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3301 Loop Road

3301 Loop Road, Tuscaloosa, AL 35404
Property in Tuscaloosa
Sold Nov 05, 2007
$2,751,600
$1,136,000 by First American Bank
Mortgage Due Nov 05, 2037
Sold Nov 05, 2007
$2,751,600
$1,136,000 by First American Bank
Mortgage
3301 Loop Road in Tuscaloosa, AL was first built in 1968 and is 56 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 6 partial bathrooms. 3301 Loop Road has 4,818 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. In total, the area measurement of the land is 566,280 square feet.

Learn more about the property and building on this page. There is a porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a mansard style roof made of shingle (not wood). 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. 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 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, 3301 Loop Road sold most recently in Jan 1, 1970 for a total of $2,751,600. If you work out the math, that's approximately a cost of $571.11 per sqft. Before that, the property was also sold for $2,751,600 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $31,968 in taxes each year. 3301 Loop Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,118,300. If we break it down further, the land itself was valued at $78,000. Improvements to the property, however, were assessed at a total of $1,040,300. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 19
  • Total Rooms: 2
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 20
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Mansard
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 90
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,409
  • Parking Space Count: 0
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 566,280
  • Total Building Area: 4,818
  • Gross Building Area: 4,818
  • Building Area: 4,818
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODLAND TERRACE SUBD
  • Land Acres: 13
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: BEG NW COR LOT 26 WOODLAND TERRACE SUBD; TH W ALG N BDY OF SE1/4 S29 T21S R9W; NE 45(S); SW 120(S); NW 120(S) TO S R/W PELHAM

Ownership

  • Current Owner : WILLIAMSBURG EAST APARTMENTS L
  • Previous Owner : BAXTER ANN PATTON
  • Owner Before Previous Owner: ARMSTRONG MARY LOUISE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tuscaloosa City School District
  • Census Tract: 012306

Zoning

  • Zoning: RMF1

Geography

  • Account Number: 41361
  • District: 4
  • Parcel: 30-09-29-4-002-031.000
  • Lot: 26
  • Meridian: SEC 29 TWN 21S RNG 09W
  • Municipality: TUSCALOOSA
  • Latitude: 33.1885
  • Longitude: -87.4933

    Address

  • Full Address: 3301 Loop Rd
  • Address - House Number: 3301
  • Address - Street Name: Loop
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Tuscaloosa
  • Carrier Code: C020
  • 4-Digit Zip Code: 5069
  • Zip Code: 35404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,968

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 1,599,684
  • High Value: 1,822,437
  • Low Value: 1,376,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,136,000
  • First Open Lien Mortgage Lender: FIRST AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Nov 05, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2037

    Market Valuation

  • Market Total Value: $5,591,500
  • Market Land Value: $390,000
  • Market Improvement Value: $5,201,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,118,300
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $1,040,300

    Sales

  • Current Sale Recording Date: Nov 05, 2007
  • Current Sale Transaction ID: 11438963909
  • Current Sale Price: $2,751,600
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 05, 2007
  • Previous Sale Amount: $2,751,600
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN BANK
  • Previous Mortgage Transaction Date: Nov 05, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,136,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 3301 Loop Road located in?
The 3301 Loop Road is a located in the neighborhood of Tuscaloosa in Tuscaloosa, Tuscaloosa.
What is the average sales price for listings in 3301 Loop Road?
The average sales price for units in 3301 Loop Road is $0 currently.

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