$36,000
SOLD APR 27, 2015

402 Nichols Way Unit 7 Trussville, AL 35173

Downtown Trussville Neighborhood
0.38 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

16% Below List Price

330 Days on Market

About This Lot

As of April 2015

Back on Market! Financing fell through! Heart of Trussville! Rare opportunity for this great full size level home site in Historic Downtown Area of Trussville. Convenient to shopping and restaurants. Lot dimensions are 110 ft on front & back and 150 ft on right & left side.

Last Agent to Sell the Property

Terry DeWitt

Lovejoy Realty Inc Listed on: 05/13/2014

Co-Listed By

Micshelle DeWitt

Lovejoy Realty Inc

Last Buyer's Agent

Gene Evans

Avast Realty- Birmingham License #000056225

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,506

Year Built

  • 2016

Lot Details

  • Level Lot

Schools

  • Paine Elementary School
  • Hewitt-Trussville Middle School
  • Hewitt-Trussville High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-23-3-002-018.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,506

Year Built

2016

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: Lot 7 of a resur of part of plots C &F of Martins survey 110/1
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Exterior Features

  • Road Access: City Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Sewer, Water
  • Utilities On-site: Cable Onsite, Electricity, Gas, Phone, Sewer, Water

Schools

  • Elementary School: PAINE
  • Middle School: HEWITT-TRUSSVILLE
  • High School: HEWITT-TRUSSVILLE

Lot Info

  • Assessor Parcel Number: 12-23-3-002-018.000
  • Lot Description: Level Lot, Subdivision
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 7

Tax Info

  • Tax District: Trussville

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: PAINE
  • High School: HEWITT-TRUSSVILLE
  • Jr Middle School: HEWITT-TRUSSVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2017
Sold by
Cater Neal Dolan
Bought by
Riggins Peyton Steven and Riggins Kristin Wilder
Total Days on Market
330
Current Estimated Value
$411,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Outstanding Balance
$122,090
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$316,329

Purchase Details

Listed on
May 13, 2014
Closed on
Apr 27, 2015
Sold by
Hazel Linda C
Bought by
Cater Neal Dolan and Cater Sandy R
Seller's Agent
Terry DeWitt
Lovejoy Realty Inc
Buyer's Agent
Gene Evans
Avast Realty- Birmingham
List Price
$42,900
Sold Price
$36,000
Premium/Discount to List
-$6,900
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.08%

Purchase Details

Listed on
Oct 4, 2013
Closed on
Oct 24, 2013
Sold by
Mann John M
Bought by
Hazel Linda C and Johnson Kimberly H
Seller's Agent
Terry DeWitt
Lovejoy Realty Inc
Buyer's Agent
Terry DeWitt
Lovejoy Realty Inc
List Price
$38,000
Sold Price
$27,000
Premium/Discount to List
-$11,000
-28.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.99%

Purchase Details

Closed on
Sep 5, 2010
Sold by
Braich Patrick Mark and Mann Noel Leigh
Bought by
Mann John M
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 Type Sale Price Title Company
Warranty Deed $245,500 --
Warranty Deed $36,000 --
Warranty Deed $27,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,500 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $205,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $36,000 -16.1% --
04/08/2015 04/08/15 Pending -- -- --
05/13/2014 05/13/14 For Sale $42,900 +58.9% --
10/24/2013 10/24/13 Sold $27,000 -28.9% --
10/04/2013 10/04/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $38,000 -- --
Source: Greater Alabama MLS

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 $2,506 $48,280 -- --
2022 $2,178 $35,910 $6,000 $29,910
2021 $1,601 $26,630 $6,000 $20,630
2020 $1,601 $26,630 $6,000 $20,630
2019 $1,601 $26,640 $0 $0
2018 $1,425 $23,800 $0 $0
2017 $1,425 $23,800 $0 $0
2016 $431 $6,940 $0 $0
2015 $431 $6,940 $0 $0
2014 $397 $6,940 $0 $0
2013 $397 $6,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry DeWitt

    Seller's Agent in 2015

    Terry DeWitt

    Lovejoy Realty Inc

    (205) 966-3425

    122 Total Sales

    Terry DeWitt
    Section Image
  • Micshelle DeWitt

    Seller Co-Listing Agent in 2015

    Micshelle DeWitt

    Lovejoy Realty Inc

    (205) 966-3425

    117 Total Sales

    Micshelle DeWitt
    Section Image

  • G

    Buyer's Agent in 2015

    Gene Evans

    Avast Realty- Birmingham

See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 596996

Greater Alabama MLS

APN: 12-00-23-3-002-018.000

Alabama Jefferson County Trussville 35173 Downtown Trussville

402 Nichols Way Unit 7, Trussville, AL

This home is located at 402 Nichols Way Unit 7, Trussville, AL 35173 and is currently priced at $36,000. This property was built in 2016. 402 Nichols Way Unit 7 is a home located in Jefferson County with nearby schools including Cahaba Elementary School, Hewitt-Trussville Middle School, and Hewitt-Trussville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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