NOT LISTED FOR SALE

62 Rainwater Ln Munford, AL 36268

Estimated Value: $108,000 - $204,000

4 Beds
2.5 Baths
1,216 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $90,000 $74 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $875/month

68 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Den
  • Deck
  • Wood Flooring
  • Fenced Yard

About This Home

As of December 2021

The Home is on 2 acres of land in Munford with 2 other septice tanks for previous trailer hook ups. This home features 4 bedrooms 2 1/2 baths, Beautiful kitchen with lots of cabinets, Large Dining room and den with wood floors, and a large family room down stairs. Outside the property has a Nice size Metal shop , Transfer truck trailer which would be great for storage, and 2 Fenced in areas for pets. Home needs a little cosmetic work but at this price you don't want to miss this great opportunity. Items to remain in home are the dishwasher, window units, 2 gas fireplace,and propane tank. Seller is firm on price Seller requires 30 days to move after closing.

Last Agent to Sell the Property

Joseph Porter

Porter & Porter Company Listed on: 08/20/2021

Last Buyer's Agent

Chris Christian

RealtySouth-Trussville Office

RealtySouth-Trussville Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1995

Lot Details

  • 2.13 Acre Lot
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Den
  • Mountain Views
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck

Schools

  • Munford Elementary And Middle School
  • Munford High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$303

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1296295?w=PubMLS
  • Living Area: 208
  • Legal Description: 265x371 com SE corner of SE1/4 of NW1/4 S14 T 17S R6E TH N 653 NWLY 165 to the POB Th same course 317 N 270 E 265 S 371 to POB
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 408.65
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1995
  • Price Per Sq Ft: 74.01
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Floors: Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|Den1|HalfBath1|BedroomB|BedroomB|BedroomB|BedroomB|FullBathB|FullBathB|DenB|LaundryB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Den/Family, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: Bedroom, On Level: B
  • Room 6: Bedroom, On Level: B
  • Room 7: Bedroom, On Level: B
  • Room 8: Bedroom, On Level: B
  • Room 9: Full Bath, On Level: B
  • Room 10: Full Bath, On Level: B
  • Room 11: Den/Family, On Level: B
  • Room 12: Laundry, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Den/Family (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement, Concrete Block
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 1008
  • Main Level Sq Ft: 208

Exterior Features

  • Construction: Concrete/Block, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Balcony, Fenced Yard, Workshop (EXTR)
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Propane Gas, Space Heaters
  • Cooling: Window Units
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1216

Schools

  • Elementary School: MUNFORD
  • Middle School: MUNFORD
  • High School: MUNFORD

Lot Info

  • Assessor Parcel Number: 07-06-14-0-000-004.005
  • Lot View: Yes
  • Lot View Type: Mountain View
  • Number Acres: 2.13

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 303

MLS Schools

  • Elementary School: MUNFORD
  • High School: MUNFORD
  • Jr Middle School: MUNFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jan 3, 2022
Sold by
Rainwater and Marylyn
Bought by
Alexander Allen
Seller's Agent
Joseph Porter
Porter & Porter Company
Buyer's Agent
Chris Christian
RealtySouth-Trussville Office
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Current Estimated Value
$154,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,697
Avg. Annual Appreciation
16.26%
Original Mortgage
$63,000
Outstanding Balance
$58,652
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$97,098

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 23, 2021
Sold by
Jane Chandler Sarah
Bought by
Rainwater Jerry and Rainwater Marilyn
Seller's Agent
Joseph Porter
Porter & Porter Company
Buyer's Agent
Chris Christian
RealtySouth-Trussville Office
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Outstanding Balance
$58,652
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$97,098
Source: Public Records

Range of Values:

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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
Alexander Allen $90,000 Gaines Gaines Pc
Rainwater Jerry $93,500 Gaines Gaines Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainwater Jerry $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $90,000 +5.9% $74 / Sq Ft
10/28/2021 10/28/21 For Sale $85,000 0.0% $70 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $85,000 -- $70 / 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 $383 $11,890 $1,360 $10,530
2023 $383 $11,890 $1,360 $10,530
2022 $304 $9,030 $2,040 $6,990
2021 $304 $9,030 $2,040 $6,990
2020 $303 $10,240 $0 $0
2019 $303 $10,240 $0 $0
2018 $267 $9,180 $0 $0
2017 $267 $9,180 $0 $0
2016 $267 $9,180 $0 $0
2015 $267 $9,180 $0 $0
2014 $268 $9,220 $0 $0
2013 -- $9,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1296295

Greater Alabama MLS

APN: 07-06-14-0-000-004.005