NOT LISTED FOR SALE

507 Reed Rd Guntersville, AL 35976

Estimated Value: $196,000 - $250,000

3 Beds
2 Baths
1,640 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $54,900 $33 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $1,236/month

29 Days on Market

Highlights

  • No HOA
  • Guntersville Elementary School Rated 10
  • Central Heating and Cooling System

About This Home

As of March 2012

Foreclosure Home~Corner lot~Guntersville City Limits~Spacious 1640 sqft brick home~3 bedrooms 2 baths~Living room & den~Covered front porch~Oversized "L" shaped deck~12x12 & 7x10 storage buildings~Convenient location to Guntersville and Albertville close to Wal-Mart, Lowes, Applebees & Staples~Repairs needed for home to qualify for RD/VA/FHA type loan~One year right of redemption may apply~Foreclosure Date 01/19/2012~2011 Property Taxes $260.90

Last Agent to Sell the Property

Kristie Richards

Hometown Realty, LLC. License #60655 Listed on: 02/14/2012

Last Buyer's Agent

Ernie Tidmore

South Towne Realtors, LLC License #71591

South Towne Realtors, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,021

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150 x 135 x 140 x 125

Interior Spaces

  • 1,640 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Guntersville Elementary School
  • Guntersville High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mountainbrook Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1507250000089000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,021

Lot Details

0

Listing Details

  • Living Area: 1640
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 150 x 135 x 140 x 125
  • Subdivision Name: Mountainbrook
  • Architectural Style: Ranch/1 Story
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 140.359999
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 174.08
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13.6
  • Room Family Room Area: 216
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 186
  • Room Kitchen Area: 125.4
  • Room Master Bedroom Area: 164.56

Exterior Features

  • Property Condition: Unknown

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Guntersville

Lot Info

  • Parcel Number: 1507250000089000
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 1

MLS Schools

  • Elementary School: Guntersville
  • High School: Guntersville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Spence Randy and Spence Lisa
Bought by
Jacob Nelly and Jacob Anthonio Albert
Current Estimated Value
$216,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,800
Outstanding Balance
$319,193
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
-$89,856

Purchase Details

Closed on
Oct 7, 2019
Sold by
Jordy Jacob and Jordy Jacob Caroline
Bought by
Jacob Nelly and Jacob Anthonio Albert

Purchase Details

Closed on
Aug 26, 2015
Sold by
Madak John and Madak Brenda K
Bought by
Jacob Jordy and Jacob Caroline

Purchase Details

Closed on
Jul 17, 2015
Sold by
Madak John
Bought by
Madak John and Madak Brenda K

Purchase Details

Listed on
Feb 14, 2012
Closed on
Mar 13, 2012
Sold by
Jp Morgan Chase Bank N A
Bought by
Madak John
Seller's Agent
Kristie Richards
Hometown Realty, LLC.
Buyer's Agent
Ernie Tidmore
South Towne Realtors, LLC
List Price
$62,900
Sold Price
$54,900
Premium/Discount to List
-$8,000
-12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jan 19, 2012
Sold by
Downey Thomas E
Bought by
Jpmorgan Chase Bank Na
Seller's Agent
Kristie Richards
Hometown Realty, LLC.
Buyer's Agent
Ernie Tidmore
South Towne Realtors, LLC
List Price
$62,900
Sold Price
$54,900
Premium/Discount to List
-$8,000
-12.72%
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
Jacob Nelly $446,000 None Available
Jacob Nelly -- None Available
Jacob Jordy $88,000 None Available
Madak John -- None Available
Madak John -- None Available
Jpmorgan Chase Bank Na $79,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Nelly $356,800
Previous Owner Madak John $63,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Off Market $54,900 -- --
03/14/2012 03/14/12 Sold $54,900 -12.7% $33 / Sq Ft
02/14/2012 02/14/12 For Sale $62,900 -- $38 / 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 $1,021 $23,740 $0 $0
2023 $1,021 $23,740 $5,000 $18,740
2022 $1,021 $23,740 $0 $0
2021 $458 $11,880 $0 $0
2020 $378 $10,020 $0 $0
2017 $313 $8,500 $0 $0
2015 -- $15,540 $0 $0
2014 -- $14,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kristie Richards

    Hometown Realty, LLC.

    (256) 302-7733

    3 Total Sales

    Kristie Richards
    Section Image

  • E

    Buyer's Agent in 2012

    Ernie Tidmore

    South Towne Realtors, LLC

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 701867

ValleyMLS.com

APN: 150725-0-000-089000

Alabama Marshall County Guntersville 35976

507 Reed Rd, Guntersville, AL

This home is located at 507 Reed Rd, Guntersville, AL 35976 since 14 February 2012 and is currently estimated at $216,025, approximately $131 per square foot. 507 Reed Rd is a home located in Marshall County with nearby schools including Guntersville Elementary School, Cherokee Elementary School, and Guntersville Middle School.

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