See Home Value
Bessemer 35020
1608 3RD AVENUE
$112,454*
Multifamily - Off Market

1608 3RD AVENUE

BESSEMER, AL 35020
bedrooms
4 Beds
bathrooms
2 Baths
$96,000 - $116,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Mar 29, 2023
$85,000
$120,000 by Investor Mortgage Finance Llc
Mortgage Due Oct 01, 2053
Sold Feb 24, 2021
$40,000

About This Property

This is a two unit property that has been used both as a residence (duplex) and commercially (as a law office). The beautiful craftsman style property carries tons of character with its unique and historic design. NEW WINDOWS have been installed! You will find 2BR, 1BA on each side. Features include 11 ft ceilings, large rooms, huge windows and hardwood floors. Sitting on a total 2400 sqft area and conveniently located  in the heart of Bessemer, it has plenty of free street parking and is near a local park and the famous Bright Star restaurant. The opportunities with this property are endless! Whether you want to run your own business on one side and live on the other or rent both sides - the choice is up to you!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold $85,000
Sold
Dec 14, 2022 No longer available -
No longer available
Nov 8, 2022 Price Decreased $106,000
↓ $14K (11.6%)
Price Decreased
Sep 14, 2022 Listed $119,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 247
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,420
  • Gross Building Area: 2,420
  • Building Area: 2,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gravity
  • Heated Square Feet: 2,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BESSEMER
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOTS 13 14 BL 258 BESS

Ownership

  • Current Owner : INFINITY REALTY AND INVESTMENTS LLC
  • Previous Owner : JEMANEH FEVEN
  • Owner Before Previous Owner: BUTLER JAMES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bessemer City School District
  • Census Tract: 010200

Zoning

  • Zoning: C1

Geography

  • Assessors Map Reference: Sep 01, 2038
  • Account Number: 46472
  • District: 052-0000
  • Parcel: 38-00-09-1-028-009.000
  • Block: 258
  • Lot: 13
  • Meridian: SEC 09 TWN 19S RNG 04W
  • Municipality: BESSEMER
  • Latitude: 33.3998
  • Longitude: -86.9562

    Address

  • Full Address: 1608 3rd Ave N
  • Address - House Number: 1608
  • Street Segment Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Bessemer
  • Carrier Code: C007
  • 4-Digit Zip Code: 5710
  • Zip Code: 35020

Valuation

    Tax

  • Total Area: 2,516
  • Tax Year: 2022
  • Tax Amount: $1,212
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 47
  • Final Value: 93,646
  • High Value: 118,266
  • Low Value: 69,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: INVESTOR MORTGAGE FINANCE LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $88,200
  • Market Land Value: $21,000
  • Market Improvement Value: $67,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,640

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 29, 2023
  • Current Sale Transaction ID: 11904804952
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023029301
  • Previous Sale Recording Date: Feb 24, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$124,900 Jun 10, 2023
-
-
House
2 Beds
1 Bath
-
$124,900 Feb 24, 2023
-
-

About Bessemer


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Frequently Asked Questions

When was property at 1608 3rd Avenue North built and last sold?
The property at 1608 3rd Avenue North was built in 1900 and last sold on Mar 27, 2023 for $85,000.
How much is this home worth?
The estimated value of the home located at 1608 3rd Avenue North is $107,060.
What are some comparable homes to 1608 3rd Avenue North?
There are currently no comparable homes to 1608 3rd Avenue North.

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