Owner
$343,689
1745 JACK WARNER PKWY APT A4, TUSCALOOSA, AL
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
3
baths
1
sq. ft.
1,311
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Building Quality B
Living Area
1 Story
Forced Air Unit
Wood
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1968
Building Size
1,311 sq ft
Lot Size
0 sq ft
Lot Size (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)
31-06-14-3-005-406.004
County
Tuscaloosa County, Alabama
Metro Area
Tuscaloosa, AL
Zoning
RMF1
Neighborhood/Subdivision
RIVER ROAD COND
Lot Number
4-A
School District
Tuscaloosa City School District
Legal Description
UNIT A-4 RIVER ROAD CONDOMINIUM & THE INTEREST IN THE COMMON AREA ASSOCIATED WITH THE SAME
Tax & Value Information
Market Value (Total)
$164,700
Building Value
$164,700
Land Value
$0
Annual Property Tax
$1,696
Tax Assessment Year
2024
Assessed Value
$32,940
Last Assessment Year
2024
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
7/21/2016
Recording Date
7/21/2016
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
$13,299
Return on Investment
15.60%
After Repair Value
$378,058
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
$309,320
Renovation Cost
$17,184
Closing Costs (buying)
$6,186
Holding Costs
$9,385
Selling Costs
$22,683
Total Investment
$85,235
After Repair Value (ARV)
$378,058
Total Costs
$364,759
Estimated Profit
$13,299
Cash Invested
$79,048
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