NOT LISTED FOR SALE

2576 Mat Morrow Rd Arab, AL 35016

Estimated Value: $130,000 - $193,000

3 Beds
2 Baths
1,468 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $75,000 $51 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $957/month

79 Days on Market

Highlights

  • No HOA
  • Brindlee Mountain Primary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2021

Three bedroom, two bath rancher on 1.5 acres just outside of Arab. Northside location is convenient to Huntsville. Large living room, spacious eat-in kitchen, a two car garage and nice rear covered deck. ALL FACTS INCLUDING SCHOOLS, MEASUREMENTS AND LOT SIZE TO BE VERIFIED.

Last Agent to Sell the Property

Mark Caudell

South Towne Realtors, LLC License #64390 Listed on: 11/25/2020

South Towne Realtors, LLC

Last Buyer's Agent

Teressa Campbell

BH&G Southern Premiere Agency License #82027

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 437 x 350 x 315

Interior Spaces

  • 1,468 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Brindlee Mtn Midd Elementary School
  • Brindlee Mtn High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1303050000030.000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Living Area: 1468
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: 437 x 350 x 315
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1960
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Appliances: Cooktop, Dishwasher, Oven
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Brindlee Mtn Midd School

Lot Info

  • Parcel Number: 1303050000030.000
  • Lot Size Sq Ft: 65340
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: *

MLS Schools

  • Elementary School: Brindlee Elem School
  • High School: Brindlee Mtn High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 10, 2021
Sold by
Reverse Mortgage Funding Llc
Bought by
Bowling Louie Steven
Seller's Agent
Mark Caudell
South Towne Realtors, LLC
Buyer's Agent
Teressa Campbell
BH&G Southern Premiere Agency
List Price
$102,000
Sold Price
$75,000
Premium/Discount to List
-$27,000
-26.47%
Current Estimated Value
$177,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,067
Avg. Annual Appreciation
19.69%
Original Mortgage
$78,750
Outstanding Balance
$76,386
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,681

Purchase Details

Closed on
Mar 17, 2020
Sold by
Watson Billy W and Watson Virginia E
Bought by
Reverse Mortgage Funding Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bowling Louie Steven $75,000 None Available
Reverse Mortgage Funding Llc $84,017 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowling Louie Steven $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Off Market $75,000 -- --
03/29/2021 03/29/21 Sold $75,000 +15.4% $51 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $65,000 -32.9% $44 / Sq Ft
12/29/2020 12/29/20 Price Changed $96,900 -5.0% $66 / Sq Ft
11/25/2020 11/25/20 For Sale $102,000 -- $69 / 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 $376 $14,200 $0 $0
2023 $345 $13,480 $0 $0
2022 $498 $13,080 $0 $0
2021 $955 $24,120 $0 $0
2020 $786 $20,960 $0 $0
2017 $0 $9,560 $0 $0
2015 -- $8,240 $0 $0
2014 -- $8,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Caudell

    Seller's Agent in 2021

    Mark Caudell

    South Towne Realtors, LLC

    (256) 673-0062

    131 Total Sales

    Mark Caudell
    Section Image
  • Teressa Campbell

    Buyer's Agent in 2021

    Teressa Campbell

    BH&G Southern Premiere Agency

    (256) 572-9192

    105 Total Sales

    Teressa Campbell
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1770213

ValleyMLS.com

APN: 130305-0-000-030000

Alabama Marshall County Arab 35016

2576 Mat Morrow Rd, Arab, AL

Not Listed for Sale

Detached

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