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407 Bay Tree Lane Southwest

407 Bay Tree Lane Southwest, Huntsville, AL 35824
Property in Lake Forest
Sold Feb 01, 2017
$195,951
$130,000 by Firstbank
Mortgage Due Feb 01, 2047
407 Bay Tree Lane Southwest in Huntsville, AL was first built in 2016 and is 8 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 407 Bay Tree Lane Southwest has 1,863 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 8,700 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. 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 condition of the building has been evaluated as good. 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. The property was last sold in Jan 31, 2017 for $195,951. That's $105.18 per sqft. 407 Bay Tree Lane Southwest was last assessed in 2023. The total value of the property was assessed at $26,780. Specifically, the land the property is located on was valued at $6,000. While improvements on the property were assessed at a total of $20,780. 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 $1,505. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • 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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,700
  • Total Building Area: 1,863
  • Building Area: 1,863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA VILLAGE
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLK 2 MAGNOLIA VILLAGE AT LAKE FOREST PB # 20071025000747860

Ownership

  • Current Owner : WONG GREGORY G
  • Previous Owner : D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 011202

Geography

  • Account Number: 444286
  • Parcel: 16-08-34-0-000-015.047
  • Block: 2
  • Lot: 12
  • Meridian: SEC 34 TWN 04S RNG 02W
  • Municipality: HUNTSVILLE
  • Latitude: 34.6494
  • Longitude: -86.7335

    Address

  • Full Address: 407 Bay Tree Ln Sw
  • Address - House Number: 407
  • Street Segment Direction: SW
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Huntsville
  • Carrier Code: R036
  • 4-Digit Zip Code: 4070
  • Zip Code: 35824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,505

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 330,093
  • High Value: 409,599
  • Low Value: 250,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2017
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $267,800
  • Market Land Value: $60,000
  • Market Improvement Value: $207,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,780
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $20,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2017
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Transaction ID: 1958509503
  • Current Sale Price: $195,951
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20170201000059350

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Feb 01, 2017
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

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Frequently Asked Questions

What neighborhood is 407 Bay Tree Lane Southwest located in?
The 407 Bay Tree Lane Southwest is a located in the neighborhood of Lake Forest in Lake Forest, Huntsville.
What is the average sales price for listings in 407 Bay Tree Lane Southwest?
The average sales price for units in 407 Bay Tree Lane Southwest is $0 currently.

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