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116 Park Forest Terrace

116 Park Forest Terrace, Alabaster, AL 35007
Property in Shelby
Sold Feb 15, 2005
$181,500
Sold Aug 07, 2002
Transfer
$120,000 by Amsouth Bank
Mortgage Due Sep 01, 2032
116 Park Forest Terrace has been categorized by the local assessors in Alabaster, AL as a residential type of property. The building on the property was first built in 1995 and is 29 years old. However, we must point out that the home was most recently renovated and altered in 2006. Residents will have access to 2 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 Park Forest Terrace has 2,332 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 1,788 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 19,672 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. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. 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, 116 Park Forest Terrace sold most recently in Feb 10, 2005 for a total of $181,500. If you work out the math, that's approximately a cost of $77.83 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 $1,576 in taxes each year. 116 Park Forest Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,940. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 19,672
  • Lot Size Depth Feet: 1,788
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,332
  • Building Area: 2,332
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK FOREST 4TH SECTOR
  • Land Acres: 0.451
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 26 21S 03W NBRHD: 02 PARK FOREST R-2

Ownership

  • Current Owner : TAMBURELLO DANIEL
  • Current Owner 2: TAMBURELLO CHRISTINA G
  • Previous Owner : TYLER JAMES F
  • Previous Owner 2: TYLER LILLIAN L
  • Owner Before Previous Owner: MAHON JERRY M
  • Owner Before Previous Owner 2: MAHON DEBORAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alabaster City School District
  • School Tax School District: GM
  • Census Tract: 030611

Geography

  • Assessors Map Reference: MP 18 PG 095
  • District: 02
  • Parcel: 237260006035000
  • Lot: 35
  • Meridian: SEC 26 TWN 21S RNG 03W
  • Municipality: ALABASTER
  • Latitude: 33.178
  • Longitude: -86.8297

    Address

  • Full Address: 116 Park Forest Ter
  • Address - House Number: 116
  • Address - Street Name: Park Forest
  • Address - Suffix Type: Ter
  • State: AL
  • City Name: Alabaster
  • Carrier Code: R016
  • 4-Digit Zip Code: 7701
  • Zip Code: 35007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,576

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 359,712
  • High Value: 416,754
  • Low Value: 302,670

    Market Valuation

  • Market Total Value: $299,400
  • Market Land Value: $75,000
  • Market Improvement Value: $224,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2005
  • Current Sale Recording Date: Feb 15, 2005
  • Current Sale Transaction ID: 1004807889
  • Current Sale Price: $181,500
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 20050215000075520
  • Previous Sale Recording Date: Aug 07, 2002
  • Previous Sale Contract Date: Aug 05, 2002
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE FARM BANK FSB
  • First Mortgage Transaction Date: Feb 15, 2005
  • First Mortgage Loan Amount: $161,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Mar 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: AMSOUTH BANK
  • Previous Mortgage Transaction Date: Aug 07, 2002
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Alabaster



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Frequently Asked Questions

What neighborhood is 116 Park Forest Terrace located in?
The 116 Park Forest Terrace is a located in the neighborhood of Shelby in Alabaster, Alabaster.
What is the average sales price for listings in 116 Park Forest Terrace?
The average sales price for units in 116 Park Forest Terrace is $0 currently.

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