NOT LISTED FOR SALE

38 Arad Thompson Rd NE Arab, AL 35016

Estimated Value: $285,000 - $350,000

4 Beds
3 Baths
2,278 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $273,000 $120 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,818/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Garage
  • Arab Primary School Rated 10
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of June 2022

Adorable updated 4 Bedroom, 3 Bath, 2278 SF including 2nd Primary or MIL Suite with jetted tub, great closets throughout, bonus room, huge deck and beautiful fenced backyard. Located in Arab City School district and within walking distance to Arab City Park.

Last Agent to Sell the Property

Jamie and Donna Black

Southern Elite Realty License #121661 Listed on: 04/06/2022

Co-Listed By

Donna Black

Southern Elite Realty License #121662

Last Buyer's Agent

Shannon Barksdale

Ainsworth Real Estate, LLC License #131560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1991

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Ranch Style House

Interior Spaces

  • 2,278 Sq Ft Home
  • Basement
  • Bedroom in Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association
  • Heritage Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 1409302000001.019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,185

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Living Area: 2278
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: 151700
  • Subdivision Name: Heritage Estates
  • Architectural Style: BsmtRanch
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1991
  • RoomMasterBathroomLevel: First
  • RoomBedroomLevel: Basement
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Basement
  • Full Bathrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 100
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: First
  • Room Living Room Area: 273
  • Room Kitchen Area: 130
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 294
  • Room Dining Room Area: 110

Exterior Features

  • Fencing: Chain Link

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Garage Faces Side, Two Car Garage

Utilities

  • Heating: Natural Gas
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1409302000001.019
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 1

MLS Schools

  • Elementary School: Arab Elementary School
  • High School: Arab High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 5, 2014
Sold by
Southern Specialty Properties Llc
Bought by
Berry Benjamin Justin
Seller's Agent
Sarah Stone
Re/Max Distinctive
Buyer's Agent
John Brannum
Redstone Realty Solutions-GSV
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$309,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,621
Avg. Annual Appreciation
14.68%
Original Mortgage
$71,326
Outstanding Balance
$54,976
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$254,545

Purchase Details

Listed on
May 6, 2013
Closed on
Jan 31, 2014
Sold by
The United States Hud
Bought by
Southern Specialty Properties Llc
Seller's Agent
Angelina Patten
ACP Realty, LLC
Buyer's Agent
John Cole
Re/Max Distinctive
List Price
$95,000
Sold Price
$40,500
Premium/Discount to List
-$54,500
-57.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.04%
Original Mortgage
$40,623
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2012
Sold by
Bank Of America N A
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 7, 2007
Sold by
Harbin Michael L and Harbin Jacqueline
Bought by
Bank Of American N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,413
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cahela Stephen and Cahela Shelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
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
Berry Benjamin Justin $1,000 None Available
Southern Specialty Properties Llc $40,500 None Available
The Secretary Of Hud $162,314 None Available
Bank Of American N A $162,314 None Available
Harbin Michael L -- None Available
Cahela Stephen $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Benjamin Justin $71,326
Previous Owner Southern Specialty Properties Llc $40,623
Previous Owner Harbin Michael L $137,413
Previous Owner Cahela Stephen $16,500
Previous Owner Cahela Stephen $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $273,000 +1.5% $120 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $269,000 +284.8% $118 / Sq Ft
03/09/2015 03/09/15 Off Market $69,900 -- --
12/08/2014 12/08/14 Sold $69,900 0.0% $54 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $69,900 +72.6% $54 / Sq Ft
05/05/2014 05/05/14 Off Market $40,500 -- --
01/31/2014 01/31/14 Sold $40,500 -57.4% $21 / Sq Ft View Prior Sale
10/11/2013 10/11/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $95,000 -- $50 / 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 $2,185 $53,960 $0 $0
2023 $2,185 $51,600 $2,080 $49,520
2022 $568 $15,340 $0 $0
2021 $520 $14,160 $0 $0
2020 $427 $11,860 $0 $0
2017 $427 $11,860 $0 $0
2015 -- $22,760 $0 $0
2014 -- $24,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie and Donna Black

    Seller's Agent in 2022

    Jamie and Donna Black

    Southern Elite Realty

    (256) 302-2331

    75 Total Sales

    Jamie and Donna Black
    Section Image
  • Donna Black

    Seller Co-Listing Agent in 2022

    Donna Black

    Southern Elite Realty

    (256) 200-2334

    92 Total Sales

    Donna Black
    Section Image
  • Shannon Barksdale

    Buyer's Agent in 2022

    Shannon Barksdale

    Ainsworth Real Estate, LLC

    (256) 640-6410

    28 Total Sales

    Shannon Barksdale
    Section Image

  • S

    Seller's Agent in 2014

    Sarah Stone

    RE/MAX

    Section Image

  • A

    Seller's Agent in 2014

    Angelina Patten

    ACP Realty, LLC

    (256) 425-2545

    24 Total Sales

    Angelina Patten
    Section Image

  • J

    Buyer's Agent in 2014

    John Brannum

    Redstone Realty Solutions-GSV

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1804819

ValleyMLS.com

APN: 140930-2-000-001019

Alabama Marshall County Arab 35016

38 Arad Thompson Rd NE, Arab, AL

This home is located at 38 Arad Thompson Rd NE, Arab, AL 35016 since 06 April 2022 and is currently estimated at $309,521, approximately $135 per square foot. This property was built in 1991. 38 Arad Thompson Rd NE is a home located in Marshall County with nearby schools including Arab Primary School, Arab Elementary School, and Arab Junior High School.

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