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4537 40th Pl N, Birmingham, AL, 35217

2beds
1baths
728sqft
$59,900
$82price/sqft
$700/moest. monthly cost
$28,000/yrincome needed

About This Home

GREAT INVESTMENT PROPERTY!!! Nice 2-bedroom 1 bath property in great condition!!

Getting Around

47
WalkingCar-Dependent
19
TransitMinimal Transit
15
BikeSomewhat Bikeable

Schools

7/10
Inglenook SchoolGrades PK-80.3 mi

Construction

Condition

  • Year built: 1948

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Closet,Yes

Basement

  • Area: 0

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None,Tub/Shower Combo
  • Flooring: Hardwood,Laminate
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 728

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 728 sqft

Kitchen

  • Features: Laminate Counters
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 2300083003031.003
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: None
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: Off Street,On Street
  • 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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning

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 $302$3,624
Home Insurance *$130$1,560
Property Taxes $28$336
Electricity $240$2,881
Total$700$8,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,000/yr
40% on housing$21,000/yr
45% on housing$18,666/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$82This listing

vs Other Active Listings

Avg $/sqft

ZIP 35217$47
Jefferson County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 35217$71
Jefferson County$136

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)

Price History

DateEventPrice
2026-03-09Listed for sale$59,900
2026-02-12Listing removed$750
2026-02-06Listed for rent$750
2026-02-05Listing removed$750
2025-10-06Price change$750
2025-05-08Listed for rent$825
2025-02-20Listing removed$825
2025-02-07Listed for rent$825
2020-06-23Listing removed$24,900
2020-06-23Listed for sale$24,900
2020-06-12Sold$20,000
2020-05-25Pending sale$24,900
2020-05-02Listed for sale$29,900
2012-11-02Sold$14,999

For Sale by Agent

AgentPatricia Stillwell Murphy
BrokerageTMI Real Estate

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