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303 Monroe Road

303 Monroe Road, Meridianville, AL 35759
Property in Madison
Sold Aug 24, 2020
$130,000
$100,000 by Alabama Telco Cu
Mortgage Due Sep 01, 2035
303 Monroe Road has been categorized by the local assessors in Meridianville, AL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 303 Monroe Road has 1,166 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,215 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with mixed control joints. The building has a gable or hip style roof made of asphalt. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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. The property was last sold in Aug 21, 2020 for $130,000. That's $111.49 per sqft. 303 Monroe Road was last assessed in 2023. The total value of the property was assessed at $12,780. Specifically, the land the property is located on was valued at $1,500. While improvements on the property were assessed at a total of $11,280. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $414. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Construction Type: Mixed
  • 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: 24,215
  • Total Building Area: 1,166
  • Building Area: 1,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.555
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 T2S R1W TR 44 PT OF SEC 13 PARTIC DESC AS BEG AT A PT ON THE N ROW OF MONROE RD THAT IS LOC N 56.27 FT FR THE CEN OF T

Ownership

  • Current Owner : TURNER WILLARD M
  • Previous Owner : BASS KATHRYN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010704

Geography

  • Account Number: 554986
  • Subdivision Tract Number: 44
  • Parcel: 07-06-13-4-000-018.000
  • Meridian: SEC 13 TWN 02S RNG 01W
  • Municipality: COUNTY
  • Latitude: 34.8591
  • Longitude: -86.5802

    Address

  • Full Address: 303 Monroe Rd
  • Address - House Number: 303
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Meridianville
  • Carrier Code: R801
  • 4-Digit Zip Code: 2015
  • Zip Code: 35759

Valuation

    Tax

  • Total Area: 1,544
  • Tax Year: 2023
  • Tax Amount: $414

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 205,872
  • High Value: 255,655
  • Low Value: 156,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: ALABAMA TELCO CU
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $127,800
  • Market Land Value: $15,000
  • Market Improvement Value: $112,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,780
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $11,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11786958868
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00065159

    Last Sale Mortgage

  • First Mortgage Lender: ALABAMA TELCO CU
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2035

About Meridianville



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Frequently Asked Questions

What neighborhood is 303 Monroe Road located in?
The 303 Monroe Road is a located in the neighborhood of Madison in Meridianville, Meridianville.
What is the average sales price for listings in 303 Monroe Road?
The average sales price for units in 303 Monroe Road is $0 currently.

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