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16 Bayside Lane

16 Bayside Lane, Arab, AL 35016
Property in Marshall
Sold May 03, 2017
$112,500
Buyer
Seller
$115,151 by Hometown Lenders Llc
Mortgage Due May 01, 2047
Sold Aug 25, 2016
$69,000
Seller
16 Bayside Lane in Arab, AL was first built in 1998 and is 26 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16 Bayside Lane has 1,604 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. In total, the area measurement of the land is 39,204 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). 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 condition of the building has been evaluated as fair. 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. 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, 16 Bayside Lane sold most recently in Apr 26, 2017 for a total of $112,500. If you work out the math, that's approximately a cost of $70.14 per sqft. Before that, the property was also sold for $69,000 in Aug 23, 2016. 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 $511 in taxes each year. 16 Bayside Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,440. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG N 1828, W 184.45, NW 565 FROM SE COR SW 1/4 SE 1/4 16-8-2 894/226

Ownership

  • Current Owner : MYERS TYLER
  • Previous Owner : KENNAMER JOEL
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marshall County School District
  • Census Tract: 030502

Geography

  • Assessors Map Reference: MB5853; PG184
  • Account Number: 161944
  • District: DISTRICT 25
  • Parcel: 14-05-16-0-000-031.006
  • Meridian: SEC 16 TWN 8S RNG 2E
  • Municipality: LACEY SPRINGS
  • Latitude: 34.3381
  • Longitude: -86.4308

    Address

  • Full Address: 16 Bayside Ln
  • Address - House Number: 16
  • Address - Street Name: Bayside
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Arab
  • Carrier Code: R001
  • 4-Digit Zip Code: 3450
  • Zip Code: 35016

Valuation

    Tax

  • Total Area: 1,982
  • Tax Year: 2023
  • Tax Amount: $511
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.4652
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 183,518
  • High Value: 268,901
  • Low Value: 98,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,151
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS LLC
  • First Open Lien Mortgage Recording Date: May 03, 2017
  • First Open Lien Mortgage Loan Amount: $115,151
  • 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: May 01, 2047

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $8,500
  • Market Improvement Value: $125,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,440

    Sales

  • Current Sale Contract Date: Apr 26, 2017
  • Current Sale Recording Date: May 03, 2017
  • Current Sale Transaction ID: 1811782490
  • Current Sale Price: $112,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3158769
  • Previous Sale Recording Date: Aug 25, 2016
  • Previous Sale Contract Date: Aug 23, 2016
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS LLC
  • First Mortgage Transaction Date: May 03, 2017
  • First Mortgage Loan Amount: $115,151
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

About Marshall



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Frequently Asked Questions

What neighborhood is 16 Bayside Lane located in?
The 16 Bayside Lane is a located in the neighborhood of Marshall in Marshall, Arab.
What is the average sales price for listings in 16 Bayside Lane?
The average sales price for units in 16 Bayside Lane is $0 currently.

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