4 months on rocket

3394 Southmont Dr, Montgomery, AL, 36105

$288,000

Home List Price

$3,420*

Closing Credit

0 Baths
House

Location

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3394 Southmont Dr, Montgomery$288,000

Buyer Closing Credits

$3,420*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1948
MLS #560062
StatusActive

About 3394 Southmont Dr

Welcome to this 4-plex apartment building, a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom which should bring in approximately $50K in rents per year. This property is perfect for investors looking for a rare opportunity to own a 4 plex and could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Fully vacant and ready for occupancy providing the flexibility to select your own tenants. Property can be shown easily because all units are vacant.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1948
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Laminate, Vinyl, Wood
  • Interior: Living/Dining Room

Lot Features

Lot Information:

  • Lot: City Lot

Other

Directions Information:

  • Directions: Head west on E. S blvd. Turn right at Norman Bridge Road. Continue for 1.2 miles and turn on E. Edgemont. Turn right onto Southmont.

Price Information

Listing Price Info

Price Summary:

  • List Price: $288,000

Tax Information:

  • Annual Amount: $386
  • 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

3394 Southmont Dr vs Montgomery

149 DAYS ON ROCKET

+75 Days

$288,000

+$108K More

KEY TAKEAWAY

This property is $108K more than the Median Sold Price in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #560062

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: 12/19/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$386$10,080
2019$367$10,080
2018$368$10,080
2017$388$10,640

History based on county public records data.

Payment Calculator

$1,505

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$930

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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-139471
1
/10

  • Davis Elementary School

  • 3605 Rosa Parks Dr

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-139472
3
/10

  • Nixon Elementary School

  • 1000 Edgar D Nixon Ave

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-139473
10
/10

  • Forest Avenue Elementary School

  • 1700 W 5th St

  • 1.58 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,677. The majority of Montgomery, AL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3394 Southmont Dr

What is the listing price of this property?

The listing price of 3394 Southmont Dr property is $288,000.

What type of property is this?

The property 3394 Southmont Dr is a house located in Montgomery, Alabama, 36105.

Is this property for sale now?

Active Listing: 3394 Southmont Dr 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 $386 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3394 Southmont Dr is 1948.

Rocket Homes›Alabama›Montgomery County›Montgomery›36105›3394 Southmont Dr

This home is located at 3394 Southmont Dr in Montgomery, AL and zip code 36105 in the South Hull neighborhood. This home was built in 1948. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $288,000.

While more than 23 listings in Montgomery, AL in November 2024 were sold above asking price, there were more than 50 listings sold at asking price, and more than 95 were sold below. The inventory of homes for sale in Montgomery, AL between October 2024 and November 2024 decreased 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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