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1231 McGravey Lane

1231 McGravey Lane, Mount Olive, AL 35117
Property in Jefferson
Sold Oct 07, 2005
$130,000
$128,981 by Commonwealth United Mortgage
Mortgage Due Oct 01, 2035
1231 McGravey Lane has been categorized by the local assessors in Mount Olive, AL as a residential type of property. The building on the property was first built in 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1231 McGravey Lane has 1,848 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 96,703 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 central 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1231 McGravey Lane was last sold in Sep 21, 2005 for $130,000. According to our calculations, that's $70.35 per sqft. Current property owners are expected to pay $773 in taxes per year. The property on 1231 McGravey Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,480. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1964
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • 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: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 96,703
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM NE COR OF SW 1/4 SEC 32 TP 15 R 3W TH S 504.7 FT TO POB TH S 221 FT TH W 330 FT TH N 396 FT TH E 135 FT TH S 175 FT TH E 195 FT TO POB

Ownership

  • Current Owner : DORRICOTT JOHNNIE
  • Current Owner 2: THOMPSON JOSH
  • Previous Owner : WILLIAMS DAVID PAUL
  • Previous Owner 2: WILLIAMS BETTY ROELLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011600

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 212497
  • District: 044-0000
  • Parcel: 07-00-32-3-001-008.000
  • Meridian: SEC 32 TWN 15S RNG 03W
  • Municipality: COUNTY
  • Latitude: 33.6882
  • Longitude: -86.874

    Address

  • Full Address: 1231 Mccravey Ln
  • Address - House Number: 1231
  • Address - Street Name: Mccravey
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Mount Olive
  • Carrier Code: R073
  • 4-Digit Zip Code: 3617
  • Zip Code: 35117

Valuation

    Tax

  • Total Area: 2,879
  • Tax Year: 2022
  • Tax Amount: $773
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 53
  • Final Value: 274,110
  • High Value: 337,492
  • Low Value: 210,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,981
  • First Open Lien Mortgage Lender: COMMONWEALTH UNITED MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 07, 2005
  • First Open Lien Mortgage Loan Amount: $128,981
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $164,800
  • Market Land Value: $26,900
  • Market Improvement Value: $137,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2005
  • Current Sale Recording Date: Oct 07, 2005
  • Current Sale Transaction ID: 1000460450
  • Current Sale Price: $130,000
  • Current Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH UNITED MORTGAGE
  • First Mortgage Transaction Date: Oct 07, 2005
  • First Mortgage Loan Amount: $128,981
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2035

About Mount Olive



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Frequently Asked Questions

What neighborhood is 1231 McGravey Lane located in?
The 1231 McGravey Lane is a located in the neighborhood of Jefferson in Mount Olive, Mount Olive.
What is the average sales price for listings in 1231 McGravey Lane?
The average sales price for units in 1231 McGravey Lane is $0 currently.

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