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2203 Pennylane Southeast

2203 Pennylane Southeast, Decatur, AL 35601
Property in Morgan
Sold Nov 30, 2011
$11,000
$158,575 by Platinum Mortgage Inc
Mortgage Due Dec 02, 2041
Sold Nov 30, 2011
$4,500
$158,575 by Platinum Mortgage Inc
Mortgage Due Dec 02, 2041
2203 Pennylane Southeast in Decatur, AL was first built in 1958 and is 66 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. 2203 Pennylane Southeast has 2,214 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. The linear feet across the front of the lot is 1,320 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 17,400 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 504 sqft. There are a total of 2 available parking spaces. 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 plaster. 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. 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, 2203 Pennylane Southeast sold most recently in Nov 23, 2011 for a total of $11,000. If you work out the math, that's approximately a cost of $4.97 per sqft. Before that, the property was also sold for $4,500 in Nov 28, 2011. 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 $904 in taxes each year. 2203 Pennylane Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,980. If we break it down further, the land itself was valued at $3,110. Improvements to the property, however, were assessed at a total of $17,870. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 7
  • 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: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,400
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 2,214
  • Building Area: 2,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKMEAD ADD #1
  • Land Acres: 0.399
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLOCK 5 BROOKMEAD ADD #1 PLAT BOOK 2 PAGE 87

Ownership

  • Current Owner : BECHER SCOTT
  • Previous Owner : BELCHER BARBI
  • Owner Before Previous Owner: BELCHER SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur City School District
  • School Tax School District: DECATUR
  • Census Tract: 000200

Geography

  • Account Number: 143601
  • Parcel: 03-08-33-1-010-002.000
  • Block: 5
  • Lot: 14
  • Meridian: SEC 33 TWN 5S RNG 4W
  • Municipality: DECATUR
  • Latitude: 34.5717
  • Longitude: -86.9541

    Address

  • Full Address: 2203 Pennylane Se
  • Address - House Number: 2203
  • Street Segment Direction: SE
  • Address - Street Name: Pennylane
  • State: AL
  • City Name: Decatur
  • Carrier Code: C016
  • 4-Digit Zip Code: 6131
  • Zip Code: 35601

Valuation

    Tax

  • Total Area: 2,567
  • Tax Year: 2023
  • Tax Amount: $904
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4767
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 4
  • Final Value: 269,380
  • High Value: 397,800
  • Low Value: 140,959

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $234,475
  • First Open Lien Mortgage Lender: PLATINUM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 30, 2011
  • First Open Lien Mortgage Loan Amount: $158,575
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 02, 2041
  • Second Open Lien Mortgage Lender: REDSTONE FCU
  • Second Open Lien Mortgage Recording Date: Aug 16, 2018
  • Second Open Lien Mortgage Loan Amount: $75,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Market Valuation

  • Market Total Value: $209,800
  • Market Land Value: $31,100
  • Market Improvement Value: $178,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,980
  • Assessed Land Value: $3,110
  • Assessed Improvements Value: $17,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2011
  • Current Sale Recording Date: Nov 30, 2011
  • Current Sale Transaction ID: 1000756418
  • Current Sale Price: $11,000
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Nov 30, 2011
  • Previous Sale Contract Date: Nov 28, 2011
  • Previous Sale Amount: $4,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 30, 2011
  • Previous Mortgage Loan Amount: $158,575
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 02, 2041

About Decatur



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Nearby Rentals

Unit for rent at 709 4th Avenue Se, Decatur, AL, 35601

$2,100 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,603 ft²
709 4th Avenue Se, Decatur, AL, 35601 Listing by Kelsey Davis

Frequently Asked Questions

What neighborhood is 2203 Pennylane Southeast located in?
The 2203 Pennylane Southeast is a located in the neighborhood of Morgan in Decatur, Decatur.
What is the average sales price for listings in 2203 Pennylane Southeast?
The average sales price for units in 2203 Pennylane Southeast is $0 currently.

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