NOT LISTED FOR SALE

488 Sam Gibbs Rd Arab, AL 35016

Estimated Value: $149,000 - $230,000

3 Beds
2 Baths
1,391 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $71,000 $51 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,077/month

158 Days on Market

Highlights

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

About This Home

As of October 2015

SPECIAL FINANCING AVAILABLE SELLERS WEBSITE WWW.HOMESTEPS.COM 95% CONVENTIONAL LOAN NO PMI NO APPRAISAL. FREDDIE MAC FIRST LOOK INITIATIVE OFFERS ACCEPTED BY OWNER OCCUPANTS ONLY UNTIL April 17, 2015.

Last Agent to Sell the Property

Alan Graben

South Towne Realtors, LLC License #48748 Listed on: 03/28/2015

South Towne Realtors, LLC

Last Buyer's Agent

Barbara Harbin

RE/MAX Unlimited License #82950

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $498

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 100 x 295 x 148 x 344

Interior Spaces

  • 1,391 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1207350000020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$498

Lot Details

0

Listing Details

  • Living Area: 1391
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Lot Size: 100 x 295 x 148 x 344
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: See Remarks
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Living Room Area: 216
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 144
  • Room Dining Room Area: 216

Utilities

  • Heating: Central 1, Gas(n/a use NGas or PGas)
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1207350000020000
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2015
Closed on
Sep 1, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lewis Kayla
Seller's Agent
Alan Graben
South Towne Realtors, LLC
Buyer's Agent
Barbara Harbin
RE/MAX Unlimited
List Price
$89,900
Sold Price
$71,000
Premium/Discount to List
-$18,900
-21.02%
Current Estimated Value
$195,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,207
Avg. Annual Appreciation
10.66%
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2014
Sold by
Ryan Mildred and Jpmorgan Chase Bank N A
Bought by
Federal Home Loan Mortgage Corporation
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
Lewis Kayla $71,000 None Available
Federal Home Loan Mortgage Corporation $32,682 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kayla $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Off Market $71,000 -- --
10/06/2015 10/06/15 Sold $71,000 -21.0% $51 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $89,900 -- $65 / 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 $498 $13,080 $0 $0
2023 $498 $12,400 $0 $0
2022 $457 $12,000 $0 $0
2021 $410 $11,020 $0 $0
2020 $310 $9,680 $0 $0
2017 $278 $8,820 $0 $0
2015 -- $17,640 $0 $0
2014 -- $17,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Graben

    Seller's Agent in 2015

    Alan Graben

    South Towne Realtors, LLC

    (256) 302-1525

    16 Total Sales

    Alan Graben
    Section Image

  • B

    Buyer's Agent in 2015

    Barbara Harbin

    RE/MAX

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1015625

ValleyMLS.com

APN: 120735-0-000-020000

Alabama Marshall County Arab 35016

488 Sam Gibbs Rd, Arab, AL

This home is located at 488 Sam Gibbs Rd, Arab, AL 35016 since 28 March 2015 and is currently estimated at $195,207, approximately $140 per square foot. 488 Sam Gibbs Rd is a home located in Marshall County with nearby schools including Brindlee Mountain Elementary School, Brindlee Mountain Primary School, and Brindlee Mt Middle School.

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