2 months on rocket

1615 Forest Ave, Montgomery, AL, 36106

$229,700

Home List Price

$2,728*

Closing Credit

3 Bedrooms
2 Full Baths
1,800 SqFt
$128/SqFt
House

Location

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1615 Forest Ave, Montgomery$229,700

Buyer Closing Credits

$2,728*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1930
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #565525
Lot Size0.22 Acres
StatusActive

About 1615 Forest Ave

***Investors*** Income-Producing Gem conveniently located near downtown with Maxwell and Gunter AFB, EJI National Memorial and Legacy Museums, ASU and Huntingdon Colleges, Civil Rights and Confederate sites, Montgomery Riverwalk and Biscuits Baseball stadium. Zoned for Commercial with Multi-Use Potential! Located just off I-85, this property is currently a Thriving Short-Term Rental as an Airbnb and Furnished Finder rental. Property Features:**Income Producing: Proven track record with short-term rentals, generating steady income. **Current Use: Multi-Unit Configuration. Studio: Spacious living/sleeping area with newly updated bathroom and hotel-style kitchenette. Two-Bedroom Unit: One bathroom, spacious living room, formal dining room, and fully equipped kitchen. **Zoned for Commercial: Flexible zoning accommodates numerous business opportunities. Transform into a chic cafe or salon/spa. Ideal for professional offices, such as attorney, therapist, or insurance agency. Flexible Layout available with 5 spacious rooms ideal for offices or other uses to fit your specific business needs. Potential for 14 parking spaces with convenient alley access. **Completely Renovated with Modern Upgrades: New Roof (2023) Updated Electrical System (2022) New HVAC (2022) Updated Plumbing (2022) Retains several charming original features, including beautiful hardwood floors and custom-designed 10ft tall ceilings with new light fixtures. Whether you're an investor looking for a profitable rental property or a business owner seeking the perfect space, this property offers endless possibilities. Schedule a viewing today to see firsthand the potential this property holds!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: We Shine Realty Experts, LLC.
  • Office Phone: (334) 523-1600
  • Listing Agent: LaTarsha Shine

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Take I-85 South, take exit 2 onto Mulberry St. Left on Mulberry St., Right onto W. Second St., Left onto Forest Ave., Property on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,700
  • Price Per SqFt: $128/SqFt

Tax Information:

  • Annual Amount: $162
  • 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

$180K

Med. Price/SqFt

$103

Avg. Days On Market

74

# of Sold Homes

168

1615 Forest Ave vs Montgomery

63 DAYS ON ROCKET

-11 Days

$229,700

+$49.7K More

$128/SqFt

+$25 More

KEY TAKEAWAY

This property is $49.7K more than the Median Sold Price and $25/SqFt more than other homes in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #565525

Listing Office:

  • Office Name: We Shine Realty Experts, LLC.
  • Office Phone: (334) 523-1600
  • Listing Agent: LaTarsha Shine

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: 12/18/2024, 10:20:52 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 12, 2016Home Sold
$67,000
Dec 03, 2010Home Sold
$90,000
Dec 28, 2009Home Sold
$30,000
Jun 01, 2009Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$162$8,300
2019$181$4,980
2018$182$4,980
2017$378$10,360

History based on county public records data.

Payment Calculator

$1,214

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$755

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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.

Nearby Schools

school-card-donut-108732
10
/10

  • Forest Avenue Elementary School

  • 1700 W 5th St

  • 0.15 miles

  • Public Magnet Grades KG-5

school-card-donut-108733
1
/10

  • Highland Avenue Elementary School

  • 2024 Highland Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-108734
3
/10

  • Nixon Elementary School

  • 1000 Edgar D Nixon Ave

  • 1.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,083. Most Montgomery, AL residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Montgomery, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Montgomery, AL?

Montgomery's housing market offers a diverse array of options, with single-family homes being particularly prevalent. Architectural styles in the area range from historic antebellum homes to contemporary constructions, reflecting the city's rich history and modern growth. The market is characterized by a mix of older homes dating back to the early 20th century, alongside newer developments that have expanded the city's residential landscape. The homeownership rate in Montgomery is robust, with a significant portion of residents investing in their own homes, while a competitive rental market caters to those preferring to rent.

Is Montgomery, AL a good place to live?

Montgomery prides itself on its deep historical roots and vibrant cultural scene. The city is celebrated for its significant role in the civil rights movement, with landmarks and museums commemorating this pivotal period in American history. The community enjoys a variety of annual events and festivals that showcase local arts, music, and cuisine, contributing to a strong sense of identity and pride among residents.

Are things conveniently located in Montgomery, AL?

The community is served by a comprehensive network of services, including numerous public and private schools that offer a range of educational programs. Montgomery is home to several higher education institutions, adding to the educational depth of the city. Healthcare is well-facilitated, with major hospitals providing a spectrum of services from emergency care to specialized treatments. The city's public library system is extensive, supporting lifelong learning and community engagement. Retail and dining options abound, with an emphasis on local flavors and products, reflecting the city's Southern charm and culinary heritage.

What does the transportation in Montgomery, AL look like?

Montgomery's transportation infrastructure supports both private and public transit options. The city's bus system, known as The M, operates across multiple routes, facilitating access to key areas within the city. Ride-sharing services are readily available, providing convenient alternatives to traditional transit. While the city is designed to accommodate vehicle traffic, efforts have been made to improve walkability in certain districts, particularly in the downtown area. Major highways, such as Interstate 65 and Interstate 85, intersect in Montgomery, making it a hub for regional travel and commerce.

Frequently Asked Questions About 1615 Forest Ave

What is the listing price of this property?

The listing price of 1615 Forest Ave property is $229,700.

What type of property is this?

The property 1615 Forest Ave is a house located in Montgomery, Alabama, 36106.

Is this property for sale now?

Active Listing: 1615 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $162 (source: MLS/based on county public records data).

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

The last sale was on May 12, 2016 for $67,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1615 Forest Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1615 Forest Ave is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1615 Forest Ave is 1930.

Rocket Homes›Alabama›Montgomery County›Montgomery›36106›1615 Forest Ave

This home is located at 1615 Forest Ave in Montgomery, AL and zip code 36106. This 1,800 square foot home, which was built in 1930, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $229,700.

Over 23 listings were sold over their listed price in November 2024 in Montgomery, AL. In the same period over 95 listings were sold below the listed price and 50 listings were sold for the listed price. Between October 2024 and November 2024, Montgomery, AL real estate market has seen decrease in the number of listings by 0.2%. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $180,000.

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

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