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4188 Hobbs Island Road

4188 Hobbs Island Road, Owens Cross Roads, AL 35763
Property in Madison
Sold Oct 16, 2018
$88,000
$88,888 by Southern Fidelity Mortgage Gro
Mortgage Due Nov 01, 2048
Sold Oct 17, 2016
$60,000
$57,997 by Pilgrim Mortgage Llc
Mortgage Due Nov 01, 2046
4188 Hobbs Island Road has been categorized by the local assessors in Owens Cross Roads, AL as a residential type of property. The building on the property was first built in 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2009. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4188 Hobbs Island Road has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,504 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. 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. In terms of heating, it is utilizing a gravity heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4188 Hobbs Island Road was last sold in Oct 15, 2018 for $88,000. According to our calculations, that's $60.44 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Oct 14, 2016. Current property owners are expected to pay $400 in taxes per year. The property on 4188 Hobbs Island Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,400. To break that down further, the land itself was valued at $1,400. While improvements to the property were assessed at a total of $11,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • 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: 13,504
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 6 T6S R2E PART OF THE NE 1/4 OF SEC 6 DESC AS COM AT THE CEN OF SD NE 1/4 OF SEC TH N 420.42 FT TH S 83 DEG W 468.60 FT T

Ownership

  • Current Owner : BOUNDS PHILLIP E
  • Current Owner 2: BOUNDS DARLENE M
  • Previous Owner : BLANCH RICHARD A
  • Owner Before Previous Owner: GREEN PAULA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011302

Geography

  • Account Number: 480532
  • Parcel: 29-03-06-0-000-044.000
  • Meridian: SEC 06 TWN 06S RNG 02E
  • Municipality: COUNTY
  • Latitude: 34.5466
  • Longitude: -86.4583

    Address

  • Full Address: 4188 Hobbs Island Rd
  • Address - House Number: 4188
  • Address - Street Name: Hobbs Island
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Owens Cross Roads
  • Carrier Code: R002
  • 4-Digit Zip Code: 8962
  • Zip Code: 35763

Valuation

    Tax

  • Total Area: 1,460
  • Tax Year: 2023
  • Tax Amount: $400

    Appraisal Valuation

  • Standard Deviation: 0.2372
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 185,789
  • High Value: 229,870
  • Low Value: 141,709

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $138,888
  • First Open Lien Mortgage Lender: SOUTHERN FIDELITY MORTGAGE GRO
  • First Open Lien Mortgage Recording Date: Oct 16, 2018
  • First Open Lien Mortgage Loan Amount: $88,888
  • 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 01, 2048
  • Second Open Lien Mortgage Lender: CADENCE BANK
  • Second Open Lien Mortgage Recording Date: Nov 16, 2022
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 04, 2032

    Market Valuation

  • Market Total Value: $124,000
  • Market Land Value: $14,000
  • Market Improvement Value: $110,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,400
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $11,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 16, 2018
  • Current Sale Transaction ID: 11523098719
  • Current Sale Price: $88,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20181016000066618
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN FIDELITY MORTGAGE GRO
  • First Mortgage Transaction Date: Oct 16, 2018
  • First Mortgage Loan Amount: $88,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PILGRIM MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 17, 2016
  • Previous Mortgage Loan Amount: $57,997
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Madison



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Frequently Asked Questions

What neighborhood is 4188 Hobbs Island Road located in?
The 4188 Hobbs Island Road is a located in the neighborhood of Madison in Madison, Owens Cross Roads.
What is the average sales price for listings in 4188 Hobbs Island Road?
The average sales price for units in 4188 Hobbs Island Road is $0 currently.

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