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116 Park Place Lane

116 Park Place Lane, Alabaster, AL 35007
Property in Shelby
Sold Jul 13, 2017
$80,000
$157,100 by Leaderone Financial Corporatio
Mortgage Due May 01, 2052
Sold Jun 30, 2017
$163,000
$5,000 by Southpoint Bank
Mortgage Due Jun 27, 2022
116 Park Place Lane in Alabaster, AL was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 116 Park Place Lane has 1,536 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. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,312. In total, the area measurement of the land is 8,529 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). For those who need parking, there is a carport. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. The property was last sold in Jun 27, 2017 for $80,000. That's $52.08 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2017 for $163,000. 116 Park Place Lane was last assessed in 2023. The total value of the property was assessed at $19,880. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,033. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,529
  • Lot Size Depth Feet: 1,312
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE 3RD ADDITION
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 10 21S 03W NBRHD: 02 BUCK CREEK R-2

Ownership

  • Current Owner : SMITH CHRISTOPHER C
  • Current Owner 2: SMITH STACY L
  • Previous Owner : SMITH CHRISTOPHER C
  • Owner Before Previous Owner: HUDSON DONALD E
  • Owner Before Previous Owner 2: HUDSON ROWANNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alabaster City School District
  • School Tax School District: GM
  • Census Tract: 030607

Geography

  • Assessors Map Reference: MP 17 PG 083
  • District: 02
  • Parcel: 232104003019000
  • Lot: 19
  • Meridian: SEC 10 TWN 21S RNG 03W
  • Municipality: ALABASTER
  • Latitude: 33.2171
  • Longitude: -86.8316

    Address

  • Full Address: 116 Park Place Ln
  • Address - House Number: 116
  • Address - Street Name: Park Place
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Alabaster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5164
  • Zip Code: 35007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 242,767
  • High Value: 281,264
  • Low Value: 204,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,100
  • First Open Lien Mortgage Lender: LEADERONE FINANCIAL CORPORATIO
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $157,100
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $198,700
  • Market Land Value: $60,000
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jul 13, 2017
  • Current Sale Transaction ID: 1589960333
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170713000249390
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 26, 2017
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHPOINT BANK
  • Previous Mortgage Transaction Date: Jun 30, 2017
  • Previous Mortgage Loan Amount: $5,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Jun 27, 2022

About Alabaster



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Frequently Asked Questions

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

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