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1998 Lowery Road

1998 Lowery Road, Arab, AL 35016
Property in Marshall
Sold Dec 08, 2017
$121,000
$119,500 by Home Point Financial Corporati
Mortgage Due Jul 01, 2050
Sold Aug 16, 2016
$98,000
$100,771 by Willow Bend Mortgage Co
Mortgage Due Sep 01, 2046
1998 Lowery Road in Arab, AL was first built in 2003 and is 21 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1998 Lowery Road has 1,326 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1998 Lowery Road sold most recently in Dec 8, 2017 for a total of $121,000. If you work out the math, that's approximately a cost of $91.25 per sqft. Before that, the property was also sold for $98,000 in Aug 15, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $516 in taxes each year. 1998 Lowery Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,180. If we break it down further, the land itself was valued at $1,320. Improvements to the property, however, were assessed at a total of $13,860. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D+
  • 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: 20,038
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLEY ESTATES
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .46 ACRES 102 X 199.9 LOT 6 WALLEY ESTATES S/D PB 8 PG 110 SEC 8-2-2E 104-435 175-342

Ownership

  • Current Owner : BOWEN TREVOR D
  • Current Owner 2: BOWEN JAMIE S
  • Previous Owner : SMITH SARAH EVELYN
  • Owner Before Previous Owner: DANIELS BOBBY G
  • Owner Before Previous Owner 2: DANIELS PAULA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marshall County School District
  • Census Tract: 030501

Geography

  • Assessors Map Reference: MB6367; PG197
  • Account Number: 505933
  • District: DISTRICT 25
  • Section: 8
  • Parcel: 14-03-08-0-000-011.007
  • Lot: 6
  • Municipality: LACEY SPRINGS
  • Latitude: 34.3577
  • Longitude: -86.4547

    Address

  • Full Address: 1998 Lowery Rd Ne
  • Address - House Number: 1998
  • Street Segment Direction: NE
  • Address - Street Name: Lowery
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Arab
  • Carrier Code: R007
  • 4-Digit Zip Code: 3994
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 1,640
  • Tax Year: 2023
  • Tax Amount: $516
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 197,701
  • High Value: 289,682
  • Low Value: 105,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,500
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $119,500
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $151,800
  • Market Land Value: $13,200
  • Market Improvement Value: $138,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,180
  • Assessed Land Value: $1,320
  • Assessed Improvements Value: $13,860

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Transaction ID: 11339203236
  • Current Sale Price: $121,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3167890
  • Previous Sale Recording Date: Aug 16, 2016
  • Previous Sale Contract Date: Aug 15, 2016
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Dec 08, 2017
  • First Mortgage Loan Amount: $118,808
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WILLOW BEND MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 16, 2016
  • Previous Mortgage Loan Amount: $100,771
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Marshall



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Frequently Asked Questions

What neighborhood is 1998 Lowery Road located in?
The 1998 Lowery Road is a located in the neighborhood of Marshall in Marshall, Arab.
What is the average sales price for listings in 1998 Lowery Road?
The average sales price for units in 1998 Lowery Road is $0 currently.

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