NOT LISTED FOR SALE

406 Lake Wood Dr Gadsden, AL 35901

Estimated Value: $197,000 - $284,457

2 Beds
2 Baths
1,200 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $125,000 $104 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,393/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Eura Brown Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of September 2019

Great location right of Rainbow Drive. This property includes 2 bedrooms and 2 full baths. Fireplace, open floor plan. Beautiful kitchen cabinets. Kitchen appliances stay. Sunroom, large side deck.

Last Agent to Sell the Property

Kyle Ryan

ERA King Real Estate License #67903 Listed on: 08/05/2019

ERA King Real Estate

Last Buyer's Agent

Sue Holland

Sue Holland Realty LLC License #100473

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1986

Lot Details

  • 4,138

HOA Fees

  • $8 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Gadsden Elementary School
  • Gadsden City High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Lakewood Homes Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 010551505220001004.014

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,152

Year Built

Built in 1986

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Living Area: 1200
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Subdivision Name: Lakewood Homes
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Range
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Level: Second

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: N/A
  • Association: Yes

Schools

  • Middle Or Junior School: Gadsden

Lot Info

  • Parcel Number: 010551505220001004.014
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 9

MLS Schools

  • Elementary School: Eura Brown Elementary
  • High School: Gadsden City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2012
Sold by
Belue Lisa C and Belue William R
Bought by
Sissons Philip L and Sissons Rebecca
Current Estimated Value
$236,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,760
Interest Rate
3.53%
Mortgage Type
New Conventional
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
Sissons Philip L $125,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yon Ok Chin $100,000
Closed Sissons Philip L $100,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Off Market $125,000 -- --
09/12/2019 09/12/19 Sold $125,000 -3.8% $104 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $129,900 -- $108 / 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 $1,152 $23,520 $7,000 $16,520
2023 $1,152 $27,160 $7,000 $20,160
2022 $1,152 $23,520 $0 $0
2021 $1,004 $20,480 $7,000 $13,480
2020 $1,004 $20,480 $0 $0
2019 $980 $20,000 $0 $0
2017 $881 $17,980 $0 $0
2016 $881 $17,980 $0 $0
2015 $876 $17,980 $0 $0
2013 -- $18,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1125180

ValleyMLS.com

APN: 15-05-22-0-001-004.014