Excellent Investment Property or Adorable Family Home!! Three bedrooms, one and a half bath and large eat in kitchen. Beautiful hardwoods in the living room. Large basement for storage or future expansion. Home just got a refresh and is ready for a new owner! Check it out today!
Directions: From Downtown Birmingham, get on I-20 E/I-59 N from 5th Ave N. Follow I-59 N to US-11 N/1st Ave N. Take exit 132 from I-59 N. Continue on 1st Ave N. Take West Blvd and Red Mill Rd to Redstone Way.
Price Information
Listing Price Info
Price Summary:
List Price: $139,900
Price Per SqFt: $110/SqFt
Tax Information:
Annual Amount: $1,656
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Birmingham, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Martha Gaskins Middle School
200 Dalton Dr
Distance between this listing and this school1.18 miles
Public District Grades KG-5
2
/10
Sun Valley Elementary School
1010 18th Ave NW
Distance between this listing and this school1.77 miles
Public District Grades PK-5
1
/10
Huffman Academy
1212 Cheyenne Blvd
Distance between this listing and this school1.81 miles
Public District Grades PK-5
Nearby Schools
1
/10
Smith Middle School
1124 Five Mile Rd
Distance between this listing and this school0.58 miles
Public District Grades 6-8
2
/10
Huffman Middle School
517 Huffman Rd
Distance between this listing and this school1.50 miles
Public District Grades 6-8
7
/10
Christian Alternative School
725 Mountain Dr
Distance between this listing and this school2.42 miles
Public District Grades KG-8
Nearby Schools
1
/10
Huffman High School-Magnet
900 Springville Rd
Distance between this listing and this school1.65 miles
Public Magnet Grades 9-12
1
/10
Tarrant High School
91 Black Creek Rd
Distance between this listing and this school3.37 miles
Public District Grades 7-12
1
/10
Erwin High School
1000 Eagle Dr
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $60,410. Most Birmingham, AL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 196 Redstone Way
What is the listing price of this property?
The listing price of 196 Redstone Way property is $139,900.
What type of property is this?
The property 196 Redstone Way is a house located in Birmingham, Alabama, 35215.
Is this property for sale now?
Accepting Backup Offers: 196 Redstone Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,656 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 20, 2019 for $89,120. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 196 Redstone Way has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 196 Redstone Way is 1,275 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 196 Redstone Way is 1965.
This home is located at 196 Redstone Way in Birmingham, AL and zip code 35215 in the Killough Springs neighborhood. This 1,275 square foot home, which was built in 1965, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $139,900.
Between March 2024 and April 2024, Birmingham, AL real estate market has seen increase in the number of listings by 91.1%. In April 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $224,598.
From Rocket Homes Real Estate and based on county public records data.