1302 S Perry St · Montgomery, AL 36104

$74,900

2 bd · 5.0 ba · 4,050 sqft · SingleFamily public records · 372 Days on market

Built 1900 0.41 ac lot $18/sqft · 76% below area ↓ 53% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

Key facts

• Updated tile
• Large dining room
• Walk-in foyer

Tags

• CORNER LOT
• ORIGINAL HARDWOOD FLOORS
• UPDATED TILE
• GRAND GREAT ROOM
• LARGE DINING ROOM
• WALK-IN FOYER

What this means for you Summary

Snapshot

• This is a 2-bed/5.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $675 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.1% vs local median 6.0% in Montgomery — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities D-.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Nixon Elementary School (math 2% / reading 8%, grade F, #618 of 627 statewide, top 100%, 441 students, 97% FRL, charter); Bellingrath Middle School (math 0% / reading 12%, grade F, #252 of 257 statewide, top 98%, 607 students, 96% FRL, charter); Lanier Senior High School (math 2% / reading 12%, grade F, #265 of 305 statewide, top 89%, 798 students, 94% FRL) — zoned schools average 95% FRL vs 70% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 6% at this address vs 20% district-wide (-14 pts) — the specific schools serving this property underperform the Montgomery County average; the district grade overstates school quality for this exact location.
• Market conditions: 53 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 372 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 25y ago; this cycle's ask has dropped $125k (63%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.12% ✓
• Cap rate: 17.11%
• Cash-on-cash: 38.65%
• DSCR: 2.72
• GRM: 3.9

CMA / ARV

• ARV (median comp): $349,090
• List price: $74,900
• Delta: -78.54%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1765 S Perry St	0.56mi	3/4.5 (+1)	4,250 (+5%)	12mo	$185,000	$44	49
783 Felder Ave	0.74mi	3/2.5 (+1)	4,104 (+1%)	1mo	$540,000	$132	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.8%
• Equity multiple: 2.48×
• Total profit: $30,944
• Equity at exit: $11,168

10-year hold

• IRR: 41.7%
• Equity multiple: 4.94×
• Total profit: $82,588
• Equity at exit: $6,476

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36104

• Active inventory: 53
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,586 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$153 /mo · $1,841/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $675

Break-even live

Break-even rent $731

Max offer price $74,900

Occupancy floor 52%

Sensitivity live

Price	-10% $718	-5% $697	+0% $675	+5% $654	+10% $633
Rent	-10% $550	-5% $613	+0% $675	+5% $738	+10% $801
Rate	-1.0pp $713	-0.5pp $695	base $675	+0.5pp $656	+1.0pp $636

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3179 Norman Bridge Rd Unit 4 Montgomery, AL	2.0	1.0	4059	$1,000	$0.25	45d	1	0.88mi
1029 Magnolia Curv Montgomery, AL	3.0	2.5	3134	$2,695	$0.86	15d	1	0.98mi

Listing history 41 events

1. 2026-06-21
   days on market $74,900 Active 372 DOM
2. 2026-06-18
   days on market $74,900 Active 369 DOM
3. 2026-06-17
   days on market $74,900 Active 368 DOM
4. 2026-06-16
   days on market $74,900 Active 367 DOM
5. 2026-06-15
   days on market $74,900 Active 366 DOM
6. 2026-06-14
   days on market $74,900 Active 364 DOM
7. 2026-06-13
   days on market $74,900 Active 363 DOM
8. 2026-06-10
   days on market $74,900 Active 361 DOM
9. 2026-06-09
   days on market $74,900 Active 360 DOM
10. 2026-06-08
    days on market $74,900 Active 359 DOM
11. 2026-06-07
    days on market $74,900 Active 358 DOM
12. 2026-06-03
    days on market $74,900 Active 354 DOM
13. 2026-06-02
    days on market $74,900 Active 353 DOM
14. 2026-06-01
    days on market $74,900 Active 352 DOM
15. 2026-05-31
    days on market $74,900 Active 351 DOM
16. 2026-05-30
    days on market $74,900 Active 350 DOM
17. 2026-04-10
    price $74,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

18. 2026-03-23
    status Active 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

19. 2026-01-23
    status Pending 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

20. 2026-01-01
    price $84,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

21. 2025-12-31
    status Active 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

22. 2025-12-29
    historical 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

23. 2025-12-02
    price $95,000 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

24. 2025-12-01
    status Active 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

25. 2025-11-29
    historical 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

26. 2025-10-10
    price $104,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

27. 2025-09-13
    price $109,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

28. 2025-09-12
    status Active 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

29. 2025-09-06
    historical 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

30. 2025-08-06
    price $129,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

31. 2025-07-17
    price $134,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

32. 2025-06-23
    price $175,000 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

33. 2025-06-23
    price $175,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

34. 2025-05-24
    price $179,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

35. 2025-05-09
    price $189,900 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

36. 2025-04-05
    listed $199,900 Active 798-char remark

    Show marketing remark (798 chars)

    This classic American beauty sits proudly on a corner lot in one of Montgomery’s most storied neighborhoods—just a block from the Governor’s Mansion. Bursting with potential, this Diamond in the Rough offers over 3,800 sq ft of timeless character and spacious living. Inside, original hardwood floors flow throughout most of the home, complemented by updated tile in the kitchen and select bathrooms. The main floor features a grand Great Room, large Dining Room, Walk-In Foyer, spacious Kitchen, a generous Master Bedroom, a full Bath, half Bath. Upstairs, you'll find two additional bedrooms, a second Master Suite with private Bath. The home also includes two separate basement areas, these spaces hold great potential for storage or future renovation as income-producing units

37. 2020-09-08
    soldstatus $110,000
38. 2020-08-03
    soldstatus $70,000 936-char remark

    Show marketing remark (936 chars)

    Diamond in the Rough! Located on a corner lot just steps from the Governor's Mansion, this 4-5 bedroom home is a classic American beauty. Original wood floors throughout most of the home, and new tile in the kitchen and some baths. With over 3,800 sq ft there is plenty of room on the first and second floor. First floor is complete with a large Great Room, kitchen, Large Master Bedroom, Glamour Room(which can be used as another bedroom), Dining Room, Walk-In Foyer, Bathroom and a half Bath. The second floor is complete with 2 bedrooms, a Master Bedroom Suite, Master Bath, a Dining Room, and Bonus Room(there was previously a kitchen in this room). Roof is less than 3 years old. There are two separate basement areas that were used as servant's quarters when the house was originally built, but are no longer in use. Could be used for storage or if refinished good income opportunity. Home does need a little TLC and Elbow Grease!

39. 2017-06-15
    listed $69,900 936-char remark

    Show marketing remark (936 chars)

    Diamond in the Rough! Located on a corner lot just steps from the Governor's Mansion, this 4-5 bedroom home is a classic American beauty. Original wood floors throughout most of the home, and new tile in the kitchen and some baths. With over 3,800 sq ft there is plenty of room on the first and second floor. First floor is complete with a large Great Room, kitchen, Large Master Bedroom, Glamour Room(which can be used as another bedroom), Dining Room, Walk-In Foyer, Bathroom and a half Bath. The second floor is complete with 2 bedrooms, a Master Bedroom Suite, Master Bath, a Dining Room, and Bonus Room(there was previously a kitchen in this room). Roof is less than 3 years old. There are two separate basement areas that were used as servant's quarters when the house was originally built, but are no longer in use. Could be used for storage or if refinished good income opportunity. Home does need a little TLC and Elbow Grease!

40. 2002-03-18
    listed $119,900
41. 2001-06-24
    listed $159,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $1,841 · $153/mo
• Projected year-2 tax: $1,841 · $153/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 56% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,031
• − Mortgage interest: −$4,196
• − Property taxes: −$1,841
• − Insurance: −$374
• − Repairs & maintenance: −$1,522
• − Management: −$1,522
• − Depreciation: −$2,179
• Taxable income: $7,396
• Est. tax owed @ 24.0%: −$1,775
• After-tax cash flow: $6,331/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

Amenities D- Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• County: Montgomery County · 190,016 people
• City population: 175,913
• Metro: Montgomery, AL
• Population (ZIP): 10,535
• Household income: $33,823
• Rent vs Own: 75.4% rent · 24.6% own
• Severe rent burden: 641.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (72%)
• Race & ethnicity: Black 72% White 20% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Swedish 2% Russian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -101.13%
• Current HPI: 27.2384
• Rent YoY: —
• Metro: Montgomery, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

-52.9% since first listed

25 events — show timeline

• 2026-04-10 Price Changed $74,900 Greater Alabama MLS
• 2026-03-23 Relisted — Greater Alabama MLS
• 2026-01-23 Pending — Greater Alabama MLS
• 2026-01-01 Price Changed $84,900 Greater Alabama MLS
• 2025-12-31 Relisted — Greater Alabama MLS
• 2025-12-29 Delisted — Greater Alabama MLS
• 2025-12-02 Price Changed $95,000 Greater Alabama MLS
• 2025-12-01 Relisted — Greater Alabama MLS
• 2025-11-29 Delisted — Greater Alabama MLS
• 2025-10-10 Price Changed $104,900 Greater Alabama MLS
• 2025-09-13 Price Changed $109,900 Greater Alabama MLS
• 2025-09-12 Relisted — Greater Alabama MLS
• 2025-09-06 Delisted — Greater Alabama MLS
• 2025-08-06 Price Changed $129,900 Greater Alabama MLS
• 2025-07-17 Price Changed $134,900 Greater Alabama MLS
• 2025-06-23 Price Changed $175,000 Greater Alabama MLS
• 2025-06-23 Price Changed $175,900 Greater Alabama MLS
• 2025-05-24 Price Changed $179,900 Greater Alabama MLS
• 2025-05-09 Price Changed $189,900 Greater Alabama MLS
• 2025-04-05 Listed $199,900 Greater Alabama MLS
• 2020-09-08 Sold (Public Records) $110,000 Public Records
• 2020-08-03 Sold (MLS) $70,000 MAAR
• 2017-06-15 Listed $69,900 MAAR
• 2002-03-18 Listed $119,900 MAAR
• 2001-06-24 Listed $159,000 MAAR

Property tax history

+4.4%/yr

Latest (2025): $1,841 · -14.1% YoY. Source: county tax records.