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31 Sweet Gum Lane

31 Sweet Gum Lane, Chelsea, AL 35043
House in Shelby
Sold Jul 17, 2019
$280,000
$258,000 by Mcgowing & King Mortgage Llc
Mortgage Due Sep 01, 2050
Local assessors in Chelsea, AL have categorized 31 Sweet Gum Lane as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 17,814 square feet. The linear feet between the front and back of the lot was measured at 1,781 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 31 Sweet Gum Lane has a total of 2,667 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a roof that is made of shingle (not wood). Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 31 Sweet Gum Lane sold most recently in Jul 15, 2019 for a total of $280,000. If you work out the math, that's approximately a cost of $104.99 per sqft. 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 $1,431 in taxes each year. 31 Sweet Gum Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,460. 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. 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.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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,324
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,814
  • Lot Size Depth Feet: 1,781
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YELLOWLEAF RIDGE ESTATES
  • Land Acres: 0.409
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 34 19S 01W 1997 ANNEXATION ORDINANCE #1996/41929 (BY ORDER OF ELECTION) NBRHD: 17 YELLOWLEAF R-2

Ownership

  • Current Owner : MCGREGOR REBECCA
  • Current Owner 2: MCGREGOR DAN
  • Previous Owner : CARLISLE W LEONARD
  • Previous Owner 2: CARLISLE REGINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030218

Geography

  • Assessors Map Reference: MP 18 PG 127
  • District: 17
  • Parcel: 098340002023000
  • Lot: 23
  • Meridian: SEC 34 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3375
  • Longitude: -86.6364

    Address

  • Full Address: 31 Sweet Gum Ln
  • Address - House Number: 31
  • Address - Street Name: Sweet Gum
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Chelsea
  • Carrier Code: R004
  • 4-Digit Zip Code: 5208
  • Zip Code: 35043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 390,817
  • High Value: 455,110
  • Low Value: 326,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,000
  • First Open Lien Mortgage Lender: MCGOWING & KING MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $258,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $334,600
  • Market Land Value: $70,000
  • Market Improvement Value: $264,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Transaction ID: 11628140734
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190717000255260

    Last Sale Mortgage

  • First Mortgage Lender: MCGOWING & KING MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 17, 2019
  • First Mortgage Loan Amount: $256,082
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Chelsea



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Frequently Asked Questions

What neighborhood is 31 Sweet Gum Lane located in?
The 31 Sweet Gum Lane is a house located in the neighborhood of Shelby in Chelsea, Chelsea.
What is the average sales price for listings in 31 Sweet Gum Lane?
The average sales price for units in 31 Sweet Gum Lane is $0 currently.

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