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1134 Laverne Circle

1134 Laverne Circle, Arab, AL 35016
Property in Marshall
Sold Oct 13, 2016
$120,000
$116,400 by Hometown Lenders Llc
Mortgage Due Nov 01, 2046
Sold Dec 08, 2015
Transfer
1134 Laverne Circle has been categorized by the local assessors in Arab, AL as a residential type of property. The building on the property was first built in 1994 and is 30 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, 1134 Laverne Circle has 1,412 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,477 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. Moving on to the building itself. The condition of the building has been evaluated as poor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of unknown. 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, 1134 Laverne Circle sold most recently in Oct 11, 2016 for a total of $120,000. If you work out the math, that's approximately a cost of $84.99 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 $1,082 in taxes each year. 1134 Laverne Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,840. If we break it down further, the land itself was valued at $3,740. Improvements to the property, however, were assessed at a total of $25,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1994
  • Effective Year Built: 1994
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,477
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE DRIVE SUBDIVISION
  • Land Acres: 0.447
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT #10 LAKE DRIVE SUBDIVISION PB 7 PG 303 113 X 172 21 IRR 8-2-95 1432/128

Ownership

  • Current Owner : SALTER PATRICIA
  • Previous Owner : CLEMONS TIMOTHY MARLON
  • Owner Before Previous Owner: CLEMONS TIMOTHY MARLON
  • Owner Before Previous Owner 2: THE MARLIN LEVOYD CLEMONS REVO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marshall County School District
  • Census Tract: 030401

Geography

  • Assessors Map Reference: MB5767; PG151
  • Account Number: 161517
  • District: DISTRICT 25
  • Parcel: 13-05-16-0-001-020.010
  • Lot: 10
  • Meridian: SEC 16 TWN 8S RNG 1E
  • Municipality: LACEY SPRINGS
  • Latitude: 34.3394
  • Longitude: -86.5312

    Address

  • Full Address: 1134 Laverne Cir Nw
  • Address - House Number: 1134
  • Street Segment Direction: NW
  • Address - Street Name: Laverne
  • Address - Suffix Type: Cir
  • State: AL
  • City Name: Arab
  • Carrier Code: R006
  • 4-Digit Zip Code: 4572
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 1,821
  • Tax Year: 2023
  • Tax Amount: $1,082
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 193,513
  • High Value: 283,546
  • Low Value: 103,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,400
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2016
  • First Open Lien Mortgage Loan Amount: $116,400
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $144,200
  • Market Land Value: $18,700
  • Market Improvement Value: $125,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,840
  • Assessed Land Value: $3,740
  • Assessed Improvements Value: $25,100

    Sales

  • Current Sale Contract Date: Oct 11, 2016
  • Current Sale Recording Date: Oct 13, 2016
  • Current Sale Transaction ID: 1818876968
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3150250
  • Previous Sale Recording Date: Dec 08, 2015
  • Previous Sale Contract Date: Nov 25, 2015
  • Previous Sale Document Type: Administrator's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS LLC
  • First Mortgage Transaction Date: Oct 13, 2016
  • First Mortgage Loan Amount: $116,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Marshall



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Frequently Asked Questions

What neighborhood is 1134 Laverne Circle located in?
The 1134 Laverne Circle is a located in the neighborhood of Marshall in Marshall, Arab.
What is the average sales price for listings in 1134 Laverne Circle?
The average sales price for units in 1134 Laverne Circle is $0 currently.

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