NOT LISTED FOR SALE

7404 Lou George Loop Bessemer, AL 35022

Estimated Value: $129,000 - $211,000

3 Beds
1 Bath
912 Sq Ft
$193/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $55,000 $60 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $967/month

Highlights

  • Deck
  • Attic
  • Laundry Room
  • Wood Flooring
  • Solid Surface Countertops
  • 1-Story Property

About This Home

As of February 2016

This 3 bedroom, 1 bath home has a spacious living room with hardwood floors, the kitchen is a great size with plenty of cabinet space, the bedrooms are a normal size. The exterior of the property you have a detached garage with 2 doors. The backyard is very large & fenced in. This home want last long. So hurry before it's gone!

Last Agent to Sell the Property

Tahira Khadair

New Image Realty Listed on: 12/01/2015

Last Buyer's Agent

Neal Thomas

Minnie Lee Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $533

Year Built

  • 1986

Lot Details

  • 1

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Crawl Space
  • Attic

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 42-18-3-000-007.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$533

Year Built

1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 912
  • Legal Description: Com Sw Cor Of Nw1/4 Of Sw1/4 Of Sec 18 Tp 20S R 4W Th N 200 Ft To Pob Th Nw Alg 30 Ft Rd R/W 255 Ft Ne 191.3 Ft Se !
  • List Price per Sq Ft: 60.31
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Floors: Carpet, Hardwood, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Kitchen1|Bedroom1|Bedroom1|FullBath1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 912

Exterior Features

  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Schools

  • Elementary School: MCADORY
  • Middle School: MCADORY
  • High School: MCADORY

Lot Info

  • Assessor Parcel Number: 42-18-3-000-007.001

Tax Info

  • Tax District: BESSEMER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Watts Melba
Bought by
Rager Derrick Joseph
Current Estimated Value
$175,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,315
Outstanding Balance
$80,451
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$95,535

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jan 15, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Watts Melba
Seller's Agent
Tahira Khadair
New Image Realty
Buyer's Agent
Neal Thomas
Minnie Lee Realty
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$167,479
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Sep 28, 2015
Sold by
Hancock Joshua
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 6, 2009
Sold by
Flynn James Roger and Flynn Penny
Bought by
Hancock Joshua and Hancock Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,525
Interest Rate
5.26%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Rager Derrick Joseph $93,000 --
Watts Melba $55,000 --
Secretary Of Veterans Affairs $39,123 --
Bank Of America Na $39,123 --
Hancock Joshua $88,620 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rager Derrick Joseph $91,315
Previous Owner Watts Melba $167,479
Previous Owner Hancock Joshua $90,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $55,000 -15.4% $60 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $65,000 -- $71 / 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 $533 $11,700 -- --
2022 $399 $9,010 $3,000 $6,010
2021 $399 $9,010 $3,000 $6,010
2020 $539 $9,010 $3,000 $6,010
2019 $399 $9,020 $0 $0
2018 $438 $8,740 $0 $0
2017 $875 $17,460 $0 $0
2016 $846 $16,880 $0 $0
2015 $378 $8,600 $0 $0
2014 $462 $8,480 $0 $0
2013 $462 $8,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 735078

Greater Alabama MLS

APN: 42-00-18-3-000-007.001