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1272 Lowery Road

1272 Lowery Road, Arab, AL 35016
Property in Marshall
Sold Feb 14, 2020
$132,000
$132,500 by Loandepotcom Llc
Mortgage Due Jun 01, 2037
Sold May 20, 2010
Transfer
$94,751 by First Lenders Mortgage Corp
Mortgage Due Jun 01, 2040
1272 Lowery Road has been categorized by the local assessors in Arab, AL as a residential type of property. The building on the property was first built in 1930 and is 94 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1272 Lowery Road has 1,780 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 56,628 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 276 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as poor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 12, 2020 for $132,000. That's $74.16 per sqft. 1272 Lowery Road was last assessed in 2023. The total value of the property was assessed at $14,120. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $519. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • 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
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEL AIR
  • Land Acres: 1.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.3 AC BEG NW COR NE-NW SEC 18-8-2E THN E 140'; THN SELY 175 THN SWLY 111.8'; THN CONT SWLY 179.3'; THN NWLY 143.7' TO THE

Ownership

  • Current Owner : SHOOK RICHARD L
  • Current Owner 2: SHOOK GINGER Q
  • Previous Owner : CORDELL JANA
  • Previous Owner 2: COX LEE
  • Owner Before Previous Owner: SCHMIDT NICHOLAS HARDIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MB6294; PG134
  • Account Number: 504090
  • District: DISTRICT 11
  • Section: 18
  • Parcel: 14-04-18-0-000-007.000
  • Meridian: SEC 18 TWN 8S RNG 2E
  • Municipality: ARAB
  • Latitude: 34.3463
  • Longitude: -86.4722

    Address

  • Full Address: 1272 Lowery Rd Ne
  • Address - House Number: 1272
  • Street Segment Direction: NE
  • Address - Street Name: Lowery
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Arab
  • Carrier Code: R007
  • 4-Digit Zip Code: 3963
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 1,799
  • Tax Year: 2023
  • Tax Amount: $519
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 190,752
  • High Value: 279,500
  • Low Value: 102,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,500
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $132,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $141,100
  • Market Land Value: $16,000
  • Market Improvement Value: $125,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,120

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Transaction ID: 11735337179
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3202450
  • Previous Sale Recording Date: May 20, 2010
  • Previous Sale Contract Date: May 20, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDSTONE FCU
  • First Mortgage Transaction Date: Feb 14, 2020
  • First Mortgage Loan Amount: $125,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST LENDERS MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 20, 2010
  • Previous Mortgage Loan Amount: $94,751
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Arab



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Frequently Asked Questions

What neighborhood is 1272 Lowery Road located in?
The 1272 Lowery Road is a located in the neighborhood of Marshall in Arab, Arab.
What is the average sales price for listings in 1272 Lowery Road?
The average sales price for units in 1272 Lowery Road is $0 currently.

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