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15156 Lakeside Trail Southwest

15156 Lakeside Trail Southwest, Huntsville, AL 35803
House in Grand Lake
Sold Jul 12, 2019
$265,000
$260,200 by Firstbank
Mortgage Due Aug 01, 2049
Sold Jun 14, 2016
$100
$236,654 by First Partners Bank
Mortgage Due Jul 01, 2046
Local assessors in Huntsville, AL have categorized 15156 Lakeside Trail Southwest as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 7,800 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15156 Lakeside Trail Southwest has a total of 2,849 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. 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, 15156 Lakeside Trail Southwest sold most recently in Jul 10, 2019 for a total of $265,000. If you work out the math, that's approximately a cost of $93.02 per sqft. Before that, the property was also sold for $100 in Jun 1, 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 $2,110 in taxes each year. 15156 Lakeside Trail Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,200. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $31,700. 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. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 2,849
  • Building Area: 2,849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND LAKE SUBDIVISION
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 GRAND LAKE SUBDIVISION PB # 20081030000682910

Ownership

  • Current Owner : REED MICHELLE
  • Current Owner 2: REED MATTHEW
  • Previous Owner : SAMUELS RHONDA SUE
  • Owner Before Previous Owner: MUNGO HOMES OF ALABAMA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 002803

Geography

  • Account Number: 494794
  • Parcel: 24-06-24-0-000-001.028
  • Lot: 28
  • Meridian: SEC 24 TWN 05S RNG 01W
  • Municipality: HUNTSVILLE
  • Latitude: 34.5928
  • Longitude: -86.5768

    Address

  • Full Address: 15156 Lakeside Trl Sw
  • Address - House Number: 15156
  • Street Segment Direction: SW
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Trl
  • State: AL
  • City Name: Huntsville
  • Carrier Code: C006
  • 4-Digit Zip Code: 4800
  • Zip Code: 35803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,110

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 402,179
  • High Value: 502,232
  • Low Value: 302,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,200
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Jul 12, 2019
  • First Open Lien Mortgage Loan Amount: $260,200
  • 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, 2049

    Market Valuation

  • Market Total Value: $371,900
  • Market Land Value: $55,000
  • Market Improvement Value: $316,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,200
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $31,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Transaction ID: 11621573980
  • Current Sale Price: $265,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 20190712000043471
  • Previous Sale Recording Date: Jun 14, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Jul 12, 2019
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PARTNERS BANK
  • Previous Mortgage Transaction Date: Jun 14, 2016
  • Previous Mortgage Loan Amount: $236,654
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

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Frequently Asked Questions

What neighborhood is 15156 Lakeside Trail Southwest located in?
The 15156 Lakeside Trail Southwest is a house located in the neighborhood of Grand Lake in Grand Lake, Huntsville.
What is the average sales price for listings in 15156 Lakeside Trail Southwest?
The average sales price for units in 15156 Lakeside Trail Southwest is $0 currently.

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