NOT LISTED FOR SALE

5255 Memory Ln Mount Olive, AL 35117

Estimated Value: $236,000 - $294,000

3 Beds
2 Baths
1,566 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $135,000 $86 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,455/month

69 Days on Market

Highlights

  • Wind Turbine Power
  • Cathedral Ceiling
  • Screened Porch
  • Bragg Middle School Rated 9+
  • Wood Flooring
  • Fenced Yard

About This Home

As of December 2012

Lucky You!!! In a Great Location close to the freeway, this wonderful home is Fully Updated, Clean and Comfortable Functional Floor Plan... Updates in the Large Eat-In Kitchen and Baths, Clean Paint and Floors complete this home. You'll love the Great Room and the Floor to Ceiling Real Brick Fireplace equipped with Gas Logs. There is also full unfinished day lite basement large enough to complete a 4th Bedroom, Full Bath and Large Den (Man Cave) and still have your 2 Car Garage... The back yard has mature Dogwoods and is fully fenced. Additionally, there is a Larger Laundry and Pantry Room off the Kitchen... THIS IS A MUST SEE

Last Agent to Sell the Property

David Wheeling

Extreme Agent Inc License #000073933 Listed on: 08/09/2012

Last Buyer's Agent

Tracey Ridener

RE/MAX Northern Properties

RE/MAX Northern Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1978

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Brick Fireplace
  • Gas Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Living Room
  • Screened Porch
  • Storm Doors
  • Laminate Countertops
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Split Vanities
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Garage
  • Basement Garage
  • Side Facing Garage

Eco-Friendly Details

  • Wind Turbine Power

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 14-10-3-004-003.029

Home Details

Home Type

Single Family

Year Built

1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1566
  • Legal Description: LOT 39 GARDENBROOK ESTS 3RD SECT
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Fireplace Details: Brick (FIREPL), Gas Starter
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Separate Shower, Separate Vanities
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Living, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style II: All Unfinished
  • Kitchen Countertops: Laminate
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1566

Exterior Features

  • Construction: 4 Side Brick
  • Exterior Features: Fenced Yard, Porch, Porch Screened
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Parking Features: Basement Parking, Lower Level

Utilities

  • Heating: Central (HEAT), Gas Heat
  • Cooling: Central (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 46
  • Garbage Fee Per: Quarterly

Lot Info

  • Assessor Parcel Number: 14-10-3-004-003.029
  • Lot Description: Interior Lot

Green Features

  • Energy Green Features: Ceiling Fans, Storm Door, Turbines

Tax Info

  • Tax District: MOUNT OLIVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Dec 19, 2012
Sold by
Mccoy Jared R
Bought by
Logan Daniel
Seller's Agent
David Wheeling
Extreme Agent Inc
Buyer's Agent
Tracey Ridener
RE/MAX Northern Properties
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$259,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,465
Avg. Annual Appreciation
5.21%
Original Mortgage
$132,554
Outstanding Balance
$91,838
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$170,440

Purchase Details

Closed on
Sep 29, 2009
Sold by
U S Bank National Association
Bought by
Mccoy Jared R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Nail Juanita and Nail Kevin
Bought by
Lollar Stephen and Lollar Marlena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,430
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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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
Logan Daniel $135,000 --
Mccoy Jared R -- None Available
Lollar Stephen $134,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Daniel $132,554
Previous Owner Mccoy Jared R $90,400
Previous Owner Lollar Stephen $94,430
Previous Owner Lollar Stephen $40,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $135,000 -9.9% $86 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $149,900 -- $96 / Sq Ft
Source: Greater Alabama MLS

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 $1,170 $24,420 -- --
2022 $955 $20,120 $5,210 $14,910
2021 $742 $15,860 $5,210 $10,650
2020 $742 $15,860 $5,210 $10,650
2019 $742 $15,860 $0 $0
2018 $638 $13,800 $0 $0
2017 $619 $13,420 $0 $0
2016 $597 $12,980 $0 $0
2015 $597 $12,980 $0 $0
2014 $1,555 $13,600 $0 $0
2013 $1,555 $12,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 539993

Greater Alabama MLS

APN: 14-00-10-3-004-003.029