Investment Property
Hueytown Below Appraisal Deal! Priced $11,600 Below Appraisal!
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Priced $11,600 Below Appraisal!


Priced $11,600 Below Appraisal!!
HappyBrain Reccommends Offering $74,228.89!

Hueytown AL | 2/1 | $95,000 | 10.7 Deal-Score Happy-Adanced-Analytics Identified this deal & makes it easy for you to make an offer.

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What Makes this a Potentially Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Price Reduced to $95,000 (Originally $100,000)
$11,600 Below C-2 Appraisal
$7,686 Below realAppraisal
 Notes: Needs TLC
High 10.7 Deal Rating
Listed 176 Days Ago! Seller may now be motivated.


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Potential Property Metrics
Asking Price: $95,000
Reccommended Offer:$74,229
Repair Estimate: $24,959
Total Investment Estimage$99,188
Potential Value After Repairs:$136,909
Potential Profit / Discount $29,606
 

Values are estimates generated by Happy Investor advanced analytics and are not a guarantee of profits. Use these numbers as guidance while also doing your own research, research with a Realtor or other experts.

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Potential $29,605.97 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Hueytown
State: AL
Zip: 35023
First Listed: 7/28/2020
Year Built: 1934
Agent: Get Free Account To View!
Agent Phone: Get Free Account To View!
Price: $95,000.00
Online Appraised Value: $106,600.00
Original Price:$100,000.00
Beds/Baths/Sq. Feet: 2/1 | 1564
Property Notes: Needs TLC





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Property Description

You will love this historical beauty that sits on a corner lot in the heart...........
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............ of Huey town. This home has lots of 1930's character with high ceilin...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$95,000 Original asking price of $100,000. Listed on Market 176 days ago.
Your Reccommended Offer Price! (V) $75,860 Offer Price Based on ** Already being on market for 176 days. ** Price being REDUCED from original price of $100,000.** Property being an older home meaning more repairs. Built in 1934.** Comments on property indicating the seller is motivated (Needs TLC)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 176 Days on Market. (Property has been listed for 176 Days. Seller should be VERY MOTIVATED to consider a low offer.) | Original List Date: 7/28/2020
Estimated Repairs based on property age and square footage $26,272 Adjust this number based on images below! Property was built in 1934 and has 1564 Square Feet!
Total Investment$102,132Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$136,909!! $136,909 ARV Estimate was determined using a combination of the following:
* $152,544.80 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $111,930 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of 106600 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$128,794 (Hire a 1% Listing Realtor to sell home. Buyer's agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.
Potential Net Discount *$26,661 These numbers were generated by our Property Genius algorithms. Do additional due diligence by looking at comparable sales, having a real estate expert review the deal, and getting an inspection.





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