place N Birmingham, AL 35212

Woodlawn Neighborhood
12 Beds
6 Baths
4,770 Sq Ft
0.27 Acres

Recently Sold

$45 Per Sq Ft

2% Above List Price

About This Home

As of October 2020

*** INVESTORS DREAM *** This newly renovated complex is 100 % occupied. It features new appliances, new flooring, freshly painted interior and exterior, updated electrical, new kitchen and bathroom fixtures, new light fixtures, and new roofing. Tenants pay their own utilities. The Estimated Market Value based upon a certified appraisal report is $289,000.00, and from the Income Approach Value $340,994.00. This property has a Cap Rate of 9.44%. The estimated Return On Investment is 94.39%. All serious offers will be considered. Seller will provide copies of Rent Roll, Leases, and additional Finances, the Certified Appraisal Report upon an accepted contractual offer. Any seasoned investor will immediately see the ROI of this jewel. Won’t last long at all, submit your offers today and walk away with a nice return tomorrow.

Last Agent to Sell the Property

Casey Thomas

Keller Williams Realty Vestavia Listed on: 09/21/2020

Keller Williams Realty Vestavia

Co-Listed By

LaToya Thomas

Keller Williams Realty Vestavia

Last Buyer's Agent

Casey Thomas

Keller Williams Realty Vestavia Listed on: 09/21/2020

Keller Williams Realty Vestavia

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1981

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Brick Frame

Flooring

  • Wood
  • Wall to Wall Carpet

Additional Features

  • Ceiling Fan
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant), cable/tv connect (tenant)
  • The owner pays for trash collection (owner)

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $11,623
  • Gross Income $45,900

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,134

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1981
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Floors: Some Hardwood, Wall-to-Wall Carpet

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 6

Schools

  • Elementary School: GIBSON
  • Middle School: KIRBY
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-20-1-027-008.000

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: All Utilities (TENANT), Cable/TV Connect (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1134

Multi Family

  • Expenses: 11623
  • Gross Income: 45900

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Rented $675 0.0% --
12/22/2020 12/22/20 Price Changed $675 -3.6% $0 / Sq Ft
10/23/2020 10/23/20 For Rent $700 0.0% --
10/13/2020 10/13/20 Sold $215,000 +2.4% $45 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $210,000 -- $44 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ashley Nelson

    Seller's Agent in 2021

    Ashley Nelson

    Goal Realty LLC

    (205) 874-9555

    33 Total Sales

    Ashley Nelson
    Section Image
  • Casey Thomas

    Seller's Agent in 2020

    Casey Thomas

    Keller Williams Realty Vestavia

    (205) 215-7714

    1 in this area

    25 Total Sales

    Casey Thomas
    Section Image
  • LaToya Thomas

    Seller Co-Listing Agent in 2020

    LaToya Thomas

    Keller Williams Realty Vestavia

    (205) 215-7714

    1 in this area

    29 Total Sales

    LaToya Thomas
    Section Image

  • J

    Buyer Co-Listing Agent in 2020

    Joshua Wright

    NON MLS OFFICE

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 896350

Greater Alabama MLS

APN: 23-20-1-027-008.000-RR-00

Alabama Jefferson County Birmingham 35212 Woodlawn

957 47th Place N, Birmingham, AL

This home is located at 957 47th Place N, Birmingham, AL 35212 and is currently priced at $215,000, approximately $45 per square foot. This property was built in 1981. 957 47th Place N is a home located in Jefferson County with nearby schools including C. W. Hayes K-8 School, Woodlawn High School-Magnet, and Cornerstone Schools of Alabama.

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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