3 months on rocket

2405 Palmetto St, Montgomery, AL, 36107

$110,000

Home List Price

$1,306*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2405 Palmetto St, Montgomery$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOther
Year Built1940
HeatingWindow Unit(s)
CoolingWindow Unit(s)
MLS #21375974
StatusActive

About 2405 Palmetto St

Back on the Market! Furnisher has been removed! Great investment opportunity for first-time home buyers or Investors to purchase this nice duplex. This is the perfect setup for someone looking to make an additional income. Live mortgage free! This home has recently been remodeled. Electrical and plumbing is up to date. Currently is used for short term rentals and Airbnb. 3 bedrooms 2 full baths. There is a studio apartment on the backside and the front unit has 2 bedrooms. The possibilities are endless! This wont last long! Selling as is, no repairs will be made.

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Beycome Brokerage Realty
  • Listing Agent: Steven Koleno

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Connection
  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 2405 Palmetto St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Window Unit(s)
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Capitol Heights Jr High School, Public District Grades 6-8
  • Highland Avenue Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Turn left onto Highland Ave Turn right onto Ryan St Turn right at the 1st cross street onto Palmetto St The destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000

Tax Information:

  • Annual Amount: $1,744
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montgomery, AL.

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Montgomery, AL

City

Med. Sold Price

$174.4K

Med. Price/SqFt

$100

Avg. Days On Market

80

# of Sold Homes

186

2405 Palmetto St vs Montgomery

92 DAYS ON ROCKET

+12 Days

$110,000

-$64.4K Less

KEY TAKEAWAY

This property is $64.4K less than the Median Sold Price in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21375974

Listing Office:

  • Office Name: Beycome Brokerage Realty
  • Listing Agent: Steven Koleno

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 8:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 15, 2020Home Sold
$14,000
Jul 03, 2007Home Sold
$62,975

Tax History

YEARPROP. TAXASSESSMENT
2020$1,744$4,580
2019$169$4,640
2018$167$4,580
2017$263$7,200

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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.

Elementary School

school-card-donut-5560480
1
/10

  • Highland Avenue Elementary School

  • 2024 Highland Ave

  • 0.29 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5560481
1
/10

  • Capitol Heights Jr High School

  • 116 Federal Dr

  • 0.76 miles

  • Public District Grades 6-8

High School

school-card-donut-5560482
1
/10

  • Lee High School

  • 225 Ann St

  • 0.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,897. The most common annual income of people living in Montgomery, AL is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Montgomery County›Montgomery›36107›2405 Palmetto St

This home is located at 2405 Palmetto St in Montgomery, AL and zip code 36107 in the Highland Park neighborhood. This home was built in 1940. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $110,000.

In April 2024, from all listings sold in Montgomery, AL there were more than 29 sold above asking price, over 103 sold below and more than 54 were sold right at the asked price. The inventory of homes for sale in Montgomery, AL between March 2024 and April 2024 increased by 5.9%. Listings spent 80 days on the market in April 2024, and had a median list price of $174,493 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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