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2217 Sorrento Place

2217 Sorrento Place, Decatur, AL 35603
Property in Morgan
Sold Jun 29, 2020
$284,000
$255,600 by Broker Solutions Inc
Mortgage Due Jul 01, 2050
Local assessors in Decatur, AL have categorized 2217 Sorrento Place as a residential type of property. The home was built in 2020 and is 4 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 12,630 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 2217 Sorrento Place has a total of 2,522 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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - C+. The building has a gable style roof that was made of asphalt. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2217 Sorrento Place sold most recently in Jun 26, 2020 for a total of $284,000. If you work out the math, that's approximately a cost of $112.61 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 $1,399 in taxes each year. 2217 Sorrento Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,930. If we break it down further, the land itself was valued at $4,280. Improvements to the property, however, were assessed at a total of $27,650. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2020
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: C+
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,630
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,522
  • Building Area: 2,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALMON PLACE ADDITION NO. 4
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 24 ALMON PLACE ADDITION NO. 4 MB 2006 PG 23 SEC 35, T5S, R5W

Ownership

  • Current Owner : BRACKEN JODHUA C
  • Previous Owner : RICKY MCCURRY HOMEBUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur City School District
  • School Tax School District: DECATUR
  • Census Tract: 005106

Geography

  • Assessors Map Reference: MB2006 PG23
  • Account Number: 113319
  • Parcel: 02-07-35-3-000-001.020
  • Lot: 24
  • Meridian: SEC 35 TWN 5S RNG 5W
  • Municipality: DECATUR
  • Latitude: 34.5655
  • Longitude: -87.0277

    Address

  • Full Address: 2217 Sorrento Pl Sw
  • Address - House Number: 2217
  • Street Segment Direction: SW
  • Address - Street Name: Sorrento
  • Address - Suffix Type: Pl
  • State: AL
  • City Name: Decatur
  • Carrier Code: C024
  • 4-Digit Zip Code: 2958
  • Zip Code: 35603

Valuation

    Tax

  • Total Area: 2,907
  • Tax Year: 2023
  • Tax Amount: $1,399
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4767
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 4
  • Final Value: 361,430
  • High Value: 533,733
  • Low Value: 189,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,600
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $255,600
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $319,300
  • Market Land Value: $42,800
  • Market Improvement Value: $276,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,930
  • Assessed Land Value: $4,280
  • Assessed Improvements Value: $27,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11770279783
  • Current Sale Price: $284,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $255,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Jul 01, 2050

About Decatur



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Frequently Asked Questions

What neighborhood is 2217 Sorrento Place located in?
The 2217 Sorrento Place is a located in the neighborhood of Morgan in Decatur, Decatur.
What is the average sales price for listings in 2217 Sorrento Place?
The average sales price for units in 2217 Sorrento Place is $0 currently.

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