NOT LISTED FOR SALE

505 County Road 531 Anderson, AL 35610

Estimated Value: $402,000 - $497,000

2 Beds
2 Baths
2,655 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $289,900 $109 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,388/month

About This Home

As of October 2020

This brick rancher on 20 acres is a must see! Completely remodeled in 2013! New HVAC, windows, wiring, cabinets, and more! Wood flooring and tile throughout. Large 30x30 detached garage/shop, and 40x60 pole barn on beautiful land!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Loranca Jose G and Loranca Shirley F
Bought by
Orames Alfred J and Orames Christina L
Current Estimated Value
$432,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Outstanding Balance
$37,581
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$394,967

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 16, 2020
Sold by
Rose Christopher Black and Rose Jamie Farmer
Bought by
Orames Alfred J and Orames Christina L
Seller's Agent
Caleb McConnell
Innovative Realty Solutions
Buyer's Agent
Wendy Hammonds
Forte Realty
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$300,336
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 9, 2013
Sold by
Haraway Judy Gail
Bought by
Rose Christopher Blake and Rose Jamie Farmer
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Orames Alfred J $49,500 Other
Orames Alfred J $289,900 None Available
Rose Christopher Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orames Alfred J $41,500
Previous Owner Orames Alfred J $300,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Off Market $289,900 -- --
10/16/2020 10/16/20 Sold $289,900 0.0% $109 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $289,900 -- $109 / Sq Ft

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 $1,227 $35,280 $13,560 $21,720
2023 $1,227 $12,320 $12,320 $0
2022 $1,551 $42,880 $0 $0
2021 $634 $18,340 $0 $0
2020 $589 $17,040 $0 $0
2019 $585 $16,920 $0 $0
2018 $525 $15,220 $0 $0
2017 $508 $15,660 $0 $0
2016 $508 $14,720 $0 $0
2015 $508 $14,720 $0 $0
2014 $513 $14,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb McConnell

    Seller's Agent in 2020

    Caleb McConnell

    Innovative Realty Solutions

    (256) 497-7318

    265 Total Sales

    Caleb McConnell
    Section Image
  • Wendy Hammonds

    Buyer's Agent in 2020

    Wendy Hammonds

    Forte Realty

    (256) 874-6808

    80 Total Sales

    Wendy Hammonds
    Section Image
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Map

Alabama Lauderdale County Anderson 35610

505 County Road 531, Anderson, AL

This home is located at 505 County Road 531, Anderson, AL 35610 and is currently estimated at $432,548, approximately $162 per square foot. 505 County Road 531 is a home located in Lauderdale County with nearby schools including Lauderdale County High School and Underwood Elementary School.

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.

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