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1531 Grace Ave; Arab, AL Property Details

1531 Grace Ave, Arab, AL is a Single Family that was built in 1979. This property is currently Financed and is not for sale. Our records show that 1531 Grace Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,443 square feet. The lot size of 1531 Grace Ave is 261,360 square feet.

Off market
1531 Grace Ave NW Arab, AL 35016
$300,000 Listing Price
4 Beds
2 Baths
2,443 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1979
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $309,317
  • Est. Equity / %: $29,683 / 8.76%
  • Gross Yield: 10.598%
  • APN: 13-05-15-0-000-055.000
  • Situs County: Marshall
  • Length Of Ownership: 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gambrel
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 2,443/SqFt
  • Lot: 261,360/SqFt
  • Garage: 979/SqFt
  • Living: 2,443/SqFt
  • Building: 2,443/SqFt
  • Ground: 1,631/SqFt
  • Price Per Square Foot: $122.80

Legal Description

  • Description: LOT 34 BLK 3 COUNTRY FARM EST 9-15-93 1235/118
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Arab City School District
  • Lat / Lon: 34.333332 / -86.524956
  • Subdivision: Country Farm Est
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 2031
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1531 Grace Ave NW has no associated ownership info
1531 Grace Ave NW has no associated ownership info.

Taxes

1531 Grace Ave NW has 10 associated Taxes items

1531 Grace Ave, Arab, AL pays taxes in Marshall County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $57,260. The APN we've located for 1531 Grace Ave is 13-05-15-0-000-055.000.

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Taxes
  • Assessed Value:  $57,260
  • Assessed Year:  2025
  • Assessed County:  Marshall
  • APN:  13-05-15-0-000-055.000
  • Assessed Land Value:  12360
  • Market Land Value:  85800
  • Tax Amount:  1409.4
  • Tax Year:  2025
  • Market Value:  347800
  • Market Year:  2025

Tax History

1531 Grace Ave NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,260 Land Value $12,360 Improvement Value $44,900 Tax Amount $1,409.4 Change Rate Assessed CR Tax Rate +0.024614%
Year 2024 Assessed Value $59,740 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,260 Land Value $12,360 Improvement Value $44,900 Tax Amount $866.26 Change Rate +0.032417% Assessed CR Tax Rate +0.015129%
Year 2022 Assessed Value $27,840 Land Value Improvement Value Tax Amount $839.06 Change Rate +0.133314% Assessed CR Tax Rate +0.030139%
Year 2021 Assessed Value $26,040 Land Value Improvement Value Tax Amount $740.36 Change Rate +0.214103% Assessed CR Tax Rate +0.028432%
Year 2020 Assessed Value $22,200 Land Value Improvement Value Tax Amount $609.8 Change Rate -0.056796% Assessed CR Tax Rate +0.027468%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $646.52 Change Rate +0.001053% Assessed CR Tax Rate
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $645.84 Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $23,260 Land Value Improvement Value Tax Amount $645.84 Change Rate +0.121639% Assessed CR Tax Rate +0.027766%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $575.8 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $22,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate