Mortgage of $350/mo. Property is offered as-is. Occupant makes all repairs and is responsible for all utilities. The property needs cleaning and repairs. If you rent for 15 years, you will own the property. These pictures are from several years back when the home was cleaned up. The last tenant left it in rough shape. However, with some skill and TLC, it could be a great home with low rent.
Repairs that we noticed on walk-thru (by no means is this a complete list or do we warrant the condition of anything)
-Old floor furnace that may/may not work. No central heat/air.
-New flooring is needed throughout.
-There are holes in the subflooring in a couple of places
-Cleaning and painting....lead paint tests positive so you must comply with guidelines.
Requirements:
-No landlord liens or evictions
-At least one verifiable source of rental history.
-No criminal history
-Verification of income
-Credit check - no score requirement. Will verify your income vs your payment obligations
-Experience doing maintenance and repairs on homes
Rent to own. As-is. Tenant is responsible for all repairs.
Sold for $30,690
$30,690
5516 Margaret Ave, Birmingham, AL 35221
2beds
1baths
1,300sqft
SingleFamily
Built in 1900
0.27 Acres Lot
$31,500 Zestimate®
$24/sqft
$919 Estimated rent
Home value
$31,500
$29,000 - $34,000
$919/mo
Zestimate® history
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$919/mo
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$919/mo
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$145/mo
Est. payment
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$145/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 0.27 Acres
Details
- Parcel number: 3000253029007000
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
- Foundation: Wood
- Roof: Asphalt
Condition
- Year built: 1900
Community & HOA
Location
- Region: Birmingham
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $48,500
- Annual tax amount: $653
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2025 | Sold | $30,690-48.9%$24/sqft |
Source: Public Record Report a problem | ||
| 3/9/2018 | Listing removed | $350 |
Source: Zillow Rental Manager Report a problem | ||
| 1/29/2018 | Listed for rent | $350 |
Source: Zillow Rental Manager Report a problem | ||
| 3/17/2008 | Sold | $60,000+11900%$46/sqft |
Source: Public Record Report a problem | ||
| 3/13/2006 | Sold | $500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $653 +6.9% | $9,000 +6.9% |
| 2024 | $610 | $8,420 |
| 2023 | $610 +23.5% | $8,420 +23.5% |
| 2022 | $494 | $6,820 |
| 2021 | $494 +0.6% | $6,820 |
| 2020 | $492 -33.7% | $6,820 -33.3% |
| 2019 | $741 +15.3% | $10,220 +15.3% |
| 2018 | $642 | $8,860 |
| 2017 | $642 | $8,860 |
| 2016 | $642 | $8,860 |
| 2015 | $642 +5.7% | $8,860 +1.4% |
| 2014 | $607 | $8,740 |
| 2013 | $607 | $8,740 |
| 2012 | $607 +28.5% | $8,740 +28.5% |
| 2004 | $473 +4.3% | $6,800 +4.3% |
| 2003 | $453 | $6,520 |
Find assessor info on the county website
Neighborhood: West Brownville
Nearby homes
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- $4,0003 bd2 ba1.2k sqft5512 Jefferson Ave SW, Birmingham, AL 35221Sold
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- $2,6005,460 Square Feet5477 Park Ave SW, Birmingham, AL 35221Off Market
Nearby schools
GreatSchools rating
- 7/10Oxmoor K-5Grades: PK-5Distance: 2.3 mi
- 2/10Jones Valley Middle SchoolGrades: 6-8Distance: 2.6 mi
- 1/10Wenonah High SchoolGrades: 9-12Distance: 1.9 mi
- Alabama
- Jefferson County
- Birmingham
- 35221
- West Brownville
- 5516 Margaret Ave