$220,000

224 Park Place Way Alabaster, AL 35007

Estimated payment $1,394/month

Total Views 635
3 Beds
2 Baths
1,210 Sq Ft
$182 Price per Sq Ft

Highlights

  • Cathedral Ceiling
  • Attic
  • Patio
  • Thompson Intermediate School Rated A-
  • Great Room with Fireplace
  • 3-minute walk to Alabaster Municipal Park

About This Home

Investor Alert! This charming 3 bed, 2 bath single-story home in a sidewalk-lined neighborhood is full of potential. Currently tenant-occupied, it’s a great income-producing opportunity with potential rent around $1,800/month. Inside, you'll find a spacious eat-in kitchen with a pantry and breakfast bar, perfect for gathering. The vaulted ceiling in the great room adds a touch of openness, along with a wood-burning fireplace framed in marble. The primary bedroom also features a vaulted ceiling. Outside, enjoy a covered 2-car carport with a storage room and a privacy-fenced backyard. Just a short walk to nearby schools, this one checks all the boxes! Only available as part of a 4-home rental portfolio — all in the same subdivision. Call for details!

Listing Agent

Marshall Malone

ARC Realty Mountain Brook

ARC Realty Mountain Brook

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1992

Home Design

  • Slab Foundation
  • HardiePlank Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Marble Fireplace
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • 2 Carport Spaces
  • Driveway
  • Assigned Parking

Schools

  • Meadowview Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • 5,663 Sq Ft Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21416513?w=PubMLS
  • Living Area: 1210
  • Legal Description: Block: Lot: 10 PARK PLACE 1ST ADDITION PHASE 2 CORRECTION PLAT N
  • List Price per Sq Ft: 181.82
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1992
  • Price Per Sq Ft: 181.82
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Fireplace Details: Marble (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |GreatRoom1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Great Room (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1210

Exterior Features

  • Patio: Yes
  • Construction: Siding-Hardiplank
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Assigned, Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1210
  • Internet Service Availability: Yes

Schools

  • Elementary School: MEADOWVIEW
  • Middle School: THOMPSON
  • High School: THOMPSON

Lot Info

  • Assessor Parcel Number: 23-2-10-4-005-010.000
  • Number Acres: 0.13

Tax Info

  • Tax District: ALABASTER

MLS Schools

  • Elementary School: MEADOWVIEW
  • High School: THOMPSON
  • Jr Middle School: THOMPSON

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,986 $36,780 $0 $0
2023 $1,861 $34,460 $0 $0
2022 $1,679 $31,100 $0 $0
2021 $1,456 $26,960 $0 $0
2020 $1,366 $25,300 $0 $0
2019 $1,361 $25,200 $0 $0
2017 $1,270 $23,520 $0 $0
2015 $1,231 $22,800 $0 $0
2014 $1,206 $22,340 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $220,000 -- $182 / Sq Ft
Source: Greater Alabama MLS

Deed History

Date Type Sale Price Title Company
Survivorship Deed $121,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $96,000 New Conventional
Closed $102,850 Fannie Mae Freddie Mac
Closed $74,900 Unknown
Closed $77,000 Unknown
Source: Public Records

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Source: Greater Alabama MLS

MLS Number: 21416513

Greater Alabama MLS

APN: 23-2-10-4-005-010-000