NOT LISTED FOR SALE

1878 Martha Ln NE Arab, AL 35016

Estimated Value: $530,539 - $639,000

4 Beds
4.5 Baths
3,680 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $335,000 $91 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,189/month

5 Days on Market

Highlights

  • Victorian Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Arab Primary School Rated 10
  • No HOA

About This Home

As of October 2017

Wonderful Home located in Northwood Estates Subdivision, 4 Bedrooms, 4 Full Baths, 1 half Bath, Basement, Hardwood floors, Granite countertops! This home offers plenty of storage space, crown molding all around, living room area, dining room and more! You will absolutely love this home! Call me for a private showing!

Last Agent to Sell the Property

Ivan Croes

Southern Elite Realty License #102743 Listed on: 07/17/2017

Southern Elite Realty

Last Buyer's Agent

Dempsey Isom

Pass Realty, LLC License #108609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1995

Lot Details

  • 0.65

Home Design

  • Victorian Architecture

Interior Spaces

  • 3,680 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Arab Middle Elementary School
  • Arab High School

Additional Features

  • 0.65 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Northwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 1301110000081036

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Living Area: 3680
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Subdivision Name: Northwood Estates
  • Architectural Style: Victorian
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1995
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 255
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 196
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 210
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 18
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 270
  • Room Kitchen Area: 266
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 288
  • Room Dining Room Area: 224

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • 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: 1301110000081036
  • Lot Size Sq Ft: 28314
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Oct 5, 2017
Sold by
Freeman Frank Michael and Freeman Cathy M
Bought by
Allen Michael R and Allen Leslie B
Seller's Agent
Ivan Croes
Southern Elite Realty
Buyer's Agent
Dempsey Isom
Pass Realty, LLC
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$576,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,385
Avg. Annual Appreciation
6.99%
Original Mortgage
$301,500
Outstanding Balance
$252,107
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$324,278
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
Allen Michael R $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Michael R $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2018 01/07/18 Off Market $335,000 -- --
10/06/2017 10/06/17 Sold $335,000 -4.3% $91 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $349,900 -- $95 / 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 $1,600 $40,820 $0 $0
2023 $1,600 $39,120 $5,200 $33,920
2022 $1,488 $38,040 $0 $0
2021 $1,377 $35,300 $0 $0
2020 $1,174 $30,300 $0 $0
2017 $1,736 $28,140 $0 $0
2015 -- $40,540 $0 $0
2014 -- $40,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivan Croes

    Seller's Agent in 2017

    Ivan Croes

    Southern Elite Realty

    (256) 550-2520

    74 Total Sales

    Ivan Croes
    Section Image
  • Dempsey Isom

    Buyer's Agent in 2017

    Dempsey Isom

    Pass Realty, LLC

    (256) 586-2500

    31 Total Sales

    Dempsey Isom
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1074431

ValleyMLS.com

APN: 130111-0-000-081036

Alabama Marshall County Arab 35016

1878 Martha Ln NE, Arab, AL

This home is located at 1878 Martha Ln NE, Arab, AL 35016 since 17 July 2017 and is currently estimated at $576,385, approximately $156 per square foot. This property was built in 1995. 1878 Martha Ln NE 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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