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116 Riverside Drive

116 Riverside Drive, Bessemer, AL 35023
Property in Jefferson
Sold Sep 04, 2019
$144,000
$125,000 by Prosperity Home Mortgage
Mortgage Due Jan 01, 2049
116 Riverside Drive in Bessemer, AL was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 116 Riverside Drive has 1,200 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 28,314 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a carport. The garage is 150 sqft. The condition of the building has been evaluated as poor. 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 central 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. 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 Riverside Drive sold most recently in Aug 30, 2019 for a total of $144,000. If you work out the math, that's approximately a cost of $56.47 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 $0 in taxes each year. 116 Riverside Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,760. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Type: Unspecified basement
  • Basement Area: 1,350
  • Garage Type: Carport
  • Garage Square Area: 150
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 2,550
  • Gross Building Area: 2,550
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.65
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POB 115 FT N OF SW CORNER OF SW4 TH NE 130 FT TH SE 23 FT TO ALLEY TH S 105 FT TH SW 89 FT TH SW 71 FT TH N 123 FT TH NW 90 FT TO POB LYING IN SW1/4 OF SW1/4 SEC 16 TP 17 R 6W

Ownership

  • Current Owner : LAWRENCE JAMES
  • Current Owner 2: LAWRENCE MICHELLE
  • Previous Owner : MURRAY CAROLYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012200

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 1163
  • District: 050-0000
  • Parcel: 19-00-16-0-000-048.000
  • Meridian: SEC 16 TWN 17S RNG 06W
  • Municipality: COUNTY (BESS DIV)-50
  • Latitude: 33.5555
  • Longitude: -87.1794

    Address

  • Full Address: 116 Riverside Dr
  • Address - House Number: 116
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R005
  • 4-Digit Zip Code: 7734
  • Zip Code: 35023

Valuation

    Tax

  • Total Area: 1,758
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 53
  • Final Value: 150,545
  • High Value: 185,355
  • Low Value: 115,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 04, 2019
  • First Open Lien Mortgage Loan Amount: $125,000
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $157,500
  • Market Land Value: $72,800
  • Market Improvement Value: $84,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,760

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Transaction ID: 11645093903
  • Current Sale Price: $144,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019092031

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Mortgage Transaction Date: Sep 04, 2019
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Jefferson



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Frequently Asked Questions

What neighborhood is 116 Riverside Drive located in?
The 116 Riverside Drive is a located in the neighborhood of Jefferson in Jefferson, Bessemer.
What is the average sales price for listings in 116 Riverside Drive?
The average sales price for units in 116 Riverside Drive is $0 currently.

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