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122 Rainwood Drive Southwest

122 Rainwood Drive Southwest, Huntsville, AL 35824
Property in The Reserve
Sold May 03, 2016
$200,000
$180,000 by Interlinc Mortgage Services Ll
Mortgage Due May 01, 2046
Sold Apr 22, 2014
$210,400
$189,360 by Cb&s Bank
Mortgage Due May 01, 2034
Local assessors in Huntsville, AL have categorized 122 Rainwood Drive Southwest as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 8,119 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 122 Rainwood Drive Southwest has a total of 2,022 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 122 Rainwood Drive Southwest was last sold in Apr 29, 2016 for $200,000. According to our calculations, that's $98.91 per sqft. Prior to that sales transaction, the property was sold for $210,400 in Apr 21, 2014. Current property owners are expected to pay $1,948 in taxes per year. The property on 122 Rainwood Drive Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,420. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $28,420. 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. 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. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,119
  • Total Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR HILL AT THE RESERVE
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15 ARBOR HILL AT THE RESERVE PHASE II PB #20061002000668200

Ownership

  • Current Owner : PARRISH ADAM JAMES
  • Previous Owner : PHAM HUNG
  • Owner Before Previous Owner: VALOR COMMUNITIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 011202

Geography

  • Account Number: 431230
  • Parcel: 16-08-27-0-000-001.272
  • Lot: 15
  • Meridian: SEC 27 TWN 04S RNG 02W
  • Municipality: HUNTSVILLE
  • Latitude: 34.6602
  • Longitude: -86.7213

    Address

  • Full Address: 122 Rainwood Dr Sw
  • Address - House Number: 122
  • Street Segment Direction: SW
  • Address - Street Name: Rainwood
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Huntsville
  • Carrier Code: R036
  • 4-Digit Zip Code: 3124
  • Zip Code: 35824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,948

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 374,539
  • High Value: 464,752
  • Low Value: 284,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Open Lien Mortgage Recording Date: May 03, 2016
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: May 01, 2046

    Market Valuation

  • Market Total Value: $344,100
  • Market Land Value: $60,000
  • Market Improvement Value: $284,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,420
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $28,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 03, 2016
  • Current Sale Transaction ID: 1671730958
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160503000240350
  • Previous Sale Recording Date: Apr 22, 2014
  • Previous Sale Contract Date: Apr 21, 2014
  • Previous Sale Amount: $210,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Mortgage Transaction Date: May 03, 2016
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CB&S BANK
  • Previous Mortgage Transaction Date: Apr 22, 2014
  • Previous Mortgage Loan Amount: $189,360
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2034

About The Reserve



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Frequently Asked Questions

What neighborhood is 122 Rainwood Drive Southwest located in?
The 122 Rainwood Drive Southwest is a located in the neighborhood of The Reserve in The Reserve, Huntsville.
What is the average sales price for listings in 122 Rainwood Drive Southwest?
The average sales price for units in 122 Rainwood Drive Southwest is $0 currently.

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