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11195 Grist Mill Rd, Childersburg, AL, 35044

3beds
1baths
999sqft
$54,500
$55price/sqft
$645/moest. monthly cost
$25,800/yrincome needed

About This Home

3-Bedroom, 1-Bath Investment Property Offering Strong Potential For Investors Or Buyers Seeking A Value-Add Opportunity. Ideal For Renovation, Rental Income, Or Portfolio Expansion. Property Offers Great Potential With The Right Updates And Improvements. Conveniently Located In A Great Neighborhood, Easy Access To Local Amenities, Schools, And Major Roadways. Being Sold As-Is

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
3/10
Childersburg High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Slab
  • Construction materials: 1 Side Brick,2 Sides Brick,3 Sides Brick,Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove-Electric,Electric Water Heater
  • Laundry features: None

Basement

  • Area: 0

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: First

Features

  • None,Tub/Shower Combo
  • Flooring: Vinyl
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 999

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 999 sqft

Kitchen

  • Level: First

Property

Details

  • Parcel number: 2205164000035.000
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $275$3,300
Home Insurance *$53$636
Property Taxes $77$924
Electricity $240$2,881
Total$645$7,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,114/yr
40% on housing$19,350/yr
45% on housing$17,200/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$55This listing

vs Other Active Listings

Avg $/sqft

ZIP 35044$90
Talladega County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 35044$121
Talladega County$128

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Contingent$54,500
2026-05-01Price change$54,500
2026-04-09Listed for sale$69,000
2026-04-08Pending sale$69,000
2026-04-08Listed for sale$69,000
2026-04-03Pending sale$69,000
2026-04-02Listed for sale$69,000

For Sale by Agent

AgentDre Smith
BrokerageArea Real Estate Inc.

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