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148 Prospect Ridge Road

148 Prospect Ridge Road, Troy, AL 36079
Property in Pike
Sold Jul 08, 2021
$215,000
$172,000 by Pennymac Loan Services Llc
Mortgage Due Jul 08, 2051
Sold Apr 11, 2016
$177,000
Local assessors in Troy, AL have categorized 148 Prospect Ridge Road as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 17,860 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,370 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 148 Prospect Ridge Road has a total of 1,688 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. 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. As for flooring, was the material of choice during construction. 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, 148 Prospect Ridge Road sold most recently in Jul 6, 2021 for a total of $215,000. If you work out the math, that's approximately a cost of $127.37 per sqft. Before that, the property was also sold for $177,000 in Apr 7, 2016. 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 $0 in taxes each year. 148 Prospect Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,520. If we break it down further, the land itself was valued at $31,300. Improvements to the property, however, were assessed at a total of $204,220. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C-
  • 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
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE OAKS AT PROSPECT RIDGE
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT # 37 OF THE OAKS AT PROSPECT RIDGE PB 2007 PG 9 IN SEC 8 T9N R21E

Ownership

  • Current Owner : MARTIN RICHARD W
  • Current Owner 2: MARTIN JANE F
  • Previous Owner : KELLEY CRAIGORY B
  • Previous Owner 2: KELLEY SARAH A
  • Owner Before Previous Owner: CROWLEY GEORGE R
  • Owner Before Previous Owner 2: DEAN-CROWLEY ANDREA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY
  • Census Tract: 189003

Geography

  • Account Number: 820962
  • Parcel: 55 17 04 17 0 000 023.017
  • Lot: 37
  • Meridian: SEC 17 TWN 09N RNG 21E
  • Municipality: TROY
  • Latitude: 31.7636
  • Longitude: -85.974

    Address

  • Full Address: 148 Prospect Ridge Rd
  • Address - House Number: 148
  • Address - Street Name: Prospect Ridge
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Troy
  • Carrier Code: R015
  • 4-Digit Zip Code: 2976
  • Zip Code: 36079

Valuation

    Tax

  • Total Area: 2,028
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 175,760
  • High Value: 256,000
  • Low Value: 95,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $172,000
  • 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: Jul 08, 2051

    Market Valuation

  • Market Total Value: $235,520
  • Market Land Value: $31,300
  • Market Improvement Value: $204,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,520
  • Assessed Land Value: $31,300
  • Assessed Improvements Value: $204,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11843462175
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-2132
  • Previous Sale Recording Date: Apr 11, 2016
  • Previous Sale Contract Date: Apr 07, 2016
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $172,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 148 Prospect Ridge Road located in?
The 148 Prospect Ridge Road is a located in the neighborhood of Pike in Troy, Troy.
What is the average sales price for listings in 148 Prospect Ridge Road?
The average sales price for units in 148 Prospect Ridge Road is $0 currently.

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