NOT LISTED FOR SALE

440 5th St NW Arab, AL 35016

Estimated Value: $112,000 - $178,000

3 Beds
3 Baths
1,406 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $110,000 $78 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $743/month

19 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Heating Available
  • Arab Primary School Rated 10
  • Window Unit Cooling System

About This Home

As of July 2022

**Calling all investors!!** This could be your next flip or rental property with a little sweat equity. Located conveniently in walkable distance to restaurants and shopping, this 1,406 square foot, 3 bed 2.5 bath home boasts good bones and an open floor plan. The half acre lot is level with plenty of mature trees, and ready for landscaping. Help this sweet little starter home recover its true potential! Make this home your new investment today.

Last Agent to Sell the Property

Kurt Olson

Keller Williams Chattanooga License #133199 Listed on: 06/09/2022

Keller Williams Chattanooga

Last Buyer's Agent

Jane Cedotal

Leading Edge, R.E. Group License #95454

Leading Edge, R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $334

Year Built

  • Built in 1948

Lot Details

  • 0.51 Acre Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,406 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Arab Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1306234002039.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$334

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Living Area: 1406
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Subdivision Name: Arab
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1948
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 99
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: First
  • Room Living Room Area: 435
  • Room Kitchen Area: 130
  • Room Master Bedroom Area: 132

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1306234002039.000
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: N/A
  • Tax Lot: N/A

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 27, 2022
Sold by
Gdp Properties Llc
Bought by
Davidson Michael J
Seller's Agent
Kurt Olson
Keller Williams Chattanooga
Buyer's Agent
Jane Cedotal
Leading Edge, R.E. Group
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$132,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,240
Avg. Annual Appreciation
6.12%
Original Mortgage
$101,000
Outstanding Balance
$96,889
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$35,351

Purchase Details

Listed on
Sep 25, 2013
Closed on
Apr 4, 2014
Sold by
Bagwell Richard and Bagwell Max
Bought by
Jones Melinda Ann
Seller's Agent
Dianne Prestridge
BH&G Southern Premiere Agency
Buyer's Agent
Freddy Hill
Alabama Professional Realty
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
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
Davidson Michael J $106,500 Wilmer & Lee Pa
Jones Melinda Ann $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Michael J $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $110,000 -12.0% $78 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $125,000 +228.9% $89 / Sq Ft
07/06/2014 07/06/14 Off Market $38,000 -- --
04/04/2014 04/04/14 Sold $38,000 -23.8% $35 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $49,900 -- $45 / 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 $334 $9,560 $0 $0
2023 $334 $9,160 $760 $8,400
2022 $473 $11,680 $0 $0
2021 $448 $10,840 $0 $0
2020 $371 $9,160 $0 $0
2017 $368 $9,080 $0 $0
2015 -- $8,580 $0 $0
2014 -- $11,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1810507

ValleyMLS.com

APN: 130623-4-002-039000