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414 3rd Avenue West

414 3rd Avenue West, Birmingham, AL 35204
Property in Graymont
414 3rd Avenue West has been categorized by the local assessors in Birmingham, AL as a commercial type of property. The building on the property was first built in 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1972. Residents will have access to 3 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, 414 3rd Avenue West has 13,459 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 2,000 ft and across the front of the lot is 2,000 ft. The area measurement of the land has been determined as 40,001 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. Residents will have the luxury of enjoying a open porch. 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 metal. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 414 3rd Avenue West was last sold in Dec 2, 2020 for $800,000. According to our calculations, that's $59.44 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Sep 6, 2017. Current property owners are expected to pay $11,200 in taxes per year. The property on 414 3rd Avenue West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $154,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1972
  • Building Count: 3
  • Total Rooms: 33
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 40,001
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 13,459
  • Gross Building Area: 13,459
  • Building Area: 13,459
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 13,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: GREENE MRS R N
  • Land Acres: 0.918
  • Standard Land Use Code: Hotel
  • Legal Description 1: LOTS 3 THRU 6 BLK 8 MRS R N GREENES SUR OF EARLE PLACE

Ownership

  • Current Owner : RAMSUYOG LLC
  • Previous Owner : 3RD AVENUE HOSPITALITY INC
  • Owner Before Previous Owner: SHREE LAXMI NARAYAN LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Birmingham City School District
  • Census Tract: 003002

Zoning

  • Zoning: CB2

Geography

  • Assessors Map Reference: Mar 02, 2029
  • Account Number: 379385
  • District: 034-0000
  • Parcel: 29-00-03-2-002-002.000
  • Block: 8
  • Lot: 3-6
  • Meridian: SEC 03 TWN 18S RNG 03W
  • Municipality: BIRMINGHAM-34
  • Latitude: 33.5064
  • Longitude: -86.8428

    Address

  • Full Address: 414 3rd Ave W
  • Address - House Number: 414
  • Street Segment Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Birmingham
  • Carrier Code: C081
  • 4-Digit Zip Code: 4013
  • Zip Code: 35204

Valuation

    Tax

  • Total Area: 13,895
  • Tax Year: 2022
  • Tax Amount: $11,200
  • Tax Rate Code Area: 34

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,580
  • First Open Lien Mortgage Lender: THIRD AVENUE HOSPITALITY
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $155,580
  • 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: $772,400
  • Market Land Value: $110,000
  • Market Improvement Value: $662,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,480

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11806484273
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020138783
  • Previous Sale Recording Date: Sep 11, 2017
  • Previous Sale Contract Date: Sep 06, 2017
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD AVENUE HOSPITALITY
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $155,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SHREE LAXMI NARAYAN
  • Previous Mortgage Transaction Date: Sep 11, 2017
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 414 3rd Avenue West located in?
The 414 3rd Avenue West is a located in the neighborhood of Graymont in Smithfield, Birmingham.
What is the average sales price for listings in 414 3rd Avenue West?
The average sales price for units in 414 3rd Avenue West is $0 currently.

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