Welcome to your charming 2-bedroom, 1-bathroom abode nestled in the heart of Crestwood, Alabama! This cozy home boasts convenience with its prime location, offering easy access to the nearby park, Crestwood Tavern, and shopping destinations, all within walking distance. Enjoy the comfort of a quaint neighborhood while being just steps away from the vibrant pulse of the community. Plus, capitalize on its potential as an active income-producing Airbnb, making it an ideal investment opportunity! Don't miss the chance to own this delightful residence with both charm and earning potential.
Property Details
Property Features
Property Information:
Year Built: 1925
Stories: 1
Living Area: 940 SqFt
Listing Office:
Office Name: HBH Realty Inc.
Listing Agent: Izzie Cobb
Interior Features
Interior Information:
Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
Directions: Driving north on Hwy 31/Red Mountain Expressway, take exit for US-11N/1st Ave N and keep right. Turn right onto US-11N. Drive 2.4 miles and turn right onto 50th Street N. Turn right onto 5th Ave S. Take 2nd left onto 49th Street S. Continue onto 8th Terrace S.
Price Information
Listing Price Info
Price Summary:
List Price: $320,000
Price Per SqFt: $340/SqFt
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,665
Per Month
Principal & Interest
$1,598
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
$1,026
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
Avondale Elementary School
4000 8th Ct S
Distance between this listing and this school1.14 miles
Public District Grades PK-5
5
/10
Gate City Elementary School
6871 6th Ct S
Distance between this listing and this school1.52 miles
Public District Grades KG-5
2
/10
Norwood Elementary School
3136 Norwood Blvd
Distance between this listing and this school2.72 miles
Public District Grades KG-5
Nearby Schools
1
/10
Hayes K-8
505 43rd St N
Distance between this listing and this school0.89 miles
Public District Grades PK-8
1
/10
We Putnam Middle School-Magnet
1757 Montclair Rd
Distance between this listing and this school2.46 miles
Public Magnet Grades 6-8
8
/10
Phillips Academy
2316 7th Ave N
Distance between this listing and this school2.80 miles
Public District Grades PK-8
Nearby Schools
1
/10
Woodlawn High School-Magnet
5620 1st Ave N
Distance between this listing and this school1.03 miles
Public Magnet Grades 9-12
10
/10
Ramsay High School
1800 13th Ave S
Distance between this listing and this school3.18 miles
Public District Grades 9-12
10
/10
Mt Brook High School
3650 Bethune Dr
Distance between this listing and this school3.60 miles
The neighbors living near this home have an average income of $74,179. Most Birmingham, AL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4905 8th Ter
What is the listing price of this property?
The listing price of 4905 8th Ter property is $320,000.
What type of property is this?
The property 4905 8th Ter is a house located in Birmingham, Alabama, 35222.
Is this property for sale now?
Active Listing: 4905 8th Ter is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 4905 8th Ter has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 4905 8th Ter is 940 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4905 8th Ter is 1925.
This home is located at 4905 8th Ter in Birmingham, AL and zip code 35222 in the Crestwood North neighborhood. This 940 square foot home was built in 1925. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $320,000.
The inventory of homes for sale in Birmingham, AL between March 2024 and April 2024 increased by 91.1%. In April 2024 median list price was $224,598 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.