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2003 New Center Road

2003 New Center Road, Somerville, AL 35670
Property in Morgan
Sold Mar 22, 2021
$239,900
$227,905 by Merit Bank
Mortgage Due Apr 01, 2051
Sold Aug 20, 2019
$192,500
$192,500 by Pennymac Loan Services Llc
Mortgage Due Sep 01, 2049
2003 New Center Road in Somerville, AL was first built in 1993 and is 31 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 is a 1 partial bathroom. 2003 New Center Road has 1,301 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 21,780 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. 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 quality of the control joints have been graded by the local assessor with a letter grade of C+. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2003 New Center Road was last sold in Feb 25, 2021 for $239,900. According to our calculations, that's $184.40 per sqft. Prior to that sales transaction, the property was sold for $192,500 in Aug 19, 2019. Current property owners are expected to pay $896 in taxes per year. The property on 2003 New Center Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,380. To break that down further, the land itself was valued at $700. While improvements to the property were assessed at a total of $24,680. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: C+
  • 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: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,301
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW CENTER
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT SW COR OF NE1/4 OF NW1/4 SEC 28, T6S, R3W, TH E 252.52'; TH N 916.01' TO TPOB, TH W 202.08' TO E R/W OF NEW CENTER RD;

Ownership

  • Current Owner : MCDOWELL TIMOTHY
  • Current Owner 2: MCDOWELL STEPHANIE
  • Previous Owner : WISE JAMES
  • Previous Owner 2: WISE RITA
  • Owner Before Previous Owner: HOLLOWAY BRADLEY D
  • Owner Before Previous Owner 2: HOLLOWAY SUSAN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morgan County School District
  • School Tax School District: COUNTY #1
  • Census Tract: 005404

Geography

  • Account Number: 317120
  • Parcel: 11-08-28-0-000-010.006
  • Meridian: SEC 28 TWN 6S RNG 3W
  • Municipality: COUNTY
  • Latitude: 34.4982
  • Longitude: -86.8555

    Address

  • Full Address: 2003 New Center Rd
  • Address - House Number: 2003
  • Address - Street Name: New Center
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Somerville
  • Carrier Code: R004
  • 4-Digit Zip Code: 3822
  • Zip Code: 35670

Valuation

    Tax

  • Total Area: 2,292
  • Tax Year: 2023
  • Tax Amount: $896
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.259
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 318,250
  • High Value: 400,687
  • Low Value: 235,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,905
  • First Open Lien Mortgage Lender: MERIT BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $227,905
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $253,800
  • Market Land Value: $7,000
  • Market Improvement Value: $246,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,380
  • Assessed Land Value: $700
  • Assessed Improvements Value: $24,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11828272853
  • Current Sale Price: $239,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 20, 2019
  • Previous Sale Contract Date: Aug 19, 2019
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIT BANK
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $227,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Previous Mortgage Transaction Date: Aug 20, 2019
  • Previous Mortgage Loan Amount: $192,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Morgan



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Frequently Asked Questions

What neighborhood is 2003 New Center Road located in?
The 2003 New Center Road is a located in the neighborhood of Morgan in Morgan, Somerville.
What is the average sales price for listings in 2003 New Center Road?
The average sales price for units in 2003 New Center Road is $0 currently.

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