home in Birmingham, AL
This home in Birmingham, AL offers 3 bedrooms and 2 bathrooms across 1,640 square feet.
| Price | $334,600 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1640 |
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| Address | 1008 Castlemaine Way, Birmingham, AL 35226 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- New to market (5 days), so expect competition.
- The asking price has already been cut about 1%, a sign the seller is motivated.
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 $2,071/month with 20% down at a 7.28% 30-year fixed rate. You would need about $88,770 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,831/mo |
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| Property tax (new-buyer reassessed rate) | $114/mo |
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| Homeowners insurance | $125/mo |
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| Total monthly | $2,071/mo |
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| Down payment (20%) | $66,920 |
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| Income needed | $88,770/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (55 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- (55/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $135,782 |
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| Range (10th to 90th pct) | $76,422 to $210,338 |
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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 Trulia