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242 Latigo Loop

242 Latigo Loop, Huntsville, AL 35806
Property in Madison
Sold Jul 29, 2020
$255,000
$250,381 by Hometown Lenders Inc
Mortgage Due Aug 01, 2050
Sold Feb 17, 2009
$199,000
$186,000 by Countrywide Bank Fsb
Mortgage Due Mar 01, 2039
242 Latigo Loop in Huntsville, AL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 242 Latigo Loop has 2,484 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 1,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 19,994 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. 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 condition of the building has been evaluated as good. 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, 242 Latigo Loop sold most recently in Jul 17, 2020 for a total of $255,000. If you work out the math, that's approximately a cost of $102.66 per sqft. Before that, the property was also sold for $199,000 in Feb 11, 2009. 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 $1,032 in taxes each year. 242 Latigo Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,080. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $24,080. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACOBS POINTE PH II A
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 65 JACOBS POINTE PH II A RESUB OF TRACT 1 OF JACOBS POINTE PB 45 PG 90

Ownership

  • Current Owner : HERNDON JACOB KEITH
  • Previous Owner : DODD DANIEL
  • Previous Owner 2: DODD JESSICA
  • Owner Before Previous Owner: U S BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010630

Geography

  • Account Number: 552384
  • Subdivision Tract Number: 1
  • Parcel: 15-06-13-0-000-022.060
  • Lot: 65
  • Meridian: SEC 13 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.7805
  • Longitude: -86.6843

    Address

  • Full Address: 242 Latigo Loop
  • Address - House Number: 242
  • Address - Street Name: Latigo
  • Address - Suffix Type: Loop
  • State: AL
  • City Name: Huntsville
  • Carrier Code: R027
  • 4-Digit Zip Code: 1300
  • Zip Code: 35806

Valuation

    Tax

  • Total Area: 2,786
  • Tax Year: 2023
  • Tax Amount: $1,032

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 363,123
  • High Value: 451,208
  • Low Value: 275,039

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $259,306
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Jul 29, 2020
  • First Open Lien Mortgage Loan Amount: $250,381
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • Second Open Lien Mortgage Recording Date: Jul 29, 2020
  • Second Open Lien Mortgage Loan Amount: $8,925
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $300,800
  • Market Land Value: $60,000
  • Market Improvement Value: $240,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,080
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $24,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11787782895
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00055072
  • Previous Sale Recording Date: Feb 17, 2009
  • Previous Sale Contract Date: Feb 11, 2009
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Jul 29, 2020
  • First Mortgage Loan Amount: $250,381
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Feb 17, 2009
  • Previous Mortgage Loan Amount: $186,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2039

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Frequently Asked Questions

What neighborhood is 242 Latigo Loop located in?
The 242 Latigo Loop is a located in the neighborhood of Madison in Madison, Huntsville.
What is the average sales price for listings in 242 Latigo Loop?
The average sales price for units in 242 Latigo Loop is $0 currently.

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