NOT LISTED FOR SALE

316 Mayberry Ln Arab, AL 35016

Estimated Value: $526,000 - $835,000

5 Beds
4 Baths
5,557 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $445,000 $80 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,526/month

About This Home

The search for your NEW HOME is over with this custom built property offering 5500+sqft on 3.2 fenced acres. 2 COMPLETE LIVING AREAS. Main level has modern farmhouse kitchen, 3 bedrooms, 2 1/2 baths, hardwood floors, fireplace, laundry room, office, playroom, private deck, 3 car garage, 2 car carport and tons of storage space. Lower level has living room, full kitchen, 2 bedrooms, full bath, rec room, laundry room, bonus room, tons of storage space, screened/glassed covered patio, and a private garage. Fabulous outdoor area with a creek/stream, inground heated, saltwater pool, gazebo and hot tub.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 19, 2021
Sold by
Loudermek Stephen R and Louderiviilk Deborah A
Bought by
Hamm Leif Tylor and Hamm Laura J
Seller's Agent
Sandy McCord
South Towne Realtors, LLC
Buyer's Agent
Teresa Gilreath
Redstone Realty Solutions-DEC
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$634,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,999
Avg. Annual Appreciation
9.47%
Original Mortgage
$325,000
Outstanding Balance
$298,054
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$336,945

Purchase Details

Listed on
Sep 29, 2016
Closed on
Nov 27, 2017
Sold by
Glass Gary W and Glass Amy D
Bought by
Loudermilk Stephen R and Loudermilk Deborah A
Seller's Agent
Regina James
Southern Elite Realty
Buyer's Agent
Kyle Wilbanks
South Towne Realtors, LLC
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$261,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2012
Closed on
Jun 25, 2012
Sold by
Knight Edward L and Kinght Susan L
Bought by
Glass Gary W and Glass Amy D
Seller's Agent
Graham Wright
KW Huntsville Keller Williams
Buyer's Agent
Bert Phillips
Ainsworth Real Estate, LLC
List Price
$349,900
Sold Price
$341,500
Premium/Discount to List
-$8,400
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.91%
Original Mortgage
$262,900
Interest Rate
3.79%
Mortgage Type
New Conventional
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
Hamm Leif Tylor $445,000 None Available
Loudermilk Stephen R $275,000 None Available
Glass Gary W $341,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamm Leif Tylor $325,000
Previous Owner Loudermilk Stephen R $261,250
Previous Owner Glass Gary W $262,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $445,000 -1.1% $80 / Sq Ft View Prior Sale
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $450,000 0.0% $81 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $450,000 0.0% $81 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $450,000 +63.6% $81 / Sq Ft
02/26/2018 02/26/18 Off Market $275,000 -- --
11/27/2017 11/27/17 Sold $275,000 -8.3% $49 / Sq Ft View Prior Sale
10/31/2017 10/31/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $299,900 -7.7% $53 / Sq Ft
06/03/2017 06/03/17 Price Changed $324,900 -7.1% $57 / Sq Ft
09/29/2016 09/29/16 For Sale $349,900 +2.5% $62 / Sq Ft
09/23/2012 09/23/12 Off Market $341,500 -- --
06/25/2012 06/25/12 Sold $341,500 -2.4% $91 / Sq Ft View Prior Sale
05/26/2012 05/26/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $349,900 -- $93 / Sq Ft

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 $2,226 $55,720 $0 $0
2023 $2,097 $52,720 $0 $0
2022 $3,184 $83,300 $0 $0
2021 $0 $38,320 $0 $0
2020 $1,225 $32,660 $0 $0
2017 $1,570 $83,360 $0 $0
2015 -- $40,300 $0 $0
2014 -- $40,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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