Owner
$625,527
8309 ANCHOR WAY NE, TUSCALOOSA, AL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
3,057
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B-
Good Condition
Living Area
Carport
2 Stories
Forced Air Unit
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1986
Building Size
3,057 sq ft
Lot Size
35,719 sq ft
Lot Size (Acres)
0.82 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)
21-04-20-2-001-029.000
County
Tuscaloosa County, AL
Metro Area
Tuscaloosa, AL
Zoning
R1
Neighborhood/Subdivision
YACHT CLUB BAY 2
Lot Number
5R
School District
Tuscaloosa City School District
Legal Description
LOT 5R ALLEN, CALDWELL & OBRADOVICH RES
Tax & Value Information
Market Value (Total)
$573,900
Building Value
$508,900
Land Value
$65,000
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$114,780
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
6/11/2018
Recording Date
6/12/2018
Sales Document #
—
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
$24,205
Return on Investment
15.60%
After Repair Value
$688,080
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
$562,974
Renovation Cost
$31,276
Closing Costs (buying)
$11,259
Holding Costs
$17,080
Selling Costs
$41,285
Total Investment
$155,131
After Repair Value (ARV)
$688,080
Total Costs
$663,875
Estimated Profit
$24,205
Cash Invested
$143,871
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