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332 River Rock Drive

332 River Rock Drive, Madison, AL 35756
Property in Madison
Sold Aug 10, 2021
$268,000
$85,000 by Hometown Lenders Inc
Mortgage Due Sep 01, 2036
Sold Nov 01, 2019
$216,000
$218,181 by Dhi Mortgage Company Ltd
Mortgage Due Nov 01, 2049
Local assessors in Madison, AL have categorized 332 River Rock Drive as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 8,986 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 332 River Rock Drive has a total of 1,698 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. 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. The property was last sold in Aug 6, 2021 for $268,000. That's $157.83 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2019 for $216,000. 332 River Rock Drive was last assessed in 2023. The total value of the property was assessed at $52,720. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $40,720. 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 $3,242. 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. 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: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,986
  • Total Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERS LANDING PH 3
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 129 RIVERS LANDING PH 3 PB# 2018-55870

Ownership

  • Current Owner : LO TIMOTHY
  • Current Owner 2: LO SARAH
  • Previous Owner : WOOTEN DANIEL
  • Previous Owner 2: LEE SEUNG EUN
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Limestone County School District
  • Census Tract: 011203

Geography

  • Account Number: 576719
  • Parcel: 25-05-16-0-000-003.174
  • Lot: 129
  • Meridian: SEC 16 TWN 05S RNG 02W
  • Municipality: TRIANA
  • Latitude: 34.6069
  • Longitude: -86.7449

    Address

  • Full Address: 332 River Rock Dr
  • Address - House Number: 332
  • Address - Street Name: River Rock
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R043
  • 4-Digit Zip Code: 6900
  • Zip Code: 35756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,242

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 67
  • Final Value: 319,951
  • High Value: 395,204
  • Low Value: 244,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $85,000
  • 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, 2036

    Market Valuation

  • Market Total Value: $263,600
  • Market Land Value: $60,000
  • Market Improvement Value: $203,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,720
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $40,720

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11849417729
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00066307
  • Previous Sale Recording Date: Nov 01, 2019
  • Previous Sale Contract Date: Oct 31, 2019
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Nov 01, 2019
  • Previous Mortgage Loan Amount: $218,181
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 332 River Rock Drive located in?
The 332 River Rock Drive is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 332 River Rock Drive?
The average sales price for units in 332 River Rock Drive is $0 currently.

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