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127 River Downs Drive

127 River Downs Drive, Huntsville, AL 35811
Property in Madison
Sold Aug 29, 2018
$212,000
$215,058 by Navy Fcu
Mortgage Due Sep 01, 2048
Local assessors in Huntsville, AL have categorized 127 River Downs Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 25,613 square feet. The linear feet between the front and back of the lot was measured at 2,170 ft and the front of the lot was measured at 1,180 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 127 River Downs Drive has a total of 2,233 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 good. 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. 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. 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, 127 River Downs Drive sold most recently in Aug 29, 2018 for a total of $212,000. If you work out the math, that's approximately a cost of $94.94 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 $957 in taxes each year. 127 River Downs Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,820. If we break it down further, the land itself was valued at $3,480. Improvements to the property, however, were assessed at a total of $24,340. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,613
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 2,233
  • Building Area: 2,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,233
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLINT RIVER DOWNS PH III
  • Land Acres: 0.588
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 FLINT RIVER DOWNS PH III PB 40 PG 4

Ownership

  • Current Owner : PACE DANIEL J
  • Current Owner 2: PACE KATELYN B
  • Previous Owner : LAFERRARA PETER T
  • Previous Owner 2: LAFERRARA LISA ROBIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010102

Geography

  • Account Number: 477398
  • Parcel: 08-07-36-0-003-030.004
  • Lot: 4
  • Meridian: SEC 36 TWN 02S RNG 01E
  • Municipality: COUNTY
  • Latitude: 34.822
  • Longitude: -86.4744

    Address

  • Full Address: 127 River Downs Dr
  • Address - House Number: 127
  • Address - Street Name: River Downs
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Huntsville
  • Carrier Code: R012
  • 4-Digit Zip Code: 8898
  • Zip Code: 35811

Valuation

    Tax

  • Total Area: 2,651
  • Tax Year: 2023
  • Tax Amount: $957

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 354,977
  • High Value: 442,161
  • Low Value: 267,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,058
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Aug 29, 2018
  • First Open Lien Mortgage Loan Amount: $215,058
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $278,100
  • Market Land Value: $34,800
  • Market Improvement Value: $243,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,820
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $24,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2018
  • Current Sale Recording Date: Aug 29, 2018
  • Current Sale Transaction ID: 11502417932
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180829000056052

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Aug 29, 2018
  • First Mortgage Loan Amount: $215,058
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 127 River Downs Drive located in?
The 127 River Downs Drive is a located in the neighborhood of Madison in Madison, Huntsville.
What is the average sales price for listings in 127 River Downs Drive?
The average sales price for units in 127 River Downs Drive is $0 currently.

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