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107 King Cotton Lane

107 King Cotton Lane, Wetumpka, AL 36092
Property in Elmore
Sold Dec 07, 2020
$165,000
$170,940 by Bay Equity Llc
Mortgage Due Jan 01, 2051
107 King Cotton Lane has been categorized by the local assessors in Wetumpka, AL as a residential type of property. The building on the property was first built in 2013 and is 11 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, 107 King Cotton Lane has 1,764 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,698 ft and across the front of the lot is 716 ft. The area measurement of the land has been determined as 19,318 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 attached garage for those who require parking. The garage measured 420 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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 asphalt. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 107 King Cotton Lane sold most recently in Dec 4, 2020 for a total of $165,000. If you work out the math, that's approximately a cost of $93.54 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 $1,353 in taxes each year. 107 King Cotton Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,710. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $17,710. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D+
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,318
  • Lot Size Depth Feet: 2,698
  • Lot Size Frontage Feet: 716
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTON LAKES PLAT NO 8
  • Land Acres: 0.443
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 COTTON LAKES PLAT NO 8 21/11

Ownership

  • Current Owner : BROWN ELI J
  • Previous Owner : BAGGETT JARED K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elmore County School District
  • School Tax School District: 0A
  • Census Tract: 030802

Geography

  • Assessors Map Reference: PB 21 PG 11
  • District: 2
  • Parcel: 16-01-11-0-002-257.000
  • Lot: 30
  • Meridian: SEC 11 TWN 18N RNG 18E
  • Municipality: WETUMPKA
  • Latitude: 32.5543
  • Longitude: -86.227

    Address

  • Full Address: 107 King Cotton Ln
  • Address - House Number: 107
  • Address - Street Name: King Cotton
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Wetumpka
  • Carrier Code: R019
  • 4-Digit Zip Code: 8096
  • Zip Code: 36092

Valuation

    Tax

  • Total Area: 1,764
  • Tax Year: 2023
  • Tax Amount: $1,353

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 211,866
  • High Value: 232,126
  • Low Value: 191,606

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,940
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Loan Amount: $170,940
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $217,100
  • Market Land Value: $40,000
  • Market Improvement Value: $177,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,710
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $17,710

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Transaction ID: 11807226794
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 07, 2020
  • First Mortgage Loan Amount: $170,940
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 107 King Cotton Lane located in?
The 107 King Cotton Lane is a located in the neighborhood of Elmore in Wetumpka, Wetumpka.
What is the average sales price for listings in 107 King Cotton Lane?
The average sales price for units in 107 King Cotton Lane is $0 currently.

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