NOT LISTED FOR SALE

4962 Patterson Rd Montgomery, AL 36116

Estimated Value: $236,000 - $266,000

4 Beds
2.5 Baths
2,802 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $143,500 $51 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,457/month

68 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of February 2013

This price is NOT a mistake, but it is a STEAL! This country manor has so much space inside and outside, too! Have you been wishing you had room for the KIDS to run around outside without worrying about traffic? WELCOME HOME! Have you been dreaming of sitting outside at night and being able to see every single star in the sky? Well, BYE-BYE city lights! It's all clear out here!! WELCOME HOME!! You will find that many great renovations have been started here, but enough is left for you to personalize this HOME! There are FOUR BEDROOMS and all are large and have great closets! There are THREE LIVING AREAS, and much more! If you have been looking for peace and quiet, then this tranquil setting is just what you have been dreaming of! Grab a licensed REALTOR and tell them you are ready to own your own little piece of heaven! This is a Fannie Mae HomePath Property. Purchase for as little as 3% down! SOLD AS IS. Approved for HomePath Renovation Financing. Condition/Operation of systems/structure unknown to agent or owner.

Last Agent to Sell the Property

Wanda Ellis

OurTown Realty License #0088813 Listed on: 10/24/2012

OurTown Realty

Last Buyer's Agent

Beverely Smith

Bees Realty License #0053491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1968

Lot Details

  • 2.42

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,802 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mckee Middle School
  • Lanier Senior High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,120

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Total Sq Ft: 2802
  • Year Built: 1968
  • New Construction: No
  • Special Features: 20

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: 2 or More
  • Flooring: Carpet - Wall to Wall, Hard Tile, Laminate
  • Kitchen Feature: Pantry
  • Room Count: 11

Exterior Features

  • Construction: Brick
  • Exterior Feature: Patio-Covered
  • Flood: Unknown
  • Foundation: Slab
  • Pool: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Water: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Middle School: McKee Middle School
  • High School: Lanier Senior High School

Lot Info

  • Lot Dimension: 105600

Rental Info

  • Leased: No

MLS Schools

  • School High: Lanier Senior High School
  • School Middle: McKee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Feb 13, 2013
Sold by
Federal National Mortgage Association
Bought by
Allen Yolanda L
Seller's Agent
Wanda Ellis
OurTown Realty
Buyer's Agent
Beverely Smith
Bees Realty
List Price
$149,900
Sold Price
$143,500
Premium/Discount to List
-$6,400
-4.27%
Current Estimated Value
$252,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,775
Avg. Annual Appreciation
4.41%
Original Mortgage
$136,325
Outstanding Balance
$96,052
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$150,369

Purchase Details

Closed on
Mar 21, 2012
Sold by
Hart Terrall
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 26, 2005
Sold by
Crews Gerald W and Crews Peggy B
Bought by
Hart Terrall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Allen Yolanda L $143,500 None Available
Federal National Mortgage Association $152,936 None Available
Hart Terrall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Yolanda L $136,325
Previous Owner Hart Terrall $148,000
Previous Owner Crews Gerald W $42,350
Previous Owner Crews Gerald W $102,100
Previous Owner Crews Gerald W $100,000
Previous Owner Crews Gerald W $30,000
Closed Hart Terrall $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2013 02/20/13 Sold $143,500 -4.3% $51 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $149,900 -- $53 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $1,120 $23,720 $2,050 $21,670
2023 $1,120 $25,000 $2,860 $22,140
2022 $840 $24,130 $2,750 $21,380
2021 $703 $20,380 $0 $0
2020 $723 $20,900 $3,060 $17,840
2019 $702 $20,330 $3,190 $17,140
2018 $699 $19,130 $2,980 $16,150
2017 $625 $36,460 $6,620 $29,840
2014 $627 $18,280 $3,270 $15,010
2013 -- $35,680 $8,520 $27,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 296834

Montgomery Area Association of REALTORS®

APN: 15-02-10-4-002-017.000