NOT LISTED FOR SALE

150 Lane Garrett Dr NW Arab, AL 35016

Estimated Value: $186,000 - $201,000

3 Beds
2 Baths
1,233 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $95,000 $77 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,083/month

19 Days on Market

Highlights

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

About This Home

As of February 2020

Are you looking to buy your first home or need more space? Take a look at this one! This 3 bedroom home located in an established neighborhood offers several updates including central heat and air and roof. Spacious living and dining room are sure to please plus the enclosed/covered patio makes a great space for entertaining or for morning coffee. Great potential and a good size lot! Call about this one before it gets away!

Last Agent to Sell the Property

Chad Williams

Williams Real Estate, LLC License #079515 Listed on: 12/18/2019

Last Buyer's Agent

Lachun Weaver

RE/MAX Unlimited License #052962

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1963

Lot Details

  • 0.35

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Meadow Wood Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 1302030001040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Living Area: 1233
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Meadow Wood
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1963
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 88
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: First
  • Room Living Room Area: 187
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 90
  • Room Dining Room Area: 96

Utilities

  • Heating: Central 1, Electric, See Remarks, Wall Furnace
  • 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: 1302030001040000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 5, 2020
Sold by
Coelman Rosa Ann
Bought by
Payne Dalton C and Payne Hannah B
Seller's Agent
Chad Williams
Williams Real Estate, LLC
Buyer's Agent
Lachun Weaver
RE/MAX Unlimited
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$192,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,756
Avg. Annual Appreciation
13.53%
Original Mortgage
$93,279
Outstanding Balance
$82,767
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$110,300

Purchase Details

Closed on
Apr 28, 2006
Sold by
Law David
Bought by
Coleman Thomas W and Coleman Rosa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,121
Interest Rate
6.31%
Mortgage Type
FHA
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
Payne Dalton C $95,000 None Available
Coleman Thomas W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Dalton C $93,279
Previous Owner Coleman Thomas W $85,500
Previous Owner Coleman Thomas W $10,000
Previous Owner Coleman Thomas W $75,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Off Market $95,000 -- --
02/05/2020 02/05/20 Sold $95,000 0.0% $77 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $95,000 -- $77 / 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 $486 $13,320 $0 $0
2023 $486 $12,600 $0 $0
2022 $983 $24,280 $0 $0
2021 $900 $22,220 $0 $0
2020 $399 $9,860 $0 $0
2017 $279 $9,000 $0 $0
2015 -- $8,160 $0 $0
2014 -- $8,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Williams

    Seller's Agent in 2020

    Chad Williams

    Williams Real Estate, LLC

    (256) 630-2075

    179 Total Sales

    Chad Williams
    Section Image
  • Lachun Weaver

    Buyer's Agent in 2020

    Lachun Weaver

    RE/MAX

    (256) 513-1433

    234 Total Sales

    Lachun Weaver
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1133870

ValleyMLS.com

APN: 130203-0-001-040000

Alabama Marshall County Arab 35016

150 Lane Garrett Dr NW, Arab, AL

This home is located at 150 Lane Garrett Dr NW, Arab, AL 35016 since 18 December 2019 and is currently estimated at $192,756, approximately $156 per square foot. This property was built in 1963. 150 Lane Garrett Dr NW is a home located in Marshall County with nearby schools including Arab Primary School, Arab Elementary School, and Arab Junior High School.

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