501 Valley Crest Dr #9, Birmingham, AL 35215#
Birmingham, AL 35215 | Jefferson County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 79/100 |
| Asking Price | $16,000 |
| Acreage | 1.5 acres |
| Price/Acre | $10,666/ac |
| County Median $/Ac | $22,727/ac |
| vs County Median | 46.9% |
| Days on Market | 566 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | RealtySouth Chelsea Branch |
| Listing Type | FSBA |
Motivation Signals#
- 566 days on market
- Price dropped $500
- Reduction: $500 (Mar 4)
- Absentee owner
| Field | Value |
|---|
| Owner | LQ INVESTMENTS PORTFOLIO IV LLC |
| Mailing Address | 15495 EAGLE NEST LN, MIAMI LAKES, FL 33014-2242 |
| Assessed Value | $880 |
| Market Value | $4,400 |
| Annual Tax | $64 (2024) |
| Last Sale | $125,000 (2022-06-08) |
| Parcel # | 13-00-27-1-002-025.000 |
| Zoning | VACANT LAND |
| Legal | LOT 9 BLK 8 EASTBROOK 1ST SECT 120/2 AM 122/59 |
Asking/Assessed Ratio: 18.18 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $8,000 | 50% |
| Standard | $9,600 | 60% |
| Conservative | $11,200 | 70% |
Owner-Finance Projections#
Based on buying at $9,600 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $24,000 |
| Down Payment (15%) | $3,600 |
| Financed Amount | $20,400 |
| Monthly Payment | $338 |
| Total Cash Received | $32,047 |
| Total Invested | $10,000 |
| Gross Profit | $22,047 |
| ROI | 220% |
Due Diligence Links#