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124 Newgate Road

124 Newgate Road, Alabaster, AL 35007
House in Shelby
Sold May 25, 2021
$285,000
$228,000 by Embrace Home Loans Inc
Mortgage Due Jun 01, 2051
Sold Nov 03, 2003
$199,990
$193,950 by First Horizon Home Loan Corp
Mortgage Due Nov 01, 2033
124 Newgate Road in Alabaster, AL was first built in 1993 and is 31 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 124 Newgate Road has 2,918 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. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 15,000 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). For those who need parking, there is a garage underground or in the basement. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with 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. The property was last sold in May 24, 2021 for $285,000. That's $97.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 15, 2003 for $199,990. 124 Newgate Road was last assessed in 2023. The total value of the property was assessed at $33,820. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,591. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,452
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,918
  • Building Area: 2,918
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORWICK FOREST 2ND SECTOR
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 3 21S 03W NBRHD: 02 NORWICK R-2

Ownership

  • Current Owner : DONNELL LAWRENCE JOSEPH O
  • Current Owner 2: DONNELL MARY O
  • Previous Owner : WARD ROBERT
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alabaster City School District
  • School Tax School District: GM
  • Census Tract: 030607

Geography

  • Assessors Map Reference: MP 13 PG 023
  • District: 02
  • Parcel: 232032001001106
  • Block: 2
  • Lot: 11
  • Meridian: SEC 03 TWN 21S RNG 03W
  • Municipality: ALABASTER
  • Latitude: 33.2416
  • Longitude: -86.8401

    Address

  • Full Address: 124 Newgate Rd
  • Address - House Number: 124
  • Address - Street Name: Newgate
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Alabaster
  • Carrier Code: R007
  • 4-Digit Zip Code: 8407
  • Zip Code: 35007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,591

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 392,919
  • High Value: 457,686
  • Low Value: 328,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $338,200
  • Market Land Value: $80,000
  • Market Improvement Value: $258,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,820

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836555417
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210525000256390
  • Previous Sale Recording Date: Nov 03, 2003
  • Previous Sale Contract Date: Oct 15, 2003
  • Previous Sale Amount: $199,990
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Nov 03, 2003
  • Previous Mortgage Loan Amount: $193,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Alabaster



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 124 Newgate Road located in?
The 124 Newgate Road is a house located in the neighborhood of Shelby in Alabaster, Alabaster.
What is the average sales price for listings in 124 Newgate Road?
The average sales price for units in 124 Newgate Road is $302,000 currently.

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