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1504 Oak Lea Road

1504 Oak Lea Road, Decatur, AL 35603
Property in Morgan
Sold Oct 30, 2019
$158,000
Sold Nov 21, 2008
$2,000
$147,059 by Mortgageamerica Inc
Mortgage Due Nov 01, 2038
1504 Oak Lea Road in Decatur, AL was first built in 1994 and is 30 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1504 Oak Lea Road has 1,732 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 780 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 11,583 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 460 sqft. There are a total of 2 available parking spaces. 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 Oct 24, 2019 for $158,000. That's $91.22 per sqft. Prior to that sales transaction, the property was also sold in Nov 20, 2008 for $2,000. 1504 Oak Lea Road was last assessed in 2023. The total value of the property was assessed at $18,080. Specifically, the land the property is located on was valued at $2,490. While improvements on the property were assessed at a total of $15,590. 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 $772. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • 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: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,583
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK LEA S/D ADDITION #1
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18, OAK LEA S/D ADDITION #1 6 MB 9, PG 61 SEC 1, T6S, R5W

Ownership

  • Current Owner : PERRY TAYLOR M
  • Current Owner 2: PERRY HEATHER W
  • Previous Owner : OWENSBY GEORGE STUART
  • Previous Owner 2: OWENSBY ABDREA F
  • Owner Before Previous Owner: BUSING PATRICK J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur City School District
  • School Tax School District: DECATUR
  • Census Tract: 005108

Geography

  • Account Number: 128315
  • Parcel: 13-01-01-3-000-244.000
  • Lot: 18
  • Meridian: SEC 01 TWN 6S RNG 5W
  • Municipality: DECATUR
  • Latitude: 34.5517
  • Longitude: -87.0126

    Address

  • Full Address: 1504 Oak Lea Rd Sw
  • Address - House Number: 1504
  • Street Segment Direction: SW
  • Address - Street Name: Oak Lea
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Decatur
  • Carrier Code: C034
  • 4-Digit Zip Code: 3147
  • Zip Code: 35603

Valuation

    Tax

  • Total Area: 2,008
  • Tax Year: 2023
  • Tax Amount: $772
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.114
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 260,366
  • High Value: 290,067
  • Low Value: 230,664

    Market Valuation

  • Market Total Value: $180,800
  • Market Land Value: $24,900
  • Market Improvement Value: $155,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,080
  • Assessed Land Value: $2,490
  • Assessed Improvements Value: $15,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11672264432
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 21, 2008
  • Previous Sale Contract Date: Nov 20, 2008
  • Previous Sale Amount: $2,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $150,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGEAMERICA INC
  • Previous Mortgage Transaction Date: Nov 21, 2008
  • Previous Mortgage Loan Amount: $147,059
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2038

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Frequently Asked Questions

What neighborhood is 1504 Oak Lea Road located in?
The 1504 Oak Lea Road is a located in the neighborhood of Morgan in Decatur, Decatur.
What is the average sales price for listings in 1504 Oak Lea Road?
The average sales price for units in 1504 Oak Lea Road is $0 currently.

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