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1306 McGravey Lane

1306 McGravey Lane, Mount Olive, AL 35117
Property in Jefferson
Sold Jan 27, 2023
$10,000
$158,730 by Advance Mtg & Inv Company, Llc
Mortgage Due Feb 01, 2054
Sold Sep 01, 2016
$129,900
$133,573 by Fairway Independent Mortgage
Mortgage Due Sep 01, 2046
1306 McGravey Lane in Mount Olive, AL was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1306 McGravey Lane has 1,080 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 19,896 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a well system. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1306 McGravey Lane sold most recently in Dec 21, 2022 for a total of $10,000. If you work out the math, that's approximately a cost of $4.79 per sqft. Before that, the property was also sold for $129,900 in Aug 12, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $740 in taxes each year. 1306 McGravey Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,820. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1978
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • 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
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 1,008
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,896
  • Total Building Area: 2,088
  • Gross Building Area: 2,088
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SHOLUND SUB 7-32-3
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 SHOLUND SUBDIV 115/40

Ownership

  • Current Owner : CLEVELAND TAYLOR B
  • Previous Owner : CLEVELAND THOMAS A
  • Owner Before Previous Owner: CARY CHARLES B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 212536
  • District: 044-0000
  • Parcel: 07-00-32-3-004-001.008
  • Lot: 8
  • Meridian: SEC 32 TWN 15S RNG 03W
  • Municipality: COUNTY
  • Latitude: 33.687
  • Longitude: -86.8759

    Address

  • Full Address: 1306 Mccravey Ln
  • Address - House Number: 1306
  • Address - Street Name: Mccravey
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Mount Olive
  • Carrier Code: R073
  • 4-Digit Zip Code: 3678
  • Zip Code: 35117

Valuation

    Tax

  • Total Area: 1,508
  • Tax Year: 2022
  • Tax Amount: $740
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2626
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 221,962
  • High Value: 280,269
  • Low Value: 163,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,730
  • First Open Lien Mortgage Lender: ADVANCE MTG & INV COMPANY, LLC
  • First Open Lien Mortgage Recording Date: Feb 06, 2024
  • First Open Lien Mortgage Loan Amount: $158,730
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $158,200
  • Market Land Value: $48,000
  • Market Improvement Value: $110,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,820

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11902027417
  • Current Sale Price: $10,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2023006822
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T MORTGAGE
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $140,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • Previous Mortgage Transaction Date: Sep 01, 2016
  • Previous Mortgage Loan Amount: $133,573
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Mount Olive



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Frequently Asked Questions

What neighborhood is 1306 McGravey Lane located in?
The 1306 McGravey Lane is a located in the neighborhood of Jefferson in Mount Olive, Mount Olive.
What is the average sales price for listings in 1306 McGravey Lane?
The average sales price for units in 1306 McGravey Lane is $0 currently.

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