$96,750
SOLD JAN 31, 2022

125 McRainey Loop Andalusia, AL 36420

2 Beds
2 Baths
1,413 Sq Ft
0.61 Acres

Recently Sold

$68 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • Covered patio or porch
  • Fireplace
  • 1-Story Property
  • Andalusia Elementary School Rated A-
  • Bungalow
  • Outdoor Storage

About This Home

As of March 2023

This home is located at 125 McRainey Loop, Andalusia, AL 36420 and is currently priced at $96,750, approximately $68 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 Agent to Sell the Property

Wynne W. Glenn

BASS AGENCY REAL ESTATE Listed on: 12/07/2021

Last Buyer's Agent

Amanda Clairmont

Draftstone Properties, LLC License #129888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1950

Parking

  • 2 Detached Carport Spaces

Home Design

  • Bungalow
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,413 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Additional Features

  • Level Lot
  • Central Air

Community Details

  • Mc Artan Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-13-04-17-4-001-024.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Bungalow
  • Subdivision Name: Mc Artan Addition
  • Directions: From East Three Notch Street turn on McRainey Loop. House will be on the left. It sits back off the road.
  • Legal Description: Lots 21 & 22, McArtan Addition
  • Metesand Bounds: No
  • Photo: Yes
  • Survey: No
  • Termite Bond: No
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1413
  • Price Per Sq Ft: 68.47
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Fireplace(s)
  • Levels: One
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Laundry/Storage In/Out: Inside
  • Attic: Pull Down Stairs

Exterior Features

  • Construction Materials: Frame
  • Driveway Paved: No
  • Exterior Features: Storage Building(s)
  • Patio and Porch Features: Porch-Covered/Screened
  • Porch/Deck Description: Screened porch
  • Road Frontage Type: Public Road
  • Roof: Metal

Garage/Parking

  • Garage/Carport: 2 Car Carport Detached

Utilities

  • Cooling: Central/Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

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: 1
  • Geo Subdivision: AL
  • Geo UPDATE TIMESTAMP: 12/8/2021 5:03:06 PM
  • Geo Zoom LEVEL: 17
  • Lot Dimensions: Irregular 120 X 227.67 X 66.6 X 19.25 X 201
  • Parcel Num: 23-13-04-17-4-001-024.000
  • Topography: Level

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 284.7

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%
Current Estimated Value
$127,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,631
Avg. Annual Appreciation
4.02%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 None Listed On Document
Warranty Deed $96,750 Hester Law Firm Pc
Warranty Deed $96,750 None Listed On Document
Warranty Deed $55,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,917 FHA
Closed $0 Purchase Money Mortgage
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: 21757

Covington Association of REALTORS®

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