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1570 Arcade Terrace

1570 Arcade Terrace, Bessemer, AL 35023
Property in Jefferson
Sold Nov 17, 2021
$110,000
$108,007 by Homebridge Financial Services
Mortgage Due Jan 01, 2051
1570 Arcade Terrace in Bessemer, AL was first built in 1989 and is 35 years old. Although, the building on the property was most recently renovated and altered in 1994. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 1570 Arcade Terrace has 1,028 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 1,240 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 17,732 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. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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. The property was last sold in Nov 15, 2021 for $110,000. That's $107.00 per sqft. 1570 Arcade Terrace was last assessed in 2022. The total value of the property was assessed at $11,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $578. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,732
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,028
  • Gross Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,028
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.407
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG SE COR OF NW1/4 OF NE1/4 OF SEC 23 TP 18S R 5W TH W 799.3 FT N 570 FT E 90 FT TO POB TH CONT E 130 FT S 123 FT TO RD R/W TH SW ALG RD 120 FT N 163.8 FT TO POB

Ownership

  • Current Owner : STEVENSON SARAH JANE
  • Previous Owner : MCDANIEL DENNIS W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R1-R

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 34512
  • District: 050-0000
  • Parcel: 31-00-23-1-000-051.005
  • Meridian: SEC 23 TWN 18S RNG 05W
  • Municipality: COUNTY (BESS DIV)-50
  • Latitude: 33.4637
  • Longitude: -87.029

    Address

  • Full Address: 1570 Arcade Ter
  • Address - House Number: 1570
  • Address - Street Name: Arcade
  • Address - Suffix Type: Ter
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R006
  • 4-Digit Zip Code: 1079
  • Zip Code: 35023

Valuation

    Tax

  • Total Area: 1,121
  • Tax Year: 2022
  • Tax Amount: $578
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 116,879
  • High Value: 143,559
  • Low Value: 90,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,007
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $108,007
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $115,300
  • Market Land Value: $32,000
  • Market Improvement Value: $83,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,540

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11869457103
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021132070

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $108,007
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Concord



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Frequently Asked Questions

What neighborhood is 1570 Arcade Terrace located in?
The 1570 Arcade Terrace is a located in the neighborhood of Jefferson in Concord, Bessemer.
What is the average sales price for listings in 1570 Arcade Terrace?
The average sales price for units in 1570 Arcade Terrace is $0 currently.

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