5000 Terrace M Birmingham AL 35208

$7,950.00 USD (87 Bids)
Closed: 

(Apr 15, 2026 08:18 PM UTC)

$100.00 USD

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Sales/Lot Type:

Online Auction

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Buyer Must Arrange. See details.

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VISITORS: 151

Sold Amount

USD 8,943.75

Total Price

USD 8,943.75

High Bidder

aa*****

Seller

50 East LLC - Real Estate Remarketing, OH

Account Type

Commercial

Seller's Terms & Conditions

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Seller's Other Items

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Description

Offered for sale is a single-family residential property located at 5000 Terrace M, Birmingham, Alabama 35208. According to the attached property report, the home contains approximately 1,592 square feet and was originally built in 1935. The property is situated on approximately 0.17 acres and includes 3 bedrooms, 1 bathroom, 1 story, and 6 rooms. The legal description is listed as Lot 6, Block 7, Ivanhoe. 

This property presents a practical value-add opportunity for investors, rehab buyers, rental operators, or owner-occupants looking for a project in the Birmingham market. Public record data in the report identifies the property as vacant, which may make it attractive for renovation planning, repair work, or repositioning. The home offers a straightforward residential layout and a manageable lot size, making it a suitable candidate for rehab, resale, or long-term hold strategy. 

Additional report details identify the property as a Single Family Residence with an estimated value of $106,000, an estimated after-repair value of $76,000, and an estimated market rent of $1,100 per month. Comparable sales and rental data shown in the report reflect active residential investment activity in the surrounding area, supporting buyer interest in properties of similar size and type. All values, rents, and projections should be independently verified by bidders. 

The report further notes that the property is in a residential land use classification, with approximately 7,000 square feet of lot area, and zoning references that should be verified independently by the buyer. The surrounding neighborhood and comparable data suggest potential for a buyer seeking an entry-level investment property with renovation upside in an established Birmingham area. 

This property is well suited for buyers looking for a fix-and-flip, rental investment, or affordable residential redevelopment opportunity. With its existing bedroom count, conventional single-story layout, and vacant status, the property offers a clear path for a buyer ready to complete due diligence and improvements. 

Property is being sold as-is, where-is, with no warranties or guarantees expressed or implied. Buyer is responsible for independently verifying property condition, access, occupancy status, title matters, square footage, lot size, zoning, flood zone status, utility availability, and suitability for intended use prior to bidding

Seller Information

Seller:

50 East LLC - Real Estate Remarketing, OH

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Account Type:

Commercial

Inspection

All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence.

It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property. Buyers do so at their own risk.

Payment

PAYMENT

Full payment for the asset is due within 24 hours (1 business day) from the winning of the bid. Accepted forms of payment include U.S. currency, certified cashier’s check, wire transfer, or credit card. Payment will be made directly to the seller.

Removal

***SELLER TO PREPARE DEED DIRECTLY***

Upon receipt of the payment by Govdeals, the seller will utilize the buyer's name and address information on the certificate to prepare the quit claim deed paperwork. Subsequently, the seller will submit the quit claim deed to the county for recording and send copies to the buyer. It remains the seller's responsibility to ensure the deed is recorded with the county.

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Special Instructions

NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Bid History

Bid History refreshes automatically

Asset ID 88 / Bids 87

aa*****

April 15, 2026 08:14 PM UTC

USD 7,950.00High Bidder

vi*****

April 15, 2026 08:14 PM UTC

USD 7,850.00

aa*****

April 15, 2026 08:14 PM UTC

USD 7,800.00

vi*****

April 15, 2026 08:11 PM UTC

USD 7,600.00

aa*****

April 15, 2026 08:08 PM UTC

USD 7,500.00

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