NOT LISTED FOR SALE

224 7th St NE Arab, AL 35016

Estimated Value: $190,000 - $225,381

3 Beds
2 Baths
1,292 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $75,600 $59 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,159/month

15 Days on Market

Highlights

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

About This Home

As of May 2015

Foreclosure property located in the City Limits of Arab near the park. Home has three bedrooms, two baths, vaulted ceiling in the living room, separate laundry. The home sits of almost one acre, has a deck and a two car attached garage. CH6249

Last Agent to Sell the Property

Teressa Campbell

BH&G Southern Premiere Agency License #82027 Listed on: 03/11/2015

Last Buyer's Agent

Robin Crestman

Pass Realty, LLC License #74166

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Lot Details

  • 0.9

Interior Spaces

  • 1,292 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Additional Features

  • 0.9 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1306243004002001

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Lot Details

0

Listing Details

  • Living Area: 1292
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 121
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: First
  • Room Living Room Area: 273
  • Room Kitchen Area: 90
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 165
  • Room Dining Room Area: 120

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: 1306243004002001
  • Lot Size Sq Ft: 39204
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: NA

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 28, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Hill Barbara J
Seller's Agent
Teressa Campbell
BH&G Southern Premiere Agency
Buyer's Agent
Robin Crestman
Pass Realty, LLC
List Price
$72,000
Sold Price
$75,600
Premium/Discount to List
$3,600
5%
Current Estimated Value
$204,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,995
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Feb 24, 2015
Sold by
Marsh Michael Devin
Bought by
Jpmorgan Chase Bank

Purchase Details

Listed on
Jan 23, 2012
Closed on
Apr 20, 2012
Sold by
Barnard Karen
Bought by
Marsh Michael Devin
Seller's Agent
Jana Cordell
Summit, Realtors-Huntsville
Buyer's Agent
Al Weaver
RE/MAX Unlimited
List Price
$110,300
Sold Price
$98,500
Premium/Discount to List
-$11,800
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$100,510
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Rti Properties Inc
Bought by
Barnard Roger and Barnard Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
9.32%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hill Barbara J $75,600 None Available
Jpmorgan Chase Bank $72,000 None Available
Marsh Michael Devin -- None Available
Barnard Roger -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Michael Devin $100,510
Previous Owner Barnard Roger $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Off Market $75,600 -- --
05/06/2015 05/06/15 Sold $75,600 +5.0% $59 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $72,000 -26.9% $56 / Sq Ft
07/22/2012 07/22/12 Off Market $98,500 -- --
04/20/2012 04/20/12 Sold $98,500 -10.7% $74 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $110,300 -- $83 / 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 $555 $15,020 $0 $0
2023 $555 $14,420 $0 $0
2022 $513 $13,980 $0 $0
2021 $486 $13,060 $0 $0
2020 $402 $11,240 $0 $0
2017 $390 $9,620 $0 $0
2015 -- $9,440 $0 $0
2014 -- $9,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1014314

ValleyMLS.com

APN: 130624-3-004-002001