NOT LISTED FOR SALE

5261 Memory Ln Mount Olive, AL 35117

Estimated Value: $217,000 - $303,000

3 Beds
2 Baths
1,428 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $149,900 $105 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,456/month

183 Days on Market

Highlights

  • Covered Deck
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Bragg Middle School Rated 9+
  • Wood Flooring
  • Breakfast Room

About This Home

As of February 2018

Spacious and updated home! Fresh paint and new hardwoods throughout! Floor plan features a huge great room with vaulted ceiling and wood-burning fireplace. There's a formal dining room along with a breakfast room on either side of the kitchen. An awesome screened porch opens up just off the kitchen where there's also a huge deck overlooking the private back yard. There are three good-sized bedrooms and two full baths. A full basement provides plenty of storage area and enclosed parking. There is also covered parking underneath the deck. Lots to offer for the money!

Last Agent to Sell the Property

Rebecca Tucker

Sweet HOMElife Real Estate Listed on: 07/20/2017

Last Buyer's Agent

Christy Ingram

Sweet HOMElife Real Estate

Sweet HOMElife Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • 1978

Lot Details

  • 0.34

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • French Doors
  • Great Room with Fireplace
  • Breakfast Room
  • Dining Room

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Screened Deck
  • Porch

Utilities

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

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 14-10-3-004-003.030

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1428
  • Legal Description: Lot 40 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

  • Interior Amenities: French Doors
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Tile Floor, Hardwood
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Linen Closet, Separate Shower
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |GreatRoom1|Kitchen2|BrkfastRM1|DiningRoom1|FullBath1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 2
  • Room 3: Breakfast Room, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Breakfast Room (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Kitchen (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Main Level Sq Ft: 1428

Exterior Features

  • Construction: Brick Over Foundation
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Porch
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Driveway Parking

Utilities

  • Heating: Central (HEAT), Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1428

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 44
  • Garbage Fee Per: Quarterly

Lot Info

  • Assessor Parcel Number: 14-10-3-004-003.030

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Feb 12, 2018
Sold by
Spraggins Zachary
Bought by
Woods Trevor Clay and Woods Megan
Seller's Agent
Rebecca Tucker
Sweet HOMElife Real Estate
Buyer's Agent
Christy Ingram
Sweet HOMElife Real Estate
List Price
$162,900
Sold Price
$149,900
Premium/Discount to List
-$13,000
-7.98%
Current Estimated Value
$260,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,210
Avg. Annual Appreciation
7.23%
Original Mortgage
$142,405
Outstanding Balance
$120,755
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$139,355

Purchase Details

Closed on
Oct 4, 2011
Sold by
Johnson Philip Jason and Johnson Wendy B
Bought by
Spraggins Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,005
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Niesen Aimee Smith and Niesen Alan C
Bought by
Johnson Philip Jason and Johnson Wendy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,120
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1999
Sold by
Jones Larry D and Jones Glenda N
Bought by
Niesen Alan C and Smith Aimee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
7.7%
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
Woods Trevor Clay $149,900 --
Spraggins Zachary $138,000 None Available
Johnson Philip Jason $133,900 --
Niesen Alan C $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Trevor Clay $142,405
Previous Owner Spraggins Zachary $143,005
Previous Owner Johnson Philip Jason $107,120
Previous Owner Niesen Alan C $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $149,900 0.0% $105 / Sq Ft
10/03/2017 10/03/17 Price Changed $149,900 -3.2% $105 / Sq Ft
09/19/2017 09/19/17 Price Changed $154,900 -3.1% $108 / Sq Ft
08/12/2017 08/12/17 Price Changed $159,900 -1.8% $112 / Sq Ft
07/20/2017 07/20/17 For Sale $162,900 -- $114 / 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 $1,154 $24,100 -- --
2022 $942 $19,860 $5,210 $14,650
2021 $733 $15,670 $5,210 $10,460
2020 $733 $15,670 $5,210 $10,460
2019 $733 $15,680 $0 $0
2018 $732 $15,660 $0 $0
2017 $717 $15,360 $0 $0
2016 $690 $14,840 $0 $0
2015 $690 $14,840 $0 $0
2014 $832 $15,580 $0 $0
2013 $832 $14,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 790671

Greater Alabama MLS

APN: 14-00-10-3-004-003.030