NOT LISTED FOR SALE

1101 Lasseter Rd Gadsden, AL 35907

Estimated Value: $181,000 - $243,000

3 Beds
2 Baths
1,506 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $89,751 $60 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,193/month

11 Days on Market

Highlights

  • No HOA
  • Southside Elementary School Rated 10
  • Central Heating and Cooling System

About This Home

As of February 2018

This is a HUD Owned property. Case#011-715009 (IE) Insured with Escrow (Subject to Appraisal). Lead Paint Addendum required for any property built prior to 1978.Seller makes no representations or warranties as to property condition. Sold AS-IS. EQUAL HOUSING OPPORTUNITY. Seller may contribute up to 3% for buyer's closing costs, upon buyer request.

Last Agent to Sell the Property

Mark Caudell

South Towne Realtors, LLC License #64390 Listed on: 12/12/2017

South Towne Realtors, LLC

Last Buyer's Agent

Patty Smith

Susie Weems Real Estate, LLC License #53172

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 122 x 140 x 129 x 140

Interior Spaces

  • 1,506 Sq Ft Home
  • Property has 1 Level
  • Fireplace Features Masonry
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Southside Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Smith Point Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 2102040001015.019

Home Details

Home Type

Single Family

Est. Annual Taxes

$651

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Living Area: 1506
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 122 x 140 x 129 x 140
  • Subdivision Name: Smith Point
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1978
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Range
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: Masonry, One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Master Bedroom Area: 156

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southside

Lot Info

  • Parcel Number: 2102040001015.019
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 21

MLS Schools

  • Elementary School: Southside
  • High School: Southside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 20, 2018
Sold by
Hud
Bought by
Ellis Cathy L and Ellis Ii Colen L
Seller's Agent
Mark Caudell
South Towne Realtors, LLC
Buyer's Agent
Patty Smith
Susie Weems Real Estate, LLC
List Price
$77,500
Sold Price
$89,751
Premium/Discount to List
$12,251
15.81%
Current Estimated Value
$215,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,894
Avg. Annual Appreciation
12.11%
Original Mortgage
$85,263
Outstanding Balance
$72,498
Interest Rate
4.15%
Mortgage Type
Stand Alone First
Estimated Equity
$143,147

Purchase Details

Closed on
Nov 3, 2017
Sold by
Ala Housing Finance Authority
Bought by
Hud

Purchase Details

Closed on
Oct 6, 2017
Sold by
Simmons Ashley and Simmons Christopher Jarred
Bought by
Ala Housing Finance Authority

Purchase Details

Closed on
Jul 13, 2011
Sold by
Mayo William A and Mayo Rhonda
Bought by
Simmons Christopher Jarred and Simmons Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750
Interest Rate
4.53%
Mortgage Type
New Conventional
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
Ellis Cathy L $56,450 None Available
Hud $93,480 None Available
Ala Housing Finance Authority $93,480 None Available
Simmons Christopher Jarred $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Cathy L $85,263
Previous Owner Simmons Christopher Jarred $3,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Off Market $89,751 -- --
02/20/2018 02/20/18 Sold $89,751 +15.8% $60 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $77,500 -- $51 / 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 $651 $17,080 $2,220 $14,860
2023 $651 $17,060 $2,210 $14,850
2022 $549 $14,570 $2,210 $12,360
2021 $428 $11,630 $2,210 $9,420
2020 $428 $11,640 $0 $0
2019 $428 $11,640 $0 $0
2017 $311 $8,780 $0 $0
2016 $311 $8,780 $0 $0
2015 $311 $8,780 $0 $0
2013 -- $9,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Caudell

    Seller's Agent in 2018

    Mark Caudell

    South Towne Realtors, LLC

    (256) 673-0062

    1 in this area

    140 Total Sales

    Mark Caudell
    Section Image
  • Patty Smith

    Buyer's Agent in 2018

    Patty Smith

    Susie Weems Real Estate, LLC

    (256) 490-2931

    4 in this area

    99 Total Sales

    Patty Smith
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1083736

ValleyMLS.com

APN: 21-02-04-0-001-015.019

Alabama Etowah County Gadsden 35907

1101 Lasseter Rd, Gadsden, AL

This home is located at 1101 Lasseter Rd, Gadsden, AL 35907 since 12 December 2017 and is currently estimated at $215,645, approximately $143 per square foot. This property was built in 1978. 1101 Lasseter Rd is a home located in Etowah County with nearby schools including Southside Elementary School, Southside High School, and Rainbow Middle School.

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