NOT LISTED FOR SALE

125 McRainey Loop Andalusia, AL 36420

Estimated Value: $111,000 - $139,000

2 Beds
2 Baths
1,413 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $115,000 $81 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $742/month

121 Days on Market

About This Home

As of March 2023

This home is located at 125 McRainey Loop, Andalusia, AL 36420 since 23 October 2022 and is currently estimated at $126,501, approximately $89 per square foot. This property was built in 1950. 125 McRainey Loop is a home located in Covington County with nearby schools including Andalusia Elementary School, Andalusia Middle School, and Andalusia High School.

Last Listed By

Amanda Clairmont

Draftstone Properties, LLC License #129888 Listed on: 10/23/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$403

Year Built

1950

Lot Details

0

Listing Details

  • Architectural Style: Bungalow
  • Subdivision Name: Mc Artan Addition
  • Directions: From East Three Notch st. Turn on McRainey Loop. House will be on the left. Sits back off the road.
  • Legal Description: Lots 21 & 22, McArtan Addition
  • Metesand Bounds: No
  • Photo: Yes
  • Survey: No
  • Termite Bond: Yes
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1413
  • Price Per Sq Ft: 81.39
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances That Stay: Range, Refrigerator, Microwave, Dishwasher
  • Levels: One
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Laundry/Storage In/Out: In

Exterior Features

  • Construction Materials: Frame
  • Driveway Paved: No
  • Exterior Features: Storage Building(s)
  • Porch/Deck Description: Screened
  • Roof: Metal
  • Roof Age: >1

Garage/Parking

  • Garage/Carport: 1 Car Carport Detached

Utilities

  • Sewer: Public Sewer

Schools

  • School District: Andalusia City

Lot Info

  • Deed Book: 2014
  • Deed PAGE: 12681
  • Geo ADDRESS Line: 125 Mcrainey Loop
  • Geo PRIMARY City: Andalusia
  • Geo Quality: 0.95
  • Geo Subdivision: AL
  • Geo UPDATE TIMESTAMP: 10/24/2022 12:02:38 AM
  • Geo Zoom LEVEL: 16
  • Lot Dimensions: Irregular 120x227.67x66.6x19.25x201
  • Parcel Num: 23 13 04 17 4 001 024.000
  • Topography: Level

Rental Info

  • Lease Considered: No

MLS Schools

  • School District: Andalusia City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Mar 3, 2023
Sold by
Razzia Erf Llc
Bought by
Underwood William and Estis Cymberley D
Seller's Agent
Amanda Clairmont
Draftstone Properties, LLC
Buyer's Agent
Wynne W. Glenn
BASS AGENCY REAL ESTATE
List Price
$145,000
Sold Price
$115,000
Premium/Discount to List
-$30,000
-20.69%
Total Days on Market
121
Current Estimated Value
$126,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,501
Avg. Annual Appreciation
4.39%
Original Mortgage
$112,917
Outstanding Balance
$110,012
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$16,489

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 31, 2022
Sold by
Simms Iii Jessie W
Bought by
Razzia Erf Llc
Seller's Agent
Wynne W. Glenn
BASS AGENCY REAL ESTATE
Buyer's Agent
Amanda Clairmont
Draftstone Properties, LLC
List Price
$99,500
Sold Price
$96,750
Premium/Discount to List
-$2,750
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Sep 17, 2014
Sold by
Sirmon Jessie W
Bought by
Sirmon Jessie W

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
Underwood William $115,000 None Listed On Document
Razzia Erf Llc $96,750 Hester Law Firm Pc
Razzia Erf Llc $96,750 None Listed On Document
Sirmon Jessie W $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Underwood William $112,917
Closed Razzia Erf Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $115,000 -17.9% $81 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $140,000 -3.4% $99 / Sq Ft
10/23/2022 10/23/22 For Sale $145,000 +49.9% $103 / Sq Ft
01/31/2022 01/31/22 Sold $96,750 -2.8% $68 / Sq Ft
12/07/2021 12/07/21 For Sale $99,500 -- $70 / Sq Ft
Source: Covington Association of REALTORS®

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 $403 $11,540 $1,300 $10,240
2023 $403 $19,736 $2,560 $17,176
2022 $342 $17,444 $2,560 $14,884
2021 $285 $7,300 $1,300 $6,000
2020 $279 $7,160 $1,280 $5,880
2019 $261 $6,700 $1,280 $5,420
2018 $261 $6,700 $1,280 $5,420
2017 $242 $0 $0 $0
2016 $241 $0 $0 $0
2015 $506 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $5,473 $1,111 $4,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Covington Association of REALTORS®

MLS Number: 22625

Covington Association of REALTORS®

APN: 13-04-17-4-001-024.000