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2703 Colonial Drive Northeast

2703 Colonial Drive Northeast, Tuscaloosa, AL 35404
House in Tuscaloosa
Sold Apr 16, 2020
$87,500
Seller
$87,500 by Bancorp Bank
Mortgage Due Jan 01, 2050
Sold May 13, 2019
$58,800
2703 Colonial Drive Northeast in Tuscaloosa, AL was first built in 1981 and is 43 years old. Although, the building on the property was most recently renovated and altered in 1982. 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. 2703 Colonial Drive Northeast has 1,275 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 950 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 13,680 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The garage is 322 sqft. There is one available parking space. 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 poor. The exterior walls of the home are made of unknown. 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. 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, 2703 Colonial Drive Northeast sold most recently in Apr 10, 2020 for a total of $87,500. If you work out the math, that's approximately a cost of $68.63 per sqft. Before that, the property was also sold for $58,800 in May 13, 2019. 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 $447 in taxes each year. 2703 Colonial Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,160. If we break it down further, the land itself was valued at $1,980. Improvements to the property, however, were assessed at a total of $17,180. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: D+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,680
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,275
  • Building Area: 1,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HILLS SUBD
  • Land Acres: 0.314
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: LOT 6 IN COLONIAL HILLS SUBD SECTOR 1

Ownership

  • Current Owner : POTTER JORDAN
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: COLVIN WILLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tuscaloosa City School District
  • Census Tract: 012700

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: BK 10 PG 60
  • Account Number: 85876
  • District: 4
  • Parcel: 30-04-17-3-006-009.000
  • Lot: 6
  • Meridian: SEC 17 TWN 21S RNG 09W
  • Municipality: TUSCALOOSA
  • Latitude: 33.2175
  • Longitude: -87.5024

    Address

  • Full Address: 2703 Colonial Dr Ne
  • Address - House Number: 2703
  • Street Segment Direction: NE
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Tuscaloosa
  • Carrier Code: C018
  • 4-Digit Zip Code: 2559
  • Zip Code: 35404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 200,816
  • High Value: 228,779
  • Low Value: 172,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,500
  • First Open Lien Mortgage Lender: BANCORP BANK
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Loan Amount: $87,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $95,800
  • Market Land Value: $9,900
  • Market Improvement Value: $85,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,160
  • Assessed Land Value: $1,980
  • Assessed Improvements Value: $17,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Transaction ID: 11755951741
  • Current Sale Price: $87,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: May 13, 2019
  • Previous Sale Amount: $58,800
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: BANCORP BANK
  • First Mortgage Transaction Date: Apr 16, 2020
  • First Mortgage Loan Amount: $87,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Tuscaloosa



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Frequently Asked Questions

What neighborhood is 2703 Colonial Drive Northeast located in?
The 2703 Colonial Drive Northeast is a house located in the neighborhood of Tuscaloosa in Tuscaloosa, Tuscaloosa.
What is the average sales price for listings in 2703 Colonial Drive Northeast?
The average sales price for units in 2703 Colonial Drive Northeast is $0 currently.

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