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1542 Tara Lane

1542 Tara Lane, Montgomery, AL 36117
Property in Montgomery
Sold Sep 19, 2022
$285,000
$231,990 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Apr 04, 2022
$195,000
1542 Tara Lane in Montgomery, AL was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1542 Tara Lane has 2,441 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 1,148 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 14,100 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The home has a gable or hip style roof made of shingle (not wood). For those who need parking, there is a carport. 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 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 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. 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, 1542 Tara Lane sold most recently in Sep 15, 2022 for a total of $285,000. If you work out the math, that's approximately a cost of $116.76 per sqft. Before that, the property was also sold for $195,000 in Apr 1, 2022. 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 $2,779 in taxes each year. 1542 Tara Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,520. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $24,520. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • 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: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 14,100
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,148
  • Total Building Area: 2,441
  • Building Area: 2,441
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,441
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HALCYON SOUTH 2F
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MAY JACK
  • Previous Owner : JC FEDERAL PROPERTIES LLC
  • Owner Before Previous Owner: GRANT JR ROBERT W
  • Owner Before Previous Owner 2: GRANT TAMMY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 005412

Zoning

  • Zoning: AGR-1

Geography

  • Assessors Map Reference: MAP 35 PG 193
  • Account Number: 223415
  • District: 2
  • Parcel: 09-09-29-2-000-110.000
  • Block: H
  • Lot: 17
  • Meridian: SEC 29 TWN 16N RNG 19E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3435
  • Longitude: -86.1847

    Address

  • Full Address: 1542 Tara Ln
  • Address - House Number: 1542
  • Address - Street Name: Tara
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Montgomery
  • Carrier Code: R049
  • 4-Digit Zip Code: 4738
  • Zip Code: 36117

Valuation

    Tax

  • Total Area: 2,662
  • Tax Year: 2023
  • Tax Amount: $2,779

    Appraisal Valuation

  • Standard Deviation: 0.1295
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 85
  • Final Value: 278,104
  • High Value: 314,141
  • Low Value: 242,067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,990
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 19, 2022
  • First Open Lien Mortgage Loan Amount: $231,990
  • 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, 2052

    Market Valuation

  • Market Total Value: $285,200
  • Market Land Value: $40,000
  • Market Improvement Value: $245,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,520
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $24,520

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Transaction ID: 11919852548
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4591447
  • Previous Sale Recording Date: Apr 04, 2022
  • Previous Sale Contract Date: Apr 01, 2022
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 19, 2022
  • First Mortgage Loan Amount: $231,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052

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Unit for rent at 2000 Central Parkway, Montgomery, AL, 36106

$996 /mo

  • 1 Bed
  • 1 Bath
  • 820 ft²
2000 Central Parkway #2000 Central Parkway - 1212, Montgomery, AL, 36106 Listing by Carrington Park Apartments

Frequently Asked Questions

What neighborhood is 1542 Tara Lane located in?
The 1542 Tara Lane is a located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 1542 Tara Lane?
The average sales price for units in 1542 Tara Lane is $0 currently.

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