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2323 Lott Drive

2323 Lott Drive, Montgomery, AL 36106
House in Ridgefield
Sold Mar 12, 2024
$717,500
Sold Oct 11, 2018
$852,500
$30,000,000 by Forethought Life Insurance Com
Mortgage
2323 Lott Drive in Montgomery, AL was first built in 1967 and is 57 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2323 Lott Drive has 1,891 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 1,819 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 22,930 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 2323 Lott Drive sold most recently in Feb 29, 2024 for a total of $717,500. If you work out the math, that's approximately a cost of $379.43 per sqft. Before that, the property was also sold for $852,500 in Sep 19, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,486 in taxes each year. 2323 Lott Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,440. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $22,440. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,930
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,819
  • Total Building Area: 1,891
  • Building Area: 1,891
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,891
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAUGHN MEADOWS 6
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VINEBROOK HOMES BORROWER 2 LLC
  • Previous Owner : REX RESID PROPERTY OWNER LLC
  • Owner Before Previous Owner: REX RESIDENTIAL PROPERTY OWNER LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 003301

Zoning

  • Zoning: R-85

Geography

  • Assessors Map Reference: MAP 21 PG 109
  • Account Number: 248200
  • District: 2
  • Parcel: 10-05-22-3-018-009.000
  • Block: M
  • Lot: 3
  • Meridian: SEC 22 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3465
  • Longitude: -86.2536

    Address

  • Full Address: 2323 Lott Dr
  • Address - House Number: 2323
  • Address - Street Name: Lott
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C034
  • 4-Digit Zip Code: 3338
  • Zip Code: 36106

Valuation

    Tax

  • Total Area: 1,963
  • Tax Year: 2023
  • Tax Amount: $1,486

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 148,886
  • High Value: 216,857
  • Low Value: 80,914

    Market Valuation

  • Market Total Value: $152,200
  • Market Land Value: $40,000
  • Market Improvement Value: $112,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,440
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $22,440

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Transaction ID: 11922991720
  • Current Sale Price: $717,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4680177
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Contract Date: Sep 19, 2018
  • Previous Sale Amount: $852,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FORETHOUGHT LIFE INSURANCE COM
  • Previous Mortgage Transaction Date: Oct 11, 2018
  • Previous Mortgage Loan Amount: $30,000,000
  • Previous Mortgage Loan Type: Commercial

About Ridgefield



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Frequently Asked Questions

What neighborhood is 2323 Lott Drive located in?
The 2323 Lott Drive is a house located in the neighborhood of Ridgefield in Ridgefield, Montgomery.
What is the average sales price for listings in 2323 Lott Drive?
The average sales price for units in 2323 Lott Drive is $0 currently.

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