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116 Lakeland Ridge

116 Lakeland Ridge, Chelsea, AL 35043
Property in Shelby
Sold Jun 22, 2021
$460,000
$380,000 by Ark-la-tex Financial Services
Mortgage Due Jul 01, 2051
Sold Mar 17, 2021
$420,000
116 Lakeland Ridge has been categorized by the local assessors in Chelsea, AL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. Residents will have access to 3 full bathrooms. There are 3 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, 116 Lakeland Ridge has 2,591 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 1,250 ft and across the front of the lot is 1,600 ft. The area measurement of the land has been determined as 19,994 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 garage underground or in the basement for those who require parking. Residents will have the luxury of enjoying a screened porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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, 116 Lakeland Ridge was last sold in Jun 17, 2021 for $460,000. According to our calculations, that's $177.54 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Feb 22, 2021. Current property owners are expected to pay $2,408 in taxes per year. The property on 116 Lakeland Ridge was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,220. 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. 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.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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 816
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 2,591
  • Building Area: 2,591
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,591
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLYN HILLS PH 4
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 11 20S 02W NBRHD: 08 OAKLYN HILLS R-2

Ownership

  • Current Owner : WESTBROOK JASON A
  • Current Owner 2: WESTBROOK CHANEL W
  • Previous Owner : HARDY WHITLEY
  • Previous Owner 2: HARDY DAVID
  • Owner Before Previous Owner: LOWERY CODY W
  • Owner Before Previous Owner 2: LOWERY ALICE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Pelham City School District
  • School Tax School District: GM
  • Census Tract: 030615

Geography

  • Assessors Map Reference: MP 36 PG 096
  • District: 08
  • Parcel: 141111006003000
  • Lot: 26
  • Meridian: SEC 11 TWN 20S RNG 02W
  • Municipality: PELHAM
  • Latitude: 33.3132
  • Longitude: -86.7135

    Address

  • Full Address: 116 Lakeland Rdg
  • Address - House Number: 116
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Rdg
  • State: AL
  • City Name: Chelsea
  • Carrier Code: R005
  • 4-Digit Zip Code: 6020
  • Zip Code: 35043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,408

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 472,433
  • High Value: 547,350
  • Low Value: 397,516

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $422,190
  • Market Land Value: $85,000
  • Market Improvement Value: $337,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11840899169
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210622000303220
  • Previous Sale Recording Date: Mar 17, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Pelham



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Frequently Asked Questions

What neighborhood is 116 Lakeland Ridge located in?
The 116 Lakeland Ridge is a located in the neighborhood of Shelby in Pelham, Chelsea.
What is the average sales price for listings in 116 Lakeland Ridge?
The average sales price for units in 116 Lakeland Ridge is $0 currently.

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