NOT LISTED FOR SALE

1427 Spring Valley Dr NE Arab, AL 35016

Estimated Value: $233,000 - $291,000

4 Beds
1.5 Baths
2,074 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $190,000 $92 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,404/month

Highlights

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

About This Home

As of June 2022

Large 4 bedroom, 1.5 bath home located inside of Arab City Limits! Split floor plan with a bonus room!! This home is situated on a double lot with a chain link fence, in ground pool and 3 detached storage buildings. According to the seller, roof is less than 5 years old and gutter guards added in 2021. This is an entertainers DREAM! Enjoy the pool just in time for summer.

Last Agent to Sell the Property

Larissa Whitworth

RE/MAX Unlimited License #124157 Listed on: 05/12/2022

RE/MAX Unlimited

Last Buyer's Agent

Lachun Weaver

RE/MAX Unlimited License #052962

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 1.2

Parking

  • No Garage

Interior Spaces

  • 2,074 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Additional Features

  • 1.2 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • James Hyatt Subdivision

Listing and Financial Details

  • Tax Lot 8-10
  • Assessor Parcel Number 1306140000017.000

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Living Area: 2074
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Subdivision Name: James Hyatt
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1968
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Bathroom 2 Area: 20
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Bathroom 1 Level: First
  • Dining Room Dining Room Level: First

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1306140000017.000
  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: na
  • Tax Lot: 8-10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 21, 2022
Sold by
Gail Fouts Patricia
Bought by
Johnson Reanna D
Seller's Agent
Larissa Whitworth
RE/MAX Unlimited
Buyer's Agent
Lachun Weaver
RE/MAX Unlimited
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$256,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,279
Avg. Annual Appreciation
8.64%
Original Mortgage
$186,558
Outstanding Balance
$177,480
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$78,799

Purchase Details

Listed on
Oct 18, 2018
Closed on
Aug 2, 2019
Sold by
Truett Justin Dixon and Truett Chelsea Lee
Bought by
Fouts Patricia Gail
Seller's Agent
Bonnie Shipp
Southern Elite Realty
Buyer's Agent
Jarrod Hand
Matlock Realty Group, LLC
List Price
$189,900
Sold Price
$155,000
Premium/Discount to List
-$34,900
-18.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Nov 26, 2014
Sold by
Upton Doris and Upton Doris J
Bought by
Dixon Truett Chelsea Lee and Dixon Truett Justin
Seller's Agent
Rita Morrow
Lake Guntersville Real Estate
Buyer's Agent
Ashleigh Green
KW Huntsville Keller Williams
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$127,551
Interest Rate
4.02%
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
Johnson Reanna D $190,000 Wilmer & Lee Pa
Fouts Patricia Gail $155,000 None Available
Dixon Truett Chelsea Lee $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Reanna D $186,558
Previous Owner Dixon Truett Chelsea Lee $127,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $190,000 -5.0% $92 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $199,900 +29.0% $96 / Sq Ft
11/11/2019 11/11/19 Off Market $155,000 -- --
08/06/2019 08/06/19 Sold $155,000 -3.1% $75 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
06/09/2019 06/09/19 Price Changed $160,000 -3.0% $77 / Sq Ft
05/14/2019 05/14/19 Price Changed $165,000 -2.9% $80 / Sq Ft
04/20/2019 04/20/19 Price Changed $169,900 -1.2% $82 / Sq Ft
03/28/2019 03/28/19 Price Changed $172,000 -1.7% $83 / Sq Ft
02/22/2019 02/22/19 Price Changed $174,900 -1.7% $84 / Sq Ft
01/31/2019 01/31/19 Price Changed $178,000 -3.7% $86 / Sq Ft
01/15/2019 01/15/19 Price Changed $184,900 -1.6% $89 / Sq Ft
11/20/2018 11/20/18 Price Changed $187,900 -1.1% $91 / Sq Ft
10/18/2018 10/18/18 For Sale $189,900 +51.9% $92 / Sq Ft
02/24/2015 02/24/15 Off Market $125,000 -- --
11/26/2014 11/26/14 Sold $125,000 -7.3% $60 / Sq Ft View Prior Sale
10/28/2014 10/28/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $134,900 -- $65 / 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 $873 $21,380 $0 $0
2023 $813 $20,360 $0 $0
2022 $772 $18,820 $0 $0
2021 $0 $17,480 $0 $0
2020 $612 $15,100 $0 $0
2017 $433 $12,000 $0 $0
2015 -- $11,580 $0 $0
2014 -- $12,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larissa Whitworth

    Seller's Agent in 2022

    Larissa Whitworth

    RE/MAX

    (256) 550-0708

    94 Total Sales

    Larissa Whitworth
    Section Image
  • Lachun Weaver

    Buyer's Agent in 2022

    Lachun Weaver

    RE/MAX

    (256) 513-1433

    226 Total Sales

    Lachun Weaver
    Section Image
  • Bonnie Shipp

    Seller's Agent in 2019

    Bonnie Shipp

    Southern Elite Realty

    (256) 640-6839

    39 Total Sales

    Bonnie Shipp
    Section Image

  • J

    Buyer's Agent in 2019

    Jarrod Hand

    Matlock Realty Group, LLC

    Section Image
  • Rita Morrow

    Seller's Agent in 2014

    Rita Morrow

    Lake Guntersville Real Estate

    (256) 505-2789

    57 Total Sales

    Rita Morrow
    Section Image
  • Ashleigh Green

    Buyer's Agent in 2014

    Ashleigh Green

    KW Huntsville Keller Williams

    (256) 527-0185

    127 Total Sales

    Ashleigh Green
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1808094

ValleyMLS.com

APN: 130614-0-000-017000

Alabama Marshall County Arab 35016

1427 Spring Valley Dr NE, Arab, AL

Not Listed for Sale

Detached

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