NOT LISTED FOR SALE

823 Arad Thompson Rd NE Arab, AL 35016

Estimated Value: $180,000 - $191,841

3 Beds
1.5 Baths
1,250 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $172,500 $138 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,028/month

2 Days on Market

Highlights

  • No HOA
  • Arab Primary School Rated 10
  • Central Heating and Cooling System

About This Home

As of August 2023

Super clean home with open floorplan, and convenient to everything. This home has a new HVAC package unit, also there is a new privacy fence in the backyard. This home is very clean and ready to move-in.

Last Agent to Sell the Property

Mike Owens

Residential Resource RE LLC License #71125 Listed on: 07/29/2023

Last Buyer's Agent

Tania Diprima

Main Street Realty Plus, LLC License #77005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Lot Details

  • Lot Dimensions are 120 x 75 x 217 x 150

Parking

  • No Garage

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ira Shaw Subdivision

Listing and Financial Details

  • Legal Lot and Block 35,36 / 2
  • Assessor Parcel Number 1306241000017.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Lot Details

0

Listing Details

  • Living Area: 1250
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 120 x 75 x 217 x 150
  • Subdivision Name: Ira Shaw
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: First
  • Room Living Room Area: 180
  • Room Kitchen Area: 210
  • Room Master Bedroom Area: 132

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Central 1, Natural Gas
  • Cooling: Central 1, Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1306241000017.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2
  • Tax Lot: 35,36

MLS Schools

  • Elementary School: Arab Elementary School
  • High School: Arab High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Aug 31, 2023
Sold by
Cater Morgan
Bought by
Ramey Taylor
Seller's Agent
Mike Owens
Residential Resource RE LLC
Buyer's Agent
Tania Diprima
Main Street Realty Plus, LLC
List Price
$179,900
Sold Price
$172,500
Premium/Discount to List
-$7,400
-4.11%
Views
15
Current Estimated Value
$185,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,960
Avg. Annual Appreciation
3.46%
Original Mortgage
$169,375
Outstanding Balance
$165,660
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$19,800

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 5, 2022
Sold by
Paula Love Belton Properties Llc
Bought by
Cater Clara M
Seller's Agent
Brenda King GRI, MRP
Re/Max Heritage
Buyer's Agent
Sonya Talley
Davidson Homes LLC 4
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$146,464
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
Reaves Susan G and Love Belton Paula
Bought by
Paula Love Belton Properties Llc

Purchase Details

Listed on
Apr 17, 2014
Closed on
Apr 29, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Belton Paul D
Seller's Agent
Teressa Campbell
BH&G Southern Premiere Agency
Buyer's Agent
Brenda King GRI, MRP
Re/Max Heritage
List Price
$40,000
Sold Price
$46,200
Premium/Discount to List
$6,200
15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
Dec 31, 2013
Sold by
Good Sheria Marie and Good Andy
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 15, 2010
Sold by
Maine Joshua Gene and Maine Audrey
Bought by
Good Sheria Marie and Good Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,680
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Fannie Mae
Bought by
Maine Joshua Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,156
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramey Taylor $172,500 None Listed On Document
Cater Clara M -- Jacobs Laura D
Cater Clara M -- None Listed On Document
Paula Love Belton Properties Llc -- None Available
Belton Paul D $46,200 None Available
Jpmorgan Chase Bank Na $53,550 None Available
Good Sheria Marie -- None Available
Maine Joshua Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramey Taylor $169,375
Previous Owner Cater Clara M $146,464
Previous Owner Good Sheria Marie $76,680
Previous Owner Maine Joshua Gene $61,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $172,500 -4.1% $138 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $179,900 +24.1% $144 / Sq Ft
05/09/2022 05/09/22 Sold $145,000 +3.6% $116 / Sq Ft View Prior Sale
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $139,900 +202.8% $112 / Sq Ft
08/04/2014 08/04/14 Off Market $46,200 -- --
05/01/2014 05/01/14 Sold $46,200 +15.5% $37 / Sq Ft View Prior Sale
04/17/2014 04/17/14 For Sale $40,000 -- $32 / Sq Ft
Source: ValleyMLS.com

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 $534 $14,500 $0 $0
2023 $534 $25,840 $3,540 $22,300
2022 $693 $15,620 $0 $0
2021 $588 $14,520 $0 $0
2020 $499 $12,320 $0 $0
2017 $474 $11,700 $0 $0
2015 -- $10,860 $0 $0
2014 -- $11,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1840014

ValleyMLS.com

APN: 130624-1-000-017000