NOT LISTED FOR SALE

1290 Locust Dr NE Arab, AL 35016

Estimated Value: $393,000 - $650,444

19.3 Acres
$29,552 Price per Acre
840,708 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $398,000 $153 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,160/month

125 Days on Market

Highlights

  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • Arab Primary School Rated 10
  • 1 Fireplace
  • Central Heating and Cooling System

About This Lot

As of January 2018

Welcome home! Are you looking for land for farm but the convenience of being close to town? This lovely home sits nestled on almost 20 acres, 6 Acres and the home are within town limits. With a farmhouse feel through out, from custom cabinetry to floors pulled from a cotton mill from South Alabama that are over 100 years old. With an open concept floor plan the options are endless, entertaining, celebrating, or just enjoying a night at home in front of the wood burning fireplace. This home is something you do not want to miss. Call today to see it in person!

Last Agent to Sell the Property

Hannah Matlock

Matlock Realty Group, LLC License #112153 Listed on: 07/25/2017

Last Buyer's Agent

Bert Phillips

Ainsworth Real Estate, LLC License #71951

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 2010

Lot Details

  • 19.3 Acre Lot

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,604 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

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 126079

Property Details

Property Type

Land

Est. Annual Taxes

$2,017

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Living Area: 2604
  • Property Sub Type: Farm w/Home
  • Prop. Type: Residential
  • Lot Size Acres: 19.3
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Bungalow/Craftsman
  • New Construction: No
  • Year Built: 2010
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 18
  • Room Family Room Area: 210
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 300
  • Room Kitchen Area: 210
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 288
  • Room Dining Room Area: 110

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: 126079
  • Lot Size Sq Ft: 840708
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 5, 2018
Sold by
Kaye Dean Jeff and Kaye Dean
Bought by
Wymore Jacob and Wymore Destany Dianne
Seller's Agent
Hannah Matlock
Matlock Realty Group, LLC
Buyer's Agent
Bert Phillips
Ainsworth Real Estate, LLC
List Price
$413,000
Sold Price
$398,000
Premium/Discount to List
-$15,000
-3.63%
Current Estimated Value
$570,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,361
Avg. Annual Appreciation
4.71%
Original Mortgage
$378,000
Outstanding Balance
$318,824
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$251,537

Purchase Details

Closed on
Nov 19, 2009
Sold by
Maze Baron C and Maze Donna E
Bought by
Kaye Dean Jeff and Kaye Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
4.98%
Mortgage Type
Construction
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
Wymore Jacob $398,000 None Available
Kaye Dean Jeff -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wymore Jacob $378,000
Previous Owner Kaye Dean Jeff $216,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Off Market $398,000 -- --
01/05/2018 01/05/18 Sold $398,000 -0.3% $153 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/16/2017 11/16/17 Price Changed $399,000 -2.0% $153 / Sq Ft
08/25/2017 08/25/17 Price Changed $407,000 -1.5% $156 / Sq Ft
07/25/2017 07/25/17 For Sale $413,000 -- $159 / 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 $2,017 $51,100 $0 $0
2023 $2,017 $47,980 $0 $0
2022 $1,836 $46,640 $0 $0
2021 $1,714 $43,640 $0 $0
2020 $1,463 $37,440 $0 $0
2017 $1,452 $37,420 $0 $0
2015 -- $29,640 $0 $0
2014 -- $29,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1074793

ValleyMLS.com

APN: 140418-0-000-050000