NOT LISTED FOR SALE

1431 Elm Ln NE Arab, AL 35016

Estimated Value: $362,000 - $483,000

5 Beds
3.5 Baths
3,359 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $210,334 $63 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,379/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Porch
  • Arab Primary School Rated 10
  • 3 Car Detached Garage
  • Tile Countertops

About This Home

As of November 2017

Marshall County home on a beautiful and private 2.27 acre home site with pond in a quiet country area of similar homes on acreage. This custom home offers 5 bedrooms, 3.5 baths and almost 3400 square feet with hardwood flooring, gourmet kitchen with granite counters, formal dining room, luxurious master suite and so much more. Detached 3 car garage and other out building provide lots of possibilities and space for hobbies,storage and recreational vehicles. Approximately 10 minutes to Lake Guntersville.

Last Agent to Sell the Property

Joel Lawrence

OWNERS.COM License #110302 Listed on: 12/20/2016

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • 1969

Lot Details

  • 4.08

Parking

  • 3 Car Detached Garage
  • Side Facing Garage

Interior Spaces

  • 2-Story Property
  • Marble Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50-14-04-18-0-000-017.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

1969

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 3359
  • Legal Description: COM SW COR SW 1/4 NE 1/4 18-8-2 TH E 196.93 TO POB TH E 546.25 TO NW MAR OF HWY 69 ETC 4.08 AC PER DEED 10-31-91 1074/267
  • List Price per Sq Ft: 66.6
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Fireplace Details: Marble (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |Living/Din1|Kitchen1|MasterBR1|Bedroom2|Bedroom2|Bedroom2|Bedroom2|
  • Room 1: Living/Dining, 14X15, On Level: 1
  • Room 2: Kitchen, 11X12, On Level: 1
  • Room 3: Master Bedroom, 14X16, On Level: 1
  • Room 4: Bedroom, 12X14, On Level: 2
  • Room 5: Bedroom, 10X10, On Level: 2
  • Room 6: Bedroom, 10X11, On Level: 2
  • Room 7: Bedroom, 12X10, On Level: 2
  • Rooms Level 1: Kitchen (LVL 1), Living/Dining (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+)
  • Kitchen Countertops: Tile (KIT)
  • Main Level Sq Ft: 2109
  • Upper Level Sq Ft: 1250

Exterior Features

  • Construction: Siding-Other
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 3
  • Number Total Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Cooling: Central (COOL)
  • Water: Public Water

Schools

  • Elementary School: ARAB
  • Middle School: ARAB
  • High School: ARAB

Lot Info

  • Assessor Parcel Number: 50-14-04-18-0-000-017.002

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Mar 31, 2017
Sold by
Ksbc Bank Usa N A
Bought by
Culler Ryan D and Culler Magan G
Seller's Agent
Joel Lawrence
RealHome Services & Solutions
Buyer's Agent
Tracy Miller
Pass Realty, LLC
List Price
$252,300
Sold Price
$210,344
Premium/Discount to List
-$41,956
-16.63%
Current Estimated Value
$426,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,797
Avg. Annual Appreciation
8.63%
Original Mortgage
$168,275
Outstanding Balance
$139,606
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,535

Purchase Details

Closed on
Aug 26, 2016
Sold by
Kreps Hilary and Reed Eric
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Sep 25, 2006
Sold by
Reed Eric
Bought by
Reed Eric and Kreps Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Songer John E and Songer Deborah D
Bought by
Reed Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.69%
Mortgage Type
Unknown
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
Culler Ryan D $210,344 None Available
Hsbc Bank Usa Na $234,282 None Available
Reed Eric $248,500 None Available
Reed Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culler Ryan D $168,275
Previous Owner Reed Eric $248,500
Previous Owner Reed Eric $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $210,334 -6.0% $63 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/06/2017 02/06/17 Price Changed $223,700 -3.5% $67 / Sq Ft
01/20/2017 01/20/17 Price Changed $231,700 -8.2% $69 / Sq Ft
12/20/2016 12/20/16 For Sale $252,300 -- $75 / Sq Ft
Source: Greater Alabama MLS

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 $1,526 $38,980 $0 $0
2023 $1,526 $37,140 $4,640 $32,500
2022 $1,418 $36,320 $0 $0
2021 $1,313 $33,720 $0 $0
2020 $1,113 $28,780 $0 $0
2017 $2,604 $28,840 $0 $0
2015 -- $27,940 $0 $0
2014 -- $27,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joel Lawrence

    OWNERS.COM

  • M

    Buyer's Agent in 2017

    MLS Non-member Company

    Birmingham Non-Member Office

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 769752

Greater Alabama MLS

APN: 140418-0-000-017002

Alabama Marshall County Arab 35016

1431 Elm Ln NE, Arab, AL

This home is located at 1431 Elm Ln NE, Arab, AL 35016 since 20 December 2016 and is currently estimated at $426,141, approximately $126 per square foot. This property was built in 1969. 1431 Elm Ln NE is a home located in Marshall County with nearby schools including Arab Primary School, Arab Elementary School, and Arab Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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