NOT LISTED FOR SALE

2048 Lake Dr NW Arab, AL 35016

Estimated Value: $502,000 - $653,000

-- Bed
3 Baths
3,579 Sq Ft
$161/Sq Ft Est. Value

About This Home

This home is located at 2048 Lake Dr NW, Arab, AL 35016 and is currently estimated at $575,058, approximately $160 per square foot. 2048 Lake Dr NW is a home located in Marshall County with nearby schools including Brindlee Mountain Elementary School, Brindlee Mountain Primary School, and Brindlee Mt Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Kirkpatrick Terrell and Kirkpatrick Mary Sue
Bought by
Bankston Deborah Faye
Current Estimated Value
$575,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,050
Outstanding Balance
$546,230
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$28,828

Purchase Details

Closed on
Jul 28, 2016
Sold by
Hilty Dennis D and Hilty Deborah
Bought by
Kirkpatrick Terrell and Kirkpatrick Mary Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2012
Sold by
Hix Walter and Hix Tiffany
Bought by
Hilty Dennis and Hilty Deborah

Purchase Details

Closed on
Dec 12, 2006
Sold by
Proud Gertrude
Bought by
Hilty Deborah L and Hilty Dennis D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bankston Deborah Faye $579,000 None Listed On Document
Kirkpatrick Terrell $295,000 None Available
Hilty Dennis $63,663 None Available
Hilty Deborah L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bankston Deborah Faye $550,050
Previous Owner Kirkpatrick Terrell $150,000
Source: Public Records

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 $1,379 $38,640 $0 $0
2023 $1,287 $37,000 $4,220 $32,780
2022 $1,160 $37,280 $0 $0
2021 $1,056 $35,320 $0 $0
2020 $989 $29,880 $0 $0
2017 $1,044 $30,840 $0 $0
2015 -- $38,420 $0 $0
2014 -- $38,420 $0 $0
Source: Public Records

Map

Alabama Marshall County Arab 35016

2048 Lake Dr NW, Arab, AL

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