NOT LISTED FOR SALE

402 Fairwood Dr Valley, AL 36854

Estimated Value: $95,000 - $126,000

3 Beds
1 Bath
1,092 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $68,000 $62 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $679/month

3 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Cooling Available
  • No HOA
  • Brick Veneer
  • Outdoor Storage

About This Home

As of September 2022

This is a nice 3 bedroom 1 bath brick home that sits on nearly a half acre corner lot. Property owned by US Dept of HUD. Case umber 011-909331. Seller makes no representations or warranties as to property condition. HUD homes sold "AS-IS". Equal housing opportunity. Seller may contribute 3% for buyer's closing cost, upon buyer's request. House is insurable. Info & Subject to Appraisal – i.e. “UI, Subject to Appraisal”.Disclosures available www.HUDHomeStore.com. Bids may only be submitted by HUD Registered Agents/Agencies. All property inquiries will be answered within 24 hours. Buyers are responsible for Dewints/Rewints coordination/expenses. HUD compensates HUD registered selling agents up to 3% of the gross sales price.

Last Agent to Sell the Property

Michael Walton

THE DENSON GROUP License #69934 Listed on: 08/26/2022

Last Buyer's Agent

Michael Walton

THE DENSON GROUP License #69934 Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1978

Lot Details

  • 0.44 Acre Lot
  • Corner Lot

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Fairfax Elementary

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Fairwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Subdivision Name: FAIRWOOD
  • Directions: From Opelika take I-85 N to exit 77. Turn right on Fob James Dr for approx 1 mile. Turn right on Fairfax Bypass and go approx .6 mile . Turn left on Sedgefield Rd. Turn right on Fairwood Dr. House is on the left.
  • Above Grade Finished Sq Ft: 1092.0
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 1092.0
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: < 1/2 Acre, Corner Lot
  • Pool Features: None
  • View: None
  • View: No
  • Construction Type: Brick Veneer
  • Exterior Features: Storage
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: FAIRFAX ELEMENTARY
  • Middle Or Junior School: FAIRFAX ELEMENTARY

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 29, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Palacios Ada
Seller's Agent
Michael Walton
THE DENSON GROUP
Buyer's Agent
Michael Walton
THE DENSON GROUP
List Price
$64,000
Sold Price
$68,000
Premium/Discount to List
$4,000
6.25%
Current Estimated Value
$115,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,465
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
Jun 16, 2022
Sold by
Rmtp Trust
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Apr 30, 2019
Sold by
Barker Latisha
Bought by
Booker Latisha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,066
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 17, 2015
Sold by
Cotton Denise
Bought by
Barker Latisha
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
Palacios Ada $68,000 --
Secretary Of Housing And Urban Development -- Servicelink
Booker Latisha T $84,900 --
Barker Latisha $70,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Booker Latisha T $82,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $68,000 +6.3% $62 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $64,000 -- $59 / Sq Ft
Source: Lee County 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
2024 $597 $14,040 $900 $13,140
2023 $597 $14,040 $900 $13,140
2022 $597 $14,040 $900 $13,140
2021 $181 $5,920 $440 $5,480
2020 $181 $5,920 $440 $5,480
2019 $504 $11,860 $900 $10,960
2018 $560 $11,860 $900 $10,960
2017 $447 $10,520 $900 $9,620
2016 $447 $10,520 $900 $9,620
2015 $447 $10,520 $900 $9,620
2014 $447 $10,520 $900 $9,620
2013 $140 $5,260 $440 $4,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lee County Association of REALTORS®

MLS Number: 159781

APN: 17-06-13-3-002-063.000