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156 Willoughby Drive

156 Willoughby Drive, New Hope, AL 35760
Property in Madison
Sold May 18, 2020
$75,000
$71,250 by Royal United Mortgage Llc
Mortgage Due Jun 01, 2050
Sold May 04, 2010
Transfer
$67,346 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2040
156 Willoughby Drive has been categorized by the local assessors in New Hope, AL as a residential type of property. The building on the property was first built in 1973 and is 51 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 156 Willoughby Drive has 1,025 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 970 ft. The area measurement of the land has been determined as 19,384 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a gravity heating system. 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, 156 Willoughby Drive sold most recently in May 14, 2020 for a total of $75,000. If you work out the math, that's approximately a cost of $73.17 per sqft. 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 $289 in taxes each year. 156 Willoughby Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,320. If we break it down further, the land itself was valued at $560. Improvements to the property, however, were assessed at a total of $7,760. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • 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
  • Living Units: 1
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,384
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINEY WOODS ESTATES
  • Land Acres: 0.445
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15 BLK 2 PINEY WOODS ESTS PB 7 PG 23

Ownership

  • Current Owner : DOOLEY TIMOTHY
  • Previous Owner : WELLMAN NATAHN A
  • Previous Owner 2: WELLMAN CARISSA
  • Owner Before Previous Owner: RICHARDSON CAROLYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011400

Geography

  • Account Number: 512903
  • Parcel: 22-09-32-0-002-036.000
  • Block: 2
  • Lot: 15
  • Meridian: SEC 32 TWN 05S RNG 02E
  • Municipality: NEW HOPE
  • Latitude: 34.561
  • Longitude: -86.4348

    Address

  • Full Address: 156 Willoughby Dr
  • Address - House Number: 156
  • Address - Street Name: Willoughby
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: New Hope
  • Carrier Code: R002
  • 4-Digit Zip Code: 9586
  • Zip Code: 35760

Valuation

    Tax

  • Total Area: 1,227
  • Tax Year: 2023
  • Tax Amount: $289

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 138,383
  • High Value: 172,971
  • Low Value: 103,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,250
  • First Open Lien Mortgage Lender: ROYAL UNITED MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $71,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $83,100
  • Market Land Value: $5,600
  • Market Improvement Value: $77,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,320
  • Assessed Land Value: $560
  • Assessed Improvements Value: $7,760

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11762114338
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00035565
  • Previous Sale Recording Date: May 04, 2010
  • Previous Sale Contract Date: Apr 29, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL UNITED MORTGAGE LLC
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $71,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 04, 2010
  • Previous Mortgage Loan Amount: $67,346
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

About New Hope



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Frequently Asked Questions

What neighborhood is 156 Willoughby Drive located in?
The 156 Willoughby Drive is a located in the neighborhood of Madison in New Hope, New Hope.
What is the average sales price for listings in 156 Willoughby Drive?
The average sales price for units in 156 Willoughby Drive is $0 currently.

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