NOT LISTED FOR SALE

Estimated Value: $47,000 - $53,404

2 Beds
1 Bath
792 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $50,000 $63 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $323/month

139 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Laundry Room
  • Tarrant Elementary School Rated A-
  • Porch
  • 1-Story Property

About This Home

As of August 2024

ATTENTION INVESTORS! This property is professionally managed with access to tenant ledger, lease agreement, maintenance records, etc. This is a 2 bedroom / 1 full bath home currently rented at $725 per month. Solid rental home with tenant in place for 5+ years. Already over the 1% rule with lots of potential to increase rents to market value. Market rent in this area for similar size and bedroom count is between $825-$925. RENT INCREASE REQUEST CAN BE SUBMITTED TO SECTION 8 IN JULY 2024 OWNERS ARE WILLING TO SELL THIS PROPERTY INDIVIDUALLY OR AS A PART OF A PACKAGE WITH UP TO 9 MORE UNITS. EMAIL AGENT FOR ADDITIONAL INFORMATION

Last Listed By

Lindsey Barefoot

Barrington Real Estate Listed on: 02/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1952

Lot Details

  • 6,970

Parking

  • Driveway

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Crawl Space
  • Laminate Countertops
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Tarrant Elementary And Middle School
  • Tarrant High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$380

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21377565?w=PubMLS
  • Living Area: 792
  • Legal Description: LOT 13 BLK 2 SAM CARGO'S 1ST ADD
  • List Price per Sq Ft: 84.59
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1952
  • Price Per Sq Ft: 63.13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Floors: Hardwood, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Bedroom1|Bedroom1|Living1|Kitchen1|FullBath1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Living, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Main Level Sq Ft: 792

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 792

Schools

  • Elementary School: TARRANT
  • Middle School: TARRANT
  • High School: TARRANT

Lot Info

  • Assessor Parcel Number: 23-00-08-2-006-013.000
  • Number Acres: 0.16

Tax Info

  • Tax District: TARRANT
  • Annual Tax: 380

MLS Schools

  • Elementary School: TARRANT
  • High School: TARRANT
  • Jr Middle School: TARRANT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Aug 29, 2024
Sold by
Real Property Investor Strategies Llc
Bought by
Carrillo Saul
Seller's Agent
Lindsey Barefoot
Barrington Real Estate
Buyer's Agent
Ravinell Wilson
Trading Earth, Inc.
List Price
$66,995
Sold Price
$50,000
Premium/Discount to List
-$16,995
-25.37%
Total Days on Market
139
Views
52
Current Estimated Value
$50,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601
Avg. Annual Appreciation
8.38%
Original Mortgage
$51,000
Outstanding Balance
$50,824
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,860

Purchase Details

Listed on
Feb 20, 2024
Closed on
Aug 28, 2024
Sold by
Common Sense Investing Llc
Bought by
Real Property Investor Strategies Llc
Seller's Agent
Lindsey Barefoot
Barrington Real Estate
Buyer's Agent
Ravinell Wilson
Trading Earth, Inc.
List Price
$66,995
Sold Price
$50,000
Premium/Discount to List
-$16,995
-25.37%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Outstanding Balance
$50,824
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,860

Purchase Details

Closed on
Oct 22, 2019
Sold by
Lunsford Robert E
Bought by
Common Sense Investing Llc

Purchase Details

Closed on
Jun 1, 2013
Sold by
Lunsford Mark E Estate
Bought by
Lunsford Robert E Mildred P and Lunsford Real Estate Living Tr

Purchase Details

Closed on
Jan 7, 2009
Sold by
The United States Department Of Housing
Bought by
Lunsford Mark E

Purchase Details

Closed on
Jun 16, 1999
Sold by
Collins Gerald W and Collins Angela R
Bought by
Davidson Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,399
Interest Rate
7.04%
Mortgage Type
FHA

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
Carrillo Saul $60,000 None Listed On Document
Real Property Investor Strategies Llc $50,000 None Listed On Document
Common Sense Investing Llc $36,000 --
Lunsford Robert E Mildred P -- --
Lunsford Mark E $11,811 None Available
Davidson Susan R $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Saul $51,000
Previous Owner Davidson Susan R $45,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $50,000 -25.4% $63 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $66,995 0.0% $85 / Sq Ft
05/22/2024 05/22/24 Price Changed $66,995 +34.0% $85 / Sq Ft
05/20/2024 05/20/24 Off Market $50,000 -- --
03/29/2024 03/29/24 Price Changed $67,800 -1.7% $86 / Sq Ft
02/20/2024 02/20/24 For Sale $69,000 -- $87 / 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 $474 $8,400 -- --
2022 $358 $6,340 $2,720 $3,620
2021 $385 $6,820 $2,720 $4,100
2020 $371 $6,580 $2,720 $3,860
2019 $385 $6,820 $0 $0
2018 $349 $6,180 $0 $0
2017 $349 $6,180 $0 $0
2016 $334 $5,920 $0 $0
2015 $349 $6,180 $0 $0
2014 $342 $5,800 $0 $0
2013 $342 $5,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Alabama MLS

MLS Number: 21377565

Greater Alabama MLS

APN: 23-00-08-2-006-013.000