NOT LISTED FOR SALE

273 Light Gap Rd Arab, AL 35016

Estimated Value: $188,000 - $224,000

3 Beds
2 Baths
1,850 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $61,075 $33 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,184/month

6 Days on Market

Highlights

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

About This Home

As of June 2021

HANDYMAN SPECIAL! Country home on 1.5 acres in the Ruth Community needs work but has 3 bedrooms, 2 baths, bonus room, kitchen, large living room and laundry. Back deck, partial unfinished basement plus small barn and outbuilding. Private, peaceful surroundings. A bargain for do-it-yourself buyers!

Last Agent to Sell the Property

Dianne Prestridge

BH&G Southern Premiere Agency License #55911 Listed on: 04/14/2021

Last Buyer's Agent

John Brannum

Redstone Realty Solutions-GSV License #20982

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.5 Acre Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,850 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Brindlee Mtn Midd Elementary School
  • Brindlee Mtn High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1209320000016.000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Living Area: 1850
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Subdivision Name: Metes And Bounds
  • Architectural Style: BsmtRanch
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1970
  • Kitchen Level: First
  • Special Features: 5124

Interior Features

  • Total Bedrooms: 3
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First

Exterior Features

  • Foundation Details: See Remarks

Utilities

  • Heating: Central 1
  • Cooling: Central 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: Brindlee Mtn Midd School

Lot Info

  • Parcel Number: 1209320000016.000
  • Lot Size Sq Ft: 65340
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

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
Apr 14, 2021
Closed on
Jun 7, 2021
Sold by
Trustmark National Bank
Bought by
Sanchez Horacio
Seller's Agent
Dianne Prestridge
BH&G Southern Premiere Agency
Buyer's Agent
John Brannum
Redstone Realty Solutions-GSV
List Price
$59,900
Sold Price
$61,075
Premium/Discount to List
$1,175
1.96%
Current Estimated Value
$210,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,601
Avg. Annual Appreciation
30.59%

Purchase Details

Closed on
May 21, 2009
Sold by
Ryan Bradley A and Ryan Ashley N
Bought by
Trustmark National Bank

Purchase Details

Closed on
Mar 14, 2005
Sold by
Click Farrell Lynn and Click Colette Ann
Bought by
Ryan Bradley D and Ryan Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,300
Interest Rate
5.54%
Mortgage Type
New Conventional
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
Sanchez Horacio $61,075 None Available
Trustmark National Bank $47,920 None Available
Ryan Bradley D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Bradley D $91,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Off Market $61,075 -- --
06/08/2021 06/08/21 Sold $61,075 +2.0% $33 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $59,900 -- $32 / 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 $1,079 $25,420 $0 $0
2023 $967 $24,180 $0 $0
2022 $940 $23,460 $0 $0
2021 $880 $22,120 $0 $0
2020 $300 $9,400 $0 $0
2017 $270 $8,620 $0 $0
2015 -- $9,040 $0 $0
2014 -- $9,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dianne Prestridge

    Seller's Agent in 2021

    Dianne Prestridge

    BH&G Southern Premiere Agency

    (256) 505-7870

    79 Total Sales

    Dianne Prestridge
    Section Image

  • J

    Buyer's Agent in 2021

    John Brannum

    Redstone Realty Solutions-GSV

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1778838

ValleyMLS.com

APN: 120932-0-000-016000

Alabama Marshall County Arab 35016

273 Light Gap Rd, Arab, AL

Not Listed for Sale

Detached

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