NOT LISTED FOR SALE

842 N Gap Loop Montgomery, AL 36110

North Montgomery Neighborhood

Estimated Value: $57,000 - $70,000

3 Beds
1.5 Baths
1,115 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $29,500 $26 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $346/month

13 Days on Market

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of March 2023

Calling all investors! You don't want to miss out on this opportunity to add this nice home to your rental portfolio! This home would also be a good starter home for a family! Call me or your favorite agent to view schedule an appointment to view this home, TODAY!

Last Agent to Sell the Property

Gabrelle Simmons

Kelly Realty, LLC. License #0119765 Listed on: 03/07/2023

Last Buyer's Agent

Ashley Patterson

Camelot Properties LLC. License #0145307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $193

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x150
  • Mature Trees

Parking

  • 1 Driveway Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chisholm Elementary School
  • Goodwyn Middle School
  • Lee High School

Utilities

  • Central Air
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-08-28-2-000-027.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$193

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 1 Story
  • Architectural Control: No
  • Total Sq Ft: 1115
  • Year Built: 1980
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Carpet - Wall to Wall, Hard Tile, Laminate

Exterior Features

  • Construction: Brick, Wood Siding
  • Exterior Feature: Mature Trees, Patio-Covered
  • Flood: No
  • Foundation: Slab
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Electric
  • Electric Authority: Alabama Power
  • Heating: Unknown
  • Sewer: Public Sewer
  • Trash Services: City
  • Utilities: Unknown
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.220000
  • Parcel Number: 04-08-28-2-000-027.000
  • Lot Dimension: 65X150

Rental Info

  • Leased: No

Tax Info

  • Taxes: 193

MLS Schools

  • School Elementary: Chisholm Elementary School
  • School High: Lee High School
  • School Middle: Goodwyn Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 31, 2023
Sold by
Mcclung Willie D and Mcclung Mary J
Bought by
Fund 2005 Ip Llc
Seller's Agent
Gabrelle Simmons
Kelly Realty, LLC.
Buyer's Agent
Ashley Patterson
Camelot Properties LLC.
List Price
$38,500
Sold Price
$29,500
Premium/Discount to List
-$9,000
-23.38%
Current Estimated Value
$60,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,224
Avg. Annual Appreciation
30.40%
Original Mortgage
$57,000
Outstanding Balance
$55,271
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$5,453

Purchase Details

Closed on
May 19, 2021
Sold by
Delta Property
Bought by
Buskey Julius and Buskey Ora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fund 2005 Ip Llc $29,500 --
Fund 2005 Ip Llc $29,500 None Listed On Document
Buskey Julius $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fund 2005 Ip Llc $57,000
Closed Fund 2005 Ip Llc $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $29,500 -23.4% $26 / Sq Ft
03/07/2023 03/07/23 For Sale $38,500 -- $35 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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
2025 $324 $6,560 $500 $6,060
2024 $324 $6,560 $500 $6,060
2023 $324 $5,280 $500 $4,780
2022 $193 $5,280 $500 $4,780
2021 $172 $4,720 $500 $4,220
2020 $172 $4,720 $500 $4,220
2019 $173 $4,740 $500 $4,240
2018 $173 $4,740 $0 $0
2017 $172 $4,720 $500 $4,220
2014 $563 $10,280 $500 $9,780
2013 -- $9,440 $500 $8,940
Source: Public Records

Agents Affiliated with this Home

  • Gabrelle Simmons

    Seller's Agent in 2023

    Gabrelle Simmons

    Kelly Realty, LLC.

    (334) 245-6777

    2 in this area

    27 Total Sales

    Gabrelle Simmons
    Section Image
  • Ashley Patterson

    Buyer's Agent in 2023

    Ashley Patterson

    Camelot Properties LLC.

    (334) 306-9669

    2 in this area

    26 Total Sales

    Ashley Patterson
    Section Image
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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 534464

Montgomery Area Association of REALTORS®

APN: 04-08-28-2-000-027.000

Alabama Montgomery County Montgomery 36110 North Montgomery

842 N Gap Loop, Montgomery, AL

Not Listed for Sale

Detached

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Montgomery Area Association of REALTORS® Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

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