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226 Silverstone Lane

226 Silverstone Lane, Alabaster, AL 35007
Property in Shelby
Sold Apr 09, 2020
$196,900
$204,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2042
Sold Aug 22, 2002
$126,000
$86,000 by Regions Mtg Inc
Mortgage Due Sep 01, 2017
226 Silverstone Lane has been categorized by the local assessors in Alabaster, AL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 226 Silverstone Lane has 1,584 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,750 ft and across the front of the lot is 1,839 ft. The area measurement of the land has been determined as 27,704 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 226 Silverstone Lane sold most recently in Apr 7, 2020 for a total of $196,900. If you work out the math, that's approximately a cost of $124.31 per sqft. Before that, the property was also sold for $126,000 in Aug 13, 2002. 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 $1,253 in taxes each year. 226 Silverstone Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,960. 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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,704
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,839
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STAGE COACH TRACE SECTOR 3
  • Land Acres: 0.636
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 25 21S 03W NBRHD: 02 STAGE COACH R-2

Ownership

  • Current Owner : PENNINGTON GARY D
  • Current Owner 2: PENNINGTON AMBER C
  • Previous Owner : TIDWELL LARRY
  • Owner Before Previous Owner: OLD SOUTH BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alabaster City School District
  • School Tax School District: GM
  • Census Tract: 030613

Geography

  • Assessors Map Reference: MP 29 PG 039
  • District: 02
  • Parcel: 237253003048000
  • Lot: 312
  • Meridian: SEC 25 TWN 21S RNG 03W
  • Municipality: ALABASTER
  • Latitude: 33.1707
  • Longitude: -86.8076

    Address

  • Full Address: 226 Silverstone Ln
  • Address - House Number: 226
  • Address - Street Name: Silverstone
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Alabaster
  • Carrier Code: R009
  • 4-Digit Zip Code: 8568
  • Zip Code: 35007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,253

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 277,304
  • High Value: 331,710
  • Low Value: 222,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $239,500
  • Market Land Value: $75,000
  • Market Improvement Value: $164,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11755023036
  • Current Sale Price: $196,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200409000139370
  • Previous Sale Recording Date: Aug 22, 2002
  • Previous Sale Contract Date: Aug 13, 2002
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $187,055
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MTG INC
  • Previous Mortgage Transaction Date: Aug 22, 2002
  • Previous Mortgage Loan Amount: $86,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Sep 01, 2017

About Alabaster



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Frequently Asked Questions

What neighborhood is 226 Silverstone Lane located in?
The 226 Silverstone Lane is a located in the neighborhood of Shelby in Alabaster, Alabaster.
What is the average sales price for listings in 226 Silverstone Lane?
The average sales price for units in 226 Silverstone Lane is $0 currently.

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