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408 Fairground Road

408 Fairground Road, Florence, AL 35630
Property in Lauderdale
Sold Nov 19, 2020
$75,500
$60,400 by First Federal Bank Fsb
Mortgage Due Nov 19, 2050
Sold Aug 23, 2013
$51,500
408 Fairground Road has been categorized by the local assessors in Florence, AL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 408 Fairground Road has 1,120 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 1,870 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 18,580 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 garage for those who require parking. The garage measured 900 sqft. According to our sources, there are a total of 4 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as poor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of a combination of material. 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. 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, 408 Fairground Road sold most recently in Nov 17, 2020 for a total of $75,500. If you work out the math, that's approximately a cost of $67.41 per sqft. Before that, the property was also sold for $51,500 in Aug 22, 2013. 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 $483 in taxes each year. 408 Fairground Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,180. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 5
  • Bedroom Count: 0
  • Building Condition: Poor
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 900
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,580
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 90' X 200' BELMONT SUB BLK 1 LOT 1 .41 AC/C SEC 34 T2S R11W PB 2 PG 193

Ownership

  • Current Owner : MOBLEY JEFFREY TYLER
  • Previous Owner : BORDEN CLINE RAYNOND
  • Previous Owner 2: BORDEN SHEILA SUE
  • Owner Before Previous Owner: PALMER ROBERT E
  • Owner Before Previous Owner 2: PALMER JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Florence City School District
  • Census Tract: 011000

Geography

  • Account Number: 099180
  • District: WSFL001
  • Parcel: 15-08-34-1-003-016-000
  • Block: 1
  • Lot: 1
  • Meridian: SEC 34 TWN 02S RNG 11W
  • Municipality: CITY OF FLORENCE
  • Latitude: 34.8372
  • Longitude: -87.6788

    Address

  • Full Address: 408 Fairground Rd
  • Address - House Number: 408
  • Address - Street Name: Fairground
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Florence
  • Carrier Code: C014
  • 4-Digit Zip Code: 1295
  • Zip Code: 35630

Valuation

    Tax

  • Total Area: 1,235
  • Tax Year: 2023
  • Tax Amount: $483
  • Tax Rate Code Area: CITY OF FL

    Appraisal Valuation

  • Standard Deviation: 0.2537
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 145,532
  • High Value: 182,454
  • Low Value: 108,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,400
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 19, 2020
  • First Open Lien Mortgage Loan Amount: $60,400
  • 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: Nov 19, 2050

    Market Valuation

  • Market Total Value: $111,580
  • Market Land Value: $9,200
  • Market Improvement Value: $102,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11804672923
  • Current Sale Price: $75,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 23, 2013
  • Previous Sale Contract Date: Aug 22, 2013
  • Previous Sale Amount: $51,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $60,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: LISTERHILL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 23, 2013
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Florence



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Frequently Asked Questions

What neighborhood is 408 Fairground Road located in?
The 408 Fairground Road is a located in the neighborhood of Lauderdale in Florence, Florence.
What is the average sales price for listings in 408 Fairground Road?
The average sales price for units in 408 Fairground Road is $0 currently.

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