NOT LISTED FOR SALE

1274 Mat Morrow Dr Arab, AL 35016

Estimated Value: $42,517

7.11 Acres
$5,980 Price per Acre
309,712 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $25,000

Est. 70% increase in value since last sale

Current estimated payment $255/month

91 Days on Market

Highlights

  • Barn or Stable
  • Wooded Lot
  • Level Lot
  • Brindlee Mountain Primary School Rated A-
  • Views

About This Lot

As of September 2019

Looking for a great place to land? Take a look at this build-able +/- 7.11 acres located just a few miles from everything you need but with the privacy you want! Two barns are already on the property to get your country life started. Call today to take a look!

Last Agent to Sell the Property

Bonnie Shipp

Southern Elite Realty License #112997 Listed on: 05/29/2019

Last Buyer's Agent

Bonnie Shipp

Southern Elite Realty License #112997 Listed on: 05/29/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $299

Lot Details

  • 7.11 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Wooded Lot

Schools

  • Brindlee Mtn Midd Elementary School
  • Brindlee Mtn High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Natural Gas Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 1208330000013002

Community Details

Overview

  • Metes And Bounds Subdivision

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$299

Lot Details

0

Listing Details

  • Current Use: Acreage
  • Property Sub Type: LOT
  • Prop. Type: Land
  • Lot Size Acres: 7.11
  • Road Frontage Type: County Road, Deed Ing/Egr
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Metes And Bounds
  • Special Features: None

Exterior Features

  • Lot Features: Level, Sloped, Views, Wooded
  • Other Structures: Barn/Stable, Detached Bldg

Utilities

  • Gas: None
  • Sewer: None
  • Water Source: Public

Schools

  • Middle Or Junior School: Brindlee Mtn Midd School

Lot Info

  • Parcel Number: 1208330000013002
  • Lot Size Sq Ft: 309711.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

MLS Schools

  • Elementary School: Brindlee Elem School
  • High School: Brindlee Mtn High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Sep 20, 2019
Sold by
Bingham Pamela L and Bingham Chris E
Bought by
Casey James Calvin and Casey Linda
Seller's Agent
Bonnie Shipp
Southern Elite Realty
Buyer's Agent
Bonnie Shipp
Southern Elite Realty
List Price
$65,000
Sold Price
$25,000
Premium/Discount to List
-$40,000
-61.54%
Current Estimated Value
$42,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,517
Avg. Annual Appreciation
9.41%
Original Mortgage
$18,750
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2013
Sold by
Stephens Charles E and Stephens Sandra L
Bought by
Bingham Pamela L and Bingham Chris E
Source: Public Records

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
Casey James Calvin $25,000 None Available
Bingham Pamela L $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Casey James Calvin $18,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Off Market $25,000 -- --
09/20/2019 09/20/19 Sold $25,000 -28.6% --
08/28/2019 08/28/19 Pending -- -- --
08/24/2019 08/24/19 Price Changed $35,000 -12.5% --
08/09/2019 08/09/19 Price Changed $40,000 -11.1% --
06/19/2019 06/19/19 Price Changed $45,000 -30.8% --
05/29/2019 05/29/19 For Sale $65,000 -- --
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 $299 $7,980 $0 $0
2023 $299 $7,780 $4,760 $3,020
2022 $290 $7,720 $0 $0
2021 $280 $7,460 $0 $0
2020 $228 $6,080 $0 $0
2017 $228 $6,080 $0 $0
2015 -- $4,320 $0 $0
2014 -- $4,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Shipp

    Seller's Agent in 2019

    Bonnie Shipp

    Southern Elite Realty

    (256) 640-6839

    40 Total Sales

    Bonnie Shipp
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Map

Source: ValleyMLS.com

MLS Number: 1120070

ValleyMLS.com

APN: 120833-0-000-013002

Alabama Marshall County Arab 35016

1274 Mat Morrow Dr, Arab, AL

This home is located at 1274 Mat Morrow Dr, Arab, AL 35016 since 29 May 2019 and is currently estimated at $42,517. 1274 Mat Morrow Dr is a home located in Marshall County with nearby schools including Brindlee Mountain Elementary School, Brindlee Mountain Primary School, and Brindlee Mt Middle School.

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