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1556 Sherrod Avenue

1556 Sherrod Avenue, Florence, AL 35630
Property in Lauderdale
Sold May 26, 2021
$405,000
$367,500 by Pinnacle Bank
Mortgage Due May 20, 2041
Sold Jul 21, 2005
$62,000
Local assessors in Florence, AL have categorized 1556 Sherrod Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 11,326 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 750 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1556 Sherrod Avenue has a total of 1,294 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 poor. The building has a gable or hip style roof that was made of asphalt. Lots of a combination of material 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1556 Sherrod Avenue was last sold in May 20, 2021 for $405,000. According to our calculations, that's $312.98 per sqft. Prior to that sales transaction, the property was sold for $62,000 in Jul 20, 2005. Current property owners are expected to pay $1,024 in taxes per year. The property on 1556 Sherrod Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Building Condition: Poor
  • Exterior Walls Type: Combination
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HTS NO 2
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 75' X 150' UNIVERSITY HGHTS 2 BLK 15 LOT 9 .26 AC/C SEC 03 T3S R11W PB 2 PG 91 MEETING MIN 2021/33574

Ownership

  • Current Owner : HOOVER PROP II LLC
  • Previous Owner : CGOODSON PROPERTIES LLC
  • Owner Before Previous Owner: CLARK DANNY B
  • Owner Before Previous Owner 2: CLARK DEBORAH P
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Florence City School District
  • Census Tract: 011000

Geography

  • Account Number: 099170
  • District: WSFL001
  • Parcel: 24-02-03-3-001-026-000
  • Block: 15
  • Lot: 9
  • Meridian: SEC 03 TWN 03S RNG 11W
  • Municipality: CITY OF FLORENCE
  • Latitude: 34.8215
  • Longitude: -87.6858

    Address

  • Full Address: 1556 Sherrod Ave
  • Address - House Number: 1556
  • Address - Street Name: Sherrod
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Florence
  • Carrier Code: C032
  • 4-Digit Zip Code: 2132
  • Zip Code: 35630

Valuation

    Tax

  • Total Area: 1,392
  • Tax Year: 2023
  • Tax Amount: $1,024
  • Tax Rate Code Area: CITY OF FL

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 170,607
  • High Value: 211,838
  • Low Value: 129,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,500
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $367,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 20, 2041

    Market Valuation

  • Market Total Value: $104,500
  • Market Land Value: $6,300
  • Market Improvement Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,900

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11839673117
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: Jul 20, 2005
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $367,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 20, 2041

    Financing

  • First Mortgage Financing Type: Variable

About Florence



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Frequently Asked Questions

What neighborhood is 1556 Sherrod Avenue located in?
The 1556 Sherrod Avenue is a located in the neighborhood of Lauderdale in Florence, Florence.
What is the average sales price for listings in 1556 Sherrod Avenue?
The average sales price for units in 1556 Sherrod Avenue is $0 currently.

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