Owner
$223,689
520 CARDESSA LN, GRANT, AL
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
1
sq. ft.
1,260
property type
Single Family Residential
hoa
No
About
Residential
Poor Condition
Living Area
1 Story
Forced Air Unit
Pool (Yes)
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2016
Building Size
1,260 sq ft
Lot Size
43,560 sq ft
Lot Size (Acres)
1.00 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
06-05-22-0-000-044.006
County
Marshall County, AL
Metro Area
Albertville, AL
Zoning
—
Neighborhood/Subdivision
C
Lot Number
—
School District
Marshall County School District
Legal Description
COM NW COR SW4 NW4 22-6-4; TH E 243 TO POB; TH S 209; TH E 209; TH N 209; TH W 209 TO POB CONT 1 AC(D) 4304/126
Tax & Value Information
Market Value (Total)
$166,600
Building Value
$157,900
Land Value
$8,700
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$33,320
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
9/16/2020
Recording Date
9/16/2020
Sales Document #
2020.3213185
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$8,656
Return on Investment
15.60%
After Repair Value
$246,058
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$201,320
Renovation Cost
$11,184
Closing Costs (buying)
$4,026
Holding Costs
$6,108
Selling Costs
$14,763
Total Investment
$55,475
After Repair Value (ARV)
$246,058
Total Costs
$237,402
Estimated Profit
$8,656
Cash Invested
$51,448
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area