NOT LISTED FOR SALE

1023 Lake View Ln NW Arab, AL 35016

Estimated Value: $404,000 - $415,000

5 Beds
3.5 Baths
2,800 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $350,000 $125 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,258/month

12 Days on Market

Highlights

  • Boat Ramp
  • Waterfront
  • Views
  • Arab Primary School Rated 10
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of May 2022

GREAT HOME IN PINE LAKE VILLAGE ON THE WATER. 5 BEDROOM HOME WITH 3.5 BATH. LARGE LIVING ROOM WITH LVP FLOORING, GAS LOG FIREPLACE, EAT IN KITCHEN, BREAKFAST ROOM AND DINING. APARTMENT SUITE DOWNSTAIRS WITH 2 BEDROOM SMALL KITCHENETTE AND DEN. STORM SHELTER AND WORKSHOP AREA IN WALK OUT BASEMENT. OUTDOOR FIREPLACE, BOAT RAMP, WORKSHOP, BLOCK SEAWALL. ROOF 2016 AND HVAC 2012 ACCORDING TO SELLER.

Last Agent to Sell the Property

Al Weaver

RE/MAX Unlimited License #82326 Listed on: 03/16/2022

RE/MAX Unlimited

Co-Listed By

Lachun Weaver

RE/MAX Unlimited License #052962

Last Buyer's Agent

Brenda King GRI, MRP

Re/Max Heritage License #97861

Re/Max Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 140 x 197 x 171.2 x 49051 x 92
  • Waterfront

Parking

  • No Garage

Interior Spaces

  • 2,800 Sq Ft Home
  • Gas Log Fireplace
  • Basement
  • Crawl Space
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Boat Ramp

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Pine Lake Village Association, Phone Number (817) 475-4423
  • Pine Lake Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 1301120000013.079

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Living Area: 2800
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 140 x 197 x 171.2 x 49051 x 92
  • Subdivision Name: Pine Lake Village
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1979
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Basement: Basement, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Waterfront, Boat Ramp on Prop.
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Pine Lake Village
  • Phone: 817-475-4423
  • Association: Yes

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1301120000013.079
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 20

MLS Schools

  • Elementary School: Arab Elementary School
  • High School: Arab High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2007
Sold by
Peterson Alphid T and Peterson Stephen John
Bought by
Meade Keith L and Meade Kelly J
Current Estimated Value
$408,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$57,772
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Estimated Equity
$350,533
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meade Keith L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meade Keith L $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $350,000 0.0% $125 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $350,000 -- $125 / Sq Ft
Source: ValleyMLS.com

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,322 $31,740 $0 $0
2023 $1,232 $30,420 $0 $0
2022 $1,000 $26,000 $0 $0
2021 $1,000 $26,000 $0 $0
2020 $853 $22,360 $0 $0
2017 $854 $22,400 $0 $0
2015 -- $16,060 $0 $0
2014 -- $16,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Al Weaver

    Seller's Agent in 2022

    Al Weaver

    RE/MAX

    (256) 489-9000

    147 Total Sales

    Al Weaver
    Section Image
  • Lachun Weaver

    Seller Co-Listing Agent in 2022

    Lachun Weaver

    RE/MAX

    (256) 513-1433

    232 Total Sales

    Lachun Weaver
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1803122

ValleyMLS.com

APN: 130516-0-002-019000

Alabama Marshall County Arab 35016

1023 Lake View Ln NW, Arab, AL

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