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211 McRainey Loop

211 McRainey Loop, Andalusia, AL 36420
Property in Covington
Sold Jan 04, 2022
$130,000
$137,373 by Crescent Mortgage Company
Mortgage Due Feb 01, 2052
Sold Jun 05, 2015
$30,000
Local assessors in Andalusia, AL have categorized 211 McRainey Loop as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 14,880 square feet. The linear feet between the front and back of the lot was measured at 1,860 ft and the front of the lot was measured at 800 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 211 McRainey Loop has a total of 2,054 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D-. The building has a gable or hip style roof that was made of shingle (not wood). Lots of alum/vinyl siding 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. 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, 211 McRainey Loop was last sold in Jan 3, 2022 for $130,000. According to our calculations, that's $63.29 per sqft. Prior to that sales transaction, the property was sold for $30,000 in May 22, 2015. Current property owners are expected to pay $401 in taxes per year. The property on 211 McRainey Loop was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $11,484. To break that down further, the land itself was valued at $820. While improvements to the property were assessed at a total of $10,664. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1945
  • Effective Year Built: 1945
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 14,880
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,054
  • Building Area: 2,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,054
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCARTAN ADDITION
  • Land Acres: 0.341
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DB/PG 2022/281 1/3/2022 LOT 24 & W 20' OF LOT 25 MCARTAN ADD PB 2 PG 34 SEC 16 T4N R16E

Ownership

  • Current Owner : KELLEY SARAH S
  • Previous Owner : IL SPURLIN JR WILLIAM
  • Previous Owner 2: IL CHARLOTTE S
  • Owner Before Previous Owner: CENTNER TIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Andalusia City School District
  • School Tax School District: ANDALUSIA
  • Census Tract: 962000

Geography

  • Account Number: 23420654
  • Section: 16
  • Parcel: 23-13-05-16-3-004-013.000
  • Lot: 24
  • Meridian: SEC 16 TWN 04N RNG 16E
  • Municipality: 4N
  • Latitude: 31.3123
  • Longitude: -86.4638

    Address

  • Full Address: 211 Mcrainey Loop
  • Address - House Number: 211
  • Address - Street Name: Mcrainey
  • Address - Suffix Type: Loop
  • State: AL
  • City Name: Andalusia
  • Carrier Code: C001
  • 4-Digit Zip Code: 3448
  • Zip Code: 36420

Valuation

    Tax

  • Total Area: 2,161
  • Tax Year: 2023
  • Tax Amount: $401
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 56
  • Final Value: 104,150
  • High Value: 126,995
  • Low Value: 81,304

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $169,373
  • First Open Lien Mortgage Lender: CRESCENT MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $137,373
  • 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: Feb 01, 2052
  • Second Open Lien Mortgage Lender: SOUTHERN INDEPENDENT BANK
  • Second Open Lien Mortgage Recording Date: Mar 03, 2023
  • Second Open Lien Mortgage Loan Amount: $32,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 03, 2053

    Market Valuation

  • Market Total Value: $114,840
  • Market Land Value: $8,200
  • Market Improvement Value: $106,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,484
  • Assessed Land Value: $820
  • Assessed Improvements Value: $10,664

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2022
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11887924614
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 05, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESCENT MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $137,373
  • First Mortgage Terms: 720
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2082

About Andalusia



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 211 McRainey Loop located in?
The 211 McRainey Loop is a located in the neighborhood of Covington in Andalusia, Andalusia.
What is the average sales price for listings in 211 McRainey Loop?
The average sales price for units in 211 McRainey Loop is $0 currently.

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