159 Old Montgomery Hwy Unit C · Homewood, AL
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +25.0/30.0
- ARV discount +10.3/15.0
- DSCR +8.2/10.0
- 1% rule +6.5/10.0
- Schools +5.6/10.0
- Livability +4.0/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$149,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
Key facts
- Community pool
- Built 1969
- Listed 317 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $150k.
Deal economics
- At list price, monthly cash flow is $327 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $150k).
- Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.9% vs local median 2.2% in Homewood — 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 80/100 on livability (#5 in AL, #1,730 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: cost of living F.
- Homewood City (suburban): math 55% / reading 74% proficiency, ranked #3 of 129 in AL (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Shades Cahaba Elementary School (math 48% / reading 70%, grade B-, #67 of 627 statewide, top 11%, 501 students, 24% FRL); Homewood Middle School (math 52% / reading 76%, grade B+, #5 of 257 statewide, top 2%, 926 students, 30% FRL); Homewood High School (math 62% / reading 63%, grade B-, #4 of 305 statewide, top 1%, 1,330 students, 28% FRL) — zoned schools at 27% FRL track the district average.
- Market conditions: Rents rising (+2.6%/yr); 139 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 317 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 9y ago; this cycle's ask is 8003% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Questions for the listing agent
- It's been on market 317 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.15% ✓
- Cap rate
- 8.91%
- Cash-on-cash
- 9.34%
- DSCR
- 1.42
- GRM
- 7.2
CMA / ARV
- ARV (median comp)
- $159,714
- List price
- $149,900
- Delta
- -6.14%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 2.59% rent growth · sell at horizon
- IRR
- -2.6%
- Equity multiple
- 0.90×
- Total profit
- $-4,170
- Equity at exit
- $22,351
- IRR
- 6.6%
- Equity multiple
- 1.49×
- Total profit
- $20,378
- Equity at exit
- $12,961
Cash invested: $41,972 (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
ZIP-level market 35216
- Rents YoY
- 2.6%
- Active inventory
- 139
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $1,725 high interval (Pro) →
- Mortgage (P&I)
- −$786
- Tax est. 1.5%
- −$187 /mo · $2,248/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$362
- Net cashflow
- $327
Break-even live
Sensitivity live
| Price | -10% $430 | -5% $378 | +0% $327 | +5% $275 | +10% $223 |
|---|---|---|---|---|---|
| Rent | -10% $190 | -5% $258 | +0% $327 | +5% $395 | +10% $463 |
| Rate | -1.0pp $402 | -0.5pp $365 | base $327 | +0.5pp $288 | +1.0pp $248 |
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
- $37,475
- Closing costs
- $4,497
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 13 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 153 Old Montgomery Hwy Vestavia Hills, AL | 2.0 | 2.0 | 992 | $1,800 | $1.81 | 3d | 1 | 0.11mi |
| 150 Old Montgomery Hwy Unit 1 C Birmingham, AL | 2.0 | 2.0 | 992 | $1,750 | $1.76 | 16d | 1 | 0.12mi |
| 150 Old Montgomery Hwy Birmingham, AL | 2.0 | 2.0 | 970 | $1,750 | $1.80 | 3d | 1 | 0.12mi |
| 1301 Lakeshore Dr Homewood, AL | 3.0 | 1.0–2.0 | 1175 | $1,460 | $1.24 | 3d | 12 | 0.33mi |
| 1903 Vestavia Ct Vestavia Hills, AL | 1.0–3.0 | 1.0–2.0 | 1001 | $1,395 | $1.39 | 3d | 6 | 0.74mi |
| 3450 Manor Dr Homewood, AL | 1.0–2.0 | 1.0–2.0 | 1050 | $2,179 | $2.08 | 4d | 10 | 0.79mi |
| 3421 Sandner Ct Unit D Homewood, AL | 2.0 | 1.0 | 864 | $1,800 | $2.08 | 45d | 1 | 0.83mi |
| 3425 Sandner Ct Unit D Homewood, AL | 2.0 | 1.0 | 864 | $1,500 | $1.74 | 45d | 1 | 0.84mi |
| 3441 Sandner Ct Homewood, AL | 1.0 | 1.0 | 647 | $1,500 | $2.32 | 12d | 1 | 0.86mi |
| 3120 Lancaster Ct Unit A Homewood, AL | 1.0 | 1.0 | 800 | $2,499 | $3.12 | 3d | 1 | 1.03mi |
| 1905 Courtney Dr Apt 15 Homewood, AL | 1.0 | 1.0 | 565 | $950 | $1.68 | 45d | 1 | 1.19mi |
| 1860 Oxmoor Rd Unit 532 Homewood, AL | 2.0 | 2.0 | 1118 | $3,950 | $3.53 | 4d | 1 | 1.28mi |
| 1831 28th Ave S Birmingham, AL | 1.0 | 1.0 | 859 | $1,995 | $2.32 | 25d | 1 | 1.48mi |
HOA detail condo
- Monthly dues
- $0 · $0/yr
- Likely covers
- watersewertrashlandscapinginsurancepoolparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
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2026-06-22days on market $149,900 Active 317 DOM
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2026-06-18days on market $149,900 Active 314 DOM
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2026-06-17days on market $149,900 Active 313 DOM
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2026-06-16days on market $149,900 Active 312 DOM
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2026-06-15days on market $149,900 Active 311 DOM
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2026-06-13days on market $149,900 Active 309 DOM
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2026-06-10days on market $149,900 Active 306 DOM
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2026-06-09days on market $149,900 Active 305 DOM
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2026-06-08days on market $149,900 Active 304 DOM
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2026-06-07days on market $149,900 Active 303 DOM
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2026-06-03days on market $149,900 Active 299 DOM
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2026-06-02days on market $149,900 Active 298 DOM
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2026-06-01days on market $149,900 Active 297 DOM
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2026-05-31days on market $149,900 Active 296 DOM
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2026-02-26historical $1,550
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2026-02-17price $152,500 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2026-01-28price $1,550
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2026-01-16$1,850
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2025-11-30price $155,000 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-10-16price $159,900 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-10-15status Active 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-10-05historical Contingent 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-09-23price $162,500 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-08-22price $165,000 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-08-08$170,000 Active 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2025-08-02historical $170,000 833-char remark
Show marketing remark (833 chars)
2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.
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2024-01-12historical $1,900
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2024-01-11$1,900
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2024-01-05soldstatus $160,000 Sold 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2024-01-02status Pending 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-12-13historical Contingent 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-12-12price $164,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-11-28price $167,500 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-11-07price $169,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-10-27price $174,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-10-21price $179,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-09-26price $184,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-09-16price $189,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-09-01$194,900 Active 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-08-29historical $194,900 931-char remark
Show marketing remark (931 chars)
SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!
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2023-06-30soldstatus $170,000 Sold
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2023-06-29status Pending
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2023-06-26$149,900 Active
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2023-06-20historical $149,900
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2021-07-13soldstatus $137,000 Sold
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2021-06-17historical Contingent
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2021-06-15$124,900 Active
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2021-06-10historical $124,900
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2017-07-21soldstatus $92,000 Sold
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2017-06-26historical Contingent
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $20,697
- − Mortgage interest
- −$8,397
- − Property taxes
- −$2,248
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,656
- − Management
- −$1,656
- − Depreciation
- −$4,361
- Taxable income
- $1,630
- Est. tax owed @ 24.0%
- −$391
- After-tax cash flow
- $3,528/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
- Homewood City
- NCES district ID
- 0101760
- Math proficiency
- 55% ▼ -20.00%
- Reading proficiency
- 74% ▲ 6.00%
- Median HH income
- $63,366
- Composite
- 56.01/100
- National rank
- #1189
- State rank
- #3 of 129 in AL
Livability — Homewood
- Score
- 80/100
- State rank
- #5
- US rank
- #1730
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Homewood, AL
- County
- Jefferson County · 527,445 people
- City population
- 32,734
- Metro
- Birmingham-Hoover, AL
- Population (ZIP)
- 34,327
- Household income
- $74,525
- Rent vs Own
- Severe rent burden
- 1747.0
Population outlook (Jefferson County) Hauer SSP2
- Today (2025)
- 669,185 people
- By 2030
- 669,694 · +0.1%
- By 2040
- 661,388 · -1.2%
- By 2050
- 643,086 · -3.9%
- By 2075
- 577,267 · -13.7%
- By 2100
- 474,758 · -29.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 61% Black 24% Hispanic / Latino 8% Asian 5% Two or more races 4% Native American 1%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Slovak 3% Serbian 2% Italian 2%
- Foreign-born
- 8% · Canada, China, South Korea
- Languages at home
- 88% English-only · Spanish 6% Other Indo-European 2% Arabic 1%
Political lean MEDSL · Jefferson
- 2024 margin
- D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
- 2008→2024 swing
- +5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
- All cycles
- 2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -259.83%
- Current HPI
- 239.8705
- Rent YoY
- ▲ 2.59%
- Metro
- Birmingham-Hoover, 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 |
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| Healthcare | 1 | $5B |
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Price history
-98.3% since first listed37 events — show timeline
- 2026-02-26 Rental Removed $1,550 GALMLS
- 2026-02-17 Price Changed $152,500 Greater Alabama MLS
- 2026-01-28 Price Changed $1,550 GALMLS
- 2026-01-16 Listed for Rent $1,850 GALMLS
- 2025-11-30 Price Changed $155,000 Greater Alabama MLS
- 2025-10-16 Price Changed $159,900 Greater Alabama MLS
- 2025-10-15 Relisted — Greater Alabama MLS
- 2025-10-05 Contingent — Greater Alabama MLS
- 2025-09-23 Price Changed $162,500 Greater Alabama MLS
- 2025-08-22 Price Changed $165,000 Greater Alabama MLS
- 2025-08-08 Listed $170,000 Greater Alabama MLS
- 2025-08-02 Coming Soon $170,000 Greater Alabama MLS
- 2024-01-12 Rental Removed $1,900 TURBOTENANT
- 2024-01-11 Listed for Rent $1,900 TURBOTENANT
- 2024-01-05 Sold (MLS) $160,000 Greater Alabama MLS
- 2024-01-02 Pending — Greater Alabama MLS
- 2023-12-13 Contingent — Greater Alabama MLS
- 2023-12-12 Price Changed $164,900 Greater Alabama MLS
- 2023-11-28 Price Changed $167,500 Greater Alabama MLS
- 2023-11-07 Price Changed $169,900 Greater Alabama MLS
- 2023-10-27 Price Changed $174,900 Greater Alabama MLS
- 2023-10-21 Price Changed $179,900 Greater Alabama MLS
- 2023-09-26 Price Changed $184,900 Greater Alabama MLS
- 2023-09-16 Price Changed $189,900 Greater Alabama MLS
- 2023-09-01 Listed $194,900 Greater Alabama MLS
- 2023-08-29 Coming Soon $194,900 Greater Alabama MLS
- 2023-06-30 Sold (MLS) $170,000 Greater Alabama MLS
- 2023-06-29 Pending — Greater Alabama MLS
- 2023-06-26 Listed $149,900 Greater Alabama MLS
- 2023-06-20 Coming Soon $149,900 Greater Alabama MLS
- 2021-07-13 Sold (MLS) $137,000 Greater Alabama MLS
- 2021-06-17 Contingent — Greater Alabama MLS
- 2021-06-15 Listed $124,900 Greater Alabama MLS
- 2021-06-10 Coming Soon $124,900 Greater Alabama MLS
- 2017-07-21 Sold (MLS) $92,000 Greater Alabama MLS
- 2017-06-26 Contingent — Greater Alabama MLS
- 2017-06-15 Listed $92,000 Greater Alabama MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…