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109 Litespeed Lane Southwest

109 Litespeed Lane Southwest, Huntsville, AL 35824
Property in The Reserve
Sold Sep 23, 2022
$400,000
$240,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Dec 17, 2020
$335,000
$318,250 by Movement Mortgage
Mortgage Due Jan 01, 2051
109 Litespeed Lane Southwest in Huntsville, AL was first built in 2008 and is 16 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 109 Litespeed Lane Southwest has 2,607 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,927 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 109 Litespeed Lane Southwest sold most recently in Sep 12, 2022 for a total of $400,000. If you work out the math, that's approximately a cost of $153.43 per sqft. Before that, the property was also sold for $335,000 in Nov 3, 2020. 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 $3,965 in taxes each year. 109 Litespeed Lane Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,360. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $55,360. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Excellent
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,927
  • Total Building Area: 2,607
  • Building Area: 2,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NATURES POINTE AT THE RESERVE SUBDIVISIO
  • Land Acres: 0.319
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 27 NATURES POINTE AT THE RESERVE SUBDIVISION PHASE 1 PB # 20060823000570220

Ownership

  • Current Owner : HAAS ADAM K
  • Current Owner 2: HAAS ELIZABETH
  • Previous Owner : ELEONORA PALMA GIULIA
  • Owner Before Previous Owner: ADAM RAMSIS A
  • Owner Before Previous Owner 2: ADAM CECILIA Y
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 011202

Geography

  • Account Number: 600896
  • Parcel: 16-08-27-0-000-001.159
  • Lot: 27
  • Meridian: SEC 27 TWN 04S RNG 02W
  • Municipality: HUNTSVILLE
  • Latitude: 34.6626
  • Longitude: -86.7323

    Address

  • Full Address: 109 Litespeed Ln Sw
  • Address - House Number: 109
  • Street Segment Direction: SW
  • Address - Street Name: Litespeed
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Huntsville
  • Carrier Code: R033
  • 4-Digit Zip Code: 3119
  • Zip Code: 35824

Valuation

    Tax

  • Total Area: 2,958
  • Tax Year: 2023
  • Tax Amount: $3,965

    Appraisal Valuation

  • Standard Deviation: 0.1134
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 88
  • Final Value: 441,671
  • High Value: 491,791
  • Low Value: 391,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 23, 2022
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $341,800
  • Market Land Value: $65,000
  • Market Improvement Value: $276,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,360
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $55,360

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Transaction ID: 11896426321
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 17, 2020
  • Previous Sale Contract Date: Nov 03, 2020
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 23, 2022
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Dec 17, 2020
  • Previous Mortgage Loan Amount: $318,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About The Reserve



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Frequently Asked Questions

What neighborhood is 109 Litespeed Lane Southwest located in?
The 109 Litespeed Lane Southwest is a located in the neighborhood of The Reserve in The Reserve, Huntsville.
What is the average sales price for listings in 109 Litespeed Lane Southwest?
The average sales price for units in 109 Litespeed Lane Southwest is $0 currently.

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