NOT LISTED FOR SALE

262 Magnolia St Lincoln, AL 35096

Estimated Value: $267,000 - $302,338

3 Beds
3 Baths
2,807 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $212,000 $76 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,611/month

8 Days on Market

Highlights

  • 1.5 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Stone Countertops
  • Wood Flooring
  • Attic
  • Screened Porch

About This Home

As of June 2021

Welcome Home to beautiful Lincoln, AL. Nestled on an acre and a half close to the center of Lincoln, this home is over 2700 squarefeet of polished hardwoods, tall ceilings, and loads of charm that only an older home can give you. This home was renovated a few years ago. It is complete with modern touches to go with the historical charm. If location is what you're interested in, this home is minutes from the Honda Plant, as well as Interstate 20. This home is full of space, with three traditional bedrooms and other rooms that can be used as well, but the master bedroom is complete with a Jacuzzi tub to go alongside the jetted tub in the bathroom. Schedule your showing today,.

Last Agent to Sell the Property

Christopher Hamby

EXIT Realty Sweet HOMElife Listed on: 05/05/2021

EXIT Realty Sweet HOMElife

Last Buyer's Agent

Christopher Hamby

EXIT Realty Sweet HOMElife Listed on: 05/05/2021

EXIT Realty Sweet HOMElife

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1920

Lot Details

  • 1.5

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,807 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Brick Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Den
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Lincoln Elementary And Middle School
  • Lincoln High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Screened Patio
  • 1.5 Acre Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1284437?w=PubMLS
  • Living Area: 2807
  • Legal Description: 157.5 X 334 IRR LOT 7 & N1/2 OF LOT 8 BLK 3 HUNTER MAP OF LINCOLN PB 4 PG 25 1.2 AC(C) SEC 28 T16S R5E
  • List Price per Sq Ft: 74.81
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Whites
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1920
  • Price Per Sq Ft: 75.53
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |Kitchen1|MasterBath1|MasterBR1|Bedroom1|Bedroom1|Living1|Den1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Living, On Level: 1
  • Room 7: Den/Family, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 2807

Exterior Features

  • Patio: Yes
  • Construction: Siding-Vinyl
  • Exterior Features: Porch Screened
  • Foundation: Crawl Space
  • Patio Type: Screened (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2807

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Included
  • Library Fee: Included

Schools

  • Elementary School: LINCOLN
  • Middle School: LINCOLN
  • High School: LINCOLN

Lot Info

  • Assessor Parcel Number: 0308283007007000
  • Number Acres: 1.5

Tax Info

  • Tax District: LINCOLN
  • Annual Tax: 611

MLS Schools

  • Elementary School: LINCOLN
  • High School: LINCOLN
  • Jr Middle School: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 17, 2021
Sold by
Buckelew and Tracy
Bought by
Phelps Matthew P and Phelps Jenifer
Seller's Agent
Christopher Hamby
EXIT Realty Sweet HOMElife
Buyer's Agent
Christopher Hamby
EXIT Realty Sweet HOMElife
List Price
$210,000
Sold Price
$212,000
Premium/Discount to List
$2,000
0.95%
Current Estimated Value
$279,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,710
Avg. Annual Appreciation
7.51%
Original Mortgage
$208,160
Outstanding Balance
$190,503
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$95,832

Purchase Details

Closed on
Aug 25, 2017
Sold by
Pike Patricia S
Bought by
Smelley Jerry
Source: Public Records

Range of Values:

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Average Value
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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
Phelps Matthew P $156,500 --
Phelps Matthew P $212,000 --
Smelley Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Matthew P $208,160
Closed Phelps Matthew P $208,160
Previous Owner Buckelew Jerry Wayne $162,642
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $212,000 +1.0% $76 / Sq Ft
05/05/2021 05/05/21 For Sale $210,000 +33.3% $75 / Sq Ft
03/19/2018 03/19/18 Sold $157,500 -1.5% $64 / Sq Ft
11/08/2017 11/08/17 Price Changed $159,900 -5.9% $65 / Sq Ft
08/31/2017 08/31/17 For Sale $169,900 -- $69 / Sq Ft
Source: Greater Alabama MLS

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 $950 $25,340 $3,180 $22,160
2023 $950 $25,340 $3,180 $22,160
2022 $798 $21,440 $2,890 $18,550
2021 $566 $15,510 $2,890 $12,620
2020 $566 $15,660 $0 $0
2019 $566 $15,660 $0 $0
2018 $1,097 $28,140 $0 $0
2017 $1,097 $28,140 $0 $0
2016 $1,103 $28,140 $0 $0
2015 $998 $25,600 $0 $0
2014 $1,006 $25,800 $0 $0
2013 -- $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1284437

Greater Alabama MLS

APN: 03-08-28-3-007-007.000