Estimated Value: $386,000 - $515,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                2,295
                Sq Ft
            
            
                
                    $204/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2073 Red Oak Ln NE, Arab, AL 35016 and is currently estimated at $467,142, approximately $203 per square foot. 2073 Red Oak Ln NE is a home with nearby schools including Arab Primary School, Arab Elementary School, and Arab Junior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jan 4, 2024
            
        
                Sold by
            
            
                Gilley Ovallion and Gilley James Burtis
            
        
                Bought by
            
            
                Patel Alpesh B and Patel Archana
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $318,500
            
        
                Outstanding Balance
            
            
                $313,275
            
        
                Interest Rate
            
            
                7.29%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $153,867
            
        Purchase Details
                Closed on
            
            
                Apr 5, 2012
            
        
                Sold by
            
            
                Snider Curtis D and Snider Diane T
            
        
                Bought by
            
            
                Gilley Ovallion
            
        Purchase Details
                Closed on
            
            
                Mar 28, 2007
            
        
                Sold by
            
            
                Hanson Reba A
            
        
                Bought by
            
            
                Snider Brandon and Snider Caris
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Patel Alpesh B | $455,000 | None Listed On Document | |
| Patel Alpesh B | $455,000 | None Listed On Document | |
| Gilley Ovallion | $20,000 | None Available | |
| Snider Brandon | $28,000 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Patel Alpesh B | $318,500 | |
| Closed | Patel Alpesh B | $318,500 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $2,795 | $69,020 | $0 | $0 | 
| 2023 | $2,795 | $32,980 | $0 | $0 | 
| 2022 | $0 | $32,040 | $0 | $0 | 
| 2021 | $0 | $29,620 | $0 | $0 | 
| 2020 | $1,005 | $24,820 | $0 | $0 | 
| 2017 | $0 | $24,820 | $0 | $0 | 
| 2015 | -- | $24,420 | $0 | $0 | 
| 2014 | -- | $24,420 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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