Ranch home in HOMEWOOD, AL
This 2,440-square-foot Ranch home in HOMEWOOD, AL includes 4 bedrooms and 3.5 bathrooms. Notable features include a deck / patio. The Ranch styling carries through the home's design.
| Price | $499,000 |
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| Beds | 4 |
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| Baths | 3.5 |
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| Sqft | 2440 |
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| Architectural style | Ranch (47% match) |
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| Address | 1624 BARRY AVENUE, HOMEWOOD, AL 35209 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $499K, this home is 177% above the $180K median for 455 similar Ranch homes in Birmingham, AL.
- That works out to $205 per square foot, 81% above the $113 comparable rate.
- New to market (1 day), so expect competition.
| This home | $499,000 |
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| Ranch median in Birmingham, AL | $179,900 (455 homes) |
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| Price per sq ft | $205 vs. $113 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 $3,089/month with 20% down at a 7.28% 30-year fixed rate. You would need about $132,385 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,731/mo |
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| Property tax (new-buyer reassessed rate) | $170/mo |
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| Homeowners insurance | $187/mo |
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| Total monthly | $3,089/mo |
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| Down payment (20%) | $99,800 |
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| Income needed | $132,385/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 B- (66 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 | B- (66/100) |
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| Beats renting in | 20% of modeled paths |
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| Modeled 5-yr equity (median) | $248,279 |
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| Range (10th to 90th pct) | $149,813 to $366,529 |
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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 Estately