Check Availability

1502 Memory Lane

1502 Memory Lane, Tuscumbia, AL 35674
Property in Colbert
Sold Jul 21, 2020
$215,000
$211,105 by Trustmark National Bank
Mortgage Due Aug 01, 2050
1502 Memory Lane in Tuscumbia, AL was first built in 2008 and is 16 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1502 Memory Lane has 1,958 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 2,000. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. 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 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 Jul 20, 2020 for $215,000. That's $92.71 per sqft. 1502 Memory Lane was last assessed in 2023. The total value of the property was assessed at $23,840. 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 $1,144. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • 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: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,319
  • Building Area: 2,319
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HEIGHTS /4-85
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 79 COLONIAL HEIGHTS 100 X 200 /DB 2020 PG 23226-23227

Ownership

  • Current Owner : JOHNSON ROBERT MICHAEL
  • Current Owner 2: KEENUM PAMELA A
  • Previous Owner : KEENUM DAVID MICHAEL
  • Previous Owner 2: KEENUM PAMELA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Tuscumbia City School District
  • Census Tract: 020600

Geography

  • Account Number: 40615
  • Parcel: 13-05-15-2-003-011.001
  • Lot: 79
  • Municipality: TUSCUMBIA
  • Latitude: 34.7108
  • Longitude: -87.6842

    Address

  • Full Address: 1502 Memory Ln
  • Address - House Number: 1502
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Tuscumbia
  • Carrier Code: C007
  • 4-Digit Zip Code: 4589
  • Zip Code: 35674

Valuation

    Tax

  • Total Area: 2,319
  • Tax Year: 2023
  • Tax Amount: $1,144
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 60
  • Final Value: 299,664
  • High Value: 381,731
  • Low Value: 217,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,105
  • First Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $211,105
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $238,400
  • Market Land Value: $19,200
  • Market Improvement Value: $219,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,840

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11775326412
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202023226

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Tuscumbia



Similar Buildings

Property at 1502 Memory Lane,

1217 Gayle Street

  • 1 Unit for Sale
1217 Gayle Street, Tuscumbia, AL 35674
Property at 1502 Memory Lane,

409 East 8th Street

  • 1 Unit for Sale
  • 1 Story
409 East 8th Street, Tuscumbia, AL 35674

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1502 Memory Lane located in?
The 1502 Memory Lane is a located in the neighborhood of Colbert in Tuscumbia, Tuscumbia.
What is the average sales price for listings in 1502 Memory Lane?
The average sales price for units in 1502 Memory Lane is $0 currently.

Quantcast