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Light rehab

Light-Rehab Acreage Home

Pinson, AL

$155,000After-repair value · $215,000
Beds2
Baths2
Living area1,857 ft²

A light-rehab single-family opportunity with a $215,000 after-repair value and strong nearby comparable support. The property already has several major updates in place—including newer electrical, windows, walls, and plumbing—so the investment thesis centers on completing minor finishes rather than taking on a full renovation. The Numbers: ARV: $215,000, providing a clear benchmark for the finished asset’s value. Repairs: Estimated at $5,000–$7,000, focused primarily on minor work and finishing one room. $191,000–$250,000, supporting the valuation range and upside potential. Minimum EMD: $4,000. Property Details: 2 bedrooms, 2 baths, and 1,857 square feet offer a manageable footprint with useful living space for resale or rental positioning. The approximately 2-acre lot adds meaningful land value and flexibility compared with typical small-lot inventory. The home is reported to be in good overall condition and occupied, with no known foundation issues. Central air, a roof approximately 5–10 years old, newer plumbing, electrical improvements, and updated windows reduce the likelihood of major capital-system surprises. A driveway and reported 2-car garage add practical parking value. Comp Support: Four nearby sales closed between $191,000 and $250,000, including two sales above $214,000. Together, the comps provide support for the stated ARV, while the limited repair scope creates an efficient path to the finished value. Nearby Comparable Sales 5549 Balboa Ct, Pinson, AL 35126 — Sold for $250,000 5422 Balboa Cir, Pinson, AL 35126 — Sold for $214,500 5540 Balboa Ct, Pinson, AL 35126 — Sold for $192,700 5544 Balboa Cir, Pinson, AL 35126 — Sold for $191,000