Real Estate for sale in Birmingham, Alabama. Here is a great bargain. This House is offered by Owner located in Alabama. Built around 1930 the property is approximately 1261.00 square feet. As of now, highest offer: $102.5.
Normal 0 false false false MicrosoftInternetExplorer4 ATTRACTIVE 3 BEDROOM 1 BATH IN BIRMINGHAM, ALABAMA YOU ARE BIDDING ON THE DOWN PAYMENT! TAX VALUE $43,300 BIDDING STARTS AT $1 "OWN IT IN 10 YEARS" EXCELLENT OPPORTUNITY TO OWN FOR LESS THAN RENT OR⦠EXCELLENT INVESTMENT AS STRONG RENTAL PROPERTY WITH GREAT CASH POTENTIAL!! THIS IS A NO RESERVE AUCTION!! THERE ARE NO LIENS OR BACK TAXES ON THIS PROPERTY BUY WITH CONFIDENCE PLEASE READ ENTIRE LISTING BEFORE BIDDING "OWN IT IN 10 YEARS" ABOUT BIRMINGHAM, ALABAMA Birmingham is the largest city in Alabama. The city is the county seat of Jefferson County. According to an estimate by the U.S. Census Bureau in 2007, Birmingham had a population of about 229,800. The Birmingham Metropolitan Area, in estimate by the U.S. Census Bureau in 2009, had a population of about 1,212,848. The Birmingham Metropolitan Area contains about one-quarter of the entire population of Alabama. From its founding through the end of the 1960s, Birmingham was the primary industrial center of the Southern United States. The astonishing pace of Birmingham's growth during the period from 1881 through 1920, Birmingham earned its nicknames "The Magic City" and "The Pittsburgh of the South." Much like Pittsburgh, Pennsylvania, Birmingham's major industries were iron and steel production, plus a major component of the railroading industry, where rails and railroad cars were both manufactured in Birmingham. In the field of railroading, the two primary hubs of railroading in the Deep South were Atlanta, Georgia, and Birmingham, beginning in the 1860s and continuing through to the present day. Going clockwise from the due north, Birmingham is the nexus of railroad lines that connect it with Nashville, Chattanooga, Atlanta, Columbus, Georgia, Montgomery, Tuscaloosa, Jackson, Mississippi, and Memphis, Tennessee. Birmingham's economy diversified during the later half of the twentieth century. Though the manufacturing industry maintains a strong presence in Birmingham, other businesses and industries such as banking, telecommunications, transportation, electrical power transmission, medical care, college education, and insurance have risen in stature. Mining in the Birmingham area is practically a dead industry, except for coal mining, which remains a large business. Major banks and insurance companies have long been strong in Birmingham, and as mentioned above, Birmingham is a nexus of railroading, especially railroad freight. With the advent of the truck and the automobile, the great growth of the U.S. Highways, and then the Interstate Highways, Birmingham also became a powerful center of the trucking industry, and also car and intercity bus transportation. Just west of Birmingham, at "Port Birmingham", there is a riverport on the Black Warrior River, which now serves mostly for the shipping of barges of coal to the seaport of Mobile, Alabama, but in past decades, long removed, Port Birmingham has served as a port both for the import of iron ore from various countries, and for the export of iron and steel products to other parts of the United States and to foreign countries. In the field of college and university education, Birmingham has been the location of the University of Alabama School of Medicine and the University of Alabama School of Dentistry since 1947, and since that time, it has also become provided with the University of Alabama at Birmingham (founded circa 1965), one of three main campuses of the University of Alabama, and also with the private Samford University. Between these two universities, Birmingham has major colleges of medicine, dentistry, optometry, pharmacy, law, engineering, and nursing. Birmingham is home to three of the state's five law schools: Cumberland School of Law, Birmingham School of Law, and Miles Law School. Today, Birmingham ranks as one of the most important business centers in the Southeastern United States and is also one of the largest banking centers in the United States. In addition, the Birmingham area serves as headquarters to one Fortune 500 company: Regions Financial. Five Fortune 1000 companies are headquartered in Birmingham. NEIGHBORHOOD DESCRIPTION Property Address: 416 9th Street West County: Jefferson Municipal Jurisdiction: Birmingham Subdivision Name: Owenton Neighborhood Zip: 35204 School District: Birmingham City Elementary School: Middle School: High School: HOME DESCRIPTION 416 9th Street West, Birmingham AL 35204 Nice Older Single Family Home Great for Handyman Needs some repairs New Roof! Can move in or rent out with a little work Fenced Yard Year Built: 1930 3 total bedroom(s) 1 Total full Bath Sq Ft: 1261 Single Story Lot size: 0.100 Acres # Stories: 1 Total Rooms: 9 Public Water Parcel#: 22-33-4-026-001.000 00 Legal Description: The South 40 feet of Lots 1 and 2, Block 21, according to the Map and Survey of Owentown INTERIOR FEATURES Carpet on top of hardwood floors, Vinyl Floor Breakfast Room, Living Room, Dining Room, Bonus Room, Attached shed All Windows and doors have burglar bars Laundry on the Main Level EXTERIOR FEATURES Chain-Fenced Yard Security Back Door Exterior Construction: Wood Roof: Asphalt Crawl Space OTHER INFORMATION: 2010 Tax Assessor Value: $43,300 Sale History: None - occupied for over 30 years by a single family 2009 Property Tax: $230 VALUE ESTIMATES Eppraisal.com: Value $74,652 Link to Eppraisal.com: http://www.eppraisal.com/Home-Values-416-9th-st-w-birmingham-al-35204-38122499.mvc Cyberhomes.com: Value $40,481 Link to Cyberhomes.com: http://www.cyberhomes.com/homes-birmingham-al-35204/4169thstw/36010508.aspx Realtytrac.com: Value $40,481 Link to RealQuest.com: http://www.realtytrac.com/valuetrac/homevalues.aspx?address=416%209th%20St.%20W.,%20Birmingham,%20AL%2035204#NDE2IDl0aCBTdCBXLCBCaXJtaW5naGFtLCBBTCAzNTIwNA== TERMS OF AUCTION PLEASE READ THE TERMS CAREFULLY! THIS PROPERTY IS BEING OFFERED WITH LOW DOWN PAYMENT AND OWNER FINANCING! HERE ARE THE TERMS! >>>>>>Bid is not the sales price<<<<<< YOU ARE BIDDING ON THE DOWN PAYMENT! The purchase Price is $30,000. I will Finance the balance for 120 months (10 Years) at 11% interest. Example: If you bid $1,000 down, I will Finance the balance of $29,000 at 11% interest for 10 years with a payment of $399.48 per month. At this low payment, you could rent this out for a positive cash flow or move in with a payment cheaper than rent. Wire accepted for down payment if needed If you wanted to get into real estate without huge renovations or qualifying for bank loans then this is your chance. Transfer will be by Warranty Deed. Title Insurance is available. I will pay for all closing costs. There are no leans or back taxes owed. CLOSING PROCESS HIGH BIDDER MUST CNTACT ME WITHIN 24 HOURS OF THE END OF AUCTION 1) You send complete down payment (Bid Amount) by certified Bank Check, or Money Order to VALME LLC within 48 hours of the end of auction. (I do accept wire but I need to be notified prior to funds being sent). 2) I send you the purchase agreement to review and sign. 3) You send me the purchase agreement signed along with your full name, (any other name you need to have the Deed recorded) address, email address and phone numbers. 4) All financing and closing documents are emailed or mailed to local closing attorney/title company to be signed by you. 5) The deed and security instruments gets recorded in your name with the county office. I will pay for all closing costs. Thatâs it, simple as that. You are now a homeowner! MORE IMPORTANT INFORMATION Please Bid Only If You Intend to Buy and If Youâre Down Payment Funds Are Available!! New eBuyer or less than 5 positive or negative feedback please e-mail me before bidding, If I do not hear from you I will have to cancel the bid. We encourage you to look at our home before bidding and do your own due diligence on this property. Please Note: This property will continue to be marketed until both Buyer and Seller have signed the Purchase Contract and the complete down payment is received and buyer has met all qualifications. This property is also marketed by other methods at the same time as this auction. Seller LSB Homes, LLC, reserves the right to end the auction early or withdraw the property at any time before or after the auction has ended, for any reason. Information presented in this listing has been obtained from Public Record, Treasurerâs Office, Realtors, Appraisers, Inspections, and Inspection reports. The information is believed to be accurate, but not guaranteed. Please rely on your own due diligence and inspections! LSB Homes, LLC & its officers, employees and/or affiliates did not take up residence in the subject property and has no knowledge of any hidden or latent defects. All information stated is based upon their information. There is no existing mortgage on the property. Buyers and/or potential buyers hereby acknowledge that any reliance upon any statements contained in this website shall be at your sole risk. Sellerâs reserves the right, in its sole discretion and without any obligation, to make improvements to, additions, deletions, or correct any error or omissions, in any portion of the statements contained in this website. We are not however responsible for any errors or omissions. I welcome any and all questions. Please ask prior to bidding. Serious bidders only! Please do not bid if you do not intend to buy. By bidding on this property, you are agreeing to all terms and conditions in this listing. This property is being sold as is, where is, with NO guarantees whatsoever. It is the responsibility of the buyer to do any and all inspections BEFORE THE AUCTION ENDS! I have tried to describe this property the best I can, but if you still have questions or would like to go look at the house, you can contact me at any time at LSBHomes@gmail.com or telephone # (205) 201-1882. Bid with confidence and good luck! Thank you, LSB Homes, LLC