NOT LISTED FOR SALE

4540 Lake Ave Unit 7&8 Bessemer, AL 35022

Estimated Value: $363,000 - $439,000

2 Acres
$207,356 Price per Acre
87,120 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $35,000

Est. 1,085% increase in value since last sale

Current estimated payment $2,314/month

About This Lot

As of February 2021

For comps only!

Last Agent to Sell the Property

Carole Lowe

ARC Realty 280 Listed on: 06/01/2020

ARC Realty 280

Last Buyer's Agent

Carole Lowe

ARC Realty 280 Listed on: 06/01/2020

ARC Realty 280

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $125

Lot Details

  • 2 Acre Lot
  • 2 Lots in the community
  • Property is zoned R1

Listing and Financial Details

  • Assessor Parcel Number 42-00-31-4-000-026.000

Property Details

Property Type

Land

Est. Annual Taxes

$125

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: LOT 7 & 8 BLK C RESURVEY OF HAYES SUBDIVISION 2ND SECTOR MB 45 PG 6
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Lot Info

  • Assessor Parcel Number: 42-00-31-4-000-026.000
  • Number Acres: 2
  • Zoning: R1
  • Best Use Per Zone: Residential
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential

Tax Info

  • Tax District: County
  • Annual Tax: 125

Multi Family

  • Number Of Lots: 2-3 Lots

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Parrish Allen
Bought by
Parrish Pete and Lovell Jacie Hope
Current Estimated Value
$414,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$246,660
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$168,051

Purchase Details

Listed on
Jun 1, 2020
Closed on
Feb 26, 2021
Sold by
Hyde Mary C
Bought by
Parrish Pete and Parrish Allen
Seller's Agent
Carole Lowe
ARC Realty 280
Buyer's Agent
Carole Lowe
ARC Realty 280
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.79%
Original Mortgage
$252,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Parrish Pete $10,000 --
Parrish Pete $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Pete $260,000
Previous Owner Parrish Pete $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $35,000 0.0% --
06/01/2020 06/01/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $35,000 -- --
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 $1,719 $40,200 -- --
2022 $125 $5,000 $5,000 $0
2021 $125 $5,000 $5,000 $0
2020 $163 $5,000 $5,000 $0
2019 $125 $2,500 $0 $0
2018 $154 $3,080 $0 $0
2017 $154 $3,080 $0 $0
2016 $154 $3,080 $0 $0
2015 $154 $3,080 $0 $0
2014 $153 $3,080 $0 $0
2013 $153 $3,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carole Lowe

    Seller's Agent in 2021

    Carole Lowe

    ARC Realty 280

    (205) 908-5428

    5 in this area

    28 Total Sales

    Carole Lowe
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Map

Source: Greater Alabama MLS

MLS Number: 1277514

Greater Alabama MLS

APN: 42-00-31-4-000-026.000

Alabama Jefferson County Bessemer 35022

4540 Lake Ave Unit 7&8, Bessemer, AL

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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