NOT LISTED FOR SALE

340 Sumerset Ln Montgomery, AL 36109

East Montgomery Neighborhood

Estimated Value: $118,933 - $131,000

3 Beds
2 Baths
1,242 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $40,000 $32 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $745/month

52 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Wood Flooring
  • Porch
  • 1-Story Property

About This Home

As of June 2019

WHAT A DEAL! Check out this adorable 3BR/2B home with covered front porch, deck and nice carport. This home offers a huge eat-in kitchen off the dining/living room combo with wood floors, and large back yard w/ attached storage room. Owned by the US Dept. of HUD, case #011-474815. Subject to appraisal-(IE) Insured Escrow. Property was built prior to 1978. Seller makes no representations or warranties as to property condition. HUD Homes are Sold “As-Is.” "EQUAL HOUSING OPPORTUNITY." Seller may contribute up to 3% for buyer’s closing costs, upon buyer request. If schools are important, buyer to verify. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it.

Last Agent to Sell the Property

Tytrena Fields

CORE International Realty License #0079165 Listed on: 04/13/2019

Last Buyer's Agent

Craig Schaid

eXp Realty, LLC. - Southern Br License #0088662

eXp Realty, LLC. - Southern Br

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Driveway Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,242 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Flowers Elementary School
  • Goodwyn Middle School
  • Lee High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-02-09-4-006-016.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,252

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 1242
  • Year Built: 1954
  • New Construction: No
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Laminate, Wood
  • Room Count: 7

Exterior Features

  • Construction: Brick
  • Exterior Feature: Deck, Patio, Porch
  • Flood: Unknown
  • Foundation: Slab
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Gas, Unknown
  • Electric Authority: See Remarks
  • Heating: Central Electric, Central Gas, Unknown
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Cable TV Access Available, Electric Power, Unknown
  • Water: Public
  • Water Authority: See Remarks
  • Water Heater: Electric, Gas, Unknown

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.200000
  • Parcel Number: 10-02-09-4-006-016.000

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Flowers Elementary School
  • School High: Lee High School
  • School Middle: Goodwyn Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Creckside Drive Llc
Bought by
Kleinschrodt Paul
Current Estimated Value
$122,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Outstanding Balance
$57,578
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$64,905

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jun 14, 2019
Sold by
Group Cap Construction Llc
Bought by
Creekside Drive Llc
Seller's Agent
Tytrena Fields
CORE International Realty
Buyer's Agent
Craig Schaid
eXp Realty, LLC. - Southern Br
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%

Purchase Details

Listed on
Apr 13, 2019
Closed on
May 31, 2019
Sold by
Secretary Of Hsng & Urban Dev Of Wa Dc
Bought by
Group Cap Construction Llc
Seller's Agent
Tytrena Fields
CORE International Realty
Buyer's Agent
Craig Schaid
eXp Realty, LLC. - Southern Br
List Price
$40,000
Sold Price
$40,000

Purchase Details

Closed on
Dec 13, 2018
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Dev

Purchase Details

Closed on
Mar 29, 2001
Sold by
Mullins Blake John Paul and Mullins Blake Amy
Bought by
Stephens George C and Stephens Keri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,650
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1998
Sold by
Lancaster William L and Lancaster Roxie G
Bought by
Blake John Paul and Blake Amy Mullins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
7.11%
Mortgage Type
FHA
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
Kleinschrodt Paul $82,000 None Available
Creekside Drive Llc $51,000 None Available
Group Cap Construction Llc $40,000 None Available
Secretary Of Housing & Urban Dev $45,600 None Available
Stephens George C $81,150 --
Blake John Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinschrodt Paul $65,600
Previous Owner Stephens George C $79,650
Previous Owner Blake John Paul $70,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $40,000 0.0% $32 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $40,000 -- $32 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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
2025 $1,252 $25,680 $3,600 $22,080
2024 $1,221 $25,040 $3,600 $21,440
2023 $1,221 $22,640 $3,600 $19,040
2022 $715 $19,600 $3,600 $16,000
2021 $631 $17,280 $3,600 $13,680
2020 $610 $16,720 $3,600 $13,120
2019 $142 $10,040 $3,600 $6,440
2018 $276 $7,560 $0 $0
2017 $218 $14,180 $3,600 $10,580
2014 $227 $7,340 $2,000 $5,340
2013 -- $6,580 $2,000 $4,580
Source: Public Records

Agents Affiliated with this Home

  • Tytrena Fields

    Seller's Agent in 2019

    Tytrena Fields

    CORE International Realty

    (334) 399-0861

    16 in this area

    60 Total Sales

    Tytrena Fields
    Section Image

  • C

    Buyer's Agent in 2019

    Craig Schaid

    eXp Realty, LLC. - Southern Br

    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 451217

Montgomery Area Association of REALTORS®

APN: 10-02-09-4-006-016.000

Alabama Montgomery County Montgomery 36109 East Montgomery

340 Sumerset Ln, Montgomery, AL

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Montgomery Area Association of REALTORS® Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

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