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1062 Johnson Avenue

1062 Johnson Avenue, New Hope, AL 35760
Property in Madison
Sold Jun 06, 2020
$193,500
$196,927 by Bank Independent
Mortgage Due Jul 01, 2050
Sold Jul 06, 2009
Transfer
$157,000 by Progress Bank And Trust
Mortgage Due Aug 01, 2039
Local assessors in New Hope, AL have categorized 1062 Johnson Avenue as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 22,651 square feet. 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 1062 Johnson Avenue has a total of 1,429 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 for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 wood control joints. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1062 Johnson Avenue sold most recently in Jun 1, 2020 for a total of $193,500. If you work out the math, that's approximately a cost of $135.41 per sqft. 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 $1,912 in taxes each year. 1062 Johnson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,220. If we break it down further, the land itself was valued at $3,800. Improvements to the property, however, were assessed at a total of $43,420. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,429
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 10 T6S R2E COM AT THE CENTER OF THE E BDRY OF THE NE1/4 OF SEC 10 TH S 87 DEG W 2671.41 FT TH S 01 DEG E 16.78 FT TO THE

Ownership

  • Current Owner : HOBBS BRADLEY DOUGLAS
  • Previous Owner : MAPLES MICHAEL CRAIG
  • Previous Owner 2: MAPLES EMILY
  • Owner Before Previous Owner: DURHAM MICHAEL S
  • Owner Before Previous Owner 2: DURHAM MARILYN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011400

Geography

  • Account Number: 551258
  • Parcel: 29-02-10-0-001-037.000
  • Meridian: SEC 10 TWN 06S RNG 02E
  • Municipality: NEW HOPE
  • Latitude: 34.5341
  • Longitude: -86.4076

    Address

  • Full Address: 1062 Johnson Ave
  • Address - House Number: 1062
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: New Hope
  • Carrier Code: R002
  • 4-Digit Zip Code: 9366
  • Zip Code: 35760

Valuation

    Tax

  • Total Area: 2,279
  • Tax Year: 2023
  • Tax Amount: $1,912

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 67
  • Final Value: 299,039
  • High Value: 369,792
  • Low Value: 228,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,927
  • First Open Lien Mortgage Lender: BANK INDEPENDENT
  • First Open Lien Mortgage Recording Date: Jun 06, 2020
  • First Open Lien Mortgage Loan Amount: $196,927
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $236,100
  • Market Land Value: $19,000
  • Market Improvement Value: $217,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,220
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $43,420

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 06, 2020
  • Current Sale Transaction ID: 11767320081
  • Current Sale Price: $193,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00039965
  • Previous Sale Recording Date: Jul 06, 2009
  • Previous Sale Contract Date: Jul 02, 2009
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK INDEPENDENT
  • First Mortgage Transaction Date: Jun 06, 2020
  • First Mortgage Loan Amount: $196,927
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PROGRESS BANK AND TRUST
  • Previous Mortgage Transaction Date: Jul 06, 2009
  • Previous Mortgage Loan Amount: $157,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About New Hope



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Frequently Asked Questions

What neighborhood is 1062 Johnson Avenue located in?
The 1062 Johnson Avenue is a located in the neighborhood of Madison in New Hope, New Hope.
What is the average sales price for listings in 1062 Johnson Avenue?
The average sales price for units in 1062 Johnson Avenue is $0 currently.

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