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1007 Liberty Drive

1007 Liberty Drive, Madison, AL 35758
Property in Madison
Sold Jun 15, 2007
Transfer
$84,000 by Cardinal Financial Company Lp
Mortgage Due Jul 01, 2036
Sold Dec 01, 2005
$49,000
Buyer
Seller
Local assessors in Madison, AL have categorized 1007 Liberty Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 26 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 1007 Liberty Drive has a total of 997 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with mixed control joints. The building has a gable or hip style roof that was made of asbestos. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $49,000 in Nov 28, 2005. Current property owners are expected to pay $746 in taxes per year. The property on 1007 Liberty Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $11,280. To break that down further, the land itself was valued at $2,000. While improvements to the property were assessed at a total of $9,280. 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. 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!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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Mixed
  • Building Style: Condo
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26
  • Total Building Area: 997
  • Building Area: 997
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 997
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMERALD FOREST CONDO PH I TR 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1007 BLG 1000 EMERALD FOREST CONDO PH I TR 1 & COMM ELE AS LISTED IN CONDO BK 2 PG 617 PB 16 PG 27

Ownership

  • Current Owner : NORTHEUTT ALICIA M
  • Current Owner 2: SHELTON ERIK T
  • Previous Owner : MAHANNA CORY
  • Owner Before Previous Owner: REGIONS BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011025

Geography

  • Account Number: 573122
  • Subdivision Tract Number: 1
  • Parcel: 16-03-05-1-002-019.006
  • Lot: 1007
  • Meridian: SEC 05 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7261
  • Longitude: -86.7537

    Address

  • Full Address: 1007 Liberty Dr
  • Address - House Number: 1007
  • Address - Street Name: Liberty
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R031
  • 4-Digit Zip Code: 8156
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 1,017
  • Tax Year: 2023
  • Tax Amount: $746

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 169,835
  • High Value: 210,903
  • Low Value: 128,767

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $84,000
  • 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: Jul 01, 2036

    Market Valuation

  • Market Total Value: $112,800
  • Market Land Value: $20,000
  • Market Improvement Value: $92,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,280
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $9,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2007
  • Current Sale Recording Date: Jun 15, 2007
  • Current Sale Transaction ID: 1000964018
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20070615000426980
  • Previous Sale Recording Date: Dec 01, 2005
  • Previous Sale Contract Date: Nov 28, 2005
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Jun 15, 2007
  • First Mortgage Loan Amount: $63,345
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

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Frequently Asked Questions

What neighborhood is 1007 Liberty Drive located in?
The 1007 Liberty Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 1007 Liberty Drive?
The average sales price for units in 1007 Liberty Drive is $0 currently.

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