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397 Deer Ridge Lane

397 Deer Ridge Lane, Chelsea, AL 35043
Property in Shelby
Sold Jul 29, 2021
$372,000
$372,000 by Mortgage Research Center Llc
Mortgage Due Aug 01, 2051
Sold May 21, 2007
$327,000
$327,000 by Hometown Mortgage Services Inc
Mortgage Due May 01, 2037
397 Deer Ridge Lane in Chelsea, AL was first built in 2005 and is 19 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 3 full bathrooms. There are 4 partial bathrooms. 397 Deer Ridge Lane has 3,063 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. The linear feet across the front of the lot is 898 ft and the linear feet between the front and back of the lot is 2,175. In total, the area measurement of the land is 27,835 square feet.

Learn more about the property and building on this page. There is a screened porch. For those who need parking, there is a garage underground or in the basement. The condition of the building has been evaluated as good. 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, 397 Deer Ridge Lane sold most recently in Jul 26, 2021 for a total of $372,000. If you work out the math, that's approximately a cost of $121.45 per sqft. Before that, the property was also sold for $327,000 in May 1, 2007. 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 $0 in taxes each year. 397 Deer Ridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,160. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 656
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 27,835
  • Lot Size Depth Feet: 2,175
  • Lot Size Frontage Feet: 898
  • Total Building Area: 3,063
  • Building Area: 3,063
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,063
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEER RIDGE LAKES SEC 2 PH 2
  • Land Acres: 0.639
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 14 20S 02W NBRHD: 08 BENT CREEK R-2

Ownership

  • Current Owner : SCARBROUGH KATHY T
  • Current Owner 2: SCARBROUGH JASON L
  • Previous Owner : TAYLOR MICHAEL LOYD
  • Previous Owner 2: TAYLOR DEANN HOPE
  • Owner Before Previous Owner: ILES FORREST M
  • Owner Before Previous Owner 2: ILES DENA T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Pelham City School District
  • School Tax School District: GM
  • Census Tract: 030615

Geography

  • Assessors Map Reference: MP 33 PG 116
  • District: 08
  • Parcel: 146140000001044
  • Lot: 11
  • Meridian: SEC 14 TWN 20S RNG 02W
  • Municipality: PELHAM
  • Latitude: 33.2957
  • Longitude: -86.7174

    Address

  • Full Address: 397 Deer Ridge Ln
  • Address - House Number: 397
  • Address - Street Name: Deer Ridge
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Chelsea
  • Carrier Code: R005
  • 4-Digit Zip Code: 6226
  • Zip Code: 35043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1487
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 463,008
  • High Value: 531,877
  • Low Value: 394,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $372,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $441,600
  • Market Land Value: $95,000
  • Market Improvement Value: $346,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,160

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11844834532
  • Current Sale Price: $372,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210729000367740
  • Previous Sale Recording Date: May 21, 2007
  • Previous Sale Contract Date: May 01, 2007
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMETOWN MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: May 21, 2007
  • Previous Mortgage Loan Amount: $327,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2037

About Pelham



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Frequently Asked Questions

What neighborhood is 397 Deer Ridge Lane located in?
The 397 Deer Ridge Lane is a located in the neighborhood of Shelby in Pelham, Chelsea.
What is the average sales price for listings in 397 Deer Ridge Lane?
The average sales price for units in 397 Deer Ridge Lane is $0 currently.

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