Check Availability

1768 Lakemont Drive

1768 Lakemont Drive, Gadsden, AL 35907
Property in Etowah
Sold Oct 31, 2017
$147,000
$144,337 by Fairway Independent Mortgage C
Mortgage
Local assessors in Gadsden, AL have categorized 1768 Lakemont Drive as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 138,720 square feet. The linear feet between the front and back of the lot was measured at 2,890 ft and the front of the lot was measured at 4,800 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. 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 1768 Lakemont Drive has a total of 2,897 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. The building has a gable or hip style roof that was made of metal. Lots of rock and stone 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. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1768 Lakemont Drive sold most recently in Oct 26, 2017 for a total of $147,000. If you work out the math, that's approximately a cost of $43.72 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 $1,047 in taxes each year. 1768 Lakemont Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,770. If we break it down further, the land itself was valued at $4,190. Improvements to the property, however, were assessed at a total of $21,580. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Poor
  • Construction Type: Masonry
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 138,720
  • Lot Size Depth Feet: 2,890
  • Lot Size Frontage Feet: 4,800
  • Total Building Area: 3,362
  • Building Area: 3,362
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,897
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN VALLEY LAKE EST UNIT 8
  • Land Acres: 3.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H/S BASE YEAR E1/2 LT 15 & ALL LTS 16-19 GREEN VALLEY LAKE EST UNIT 8 PLAT H-37 SOUTHSIDE 31-13-6

Ownership

  • Current Owner : HULL MORRI A
  • Current Owner 2: HULL STEPHANIE R
  • Previous Owner : RITCH JOYCE SNEAD
  • Previous Owner 2: MURRAY RICHARD K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Etowah County School District
  • Census Tract: 010504

Geography

  • Account Number: 225276
  • Parcel: 21-09-31-0-001-068.000
  • Lot: 15-19
  • Meridian: SEC 31 TWN 13S RNG 6E
  • Municipality: SOUTHSIDE
  • Latitude: 33.8624
  • Longitude: -86.0451

    Address

  • Full Address: 1768 Lakemont Dr S
  • Address - House Number: 1768
  • Street Segment Direction: S
  • Address - Street Name: Lakemont
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Gadsden
  • Carrier Code: R015
  • 4-Digit Zip Code: 5701
  • Zip Code: 35907

Valuation

    Tax

  • Total Area: 3,362
  • Tax Year: 2023
  • Tax Amount: $1,047
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 279,282
  • High Value: 333,577
  • Low Value: 224,986

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,337
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 31, 2017
  • First Open Lien Mortgage Loan Amount: $144,337
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $257,700
  • Market Land Value: $41,900
  • Market Improvement Value: $215,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,770
  • Assessed Land Value: $4,190
  • Assessed Improvements Value: $21,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2017
  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Transaction ID: 1397926127
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3458641

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 31, 2017
  • First Mortgage Loan Amount: $144,337
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Southside



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1768 Lakemont Drive located in?
The 1768 Lakemont Drive is a located in the neighborhood of Etowah in Southside, Gadsden.
What is the average sales price for listings in 1768 Lakemont Drive?
The average sales price for units in 1768 Lakemont Drive is $0 currently.

Quantcast