9 days on rocket

2315 Chestnut St, Montgomery, AL, 36107

$49,900

Home List Price

$593*

Closing Credit

2 Bedrooms
1 Full Bath
776 SqFt
$64/SqFt
House

Location

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2315 Chestnut St, Montgomery$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1955
HeatingCentral, Natural Gas
CoolingWindow Unit(s)
MLS #566832
Lot Size0.17 Acres
StatusActive

About 2315 Chestnut St

This 2 bedroom, 1 bath home is perfect for investors looking for a property with immediate income. Whether you're looking to add to your rental portfolio or start your investment journey, this property is a fantastic opportunity with built-in rental income. Rental income is currently $850 per month on Section 8 which equates to $10,200 per year.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1955
  • Stories: 1
  • Living Area: 776 SqFt

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Porch, Patio

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Trees
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Highland Ave: turn onto Ryan Street towards Interstate: turn right onto Chestnut: house on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $191
  • 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

2315 Chestnut St vs Montgomery

9 DAYS ON ROCKET

-65 Days

$49,900

-$130.1K Less

$64/SqFt

-$39 Less

KEY TAKEAWAY

This property is $130.1K less than the Median Sold Price and $39/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: #566832

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

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

Tax History

YEARPROP. TAXASSESSMENT
2020$191$5,120
2019$189$5,180
2018$187$5,120
2017$211$5,780

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-108853
1
/10

  • Highland Avenue Elementary School

  • 2024 Highland Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-108854
10
/10

  • Forest Avenue Elementary School

  • 1700 W 5th St

  • 0.62 miles

  • Public Magnet Grades KG-5

school-card-donut-108855
3
/10

  • Flowers Elementary School

  • 3510 Harrison Rd

  • 1.55 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 $33,764. Residents of Montgomery, AL typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2315 Chestnut St

What is the listing price of this property?

The listing price of 2315 Chestnut St property is $49,900.

What type of property is this?

The property 2315 Chestnut St is a house located in Montgomery, Alabama, 36107.

Is this property for sale now?

Active Listing: 2315 Chestnut St 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 $191 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2315 Chestnut St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2315 Chestnut St is 776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2315 Chestnut St is 1955.

Rocket Homes›Alabama›Montgomery County›Montgomery›36107›2315 Chestnut St

This home is located at 2315 Chestnut St in Montgomery, AL and zip code 36107 in the Highland Park neighborhood. This 776 square foot home, which was built in 1955, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $49,900.

In November 2024 more than 23 listings in Montgomery, AL were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 95 were sold below. Between October 2024 and November 2024, Montgomery, AL real estate market has seen decrease in the number of listings by 0.2%. While the average time on the market in November 2024 was 74 days, the median list price was $180,000.

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

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