NOT LISTED FOR SALE

1600 Downs Rd Unit 1 Mount Olive, AL 35117

Estimated Value: $141,049 - $231,000

0.98 Acre
$185,727 Price per Acre
42,689 Sq Ft Lot

Last Sold April 10, 2019

Last sale price $14,000

Est. 1,200% increase in value since last sale

Current estimated payment $977/month

223 Days on Market

About This Lot

As of April 2019

Level lot in great location, perk tested, no survey.

Last Agent to Sell the Property

Reba Main

RE/MAX on Main Listed on: 08/21/2018

RE/MAX on Main

Last Buyer's Agent

Reba Main

RE/MAX on Main Listed on: 08/21/2018

RE/MAX on Main

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $204

Lot Details

  • 0.98 Acre Lot
  • Property is zoned agriculture

Schools

  • Mt Olive Elementary School
  • Bragg Middle School
  • Gardendale High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14-00-05-3-000-011.003

Property Details

Property Type

Land

Est. Annual Taxes

$204

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: LOT 1 BURTON MANOR PB 225 PG 77
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Water

Lot Info

  • Assessor Parcel Number: 14-00-05-3-000-011.003
  • Number Acres: 0.98
  • Zoning: agriculture
  • Best Use Per Zone: Agricultural (BESTUSE), Manufactured (BESTUSE), Residential
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Manufactured (AREA), Residential

Tax Info

  • Tax District: County
  • Annual Tax: 204

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: MT OLIVE
  • High School: GARDENDALE
  • Jr Middle School: BRAGG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
The Home Place Llc
Bought by
Cole James E and Cole Connie H
Current Estimated Value
$182,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,509
Outstanding Balance
$118,754
Interest Rate
3.73%
Mortgage Type
FHA
Estimated Equity
$63,258

Purchase Details

Listed on
Aug 21, 2018
Closed on
Apr 10, 2019
Sold by
Main Reba
Bought by
The Home Place Llc
Seller's Agent
Reba Main
RE/MAX on Main
Buyer's Agent
Reba Main
RE/MAX on Main
List Price
$17,000
Sold Price
$14,000
Premium/Discount to List
-$3,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.48%

Purchase Details

Closed on
Jan 24, 2018
Sold by
Synovus Bank
Bought by
Main Reba

Purchase Details

Closed on
Jun 30, 2014
Sold by
Harding Custom Homes Inc
Bought by
First Commercial
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
Cole James E $140,279 --
The Home Place Llc $14,000 --
Main Reba $13,000 --
First Commercial $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole James E $135,509
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $14,000 -17.6% --
08/21/2018 08/21/18 For Sale $17,000 -- --
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 $306 $7,160 -- --
2022 $274 $6,510 $2,940 $3,570
2021 $244 $5,920 $2,350 $3,570
2020 $227 $5,570 $2,000 $3,570
2019 $200 $2,000 $0 $0
2018 $200 $4,000 $0 $0
2017 $200 $4,000 $0 $0
2016 $200 $4,000 $0 $0
2015 $200 $4,000 $0 $0
2014 $240 $4,000 $0 $0
2013 $240 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reba Main

    Seller's Agent in 2019

    Reba Main

    RE/MAX

    (205) 616-8211

    10 in this area

    158 Total Sales

    Reba Main
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Map

Source: Greater Alabama MLS

MLS Number: 826804

Greater Alabama MLS

APN: 14-00-05-3-000-011.003

Alabama Jefferson County Mount Olive 35117

1600 Downs Rd Unit 1, Mount Olive, AL

Not Listed for Sale

Lots

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