NOT LISTED FOR SALE

Estimated Value: $229,000 - $258,000

2 Beds
1 Bath
1,125 Sq Ft
$555/mo HOA Fee

Last Sold February 21, 2024

Last sale price $235,990 $210 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,031/month

138 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Laundry Room
  • Solid Surface Countertops
  • Recessed Lighting
  • 1-Story Property

About This Home

As of February 2024

Seller will pay for 12 months of HOA dues with an acceptable offer!! Welcome to the Watts Tower, located in the heart of Birmingham's Loft District! This building has a rich history, as one of Birmingham's oldest buildings. Within walking distance to many local restaurants, shops, and bars. This unit consists of 2 bedrooms and one full bathroom. The condo has been tastefully updated. The kitchen, living room, and dining room are open concept with corner unit views that are hard to beat! Hardwood floors run throughout the unit with carpet in both of the bedrooms. Washer and dryer connections are included. This unit also comes with one gated parking spot and access to a gated patio area with tables and grills. Call today to schedule a tour!

Last Listed By

Ross Blaising

ARC Realty Mountain Brook Listed on: 09/13/2023

ARC Realty Mountain Brook

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1925

Lot Details

  • 5,489

HOA Fees

  • $555 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

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

Parking

  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Phillips Academy Elementary School
  • Wilkerson Middle School
  • Parker High School

Utilities

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

Community Details

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, sewage service, water

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,372

Year Built

Built in 1925

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21365013?w=PubMLS
  • Living Area: 1125
  • Legal Description: Unit 7C Watts Building Condo Real 200612/5691 Pb 221 Pg 16 Also 1.72% Und Int In Common Elem Amend Real 200612/13374
  • Condo Level: 7
  • List Price per Sq Ft: 207.99
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: HOA Provided
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1925
  • Price Per Sq Ft: 209.77
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Interior Amenities: Elevator, Multiple Staircases, Recess Lighting
  • Floors: Carpet, Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|FullBath1|Bedroom1|Bedroom1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Full Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric, Refrigerator, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1125

Exterior Features

  • Construction: 4 Sides Brick
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Assigned, Off Street Parking, On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1125

Condo/Co-op/Association

  • Condo Fees: Yes
  • Condo Association Fee: 555
  • Condo Fee Per: Monthly

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Sewage Service, Water

Schools

  • Elementary School: PHILLIPS ACADEMY
  • Middle School: WILKERSON
  • High School: PARKER

Lot Info

  • Assessor Parcel Number: 22-00-36-2-011-012.309

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1372

MLS Schools

  • Elementary School: PHILLIPS ACADEMY
  • High School: PARKER
  • Jr Middle School: WILKERSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Feb 21, 2024
Sold by
Mininger Lucas
Bought by
Gargis Thomas Jared
Seller's Agent
Ross Blaising
ARC Realty Mountain Brook
Buyer's Agent
Ashley Deforest
Keller Williams Homewood
List Price
$233,990
Sold Price
$235,990
Premium/Discount to List
$2,000
0.85%
Total Days on Market
138
Views
320
Current Estimated Value
$242,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,774
Avg. Annual Appreciation
2.47%
Original Mortgage
$224,191
Outstanding Balance
$221,550
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$21,214

Purchase Details

Listed on
Sep 13, 2023
Closed on
Feb 20, 2024
Sold by
Mininger Lucas
Bought by
Gargis Thomas Jared
Seller's Agent
Ross Blaising
ARC Realty Mountain Brook
Buyer's Agent
Ashley Deforest
Keller Williams Homewood
List Price
$233,990
Sold Price
$235,990
Premium/Discount to List
$2,000
0.85%
Views
320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,191
Outstanding Balance
$221,550
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$21,214

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jan 25, 2019
Sold by
Erwin Allison E
Bought by
Mininger Lucas
Seller's Agent
Carrie Hill-Smith
RealtySouth-MB-Crestline
Buyer's Agent
Ross Blaising
ARC Realty Mountain Brook
List Price
$180,000
Sold Price
$182,000
Premium/Discount to List
$2,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$145,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2016
Closed on
Nov 22, 2016
Sold by
Loftin Virginia G
Bought by
Erwin Allison E
Seller's Agent
Lynlee Real-Hughes
ARC Realty Mountain Brook
Buyer's Agent
Leda Dimperio
RealtySouth-MB-Crestline
List Price
$169,000
Sold Price
$152,500
Premium/Discount to List
-$16,500
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$122,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Watts Tower Associates Lp
Bought by
Loftin Virginia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

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

Purchase History

Date Buyer Sale Price Title Company
Gargis Thomas Jared $235,990 None Listed On Document
Gargis Thomas Jared $235,990 --
Mininger Lucas $182,000 --
Erwin Allison E $152,500 --
Loftin Virginia G $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gargis Thomas Jared $224,191
Previous Owner Mininger Lucas $148,000
Previous Owner Mininger Lucas $145,600
Previous Owner Erwin Allison E $122,000
Previous Owner Loftin Virginia G $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $235,990 +0.9% $210 / Sq Ft
01/06/2024 01/06/24 For Sale $233,990 0.0% $208 / Sq Ft
01/06/2024 01/06/24 Price Changed $233,990 -0.8% $208 / Sq Ft
01/04/2024 01/04/24 Off Market $235,990 -- --
09/13/2023 09/13/23 For Sale $229,990 +26.4% $204 / Sq Ft
01/25/2019 01/25/19 Sold $182,000 +1.1% $162 / Sq Ft
12/21/2018 12/21/18 For Sale $180,000 +18.0% $160 / Sq Ft
11/22/2016 11/22/16 Sold $152,500 -9.8% $136 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $169,000 -- $150 / 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 $1,454 $22,960 -- $22,960
2022 $1,372 $12,460 $0 $12,460
2021 $1,249 $12,460 $0 $12,460
2020 $1,249 $12,460 $0 $12,460
2019 $1,242 $18,120 $0 $0
2018 $1,148 $16,820 $0 $0
2017 $955 $14,160 $0 $0
2016 $955 $14,160 $0 $0
2015 $729 $11,040 $0 $0
2014 $646 $10,260 $0 $0
2013 $646 $10,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Alabama MLS

MLS Number: 21365013

Greater Alabama MLS

APN: 22-00-36-2-011-012.309