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38 Arad Thompson Road

38 Arad Thompson Road, Arab, AL 35016
Property in Marshall
Sold Jun 13, 2022
$273,000
$268,009 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Feb 24, 2014
$40,500
$40,623 by Diane Latvis Etal
Mortgage Due Jul 31, 2014
38 Arad Thompson 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 1991 and is 33 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, 38 Arad Thompson Road has 1,382 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 14,810 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 280 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable or hip style roof made of metal. 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. The property was last sold in Jun 10, 2022 for $273,000. That's $197.54 per sqft. Prior to that sales transaction, the property was also sold in Jan 31, 2014 for $40,500. 38 Arad Thompson Road was last assessed in 2023. The total value of the property was assessed at $51,600. Specifically, the land the property is located on was valued at $2,080. While improvements on the property were assessed at a total of $49,520. 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 $2,090. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: D+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE EST
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG SW COR LOT 1 BLK 1 HERITAGE EST PH #1 TO POB ETC 9-26-91 1071/159 1-21-05 3073/393

Ownership

  • Current Owner : HARRIS HEATHER DAWN
  • Previous Owner : JUSTIN BERRY BENJAMIN
  • Previous Owner 2: VANSTONE VALERIE
  • Owner Before Previous Owner: THE UNITED STATES HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arab City School District
  • Census Tract: 030502

Geography

  • Assessors Map Reference: MB5490; PG61
  • Account Number: 149389
  • District: DISTRICT 11
  • Subdivision Phase Number: 1
  • Parcel: 14-09-30-2-000-001.019
  • Block: 1
  • Lot: 1
  • Meridian: SEC 30 TWN 8S RNG 2E
  • Municipality: ARAB
  • Latitude: 34.3155
  • Longitude: -86.4771

    Address

  • Full Address: 38 Arad Thompson Rd Ne
  • Address - House Number: 38
  • Street Segment Direction: NE
  • Address - Street Name: Arad Thompson
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Arab
  • Carrier Code: R008
  • 4-Digit Zip Code: 2765
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 2,065
  • Tax Year: 2023
  • Tax Amount: $2,090
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 204,269
  • High Value: 299,306
  • Low Value: 109,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,009
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 13, 2022
  • First Open Lien Mortgage Loan Amount: $268,009
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $258,000
  • Market Land Value: $10,400
  • Market Improvement Value: $247,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,600
  • Assessed Land Value: $2,080
  • Assessed Improvements Value: $49,520

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Transaction ID: 11890239735
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3247980
  • Previous Sale Recording Date: Feb 24, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $40,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 13, 2022
  • First Mortgage Loan Amount: $268,009
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: DIANE LATVIS ETAL
  • Previous Mortgage Transaction Date: Feb 24, 2014
  • Previous Mortgage Loan Amount: $40,623
  • Previous Mortgage Term: 4
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 31, 2014

About Arab



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Frequently Asked Questions

What neighborhood is 38 Arad Thompson Road located in?
The 38 Arad Thompson Road is a located in the neighborhood of Marshall in Arab, Arab.
What is the average sales price for listings in 38 Arad Thompson Road?
The average sales price for units in 38 Arad Thompson Road is $0 currently.

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