NOT LISTED FOR SALE

1216 Cullman Rd Arab, AL 35016

Estimated Value: $131,734 - $172,000

2 Beds
1.5 Baths
946 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $142,000 $150 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $819/month

1 Day on Market

Highlights

  • No HOA
  • Arab Primary School Rated 10
  • Central Heating and Cooling System

About This Home

As of July 2023

Cozy 2 bedroom, 1.5 bath home in the Arab City School district. Featuring lvp flooring, upgraded blinds, new water tank, inviting porch, and two car carport. Convenient to highway 69, 231, and Main Street. This would be a great starter home or perfect to add to your investment portfolio!

Last Agent to Sell the Property

Heather Grace

Innovative Realty Solutions License #148134 Listed on: 06/22/2023

Last Buyer's Agent

Heather Grace

Innovative Realty Solutions License #148134 Listed on: 06/22/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 176 x 75 x 173 x 90

Interior Spaces

  • 946 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1308271000012.001

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Living Area: 946
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 176 x 75 x 173 x 90
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1945
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Two Car Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1308271000012.001
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 26, 2023
Sold by
Leak William Jacob and Leak Anna Leigh
Bought by
Palka Timothy Ray
Seller's Agent
Heather Grace
Innovative Realty Solutions
Buyer's Agent
Heather Grace
Innovative Realty Solutions
List Price
$134,900
Sold Price
$142,000
Premium/Discount to List
$7,100
5.26%
Views
92
Current Estimated Value
$150,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,184
Avg. Annual Appreciation
2.27%
Original Mortgage
$143,434
Outstanding Balance
$139,513
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$10,671

Purchase Details

Closed on
Sep 29, 2020
Sold by
Hanners Savanna and Hamilton Austin
Bought by
Leak William Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,476
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Hanners Mark and Hanners Meisha
Bought by
Hanners Savanna

Purchase Details

Closed on
Jul 6, 2015
Sold by
Clark Kileigh
Bought by
Hanners Mark and Hanners Meisha

Purchase Details

Closed on
Dec 1, 2011
Sold by
Glenn Robert L
Bought by
Clark Kileigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
4.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Palka Timothy Ray $142,000 None Listed On Document
Leak William Jacob $82,980 None Available
Hanners Savanna $95,000 None Available
Hanners Mark $67,000 None Available
Clark Kileigh -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palka Timothy Ray $143,434
Previous Owner Leak William Jacob $81,476
Previous Owner Clark Kileigh $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $142,000 +5.3% $150 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $134,900 -- $143 / Sq Ft
Source: ValleyMLS.com

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 $259 $7,200 $0 $0
2023 $239 $6,020 $0 $0
2022 $474 $11,700 $0 $0
2021 $437 $10,800 $0 $0
2020 $386 $9,540 $0 $0
2017 $388 $9,560 $0 $0
2015 -- $4,920 $0 $0
2014 -- $4,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Grace

    Seller's Agent in 2023

    Heather Grace

    Innovative Realty Solutions

    (256) 224-5519

    20 Total Sales

    Heather Grace
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Map

Source: ValleyMLS.com

MLS Number: 1837168

ValleyMLS.com

APN: 130827-1-000-012001

Alabama Marshall County Arab 35016

1216 Cullman Rd, Arab, AL

Not Listed for Sale

Detached

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