1488 Tomahawk Rd Birmingham, AL 35214

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3 beds · 2 baths · 2,267 sq ft · Lot Size: 15,300 sq ft · Single Family Home
Est. Property Value: $165,518

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1488 Tomahawk Rd is in the 35214 neighborhood of Birmingham, AL. It is located in Jefferson County and ZIP code 35214. This Single Family Home was built in 1965 and is approximately 60 years old. The single family home spans 2267 sq ft with 3 bedrooms and 2 bathrooms and sits on a 15300 sq ft lot. According to public records, it was last sold in 2002 for $66,000 and has a tax-assessed value of $194,700, which is $73 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1488 Tomahawk Rd Birmingham, AL 35214 with Property Intel by Whitepages.

1488 Tomahawk Rd

Birmingham, AL 35214

Owner Info

Owners & Occupancy for 1488 Tomahawk Rd

This property is owned by Lynnette T Holloman. Owner contact information includes 4 phone numbers.

Property Owners

Cell Phone(205) ***-****View Cell Phone
Residence**************
Landline(205) 798-6893
Distance from Property**********

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 33
Resident 2***************** age 58
Resident 3******************* age 55
Resident 4************ age 37

Property Financials for 1488 Tomahawk Rd

1488 Tomahawk Rd, Birmingham, AL has a mortgage from Integra Mtg Co (orig. April 04, 2013). The Jefferson county assessment for 2023 values it at $194,700, with annual taxes of $923.

Mortgage & Equity Information

Loan Amount$******
LenderIntegra Mtg Co
Origination DateApril 04, 2013
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateJune 03, 2002
Property Tax Amount$923 in 2023
Purchase Price$66,000
Assessed Value$194,700 on 2023

Investment Potential for 1488 Tomahawk Rd

The property has a current estimated value of $165,518, which is 44% above the zip median, based on public records. It last sold on June 03, 2002 for $66K. Projected long-term
is $18,000 annually ($1,500 per month) with a 85% occupancy rate.

Discover more Single Family Homes in 35214.

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
85%in 35214 zip code
 
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Property Details for 1488 Tomahawk Rd

Property Details

Property Sq Ft

Living Area

2,267 sq ft

49% above market

Lot Size

15,300 sq ft

1% below market

Price Per Sq Ft

Living Area

$73 / sq ft

2% above market

Lot Size Area

$11 / sq ft

42% above market

Property condition, age, exterior, etc. for 1488 Tomah…
Longitude: -86.890668 Latitude: 33.567842 Parcel Number (APN): 22-00-07-4-015-010.000…

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Market Benchmarks

Compare data for 1488 Tomahawk Rd in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$165,518
$186,811
-$21,293 (-11%)
YoY Price Change
Year Built
1965
1980
-15 years
Living Space
2,267 sq ft
1,596 sq ft
671 (42%)
$ Per Living Sq Ft
$73
$113
-$40 (-35%)
Lot Size
15,300 sq ft
15,000 sq ft
300 (2%)
$ Per Lot Sq Ft
$11
$11
$0 (-4%)

Net Operating Income
$15,505
-$2,046 (-13%)
Annual Revenue
$18,000
$21,000
-$3,000 (-14%)
$4,637
-$96 (-2%)
Net Operating Income
$15,505
-$2,046 (-13%)
Cap Rate
8.26%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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