See Home Value
$84,725*
House - Off Market

2025 E 3rd Street

Montgomery, AL 36106
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1624 Sqft
$80,000 - $90,000
Reference Base Price*
2.31%
Since Aug 1, 2022
National-US
Primary Model
Sold Nov 02, 2023
$227,741
$934,700 by Kiavi Funding Inc
Mortgage
Sold Aug 18, 2023
$115,900
Seller
$150,000 by Amerifirst Bank
Mortgage Due Aug 15, 2033

About This Property

Begin to build or Add to your portfolio with this 16 property portfolio.  All 16 properties being sold for $1,325,000.00. Properties are managed by a local management company and property management company would be pleased to retain management agreements with its new owner! Opportunities abound here!!! Purchase this 16 property portfolio to bring in earnings per month with this fantastic investment.340 Buford Street- 3 Unit property. Unit A- Vacant. Rent: $485.00/month. Unit B- Vacant. Rent: $425/month. Unite C- Occupied. Rent: $325/month. 1732 West 3rd Street- Unit B- Occupied. Rent: $450/month. 3468 Norman Bridge Road- United A- Occupied. Rent: $425/month. Unit B: Occupied. Rent: $400/month. 2513 Poplar Street- Occupied. Rent: $795/month. 2522 Poplar Street: Occupied. Rent: $595/month. 2409 Poplar Street: Occupied. Rent: $789.00. 148 Cedar Street: Occupied. Rent: $575/month. 7 E Woodland Drive- Occupied. Rent: $650/month. 1615 Crouson Street: Occupied. Rent: $675/ month. 2025 East 3rd Street: Occupied. Rent: $600/month. 1807 West 4th Street: Occupied. Rent: 500/month. 2518 Brewton Street: Occupied. Rent: $600/month. 2020 E 3rd Street- Occupied. Rent: $575/month. 2026 East 3rd Street: Occupied. Rent: $600/month. 1921 Teague Street: Occupied. Rent: $625/month. 1931 Teague Street: Occupied. Rent: $650/month. All 16 properties being sold for $1,325,000.00.

The manager has listed the unit size as 1624 square feet.
Unit Size
1,624Ft²
Days on Market
-
Land Size
-
Price per sqft
$51
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Nov 2, 2023 Sold $227,741
Sold
Aug 18, 2023 Sold to Jackson Speaks $115,900
Sold to Jackson Speaks
Jul 15, 2022 No longer available -
No longer available
Jun 3, 2022 Relisted $814,800
Relisted
May 13, 2022 Sold $814,800
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1962
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: E+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 324
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RKR HOMESTEAD LLC
  • Previous Owner : SPEAKS JACKSON
  • Owner Before Previous Owner: SFR 1 LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 001500

Zoning

  • Zoning: R-60-S

Geography

  • Assessors Map Reference: MAP 2 PG 24
  • Account Number: 239630
  • District: 2
  • Parcel: 10-04-17-4-015-009.000
  • Block: 93
  • Lot: 11
  • Meridian: SEC 17 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3633
  • Longitude: -86.2821

    Address

  • Full Address: 2025 E 3rd St
  • Address - House Number: 2025
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C013
  • 4-Digit Zip Code: 1618
  • Zip Code: 36106

Valuation

    Tax

  • Total Area: 1,669
  • Tax Year: 2023
  • Tax Amount: $332

    Appraisal Valuation

  • Standard Deviation: 0.1309
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 85
  • Final Value: 71,621
  • High Value: 81,003
  • Low Value: 62,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $934,700
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2023
  • First Open Lien Mortgage Loan Amount: $934,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $33,400
  • Market Land Value: $7,000
  • Market Improvement Value: $26,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,680
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $5,280

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Transaction ID: 11915689654
  • Current Sale Price: $227,741
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 4660893
  • Previous Sale Recording Date: Aug 18, 2023
  • Previous Sale Contract Date: Aug 13, 2023
  • Previous Sale Amount: $115,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Nov 02, 2023
  • First Mortgage Loan Amount: $934,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST BANK
  • Previous Mortgage Transaction Date: Aug 18, 2023
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Aug 15, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,867 ft²
$40/ft²
$75,000 Mar 15, 2023
-
-
Multifamily
Stu
-
-
$90,000 Mar 16, 2023
-
-

About Forest Park


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Frequently Asked Questions

When was property at 2025 East 3rd Street built and last sold?
The property at 2025 East 3rd Street was built in 1929 and last sold on Oct 24, 2023 for $227,741.
How much is this home worth?
The estimated value of the home located at 2025 East 3rd Street is $87,124.
What are some comparable homes to 2025 East 3rd Street?
There are currently no comparable homes to 2025 East 3rd Street.

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