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318 Taylors Farm Drive

318 Taylors Farm Drive, Lincoln, AL 35096
House in Talladega
Sold Jul 07, 2021
$187,000
$188,888 by Southpoint Bank
Mortgage Due Aug 01, 2051
Sold Mar 24, 2020
$179,900
$186,376 by Jackson Mortgage Company Inc
Mortgage Due Apr 01, 2050
Local assessors in Lincoln, AL have categorized 318 Taylors Farm Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 7,274 square feet. The linear feet between the front and back of the lot was measured at 1,160 ft and the front of the lot was measured at 621 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. The property was last sold in Jan 1, 1970 for $187,000. That's $130.13 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2020 for $179,900. 318 Taylors Farm Drive was last assessed in 2023. The total value of the property was assessed at $20,060. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $17,060. 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 $737. 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! 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Vinyl Siding

Parking

Assigned Parking

Driveway

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,274
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 621
  • Total Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLORS FARM S/D IN LINCOLN
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 62.14' X 116.01' IRR LOT 59 TAYLORS FARM PH 2 BK 7 PG 116 0.17 AC(C) SEC 28 T16S R5E.

Ownership

  • Current Owner : BASS ASHLEY
  • Previous Owner : ARNOLD RHETT A
  • Owner Before Previous Owner: GB & MH PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Talladega County School District
  • Census Tract: 010201

Geography

  • Account Number: 215404
  • Parcel: 03-08-28-2-002-003.064
  • Lot: 59
  • Meridian: SEC 28 TWN 16 RNG 05
  • Municipality: LINCOLN
  • Latitude: 33.6182
  • Longitude: -86.1215

    Address

  • Full Address: 318 Taylors Farm Dr
  • Address - House Number: 318
  • Address - Street Name: Taylors Farm
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Lincoln
  • Carrier Code: R006
  • 4-Digit Zip Code: 5312
  • Zip Code: 35096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737
  • Tax Rate Code Area: LINCOLN

    Appraisal Valuation

  • Standard Deviation: 0.4559
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 225,878
  • High Value: 328,869
  • Low Value: 122,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,888
  • First Open Lien Mortgage Lender: SOUTHPOINT BANK
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $188,888
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $200,600
  • Market Land Value: $30,000
  • Market Improvement Value: $170,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,060
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11844802060
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 24, 2020
  • Previous Sale Contract Date: Mar 24, 2020
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHPOINT BANK
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $188,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JACKSON MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Mar 24, 2020
  • Previous Mortgage Loan Amount: $186,376
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 318 Taylors Farm Drive located in?
The 318 Taylors Farm Drive is a house located in the neighborhood of Talladega in Lincoln, Lincoln.
What is the average sales price for listings in 318 Taylors Farm Drive?
The average sales price for units in 318 Taylors Farm Drive is $0 currently.

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