NOT LISTED FOR SALE

109 Shoal Creek Trail NE Arab, AL 35016

Estimated Value: $72,000 - $157,000

2 Beds
1 Bath
1,246 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $36,000 $29 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $650/month

10 Days on Market

Highlights

  • No HOA
  • Arab Primary School Rated 10
  • No Heating

About This Home

As of September 2022

GREAT INVESTMENT PROPERTY!! PERFECT SPOT FOR DUPLEXES OR APARTMENTS. HOUSE IS BEING SOLD IN AS IS CONDITION. PROPERTY HAS 660 FEET OF ROAD FRONTAGE ALONG 2ND STREET NE FROM SHOAL CREEK TO 4TH AVENUE NE. 2 CORNER LOTS, HOME ON THE CORNER OF 4TH AVENUE AND 2ND BURNED. WATER AND POWER ON PROPERTY.

Last Agent to Sell the Property

Lachun Weaver

RE/MAX Unlimited License #052962 Listed on: 08/05/2022

RE/MAX Unlimited

Co-Listed By

Al Weaver

RE/MAX Unlimited License #82326

Last Buyer's Agent

Lachun Weaver

RE/MAX Unlimited License #052962 Listed on: 08/05/2022

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Lot Details

  • 0.8 Acre Lot

Parking

  • No Garage

Interior Spaces

  • 1,246 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1306243003009.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Lot Details

0

Listing Details

  • Living Area: 1246
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Co List Office Mls Id: 179700
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 100
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: First
  • Room Living Room Area: 132
  • Room Kitchen Area: 143
  • Room Master Bedroom Area: 100

Exterior Features

  • Property Condition: Unknown

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: None
  • Cooling: None
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1306243003009.000
  • Lot Size Sq Ft: 34848
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Wimsatt Christopher J and Wimsatt Tiffany Jeanne-M
Bought by
Northern Belle Properties Llc
Current Estimated Value
$105,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Outstanding Balance
$59,535
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$75,773
Source: Public Records

Range of Values:

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Average Value
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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
Northern Belle Properties Llc $47,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Belle Properties Llc $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $36,000 -14.3% $29 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $42,000 -- $34 / 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 $901 $22,240 $0 $0
2023 $901 $9,700 $2,660 $7,040
2022 $322 $7,940 $0 $0
2021 $306 $7,360 $0 $0
2020 $254 $6,280 $0 $0
2017 $637 $8,980 $0 $0
2015 -- $14,540 $0 $0
2014 -- $14,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1815273

ValleyMLS.com

APN: 130624-3-003-009000