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1012 Parkmont Way

1012 Parkmont Way, Chelsea, AL 35043
House in Shelby
Sold Aug 30, 2019
$397,860
$318,288 by Southpoint Bank
Mortgage Due Sep 01, 2049
Sold May 21, 2007
$317,625
$150,000 by Hometown Mortgage Services Inc
Mortgage Due Jun 01, 2022
Local assessors in Chelsea, AL have categorized 1012 Parkmont Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 22,651 square feet. The linear feet between the front and back of the lot was measured at 2,005 ft and the front of the lot was measured at 1,097 ft. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1012 Parkmont Way has a total of 3,233 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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, 1012 Parkmont Way sold most recently in Aug 29, 2019 for a total of $397,860. If you work out the math, that's approximately a cost of $123.06 per sqft. Before that, the property was also sold for $317,625 in May 15, 2007. 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 $2,298 in taxes each year. 1012 Parkmont Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,160. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior

Parking

Off Street Parking
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,034
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 2,005
  • Lot Size Frontage Feet: 1,097
  • Total Building Area: 3,233
  • Building Area: 3,233
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,233
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHELSEA PARK 1 ST SEC PH 1 & PH 2
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 30 19S 01E NBRHD: 17 CHELSEA PARK (KINGSTON/DUNSMORE) R-2

Ownership

  • Current Owner : CULLISON JASON
  • Current Owner 2: CULLISON VICTORIA
  • Previous Owner : ZHANG JIONG
  • Previous Owner 2: ZHANG QIN
  • Owner Before Previous Owner: SAIA DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030219

Geography

  • Assessors Map Reference: MP 34 PG 21
  • District: 17
  • Parcel: 089303002006000
  • Lot: 1-85
  • Meridian: SEC 30 TWN 19S RNG 01E
  • Municipality: CHELSEA
  • Latitude: 33.3445
  • Longitude: -86.5863

    Address

  • Full Address: 1012 Parkmont Way
  • Address - House Number: 1012
  • Address - Street Name: Parkmont
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Chelsea
  • Carrier Code: R008
  • 4-Digit Zip Code: 7251
  • Zip Code: 35043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,298

    Appraisal Valuation

  • Standard Deviation: 0.1487
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 544,602
  • High Value: 625,607
  • Low Value: 463,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,288
  • First Open Lien Mortgage Lender: SOUTHPOINT BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2019
  • First Open Lien Mortgage Loan Amount: $318,288
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $531,500
  • Market Land Value: $110,000
  • Market Improvement Value: $421,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Transaction ID: 11642127178
  • Current Sale Price: $397,860
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 20190830000322160
  • Previous Sale Recording Date: May 21, 2007
  • Previous Sale Contract Date: May 15, 2007
  • Previous Sale Amount: $317,625
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHPOINT BANK
  • First Mortgage Transaction Date: Aug 30, 2019
  • First Mortgage Loan Amount: $318,288
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HOMETOWN MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: May 21, 2007
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2022

About Chelsea



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Nearby Rentals

Unit for rent at 305 Polo Court, CHELSEA, AL, 35043

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Frequently Asked Questions

What neighborhood is 1012 Parkmont Way located in?
The 1012 Parkmont Way is a house located in the neighborhood of Shelby in Chelsea, Chelsea.
What is the average sales price for listings in 1012 Parkmont Way?
The average sales price for units in 1012 Parkmont Way is $0 currently.

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