7 months on rocket

530 Placid Dr, Montgomery, AL, 36117

$119,900

Home List Price

$1,424*

Closing Credit

3 Bedrooms
2 Full Baths
1,378 SqFt
$87/SqFt
House
Schools Nearby

Location

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530 Placid Dr, Montgomery$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1972
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #546334
Lot Size0.21 Acres
StatusActive

About 530 Placid Dr

Calling all investors! Here is a fantastic opportunity to add a lucrative income generating property to your portfolio! This well-maintained single family residence in Montgomery offers an attractive investment opportunity with a strong rental history. This property is currently rented for $860/ month, providing a reliable and substanial cash flow for investors! This is a chance to grow your investment portfolio with a property that promises consistent and substanial returns!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,378 SqFt

Listing Office:

  • Office Name: Harris And Atkins Real Estate
  • Office Phone: (334) 495-4000
  • Listing Agent: Michael Atkins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Plumbed For Ice Maker
  • Flooring Type: Carpet, Laminate
  • Interior: Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Porch, Patio, Storage

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Trees
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Wares Ferry Road Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Wares Ferry Road to Quercus. Right on Placid and home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $503
  • 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

$174.9K

Med. Price/SqFt

$99

Avg. Days On Market

89

# of Sold Homes

185

530 Placid Dr vs Montgomery

210 DAYS ON ROCKET

+121 Days

$119,900

-$55K Less

$87/SqFt

-$13 Less

KEY TAKEAWAY

This property is $55K less than the Median Sold Price and $13/SqFt less than other homes in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #546334

Listing Office:

  • Office Name: Harris And Atkins Real Estate
  • Office Phone: (334) 495-4000
  • Listing Agent: Michael Atkins

IDX Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 24, 2018Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$503$6,790
2019$437$11,980
2018$251$6,880
2017$231$6,320

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-1091126
3
/10

  • Wares Ferry Road Elementary School

  • 6425 Wares Ferry Rd

  • 0.46 miles

  • Public District Grades KG-5

High School

school-card-donut-1091127
1
/10

  • Lee High School

  • 225 Ann St

  • 4.83 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 $40,588. The majority of Montgomery, AL residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 530 Placid Dr

What is the listing price of this property?

The listing price of 530 Placid Dr property is $119,900.

What type of property is this?

The property 530 Placid Dr is a house located in Montgomery, Alabama, 36117.

Is this property for sale now?

Active Listing: 530 Placid Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 530 Placid Dr are:
Wares Ferry Road Elementary School: GreatSchools Rating 3/10
Lee High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $503 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 24, 2018 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 530 Placid Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 530 Placid Dr is 1,378 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 530 Placid Dr is 1972.

Rocket Homes›Alabama›Montgomery County›Montgomery›36117›530 Placid Dr

This home is located at 530 Placid Dr in Montgomery, AL and zip code 36117. This 1,378 square foot home, which was built in 1972, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $119,900.

Over 30 listings were sold over their listed price in March 2024 in Montgomery, AL. In the same period over 99 listings were sold below the listed price and 56 listings were sold for the listed price. The number of homes for sale in Montgomery, AL increased by 9.8% between February 2024 and March 2024. In March 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $174,983.

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

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