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2701 Chesapeake Drive

2701 Chesapeake Drive, Bessemer, AL 35023
Property in Jefferson
Sold Oct 12, 2001
$242,900
$192,900 by Coats & Co Inc
Mortgage Due Nov 01, 2031
Sold May 23, 2001
$31,900
$176,250 by Regions Bank
Mortgage
2701 Chesapeake Drive in Bessemer, AL was first built in 2001 and is 23 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2701 Chesapeake Drive has 3,782 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 1,022 ft and the linear feet between the front and back of the lot is 2,940. In total, the area measurement of the land is 39,602 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 400 sqft. 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 central 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2701 Chesapeake Drive was last sold in Oct 10, 2001 for $242,900. According to our calculations, that's $47.73 per sqft. Prior to that sales transaction, the property was sold for $31,900 in Mar 13, 2001. Current property owners are expected to pay $0 in taxes per year. The property on 2701 Chesapeake Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,660. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,307
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 39,602
  • Lot Size Depth Feet: 2,940
  • Lot Size Frontage Feet: 1,022
  • Total Building Area: 5,089
  • Gross Building Area: 5,089
  • Building Area: 3,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA RIDGE SECOND SEC
  • Land Acres: 0.909
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 114 VIRGINIA RIDGE SECOND SECTOR 35/8

Ownership

  • Current Owner : HILL DARRYL S
  • Current Owner 2: DICKERSON REBECCA J
  • Previous Owner : R & M CONSTRUCTION & DEVELOPMENT INC
  • Owner Before Previous Owner: ROBERT LEOPARD HOMEBUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 014002

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 35602
  • District: 064-0000
  • Parcel: 31-00-35-1-000-001.034
  • Lot: 114
  • Meridian: SEC 35 TWN 18S RNG 05W
  • Municipality: HUEYTOWN
  • Latitude: 33.4339
  • Longitude: -87.024

    Address

  • Full Address: 2701 Chesapeake Dr
  • Address - House Number: 2701
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R019
  • 4-Digit Zip Code: 5964
  • Zip Code: 35023

Valuation

    Tax

  • Total Area: 3,235
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 64

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 302,076
  • High Value: 371,031
  • Low Value: 233,120

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $348,900
  • First Open Lien Mortgage Lender: COATS & CO INC
  • First Open Lien Mortgage Recording Date: Oct 12, 2001
  • First Open Lien Mortgage Loan Amount: $192,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031
  • Second Open Lien Mortgage Lender: HOMESIDE FINANCIAL
  • Second Open Lien Mortgage Recording Date: May 03, 2021
  • Second Open Lien Mortgage Loan Amount: $156,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $326,500
  • Market Land Value: $33,000
  • Market Improvement Value: $293,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,660

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2001
  • Current Sale Recording Date: Oct 12, 2001
  • Current Sale Transaction ID: 1000615997
  • Current Sale Price: $242,900
  • Current Sale Document Type: Survivorship Deed
  • Previous Sale Recording Date: May 23, 2001
  • Previous Sale Contract Date: Mar 13, 2001
  • Previous Sale Amount: $31,900
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: COATS & CO INC
  • First Mortgage Transaction Date: Oct 12, 2001
  • First Mortgage Loan Amount: $192,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: May 23, 2001
  • Previous Mortgage Loan Amount: $176,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Hueytown



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Frequently Asked Questions

What neighborhood is 2701 Chesapeake Drive located in?
The 2701 Chesapeake Drive is a located in the neighborhood of Jefferson in Hueytown, Bessemer.
What is the average sales price for listings in 2701 Chesapeake Drive?
The average sales price for units in 2701 Chesapeake Drive is $0 currently.

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