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1177 County Rd 500

1177 County Rd 500, Valley, AL 36854
Property in Chambers
Sold Nov 04, 2021
$210,000
$206,196 by Rocket Mortgage Llc
Mortgage
Sold Jun 30, 2021
$117,000
1177 County Rd 500 has been categorized by the local assessors in Valley, AL as a residential type of property. The building on the property was first built in 1985 and is 39 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1177 County Rd 500 has 2,064 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 2,000 ft and across the front of the lot is 3,000 ft. The area measurement of the land has been determined as 56,628 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. Residents will have the luxury of enjoying a open 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 excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1177 County Rd 500 sold most recently in Oct 26, 2021 for a total of $210,000. If you work out the math, that's approximately a cost of $101.74 per sqft. Before that, the property was also sold for $117,000 in Jun 17, 2021. 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 $2,024 in taxes each year. 1177 County Rd 500 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,160. If we break it down further, the land itself was valued at $1,720. Improvements to the property, however, were assessed at a total of $41,440. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Building Quality: D+
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG 455' S OF & 56.9' E OF NW COR OF SE1/4 OF NW1/4 & ON E MARGIN OF CO. ROAD 500, RUN E'LY200', S300', W'LY200' TO ROAD, N A

Ownership

  • Current Owner : ADAMS MARK
  • Previous Owner : RIVERSOUTH PROPERTIES LLC
  • Owner Before Previous Owner: COLE MELISSA DAWN
  • Owner Before Previous Owner 2: COLE JAMES PATRICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chambers County School District
  • School Tax School District: COUNTY
  • Census Tract: 954700

Geography

  • Account Number: 486075
  • District: 02
  • Parcel: 12-20-01-01-0-001-028.006
  • Meridian: SEC 01 TWN 20 RNG 28
  • Municipality: COUNTY
  • Latitude: 32.7549
  • Longitude: -85.1941

    Address

  • Full Address: 1177 County Road 500
  • Address - House Number: 1177
  • Address - Street Name: County Road 500
  • State: AL
  • City Name: Valley
  • Carrier Code: R003
  • 4-Digit Zip Code: 8129
  • Zip Code: 36854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,024
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4659
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 6
  • Final Value: 206,635
  • High Value: 302,908
  • Low Value: 110,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,196
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $206,196
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $215,820
  • Market Land Value: $8,620
  • Market Improvement Value: $207,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,160
  • Assessed Land Value: $1,720
  • Assessed Improvements Value: $41,440

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11872341285
  • Current Sale Price: $210,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 30, 2021
  • Previous Sale Contract Date: Jun 17, 2021
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Chambers



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1177 County Rd 500 located in?
The 1177 County Rd 500 is a located in the neighborhood of Chambers in Chambers, Valley.
What is the average sales price for listings in 1177 County Rd 500?
The average sales price for units in 1177 County Rd 500 is $0 currently.

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