Industrial / Loft home in 1801 2nd Ave N #305 Birmingham, AL
Set in Birmingham, AL, this Industrial condo provides 2 bedrooms and 2 bathrooms across 1,547 square feet. The Industrial styling carries through the home's design.
| Price | $525,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1547 |
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| Architectural style | Industrial / Loft (82% match) |
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| Address | 1801 2nd Ave N #305 Birmingham, AL 35203 |
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Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $525K, this home is 51% above the $347K median for 14 similar Industrial / Loft homes in Birmingham, AL.
- That works out to $339 per square foot, 4% above the $325 comparable rate.
- On the market 51 days, longer than usual here, so the seller may be open to offers.
| This home | $525,000 |
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| Industrial / Loft median in Birmingham, AL | $347,000 (14 homes) |
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| Price per sq ft | $339 vs. $325 comps median |
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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 $3,250/month with 20% down at a 7.28% 30-year fixed rate. You would need about $139,283 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,874/mo |
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| Property tax (new-buyer reassessed rate) | $179/mo |
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| Homeowners insurance | $197/mo |
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| Total monthly | $3,250/mo |
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| Down payment (20%) | $105,000 |
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| Income needed | $139,283/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+ (64 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+ (64/100) |
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| Beats renting in | 18% of modeled paths |
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| Modeled 5-yr equity (median) | $246,359 |
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| Range (10th to 90th pct) | $150,280 to $365,195 |
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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 Movoto