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1524 Oak Lane

1524 Oak Lane, Bessemer, AL 35023
House in Jefferson
Sold Oct 03, 2023
$183,400
$180,078 by Guild Mortgage Company Llc
Mortgage Due Oct 01, 2053
Sold Oct 03, 2023
$183,400
$180,078 by Guild Mortgage Company Llc
Mortgage Due Oct 01, 2053
1524 Oak Lane in Bessemer, AL was first built in 1963 and is 61 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 is only one bathroom. There are 2 partial bathrooms. 1524 Oak Lane has 1,404 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 1,150 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 18,630 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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, 1524 Oak Lane sold most recently in Sep 29, 2023 for a total of $183,400. If you work out the math, that's approximately a cost of $65.31 per sqft. Before that, the property was also sold for $183,400 in Sep 29, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $748 in taxes each year. 1524 Oak Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,980. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,404
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,630
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CONCORD HOMES
  • Land Acres: 0.428
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 CONCORD HOME

Ownership

  • Current Owner : PATTERSON THOMAS WAYNE CADE
  • Current Owner 2: DILL KATELYN
  • Previous Owner : ARNOLD KORI BROOKE
  • Owner Before Previous Owner: ARNOLD KORI BROOKE
  • Owner Before Previous Owner 2: ARNOLD KEVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 014001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 34671
  • District: 051-0000
  • Parcel: 31-00-23-2-002-008.000
  • Lot: 16
  • Meridian: SEC 23 TWN 18S RNG 05W
  • Municipality: COUNTY (BESS DIV)-51
  • Latitude: 33.4657
  • Longitude: -87.0322

    Address

  • Full Address: 1524 Oak Ln
  • Address - House Number: 1524
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R006
  • 4-Digit Zip Code: 4381
  • Zip Code: 35023

Valuation

    Tax

  • Total Area: 1,832
  • Tax Year: 2022
  • Tax Amount: $748
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1229
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 86
  • Final Value: 174,878
  • High Value: 196,382
  • Low Value: 153,374

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,078
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Oct 03, 2023
  • First Open Lien Mortgage Loan Amount: $180,078
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $159,700
  • Market Land Value: $32,000
  • Market Improvement Value: $127,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,980

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Transaction ID: 11914438231
  • Current Sale Price: $183,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023090068
  • Previous Sale Recording Date: Oct 03, 2023
  • Previous Sale Contract Date: Sep 29, 2023
  • Previous Sale Amount: $183,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Oct 03, 2023
  • Previous Mortgage Loan Amount: $180,078
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2053

About Concord



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Frequently Asked Questions

What neighborhood is 1524 Oak Lane located in?
The 1524 Oak Lane is a house located in the neighborhood of Jefferson in Concord, Bessemer.
What is the average sales price for listings in 1524 Oak Lane?
The average sales price for units in 1524 Oak Lane is $0 currently.

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