NOT LISTED FOR SALE

465 Cobb Rd Arab, AL 35016

Estimated Value: $432,000 - $546,000

3 Beds
2 Baths
1,856 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $475,000 $256 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,564/month

105 Days on Market

Highlights

  • No HOA
  • Brindlee Mountain Primary School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2024

Full brick home sitting on 20 beautiful acres! This well-maintained home has three bedrooms and two full baths, foyer, kitchen, formal dining room, large laundry room, living room and den. Den opens to a covered porch where you can sit and enjoy the incredible view! There is a one car attached, side entry garage with large storage/work area and a concrete drive with extra parking. The 1500 square foot barn has two separate areas and a concrete floor. Property has some mature trees but is mostly open land with a small, wet weather stream. This is truly the best of both worlds! Country living with easy access to Arab, Guntersville, Huntsville, shopping, restaurants and health care.

Last Agent to Sell the Property

Teressa Campbell

BH&G Southern Premiere Agency License #82027 Listed on: 07/11/2024

Last Buyer's Agent

Lachun Weaver

RE/MAX Unlimited License #052962

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1992

Lot Details

  • 20

Interior Spaces

  • 1,856 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Side Facing Garage

Schools

  • Brindlee Mtn Midd Elementary School
  • Brindlee Mtn High School

Additional Features

  • 20 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1409290000023.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$0

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Living Area: 1856
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1992
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Living Room Area: 168
  • Room Kitchen Area: 196
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 182

Garage/Parking

  • Parking Features: Garage-One Car, Garage-Attached, Garage Faces Side

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Brindlee Mtn Midd School

Lot Info

  • Parcel Number: 1409290000023.000
  • Lot Size Sq Ft: 871200
  • ResoLotSizeUnits: Acres

Green Features

MLS Schools

  • Elementary School: Brindlee Elem School
  • High School: Brindlee Mtn High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 25, 2024
Sold by
Hawkinsa Rebecca J and Hill Sandra K
Bought by
Gallaway John D and Gallaway Kimberly S
Seller's Agent
Teressa Campbell
BH&G Southern Premiere Agency
Buyer's Agent
Lachun Weaver
RE/MAX Unlimited
List Price
$545,000
Sold Price
$475,000
Premium/Discount to List
-$70,000
-12.84%
Views
51
Current Estimated Value
$488,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,882
Avg. Annual Appreciation
2.92%
Original Mortgage
$380,000
Outstanding Balance
$376,196
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$112,686

Purchase Details

Closed on
Feb 13, 2019
Sold by
Walls Janie Lee
Bought by
Hawkins Rebecca J and Hill Sandra K
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
Gallaway John D $475,000 None Listed On Document
Hawkins Rebecca J $184,080 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallaway John D $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $475,000 -12.8% $256 / Sq Ft
07/11/2024 07/11/24 For Sale $545,000 -- $294 / 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 $0 $22,120 $0 $0
2023 $0 $21,120 $0 $0
2022 $0 $20,560 $0 $0
2021 $0 $19,160 $0 $0
2020 $619 $16,500 $0 $0
2017 $0 $18,420 $0 $0
2015 -- $17,240 $0 $0
2014 -- $17,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21865517

ValleyMLS.com

APN: 140929-0-000-023000