1 Bed   1 Bath
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31st St Sw
Birmingham, AL 35221

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Status: Inactive
Listing ID: 59189880
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Learn about 31st St Sw in Birmingham, AL

This property is available as a foreclosure at 31st St Sw. Based on our analysis of the current market conditions in Birmingham for 31st St Sw and comparable listings, the estimated market value is $58,234. The property located at has potential equity of $27,364. If purchased for rental purposes, the monthly rental rate could range between $649 and $780. For those interested in resale, the estimated profit from selling is $27,364. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 31st St Sw are updated daily along with others in Birmingham, Alabama.

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Property Information

  • Price: $37,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Total Square Feet: 997
  • Day(s) On Site: 83


Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for 31st St Sw located in Birmingham, AL is $680/month. Comparable homes around 31st St Sw that are rentals have monthly ranges starting as low as $649 per month and as high as $780 per month. An owner looking to use this property as an investment could bring a return in the area of $649 - $780 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
12/02/20 12/06/20 Foreclosure
11/06/20 11/02/20 Foreclosure
09/22/20 11/03/20 Preforeclosure


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Homes On This Street
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31st St Sw
Birmingham, AL 35221

1 Bed   1 Bath


Status: Inactive Listing ID: 59189880

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