NOT LISTED FOR SALE

41 3rd St NE Arab, AL 35016

Estimated Value: $123,661 - $158,000

2 Beds
1 Bath
1,096 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $125,000 $114 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $793/month

36 Days on Market

Highlights

  • No HOA
  • Recessed Lighting
  • Ceiling Fan
  • Arab Primary School Rated 10
  • Fire Pit

About This Home

As of July 2022

ADORABLE-AFFORABLE! WHY PAY RENT WHEN YOU CAN AFFORD TO OWN THIS HOME! CHARMING STARTER BUNGALOW WITH PURSE APPEAL. EVERYTHING A COOK COULD WANT - SPACIOUS KITCHEN WITH GAS STOVE, BUILT IN MICROWAVE, DISHWASHER, 4 DOOR FRENCH REFRIGERATOR, PLENTY OF COUNTERSPACE, AND FARMHOUSE CABINETRY. ADDED BONUS - WASHER AND DRYER WILL STAY WITH THE HOME! DECK PROVIDES TRANQUIL SETTING OVERLOOKING LARGE FENCED BACKYARD AND ALLOWS PLENTY OF ROOM FOR BBQ OR PLAY! YOU CAN AFFORD TO FALL IN LOVE WITH THIS ADORABLE HOME AND START THE SUMMER OF 2022 IN COMFORT!

Last Agent to Sell the Property

Lisa Chambers

ERA Waldrop Real Estate License #100936 Listed on: 05/17/2022

Co-Listed By

RICHARD CHAMBERS

ERA Waldrop Real Estate License #119598

Last Buyer's Agent

NON-MLS AGENT

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 47x150
  • Back Yard Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Fire Pit

Schools

  • Arab Elementary School
  • Arab Middle School
  • Arab High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Arab Community
  • Other See Remarks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-07-25-2-001-023.000
  • Tax Block A

Home Details

Home Type

Single Family

Est. Annual Taxes

$355

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1096
  • Built Before 1978 (Y/N): Yes
  • Closing Attorney: CARTON AND JACOBS
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 47X150
  • Multiple Level Y N: No
  • Sp Lp Percent: 100.08
  • Subdivision Name: Other See Remarks
  • Mortgage Lender: SOUTHERN MORTGAGE
  • Carport: No
  • GarageYN: No
  • Agent Only_ L A1 User Code: C1070201502465
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s) (Interior), Recessed Lighting
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Basement YN: No
  • LivingArea: 1096
  • Price Per S Q F T: 114.05
  • Total Bedrooms: 2
  • FireplaceYN: No
  • Main Level Bedrooms: 2

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Fencing: Back Yard
  • ExteriorFeatures: Fire Pit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public (WaterSource)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup

Condo/Co-op/Association

  • Association: No
  • Community Name: Arab

Schools

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

Lot Info

  • Acres: 0.16
  • Parcel Num: 13-07-25-2-001-023.000

Building Info

  • Year Built: 1940
  • BuildingAreaTotal: 1096

Tax Info

  • Year: 2021
  • Tax Annual Amount: 354.78
  • Tax Block: A

MLS Schools

  • Elementary School: Arab Elementary
  • Middle School: Arab Middle
  • HighSchool: Arab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 29, 2022
Sold by
Weston Partain Larry and Weston Madison
Bought by
Lowery Katherine Odessa
Seller's Agent
Lisa Chambers
ERA Waldrop Real Estate
Buyer's Agent
NON-MLS AGENT
NON-MLS OFFICE
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$141,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,129
Avg. Annual Appreciation
2.24%
Original Mortgage
$126,262
Outstanding Balance
$121,520
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$12,178

Purchase Details

Listed on
Apr 17, 2020
Closed on
Apr 20, 2020
Sold by
Shaw Michael and Shaw Stephanie
Bought by
Partain Larry Weston
Seller's Agent
AGENT NON-MEMBER
CULLMAN ASSOCIATION OF REALTORS
Buyer's Agent
RICHARD CHAMBERS
ERA Waldrop Real Estate
List Price
$88,500
Sold Price
$87,000
Premium/Discount to List
-$1,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%
Original Mortgage
$91,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2018
Sold by
Wilson Michael
Bought by
Shaw Michael and Shaw Stephanie

Purchase Details

Closed on
Apr 19, 2018
Sold by
Ott Willaim C and Ott Michele D
Bought by
Wilson Michael

Purchase Details

Closed on
Oct 10, 2008
Sold by
Ott William C and Ott Denise
Bought by
Ott William C and Ott Denise

Purchase Details

Closed on
Sep 27, 2005
Sold by
White Catheryn Ann
Bought by
Ott William C and Ott Denise
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
Lowery Katherine Odessa -- Cartron & Jacobs Llc
Partain Larry Weston $87,000 None Available
Shaw Michael $10,000 None Available
Wilson Michael $36,500 None Available
Ott William C $10,000 None Available
Ott William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowery Katherine Odessa $126,262
Previous Owner Partain Larry Weston $91,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $125,000 +0.1% $114 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $124,900 +43.6% $114 / Sq Ft
07/19/2020 07/19/20 Off Market $87,000 -- --
04/20/2020 04/20/20 Sold $87,000 0.0% $79 / Sq Ft
04/20/2020 04/20/20 Sold $87,000 -1.7% $79 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $88,500 0.0% $81 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $88,500 +1.7% $81 / Sq Ft
01/31/2020 01/31/20 Off Market $87,000 -- --
01/31/2020 01/31/20 For Sale $88,500 0.0% $81 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $88,500 -- $81 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $247 $7,400 $0 $0
2023 $247 $7,100 $0 $0
2022 $385 $9,500 $0 $0
2021 $355 $8,760 $0 $0
2020 $97 $3,660 $0 $0
2017 $293 $7,240 $0 $0
2015 -- $6,740 $0 $0
2014 -- $6,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 505559

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 130725-2-001-023000