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205 Dement Street Northeast

205 Dement Street Northeast, Huntsville, AL 35801
House in Madison
Sold Dec 13, 2022
$650,000
$497,600 by Redstone Federal Credit Union
Mortgage Due Mar 01, 2053
Sold Dec 22, 2010
Transfer
$227,483 by Mortgageamerica Inc
Mortgage Due Jan 01, 2041
Local assessors in Huntsville, AL have categorized 205 Dement Street Northeast as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 9,453 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 630 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 205 Dement Street Northeast has a total of 1,799 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 972 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 wood control joints. The building has a gable or hip style roof that was made of asphalt. Lots of materials we are unsure of 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. 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, 205 Dement Street Northeast sold most recently in Dec 9, 2022 for a total of $650,000. If you work out the math, that's approximately a cost of $361.31 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 $1,799 in taxes each year. 205 Dement Street Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,840. If we break it down further, the land itself was valued at $5,680. Improvements to the property, however, were assessed at a total of $26,160. 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. 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!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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 972
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 9,453
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,799
  • Building Area: 1,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,799
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST HUNTSVILLE ADD
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 36 T3S R1W BEG ON THE W MAR OF 2ND AVE AT THE NE COR OF LOT 1 BLK 35 OF THE E HUNTSVILLE ADD TO THE CITY OF HUNTSVILLE AL

Ownership

  • Current Owner : MILLICAN SPENCER KEITH
  • Previous Owner : LOVELL JON MARK
  • Previous Owner 2: LOVELL LAUREN P
  • Owner Before Previous Owner: KELLY HAROLD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 003100

Geography

  • Account Number: 351764
  • Parcel: 14-07-36-1-005-098.000
  • Block: 35
  • Lot: 1
  • Meridian: SEC 36 TWN 03S RNG 01W
  • Municipality: HUNTSVILLE
  • Latitude: 34.7374
  • Longitude: -86.5774

    Address

  • Full Address: 205 Dement St Ne
  • Address - House Number: 205
  • Street Segment Direction: NE
  • Address - Street Name: Dement
  • Address - Suffix Type: St
  • State: AL
  • City Name: Huntsville
  • Carrier Code: C086
  • 4-Digit Zip Code: 6302
  • Zip Code: 35801

Valuation

    Tax

  • Total Area: 1,850
  • Tax Year: 2023
  • Tax Amount: $1,799

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 523,025
  • High Value: 653,537
  • Low Value: 392,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $497,600
  • First Open Lien Mortgage Lender: REDSTONE FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $497,600
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $318,300
  • Market Land Value: $56,700
  • Market Improvement Value: $261,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,840
  • Assessed Land Value: $5,680
  • Assessed Improvements Value: $26,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11899800468
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 22, 2010
  • Previous Sale Contract Date: Dec 20, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: METRO BANK
  • First Mortgage Transaction Date: Dec 13, 2022
  • First Mortgage Loan Amount: $512,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGEAMERICA INC
  • Previous Mortgage Transaction Date: Dec 22, 2010
  • Previous Mortgage Loan Amount: $227,483
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2041

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Frequently Asked Questions

What neighborhood is 205 Dement Street Northeast located in?
The 205 Dement Street Northeast is a house located in the neighborhood of Madison in Huntsville, Huntsville.
What is the average sales price for listings in 205 Dement Street Northeast?
The average sales price for units in 205 Dement Street Northeast is $0 currently.

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