NOT LISTED FOR SALE

Tract 2 Sundown Dr NW Arab, AL 35016

Estimated Value: $172,000 - $281,000

7.5 Acres
$31,156 Price per Acre
326,700 Sq Ft Lot

Last Sold October 19, 2021

Last sale price $148,000

Est. 58% increase in value since last sale

Current estimated payment $1,287/month

3 Days on Market

Highlights

  • Fenced
  • Arab Primary School Rated 10
  • Level Lot

About This Lot

As of October 2021

Fantastic tract of land, +/-7.5 acres in the city limits of Arab with +/-550' of paved road frontage on Sundown Drive. This land is mostly open, partially fenced and has a wet weather creek. Ideal for a personal estate home, investment or development.

Last Agent to Sell the Property

Bert Phillips

Ainsworth Real Estate, LLC License #71951 Listed on: 10/04/2021

Last Buyer's Agent

Teresa Gilreath

Redstone Realty Solutions-DEC License #80345

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $699

Lot Details

  • 7.5 Acre Lot
  • Fenced
  • Level Lot

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • 220 Volts

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 2

Property Details

Property Type

Land

Est. Annual Taxes

$699

Lot Details

0

Listing Details

  • Current Use: Acreage
  • Property Sub Type: ACREAGE
  • Prop. Type: Land
  • Lot Size Acres: 7.5
  • Road Frontage Type: City Street
  • Subdivision Name: Metes And Bounds
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level

Utilities

  • Gas: Natural
  • Sewer: Public Sewer, Other
  • Electric: 220 Volts
  • Electricity On Property: No
  • Water Source: Public

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Lot Size Sq Ft: 326700
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Sep 20, 2021
Sold by
Mcgee Michael E
Bought by
Mcgee Michael E
Seller's Agent
Bert Phillips
Ainsworth Real Estate, LLC
Buyer's Agent
Teresa Gilreath
Redstone Realty Solutions-DEC
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$233,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,667
Avg. Annual Appreciation
12.03%
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
Mcgee Michael E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $148,000 0.0% --
10/07/2021 10/07/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $148,000 -- --
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 $699 $16,140 $0 $0
2023 $654 $15,140 $2,740 $12,400
2022 $608 $15,020 $0 $0
2021 $1,357 $33,500 $0 $0
2020 $1,191 $29,400 $0 $0
2017 $1,192 $29,420 $0 $0
2015 -- $24,760 $0 $0
2014 -- $40,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bert Phillips

    Seller's Agent in 2021

    Bert Phillips

    Ainsworth Real Estate, LLC

    (256) 572-7482

    190 Total Sales

    Bert Phillips
    Section Image
  • Teresa Gilreath

    Buyer's Agent in 2021

    Teresa Gilreath

    Redstone Realty Solutions-DEC

    (256) 550-0265

    127 Total Sales

    Teresa Gilreath
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1792436

ValleyMLS.com

APN: 130623-2-000-009003

Alabama Marshall County Arab 35016

Tract 2 Sundown Dr NW, Arab, AL

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