home in BIRMINGHAM, AL
Set in BIRMINGHAM, AL, this home provides 3 bedrooms and 2.5 bathrooms across 1,546 square feet. The listing highlights vaulted / high ceilings and walk-in closet.
| Price | $549,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2.5 |
|---|
| Sqft | 1546 |
|---|
| Address | 1202 CONCORD AVENUE, BIRMINGHAM, AL 35213 |
|---|
Why buy this home
- Features: vaulted / high ceilings, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced in line with the area.
- New to market (5 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,399/month with 20% down at a 7.28% 30-year fixed rate. You would need about $145,650 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,005/mo |
|---|
| Property tax (new-buyer reassessed rate) | $188/mo |
|---|
| Homeowners insurance | $206/mo |
|---|
| Total monthly | $3,399/mo |
|---|
| Down payment (20%) | $109,800 |
|---|
| Income needed | $145,650/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (60 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (60/100) |
|---|
| Beats renting in | 12% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $247,546 |
|---|
| Range (10th to 90th pct) | $142,660 to $371,974 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Birmingham, AL where local data is thin.
Local home values
Typical home values in Birmingham, AL have risen about 16% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately