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1122 Nance Road

1122 Nance Road, Madison, AL 35757
Property in Madison
Sold Apr 27, 2022
$440,000
Sold Jun 13, 2018
$292,000
$260,000 by Gmfs Llc
Mortgage Due Jul 01, 2038
1122 Nance Road in Madison, AL was first built in 2013 and is 11 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1122 Nance Road has 2,528 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 26,136 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 1,200 sqft. There are a total of 5 available parking spaces. 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 good. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1122 Nance Road was last sold in Apr 22, 2022 for $440,000. According to our calculations, that's $174.05 per sqft. Prior to that sales transaction, the property was sold for $292,000 in Jun 11, 2018. Current property owners are expected to pay $1,056 in taxes per year. The property on 1122 Nance Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,360. To break that down further, the land itself was valued at $1,500. While improvements to the property were assessed at a total of $28,860. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,200
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 2,528
  • Building Area: 2,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERMITAGE PLACE 05
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 9 T3S R2W TR 5 HERMITAGE PLACE DESC AS COMM AT THE SE COR OF SEC 9 TH N 89 DEG W 34.88 FT & N 802.81 FT TO THE POB TH N 8

Ownership

  • Current Owner : MILLER PAUL LOWE
  • Previous Owner : GILBERT MUNOZ-PEREZ
  • Owner Before Previous Owner: SMITH RYAN GARRISON
  • Owner Before Previous Owner 2: SMITH ASHTON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010623

Geography

  • Account Number: 590981
  • Subdivision Tract Number: 5
  • Parcel: 15-02-09-0-000-046.008
  • Meridian: SEC 09 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.7889
  • Longitude: -86.732

    Address

  • Full Address: 1122 Nance Rd
  • Address - House Number: 1122
  • Address - Street Name: Nance
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Madison
  • Carrier Code: R041
  • 4-Digit Zip Code: 7716
  • Zip Code: 35757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,056

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 412,086
  • High Value: 513,601
  • Low Value: 310,570

    Market Valuation

  • Market Total Value: $303,500
  • Market Land Value: $15,000
  • Market Improvement Value: $288,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,360
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $28,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 27, 2022
  • Current Sale Transaction ID: 11887211244
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Contract Date: Jun 11, 2018
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Jun 13, 2018
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About Madison



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Frequently Asked Questions

What neighborhood is 1122 Nance Road located in?
The 1122 Nance Road is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 1122 Nance Road?
The average sales price for units in 1122 Nance Road is $0 currently.

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