NOT LISTED FOR SALE

5389 Memory Ln Mount Olive, AL 35117

Estimated Value: $216,000 - $258,000

3 Beds
2 Baths
1,438 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $144,500 $100 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,320/month

7 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Laundry Room
  • Bragg Middle School Rated 9+
  • Recessed Lighting
  • 1-Story Property

About This Home

As of November 2018

Beautifully updated home in a Fabulous location! You will fall in love with this 3/2 full brick home situated on a huge flat lot. Fantastic kitchen featuring new counter tops, center island with pendant lighting, plus new stainless appliance package and is open to the family room. Over-sized dining room perfect for family gatherings. Hardwood flooring and tile throughout. Main level carport access straight off the kitchen for added convenience. Master bath has been completely updated with custom tiled walk in shower (new door will be installed next week) Spacious mail level laundry room with ample storage.

Last Agent to Sell the Property

Johnna Gowen

Monarch Realty LLC Listed on: 10/12/2018

Last Buyer's Agent

Holly Fryar

Magnolia Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1965

Lot Details

  • 131 Sq Ft Lot

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14-00-10-2-004-004.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1438
  • Legal Description: BEG NE COR OF LOT 8 J F GRAHAM SUR 65/21 TH NELY 121.1 FT TH W 350(S) FT TH S 110 FT TH E 293.4 FT TO POB
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Amenities: Recess Lighting
  • Floors: Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|DiningRoom1|Bedroom1|Bedroom1|FullBath1|MasterBR1|MasterBath1|Laundry1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1438

Exterior Features

  • Construction: 4 Sides Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Forced Air
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1438

Lot Info

  • Assessor Parcel Number: 14-00-10-2-004-004.000
  • Number Acres: 0.003

Tax Info

  • Tax Database Id: 1
  • Tax District: MOUNT OLIVE
  • Annual Tax: 1363
  • Assessor Parcel Number: 01073-14-00-10-2-004-004.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Nov 29, 2018
Sold by
Standing Offer Al Llc
Bought by
Bailey Joseph Daniel and Bailey Emily
Seller's Agent
Johnna Gowen
Monarch Realty LLC
Buyer's Agent
Holly Fryar
Magnolia Real Estate Group LLC
List Price
$144,500
Sold Price
$144,500
Current Estimated Value
$236,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,984
Avg. Annual Appreciation
7.18%
Original Mortgage
$145,959
Outstanding Balance
$127,556
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$108,928

Purchase Details

Closed on
Aug 28, 2018
Sold by
Neal Valeta
Bought by
Standing Offer Al Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bailey Joseph Daniel $144,500 --
Standing Offer Al Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Joseph Daniel $145,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $144,500 0.0% $100 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $144,500 -- $100 / 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 $995 $20,920 -- --
2022 $894 $18,900 $7,000 $11,900
2021 $724 $15,500 $7,000 $8,500
2020 $724 $15,500 $7,000 $8,500
2019 $1,553 $15,500 $0 $0
2018 $1,474 $29,420 $0 $0
2017 $1,403 $28,000 $0 $0
2016 $1,363 $27,200 $0 $0
2015 $1,363 $27,200 $0 $0
2014 $829 $28,320 $0 $0
2013 $829 $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 831422

Greater Alabama MLS

APN: 14-00-10-2-004-004.000