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181 Bermuda Lakes Drive

181 Bermuda Lakes Drive, New Market, AL 35761
Property in Madison
Sold Aug 24, 2022
$272,500
Sold May 08, 2019
$158,900
$154,133 by Vanderbilt Mortgage & Finance
Mortgage Due Jun 01, 2049
181 Bermuda Lakes Drive in New Market, AL was first built in 2010 and is 14 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 181 Bermuda Lakes Drive has 2,403 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 10,876 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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. The property was last sold in Aug 19, 2022 for $272,500. That's $113.40 per sqft. Prior to that sales transaction, the property was also sold in May 7, 2019 for $158,900. 181 Bermuda Lakes Drive was last assessed in 2023. The total value of the property was assessed at $51,880. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $41,880. 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 $1,864. 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! 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,876
  • Total Building Area: 2,403
  • Building Area: 2,403
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,403
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERMUDA LAKES
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 40 BERMUDA LAKES PB # 20080506000295110

Ownership

  • Current Owner : PORTICO 3 LLC
  • Previous Owner : WILSON COURTNEY A
  • Previous Owner 2: WILSON SHANE A
  • Owner Before Previous Owner: D & D INVESTMENT GROUP LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010302

Geography

  • Account Number: 599727
  • Parcel: 08-02-10-0-000-002.036
  • Lot: 40
  • Meridian: SEC 10 TWN 02S RNG 01E
  • Municipality: COUNTY
  • Latitude: 34.8878
  • Longitude: -86.5099

    Address

  • Full Address: 181 Bermuda Lakes Dr
  • Address - House Number: 181
  • Address - Street Name: Bermuda Lakes
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Meridianville
  • Carrier Code: R805
  • 4-Digit Zip Code: 2602
  • Zip Code: 35759

Valuation

    Tax

  • Total Area: 2,627
  • Tax Year: 2023
  • Tax Amount: $1,864

    Appraisal Valuation

  • Standard Deviation: 0.2601
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 63
  • Final Value: 323,500
  • High Value: 407,670
  • Low Value: 239,330

    Market Valuation

  • Market Total Value: $259,400
  • Market Land Value: $50,000
  • Market Improvement Value: $209,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,880
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $41,880

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Transaction ID: 11895285355
  • Current Sale Price: $272,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 08, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $158,900
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • Previous Mortgage Transaction Date: May 08, 2019
  • Previous Mortgage Loan Amount: $154,133
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Madison



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Frequently Asked Questions

What neighborhood is 181 Bermuda Lakes Drive located in?
The 181 Bermuda Lakes Drive is a other located in the neighborhood of Madison in Madison, New Market.
What is the average sales price for listings in 181 Bermuda Lakes Drive?
The average sales price for units in 181 Bermuda Lakes Drive is $0 currently.

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