NOT LISTED FOR SALE

2253 Gilliam Springs Rd NW Arab, AL 35016

Estimated Value: $97,000 - $249,000

2 Beds
1 Bath
1,202 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $55,000 $46 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $876/month

198 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Wall Furnace
  • Arab Primary School Rated 10
  • Window Unit Cooling System

About This Home

As of June 2019

Rare Opportunity! Many Options! Older home ($75,000 for Just Home), 2 structures that could have multiple uses and 6+/- acres. New High School less than a mile away. OPTIONS: you wish to just buy house and 1 acre you can, house and 1/2 acre, just call us and we'll work with you on your situation.

Last Agent to Sell the Property

Pam Gilbert

Leading Edge, R.E. Group License #84727 Listed on: 10/16/2018

Leading Edge, R.E. Group

Last Buyer's Agent

Pam Gilbert

Leading Edge, R.E. Group License #84727 Listed on: 10/16/2018

Leading Edge, R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $363

Lot Details

  • 6 Acre Lot

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,202 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1301110000058000

Home Details

Home Type

Single Family

Est. Annual Taxes

$363

Lot Details

0

Listing Details

  • Living Area: 1202
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Bungalow/Craftsman, Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 100
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: First
  • Room Master Bedroom Area: 100

Utilities

  • Heating: Wall Furnace
  • Cooling: Window 1
  • Sewer: Septic Tank
  • 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: 1301110000058000
  • Lot Size Sq Ft: 261360
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
May 28, 2019
Sold by
Higginson Mark L
Bought by
Green Madison L
Seller's Agent
Pam Gilbert
Leading Edge, R.E. Group
Buyer's Agent
Pam Gilbert
Leading Edge, R.E. Group
List Price
$150,000
Sold Price
$55,000
Premium/Discount to List
-$95,000
-63.33%
Current Estimated Value
$159,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,627
Avg. Annual Appreciation
18.36%
Original Mortgage
$55,555
Outstanding Balance
$48,944
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$110,683
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
Green Madison L $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Madison L $55,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Off Market $55,000 -- --
06/21/2019 06/21/19 Sold $55,000 0.0% $46 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
05/01/2019 05/01/19 Off Market $55,000 -- --
11/12/2018 11/12/18 For Sale $150,000 +172.7% $125 / Sq Ft
10/29/2018 10/29/18 Off Market $55,000 -- --
10/16/2018 10/16/18 For Sale $150,000 -- $125 / 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 $363 $10,280 $0 $0
2023 $363 $9,880 $0 $0
2022 $335 $9,580 $0 $0
2021 $307 $8,900 $0 $0
2020 $250 $7,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Gilbert

    Seller's Agent in 2019

    Pam Gilbert

    Leading Edge, R.E. Group

    (256) 797-5622

    66 Total Sales

    Pam Gilbert
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Map

Source: ValleyMLS.com

MLS Number: 1105165

ValleyMLS.com

APN: 13-01-11-0-000-045.003

Alabama Marshall County Arab 35016

2253 Gilliam Springs Rd NW, Arab, AL

This home is located at 2253 Gilliam Springs Rd NW, Arab, AL 35016 since 16 October 2018 and is currently estimated at $159,627, approximately $132 per square foot. 2253 Gilliam Springs Rd NW 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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