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4005 Raffles Drive

4005 Raffles Drive, Montgomery, AL 36106
House in Montgomery
Sold May 07, 2020
$162,000
$167,832 by Bay Equity Llc
Mortgage Due May 01, 2050
Sold Sep 27, 2007
Transfer
4005 Raffles Drive in Montgomery, AL was first built in 1993 and is 31 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4005 Raffles Drive has 1,682 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 514 ft and the linear feet between the front and back of the lot is 1,322. In total, the area measurement of the land is 6,795 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of shingle (not wood). For those who need parking, there is a garage. The garage is 462 sqft. 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 condition of the building has been evaluated as average. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 4005 Raffles Drive sold most recently in Apr 27, 2020 for a total of $162,000. If you work out the math, that's approximately a cost of $96.31 per sqft. 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 $891 in taxes each year. 4005 Raffles Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,010. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $15,010. 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. 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!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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,795
  • Lot Size Depth Feet: 1,322
  • Lot Size Frontage Feet: 514
  • Total Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEMARY SUB 1 AMENDED
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STEELE IVER C
  • Previous Owner : STANFORD ROBERT ERNEST
  • Previous Owner 2: MCKEE LEIGH STANFORD
  • Owner Before Previous Owner: GERACHIS CATHRYN CAMPBELL
  • Owner Before Previous Owner 2: CAMPBELL HARRISON DUNCAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County School District
  • Census Tract: 003304

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: MAP 31 PG 185
  • Account Number: 249508
  • District: 2
  • Parcel: 10-06-23-2-003-002.005
  • Block: 2
  • Lot: 4
  • Meridian: SEC 23 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3532
  • Longitude: -86.2392

    Address

  • Full Address: 4005 Raffles Dr
  • Address - House Number: 4005
  • Address - Street Name: Raffles
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C109
  • 4-Digit Zip Code: 3050
  • Zip Code: 36106

Valuation

    Tax

  • Total Area: 1,983
  • Tax Year: 2023
  • Tax Amount: $891

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 212,024
  • High Value: 263,824
  • Low Value: 160,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,832
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: May 07, 2020
  • First Open Lien Mortgage Loan Amount: $167,832
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $190,100
  • Market Land Value: $40,000
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,010
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $15,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Transaction ID: 11760957514
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 27, 2007
  • Previous Sale Contract Date: Sep 24, 2007
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: May 07, 2020
  • First Mortgage Loan Amount: $167,832
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

About Montgomery



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Nearby Rentals

Unit for rent at

$700 /mo

  • 1 Bed
  • 1 Bath
  • 673 ft²
Listing by Manager
Unit for rent at

$725 /mo

  • 2 Beds
  • 1 Bath
  • 885 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 4005 Raffles Drive located in?
The 4005 Raffles Drive is a house located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 4005 Raffles Drive?
The average sales price for units in 4005 Raffles Drive is $0 currently.

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