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1108 7th Avenue Northeast

1108 7th Avenue Northeast, Arab, AL 35016
Property in Marshall
Sold Mar 08, 2016
$122,000
$120,000 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2050
Sold May 19, 2005
Transfer
$82,650 by Alethes Llc
Mortgage Due Jun 01, 2035
Local assessors in Arab, AL have categorized 1108 7th Avenue Northeast as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1108 7th Avenue Northeast has a total of 1,230 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of shingle (not wood). Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1108 7th Avenue Northeast was last sold in Mar 8, 2016 for $122,000. According to our calculations, that's $99.19 per sqft. Current property owners are expected to pay $567 in taxes per year. The property on 1108 7th Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,320. To break that down further, the land itself was valued at $2,860. While improvements to the property were assessed at a total of $12,460. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALKER PARK SD
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK 2 WALKER PARK SD PB 5 PG 72 SEC 19-8-2E 3135-151 1917-285

Ownership

  • Current Owner : MCGHEE CHRISTY L
  • Current Owner 2: MCGHEE ERIC N
  • Previous Owner : MASK THOMAS F
  • Owner Before Previous Owner: WALKER BROTHERS LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arab City School District
  • Census Tract: 030501

Geography

  • Assessors Map Reference: MB6390; PG244
  • Account Number: 506276
  • District: DISTRICT 11
  • Parcel: 14-04-19-2-000-010.003
  • Block: 2
  • Lot: 5
  • Meridian: SEC 19 TWN 8S RNG 2E
  • Municipality: ARAB
  • Latitude: 34.3268
  • Longitude: -86.4755

    Address

  • Full Address: 1108 7th Ave Ne
  • Address - House Number: 1108
  • Street Segment Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Arab
  • Carrier Code: C001
  • 4-Digit Zip Code: 1613
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 1,678
  • Tax Year: 2023
  • Tax Amount: $567
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 132,610
  • High Value: 193,484
  • Low Value: 71,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $153,200
  • Market Land Value: $28,600
  • Market Improvement Value: $124,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,320
  • Assessed Land Value: $2,860
  • Assessed Improvements Value: $12,460

    Sales

  • Current Sale Contract Date: Mar 08, 2016
  • Current Sale Recording Date: Mar 08, 2016
  • Current Sale Transaction ID: 1470013904
  • Current Sale Price: $122,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3140945
  • Previous Sale Recording Date: May 19, 2005
  • Previous Sale Contract Date: Apr 17, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK OF ALABAMA
  • First Mortgage Transaction Date: Mar 08, 2016
  • First Mortgage Loan Amount: $97,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ALETHES LLC
  • Previous Mortgage Transaction Date: May 19, 2005
  • Previous Mortgage Loan Amount: $82,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Arab



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Frequently Asked Questions

What neighborhood is 1108 7th Avenue Northeast located in?
The 1108 7th Avenue Northeast is a located in the neighborhood of Marshall in Arab, Arab.
What is the average sales price for listings in 1108 7th Avenue Northeast?
The average sales price for units in 1108 7th Avenue Northeast is $0 currently.

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