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2507 Palmetto St, Montgomery, AL, 36107

$70,000

Home List Price

$831*

Closing Credit

3 Bedrooms
1 Full Bath
1,430 SqFt
$49/SqFt
House

Location

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2507 Palmetto St, Montgomery$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1940
CoolingCentral Air, Electric
MLS #565761
Lot Size0.20 Acres
StatusActive

About 2507 Palmetto St

Looking for a property that can give you a good rental market return? Check out this cozy 3-bedroom, 1-bathroom house with a low piers foundation and hardwood flooring. The house has a wood exterior and sits on a 0.2-acre lot. It was built in 1940 and has a single-story layout with 1430 square feet of living space. The house is perfect for someone who wants to flip it or rent it out. It’s spacious enough. The bathroom is easily accessible and the hardwood floors add charm. This property is a great investment opportunity

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,430 SqFt

Listing Office:

  • Office Name: Garth Realty Group, LLC.
  • Office Phone: (334) 593-0489
  • Listing Agent: Coby Savage

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Head northwest on Exit 3, Keep right at the fork and merge onto Ann St, Pass by Hardee's (on the left in 0.2 mi),Turn left onto Highland Ave, Turn right onto S Panama St, Turn left onto Palmetto St Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $49/SqFt

Tax Information:

  • Annual Amount: $321
  • 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

2507 Palmetto St vs Montgomery

55 DAYS ON ROCKET

-19 Days

$70,000

-$110K Less

$49/SqFt

-$54 Less

KEY TAKEAWAY

This property is $110K less than the Median Sold Price and $54/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: #565761

Listing Office:

  • Office Name: Garth Realty Group, LLC.
  • Office Phone: (334) 593-0489
  • Listing Agent: Coby Savage

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: 12/19/2024, 1:20:54 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 09, 2013Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2020$321$8,600
2019$319$8,740
2018$314$8,600
2017$338$9,260

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-140137
1
/10

  • Highland Avenue Elementary School

  • 2024 Highland Ave

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-140138
10
/10

  • Forest Avenue Elementary School

  • 1700 W 5th St

  • 1.08 miles

  • Public Magnet Grades KG-5

school-card-donut-140139
1
/10

  • Morningview Elementary School

  • 2849 Pelzer Ave

  • 1.19 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 $27,897. The majority of Montgomery, AL residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2507 Palmetto St

What is the listing price of this property?

The listing price of 2507 Palmetto St property is $70,000.

What type of property is this?

The property 2507 Palmetto St is a house located in Montgomery, Alabama, 36107.

Is this property for sale now?

Active Listing: 2507 Palmetto 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 $321 (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 9, 2013 for $16,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2507 Palmetto St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2507 Palmetto St is 1,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2507 Palmetto St is 1940.

Rocket Homes›Alabama›Montgomery County›Montgomery›36107›2507 Palmetto St

This home is located at 2507 Palmetto St in Montgomery, AL and zip code 36107 in the Highland Park neighborhood. This 1,430 square foot home, which was built in 1940, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $70,000.

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. The inventory of homes for sale in Montgomery, AL between October 2024 and November 2024 decreased by 0.2%. In November 2024 median list price was $180,000 and the average listing age was 74 days.

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

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