NOT LISTED FOR SALE

1498 Downs Rd Mount Olive, AL 35117

Estimated Value: $128,000 - $181,000

2 Beds
1 Bath
959 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $103,500 $108 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $864/month

139 Days on Market

Highlights

  • Covered Deck
  • Attic
  • Living Room
  • Bragg Middle School Rated 9+
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of April 2019

Charming 2 bedroom 1 bath home located on a quiet street. Screened in porch for those fall afternoons. Detached 2 car garage.

Last Agent to Sell the Property

Janet Railey Peek

Redstone Family Realty LLC License #75781 Listed on: 10/19/2018

Last Buyer's Agent

Andrea Rouse

RE/MAX on Main

RE/MAX on Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1950

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Siding

Interior Spaces

  • 959 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Crawl Space
  • Laminate Countertops
  • Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Deck
  • 131 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 14-00-08-2-000-004.003

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 959
  • Legal Description: COM NW COR OF NW 1/4 SEC 8 TP 16 R 3W TH E 463.1 FT TO POB TH CONT 211.2 FT TO W R/W OF DOWNES RD TH S 112.6 FT TH W 210.4 FT
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Floors: Carpet, Hardwood Laminate
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Bedroom1|Bedroom1|Living1|Kitchen1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Living, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 959

Exterior Features

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

Garage/Parking

  • Garage Entry Location: Rear
  • Number Total Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 959

Lot Info

  • Assessor Parcel Number: 14-00-08-2-000-004.003
  • Number Acres: 0.003

Tax Info

  • Tax Database Id: 1
  • Tax District: MOUNT OLIVE
  • Annual Tax: 998
  • Assessor Parcel Number: 01073-14-00-08-2-000-004.003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Apr 16, 2019
Sold by
Lee Randall Earl Estate
Bought by
Swindle Justin E
Seller's Agent
Janet Railey Peek
Redstone Family Realty LLC
Buyer's Agent
Andrea Rouse
RE/MAX on Main
List Price
$109,000
Sold Price
$103,500
Premium/Discount to List
-$5,500
-5.05%
Current Estimated Value
$153,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,303
Avg. Annual Appreciation
6.07%
Original Mortgage
$104,545
Outstanding Balance
$91,536
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$62,267

Purchase Details

Closed on
Nov 28, 2006
Sold by
Butler James W
Bought by
Cooper Steven Alan and Knight Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Sold by
Butler James W and Butler Melissa M
Bought by
Butler James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Hardiman Richard Dolan and Hardiman Deborah F
Bought by
Butler James W and Butler Melissa M
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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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
Swindle Justin E $103,500 --
Cooper Steven Alan $89,000 None Available
Butler James W -- Cahaba Title Inc
Butler James W $62,000 Cahaba Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swindle Justin E $104,545
Previous Owner Cooper Steven Alan $89,000
Previous Owner Butler James W $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2019 04/16/19 Sold $103,500 +3.6% $108 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
10/22/2018 10/22/18 Price Changed $99,900 -8.3% $104 / Sq Ft
10/19/2018 10/19/18 For Sale $109,000 -- $114 / 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 $698 $29,960 -- --
2022 $585 $12,730 $4,380 $8,350
2021 $484 $10,710 $3,500 $7,210
2020 $484 $10,710 $3,500 $7,210
2019 $1,073 $10,720 $0 $0
2018 $999 $19,940 $0 $0
2017 $999 $19,940 $0 $0
2016 $999 $19,940 $0 $0
2015 $999 $19,940 $0 $0
2014 $1,346 $20,660 $0 $0
2013 $1,346 $20,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Janet Railey Peek

    Redstone Family Realty LLC

    (205) 329-9828

    2 in this area

    47 Total Sales

    Janet Railey Peek
    Section Image
  • Andrea Rouse

    Buyer's Agent in 2019

    Andrea Rouse

    RE/MAX

    (205) 542-2369

    3 in this area

    292 Total Sales

    Andrea Rouse
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 831431

Greater Alabama MLS

APN: 14-00-08-2-000-004.003

Alabama Jefferson County Mount Olive 35117

1498 Downs Rd, Mount Olive, AL

Not Listed for Sale

Detached

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