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1221 Gilberts Ferry Road

1221 Gilberts Ferry Road, Gadsden, AL 35905
Property in Calhoun
Sold Apr 22, 2020
$32,000
$224,100 by Cheaha Bank
Mortgage Due Feb 01, 2052
1221 Gilberts Ferry Road in Gadsden, AL was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. 1221 Gilberts Ferry Road has 1,120 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 278,958 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as poor. 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, 1221 Gilberts Ferry Road sold most recently in Apr 21, 2020 for a total of $32,000. If you work out the math, that's approximately a cost of $27.40 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 $796 in taxes each year. 1221 Gilberts Ferry Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,718. If we break it down further, the land itself was valued at $4,810. Improvements to the property, however, were assessed at a total of $16,908. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Mobile home
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 278,958
  • Total Building Area: 1,168
  • Gross Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 6.404
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SEC 24 TSP 13S RNG 06E BEG SW COR SEC 24 TH N 396.3 NE664.8 S 526 NW 620 N 80 TO POB

Ownership

  • Current Owner : MCGLAUGHN RUSSELL B
  • Current Owner 2: MCGLAUGHN HANNAH T
  • Previous Owner : GRISSOM GINGER K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Calhoun County School District
  • Census Tract: 002502

Geography

  • Parcel: 05-06-24-0-000-011.001
  • Meridian: SEC 24 TWN 13S RNG 06E
  • Latitude: 33.8786
  • Longitude: -85.9676

    Address

  • Full Address: 1221 Gilberts Ferry Rd
  • Address - House Number: 1221
  • Address - Street Name: Gilberts Ferry
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Ohatchee
  • Carrier Code: R002
  • 4-Digit Zip Code: 7335
  • Zip Code: 36271

Valuation

    Tax

  • Total Area: 1,168
  • Tax Year: 2023
  • Tax Amount: $796
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 215,077
  • High Value: 266,725
  • Low Value: 163,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,100
  • First Open Lien Mortgage Lender: CHEAHA BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $224,100
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $217,180
  • Market Land Value: $48,100
  • Market Improvement Value: $169,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,718
  • Assessed Land Value: $4,810
  • Assessed Improvements Value: $16,908

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11755949373
  • Current Sale Price: $32,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 3262-0834

    Last Sale Mortgage

  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Type: Purchase Money Mortgage

About Calhoun



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Frequently Asked Questions

What neighborhood is 1221 Gilberts Ferry Road located in?
The 1221 Gilberts Ferry Road is a modular home located in the neighborhood of Calhoun in Calhoun, Gadsden.
What is the average sales price for listings in 1221 Gilberts Ferry Road?
The average sales price for units in 1221 Gilberts Ferry Road is $0 currently.

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