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402 Rivermont Drive

402 Rivermont Drive, Sheffield, AL 35660
Property in Colbert
Sold Feb 24, 2017
$148,000
$151,182 by Vetrans United Home Loans
Mortgage Due Mar 01, 2047
Sold Jan 19, 2016
$50,000
$80,000 by Bank Independent
Mortgage
402 Rivermont Drive has been categorized by the local assessors in Sheffield, AL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. Residents will have access to 2 full bathrooms. 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, 402 Rivermont Drive has 1,665 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 1,200 ft. The area measurement of the land has been determined as 17,860 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. For the features and amenities located on the property. There is a carport for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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 brick. 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. The property was last sold in Feb 23, 2017 for $148,000. That's $62.05 per sqft. Prior to that sales transaction, the property was also sold in Jan 12, 2016 for $50,000. 402 Rivermont Drive was last assessed in 2023. The total value of the property was assessed at $17,380. 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 $850. 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. 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: 1968
  • Effective Year Built: 1968
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Fair
  • 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: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,385
  • Building Area: 2,385
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,665
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERMONT # 5 /4-83
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 150 RIVERMONT #5 120 X 150 /DB 2017 PG 5100-5101

Ownership

  • Current Owner : HAMMER RONALD C
  • Current Owner 2: HAMMER JADE E
  • Previous Owner : HAMM JOHNNY
  • Previous Owner 2: HAMM JENA W
  • Owner Before Previous Owner: MADDEN JONI JAMES
  • Owner Before Previous Owner 2: TATE HAMM
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Sheffield City School District
  • Census Tract: 020400

Geography

  • Account Number: 32538
  • Parcel: 13-03-06-4-003-032.000
  • Lot: 150
  • Meridian: SEC 06 TWN 04S RNG 11W
  • Municipality: SHEFFIELD
  • Latitude: 34.7331
  • Longitude: -87.7236

    Address

  • Full Address: 402 Rivermont Dr
  • Address - House Number: 402
  • Address - Street Name: Rivermont
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Sheffield
  • Carrier Code: C004
  • 4-Digit Zip Code: 7240
  • Zip Code: 35660

Valuation

    Tax

  • Total Area: 2,385
  • Tax Year: 2023
  • Tax Amount: $850
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.1144
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 88
  • Final Value: 231,186
  • High Value: 257,653
  • Low Value: 204,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,182
  • First Open Lien Mortgage Lender: VETRANS UNITED HOME LOANS
  • First Open Lien Mortgage Recording Date: Feb 24, 2017
  • First Open Lien Mortgage Loan Amount: $151,182
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Market Valuation

  • Market Total Value: $173,600
  • Market Land Value: $10,900
  • Market Improvement Value: $162,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2017
  • Current Sale Recording Date: Feb 24, 2017
  • Current Sale Transaction ID: 1997964485
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 19, 2016
  • Previous Sale Contract Date: Jan 12, 2016
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETRANS UNITED HOME LOANS
  • First Mortgage Transaction Date: Feb 24, 2017
  • First Mortgage Loan Amount: $151,182
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK INDEPENDENT
  • Previous Mortgage Transaction Date: Jan 19, 2016
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Sheffield



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Frequently Asked Questions

What neighborhood is 402 Rivermont Drive located in?
The 402 Rivermont Drive is a located in the neighborhood of Colbert in Sheffield, Sheffield.
What is the average sales price for listings in 402 Rivermont Drive?
The average sales price for units in 402 Rivermont Drive is $0 currently.

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