Paper Rich in Jefferson County, AL
Long held, worth twice what was paid, owner lives elsewhere. A lot of paper equity and no one living there: the cost of holding is easier to see than the gain. Equity is a rough comparison of county value to the last sale, not an appraisal and not a mortgage balance.
Every layer has to be true
- Owned for 15 years or more
- County value is at least 2x the last sale price
- The owner's mailing address is not the property
A property is counted only when all 3 are true at once.
The Jefferson County stack in numbers
- Median county value
- $170,000
- Median years owned
- 22
- Owner lives elsewhere
- 100%
- Average tax owed
- $600
- Score 9 or 10
- 0%
Top ZIP codes: 35126 PINSON (2).
Reading this number
Owned 15 years or more, value at least 2x the last sale price, owner does not live there.
Equity is a rough comparison of county value to the last sale, not an appraisal and not a mortgage balance. Government, bank, builder and church owners are left out. Owner names, mailing addresses and house numbers are inside the app.
Other stacks
- Ghost Owner159
A death on record, an empty-looking house, tax unpaid.
- 3 signals stacked
- Last Straw3,904
Two years behind on tax and a lien or foreclosure case on top.
- 2 signals stacked
- Empty and Owing991
Looks empty, owner lives elsewhere, tax unpaid.
- 3 signals stacked
Questions
What is the Paper Rich stack?
Owned 15 years or more, value at least 2x the last sale price, owner does not live there. It is a fixed recipe of 3 signals taken from county records; a property is in the stack only when every one is true.
How many Paper Rich properties are in Jefferson County, AL?
2 properties today. The count is refreshed every week, and government, bank, builder and church owners are left out.
Does Paper Rich mean the owner wants to sell?
No. Equity is a rough comparison of county value to the last sale, not an appraisal and not a mortgage balance. It is a way to find properties where several records point the same way: a strong reason to reach out first.
Every Jefferson County Paper Rich property, with the reasons.
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