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$66,995   Price Analysis
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1516 Wharton Ave
Tarrant, AL 35217
2 bed 1 bath 1,085 SqFt ($61/SqFt)
6,970SqFt lot. Built 1920
Listed 2024-02-20, Taxes $544
Ⓧ USDA Ineligible
due to location

near Plain View

ATTENTION INVESTORS!

* Sale Pending *

This property is professionally managed with access to tenant ledger, lease agreement, m aintenance records, etc. This is a 2 bedrom / 1 full bath home currently rented at $790 per month. Solid rental home with tenant in place for 10+ years. Already over the 1% rule with lots of potential to increase rents to market value.

Market rent in this area for similar size and bedroom count is between $875-$1, 035. RENT CAN BE INCREASED WITH CURRENT TENANT IN FEB 2025 OWNERS ARE WILLING TO SELL THIS PROPERTY INDIVIDUALLY OR AS A PART OF A PACKAGE WITH UP TO 9 MORE UNITS. EMAIL AGENT FOR ADDITIONAL INFORMATION


Presented by Lindsey Barefoot at
Barrington Real Estate.


Property MLS #21377572 from Birmingham

Bedrooms: 2

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Kitchen Countertops: Laminate

Living Level: 1
Bedroom Level: 1
Bedroom Level: 1
Kitchen Level: 1
Full Bath Level: 1

Laundry Features: Washer Hookup, Laundry Space: Other, Laundry Dryer Hookup: Dryer-Electric, Laundry Location: Laundry (MLVL)

Cooling Features: Central
Heating Features: Central
Water Heaters: Electric (WTRHTR)

Interior Amenities: Tub/Shower Combo
Ceilings: Smooth Ceilings
Flooring: Carpet, Vinyl

Porch

Lot Size Acres: 0.16
Lot Size Square Feet: 6970

Garage Description: On Street Parking

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: TARRANT
High School: TARRANT
Middle School: TARRANT

Tarrant Intermediate School is a public elementary school located approximately 0.1 miles away.
directions icon Map directions

Tarrant High School is a public middle and high school located approximately 2.5 miles away.
directions icon Map directions

Calvary Resurrection Christian Academy is a private elementary school located approximately 2.3 miles away.
directions icon Map directions

Source Listing Status: Pending
County: Jefferson
Directions: Take I-20 E/I-59 N, E Lake Blvd and Birmingham St to Wharton Ave in Tarrant
Source Property Type: RESIDENTIAL
Area: Inglenook, North Bham, Norwood, Tarrant
Source Neighborhood: TARRANT CITY
Subdivision: TARRANT CITY
Flood Plain: No
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$9,660
$544
2021$unknown + $unknown
$10,540
$594
2020$unknown + $unknown
$8,540
$481
2019$unknown + $unknown
$8,900
$501
2018$unknown + $unknown
$7,720
$435
2017$unknown + $unknown
$7,720
$435
2016$unknown + $unknown
$7,380
$416
2015$unknown + $unknown
$7,720
$435
2013$unknown + $unknown
$7,220
$422
2013$unknown + $unknown
$7,220
$422
2012$5,280 + $2,720
$8,000
$444
2011$5,360 + $2,720
$8,080
$470
2010$5,100 + $2,720
$7,820
$456
2009$8,400 + $2,720
$11,120
$642
2008$8,640 + $2,720
$11,360
$655
2007$8,500 + $2,520
$11,020
$636

Relisted 2024-05-22
$66,995
Birmingham
Listing removed 2024-05-20
$0
Birmingham
Price Changed 2024-03-29
$67,800
Birmingham
Listed 2024-02-20
$69,000
Birmingham
Sold 2020-01-22
$53,000
Public Record
Sold 2008-09-03
$18,500
Birmingham
Listed 2007-08-24
$20,100
Birmingham
Listing removed 2005-07-14
$52,900
Birmingham
Listing removed 2005-04-11
$59,900
Birmingham
Listed 2004-11-15
$59,900
Birmingham
Listed 2004-11-15
$52,900
Birmingham
Sold 2004-10-07
$45,000
Public Record
Listing removed 2004-08-31
$57,900
Birmingham
Listing removed 2004-01-09
$62,000
Birmingham
Listed 2004-01-09
$57,900
Birmingham
Listed 2003-12-10
$62,000
Birmingham
Sold 1985-04-01
$27,000
Public Record

Total Square Feet Living: 1085
Year Built: 1920
Attic: Attic: Yes, Attic: Other
Construction Materials: Wood
Foundation Details: Crawl Space
Living Area Source: Per Tax Report
Property Age: 104
Levels or Stories: 1-Story
Total Area Main: 1085
Year Built Details: Existing

Sewer: Connected
Water Source: Public Water

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.