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1035 42nd Street

1035 42nd Street, Birmingham, AL 35222
Property in Forest Park
Sold Jun 30, 2023
$520,000
$431,500 by Magnolia Bank, Incorporated
Mortgage Due Jul 01, 2053
Sold Jun 30, 2023
$520,000
1035 42nd Street has been categorized by the local assessors in Birmingham, AL as a residential type of property. The building on the property was first built in 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1035 42nd Street has 1,767 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 30, 2023 for $520,000. That's $239.96 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 2023 for $520,000. 1035 42nd Street was last assessed in 2022. The total value of the property was assessed at $46,720. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,315. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 400
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,700
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,167
  • Gross Building Area: 2,167
  • Building Area: 1,767
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,767
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BHAM RTY CO 1ST 23-32-1
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 5 FT OF LOT 8 & S 55 FT OF LOT 7 BLK 18 BHAM RLTY CO 1ST ADD TO FOREST PARK

Ownership

  • Current Owner : BRITT DONALD RAY
  • Previous Owner : BRITT DONALD RAY
  • Owner Before Previous Owner: BRITT DONALD RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Birmingham City School District
  • Census Tract: 004702

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 339567
  • District: 031-0000
  • Parcel: 23-00-32-1-018-009.000
  • Block: 18
  • Lot: 8,7
  • Meridian: SEC 32 TWN 17S RNG 02W
  • Municipality: BIRMINGHAM-31
  • Latitude: 33.5127
  • Longitude: -86.7676

    Address

  • Full Address: 1035 42nd St S
  • Address - House Number: 1035
  • Street Segment Direction: S
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: AL
  • City Name: Birmingham
  • Carrier Code: C009
  • 4-Digit Zip Code: 4229
  • Zip Code: 35222

Valuation

    Tax

  • Total Area: 1,882
  • Tax Year: 2022
  • Tax Amount: $3,315
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.2361
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 560,935
  • High Value: 693,383
  • Low Value: 428,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $431,500
  • First Open Lien Mortgage Lender: MAGNOLIA BANK, INCORPORATED
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $431,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $467,100
  • Market Land Value: $295,000
  • Market Improvement Value: $172,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,720

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11909113449
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 61891
  • Previous Sale Recording Date: Jun 30, 2023
  • Previous Sale Contract Date: Jun 30, 2023
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Warranty Deed

About Red Mountain



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Frequently Asked Questions

What neighborhood is 1035 42nd Street located in?
The 1035 42nd Street is a located in the neighborhood of Forest Park in Red Mountain, Birmingham.
What is the average sales price for listings in 1035 42nd Street?
The average sales price for units in 1035 42nd Street is $0 currently.

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