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1031 40th Street

1031 40th Street, Birmingham, AL 35218
Property in Belview Heights
Refi Sep 28, 1999
Transfer
$24,900 by Ameriquest Mtg Company
Mortgage Due Oct 01, 2029
1031 40th Street in Birmingham, AL was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1031 40th Street has 1,130 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 560 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 9,072 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 264 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gravity heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $418 in taxes each year. 1031 40th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $6,760. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,072
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TERRACE SECT FAIRFIELD
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK 24 TERRACE SECTOR OF FAIRFIELD 1ST ADD

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Birmingham City School District
  • Census Tract: 003700

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Dec 01, 2030
  • Account Number: 414811
  • District: 038-0000
  • Parcel: 30-00-12-1-001-005.000
  • Block: 24
  • Lot: 8
  • Meridian: SEC 12 TWN 18S RNG 04W
  • Municipality: BIRMINGHAM-38
  • Latitude: 33.4933
  • Longitude: -86.9013

    Address

  • Full Address: 1031 40th St
  • Address - House Number: 1031
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: AL
  • City Name: Birmingham
  • Zip Code: 35208

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2022
  • Tax Amount: $418
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 199,035
  • High Value: 244,469
  • Low Value: 153,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $24,900
  • First Open Lien Mortgage Lender: AMERIQUEST MTG COMPANY
  • First Open Lien Mortgage Recording Date: Sep 28, 1999
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $24,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $67,600
  • Market Land Value: $11,000
  • Market Improvement Value: $56,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,760

    Exemptions

  • Homeowner Exemption: Yes

About Five Points West



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1031 40th Street located in?
The 1031 40th Street is a located in the neighborhood of Belview Heights in Five Points West, Birmingham.
What is the average sales price for listings in 1031 40th Street?
The average sales price for units in 1031 40th Street is $0 currently.

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