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3551 Salem Road

3551 Salem Road, Enterprise, AL 36330
Commercial in Coffee
3551 Salem Road in Enterprise, AL was first built in 1996 and is 28 years old. This has been categorized as a commercial property type. It is a single story home. 3551 Salem Road has 7,800 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 42,689 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of materials that we aren't sure of. The quality of the control joints have been graded by the local assessor with a letter grade of D-. The condition of the building has been evaluated as poor. The exterior walls of the home are made of metal. While the interior walls are made of materials we are unsure of. 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 heating system. The property was last sold in Aug 6, 2021 for $415,000. That's $53.21 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2017 for $400,000. 3551 Salem Road was last assessed in 2023. The total value of the property was assessed at $90,720. 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 $0. 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

Exterior

Metal Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: D-
  • Exterior Walls Type: Metal
  • Interior Walls Type: Other
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 68
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 7,800
  • Gross Building Area: 7,800
  • Building Area: 7,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 7,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.98
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: BEG AT INT OF N R/W SALEM RD & E R/W OF SEABOARD COASTLINE R AILROAD TH NW'LY 430', W'LY 100', SE'LY 430' E 100' TO POB

Ownership

  • Current Owner : NEW WAY CHURCH INC
  • Previous Owner : MATHEWS MARY CATHERINE
  • Previous Owner 2: WILLIAM AMOS MATHEWS ESTATE
  • Owner Before Previous Owner: MATHEWS WILLIAM A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Enterprise City School District
  • Census Tract: 011204

Geography

  • Account Number: 160374
  • District: 05
  • Parcel: 0909323000009001
  • Meridian: SEC 32 TWN 05 RNG 22E
  • Municipality: ENTERPRISE
  • Latitude: 31.3613
  • Longitude: -85.875

    Address

  • Full Address: 3551 Salem Rd
  • Address - House Number: 3551
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Enterprise
  • Carrier Code: R002
  • 4-Digit Zip Code: 7303
  • Zip Code: 36330

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 05

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,000
  • First Open Lien Mortgage Lender: TROY BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $415,000
  • 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: Sep 22, 2051

    Market Valuation

  • Market Total Value: $453,570
  • Market Land Value: $35,000
  • Market Improvement Value: $418,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,720

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11858584306
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: May 04, 2017
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TROY BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRINITY BANK
  • Previous Mortgage Transaction Date: May 04, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Enterprise



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Frequently Asked Questions

What neighborhood is 3551 Salem Road located in?
The 3551 Salem Road is a commercial located in the neighborhood of Coffee in Enterprise, Enterprise.
What is the average sales price for listings in 3551 Salem Road?
The average sales price for units in 3551 Salem Road is $0 currently.

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