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3411 Timber Way Southwest

3411 Timber Way Southwest, Decatur, AL 35603
Property in Morgan
Sold Feb 01, 2021
$172,000
$163,400 by Loandepot.com Llc
Mortgage Due Feb 01, 2051
Sold Mar 13, 2017
$130,900
$128,528 by Loandepot.com Llc
Mortgage Due Apr 01, 2047
3411 Timber Way Southwest has been categorized by the local assessors in Decatur, AL as a residential type of property. The building on the property was first built in 1976 and is 48 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3411 Timber Way Southwest has 1,948 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,000 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 fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. 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. 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, 3411 Timber Way Southwest sold most recently in Jan 29, 2021 for a total of $172,000. If you work out the math, that's approximately a cost of $88.30 per sqft. Before that, the property was also sold for $130,900 in Mar 10, 2017. 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 $840 in taxes each year. 3411 Timber Way Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,590. If we break it down further, the land itself was valued at $2,580. Improvements to the property, however, were assessed at a total of $17,010. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1976
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK LEA SUB
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 32 OAK LEA SUBDIVISION PLAT BOOK 6 PAGE 25

Ownership

  • Current Owner : CASSEL CHRISTOPHER
  • Current Owner 2: CASSEL ASHLEE
  • Previous Owner : TRYON KELSYE P
  • Previous Owner 2: TRYON IAN K
  • Owner Before Previous Owner: HILL AMANDA
  • Owner Before Previous Owner 2: GREENLEE MATTHEW S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur City School District
  • School Tax School District: DECATUR
  • Census Tract: 005108

Geography

  • Account Number: 88724
  • Parcel: 13-01-12-1-000-039.000
  • Lot: 32
  • Meridian: SEC 12 TWN 6S RNG 5W
  • Municipality: DECATUR
  • Latitude: 34.5435
  • Longitude: -87.0021

    Address

  • Full Address: 3411 Timber Way Sw
  • Address - House Number: 3411
  • Street Segment Direction: SW
  • Address - Street Name: Timber
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Decatur
  • Carrier Code: C032
  • 4-Digit Zip Code: 1234
  • Zip Code: 35603

Valuation

    Tax

  • Total Area: 2,212
  • Tax Year: 2023
  • Tax Amount: $840
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4767
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 4
  • Final Value: 256,149
  • High Value: 378,261
  • Low Value: 134,036

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,400
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $163,400
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Aug 08, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $57,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 03, 2033

    Market Valuation

  • Market Total Value: $195,900
  • Market Land Value: $25,800
  • Market Improvement Value: $170,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,590
  • Assessed Land Value: $2,580
  • Assessed Improvements Value: $17,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11823102552
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 13, 2017
  • Previous Sale Contract Date: Mar 10, 2017
  • Previous Sale Amount: $130,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $163,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Mar 13, 2017
  • Previous Mortgage Loan Amount: $128,528
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Decatur



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Frequently Asked Questions

What neighborhood is 3411 Timber Way Southwest located in?
The 3411 Timber Way Southwest is a located in the neighborhood of Morgan in Decatur, Decatur.
What is the average sales price for listings in 3411 Timber Way Southwest?
The average sales price for units in 3411 Timber Way Southwest is $0 currently.

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