NOT LISTED FOR SALE

505 4th St NW Arab, AL 35016

Estimated Value: $176,000 - $260,000

4 Beds
1 Bath
2,000 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $43,000 $22 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $1,153/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Storm Windows
  • Arab Primary School Rated 10
  • No HOA
  • Attic Fan

About This Home

As of December 2012

Spacious older home has large kitchen with huge pantry, LR, DR with built-in china cabinet and book case, 4 BR, computer room. Situated on large treed lot with storm shelter. Pecan, fruit trees, and garden spot. Convenient to shopping and just 15 minutes from Guntersville Lake. Being sold "As Is."

Last Agent to Sell the Property

Alan Graben

South Towne Realtors, LLC License #48748 Listed on: 10/24/2012

South Towne Realtors, LLC

Last Buyer's Agent

Larry Walden

Hometown Realty, LLC. License #21108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 125 x 193

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • Crawl Space
  • Attic Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1306234002025000

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Lot Details

0

Listing Details

  • Living Area: 2000
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 125 x 193
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Traditional
  • New Construction: No
  • Efficiency: Wh Hs Attic Fan
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Storm Window(s)
  • Room Bedroom4 Area: 154
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 168
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: First
  • Room Living Room Area: 240
  • Room Kitchen Area: 169
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 238
  • Room Dining Room Area: 168

Utilities

  • Heating: Gas(n/a use NGas or PGas)
  • Cooling: None
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1306234002025000
  • Lot Size Sq Ft: 23958
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: *

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Nov 29, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Graves Moody
Seller's Agent
Alan Graben
South Towne Realtors, LLC
Buyer's Agent
Larry Walden
Hometown Realty, LLC.
List Price
$44,900
Sold Price
$43,000
Premium/Discount to List
-$1,900
-4.23%
Current Estimated Value
$203,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,465
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Simmons Jeffrey E and Simmons Sally Ann
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 27, 2007
Sold by
Davis Odell J
Bought by
Simmons Jeffrey E and Simmons Sally Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,327
Interest Rate
6.15%
Mortgage Type
New Conventional
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
Graves Moody $43,000 Servicelink
Federal Home Loan Mortgage Corporation $74,000 None Available
Simmons Jeffrey E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Jeffrey E $92,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2013 03/05/13 Off Market $43,000 -- --
12/03/2012 12/03/12 Sold $43,000 -4.2% $22 / Sq Ft
11/03/2012 11/03/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $44,900 -- $22 / 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 $995 $22,960 $0 $0
2023 $930 $21,980 $2,140 $19,840
2022 $859 $21,220 $0 $0
2021 $846 $20,900 $0 $0
2020 $714 $17,640 $0 $0
2017 $715 $17,660 $0 $0
2015 -- $17,780 $0 $0
2014 -- $17,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 809614

ValleyMLS.com

APN: 130623-4-002-025000