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426 Simpson Street

426 Simpson Street, Florence, AL 35630
Property in Lauderdale
Sold Jun 26, 2020
$132,600
$130,198 by Progress Bank & Trust
Mortgage Due Jul 01, 2050
Local assessors in Florence, AL have categorized 426 Simpson Street as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 426 Simpson Street has a total of 1,302 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The property was last sold in Jun 26, 2020 for $132,600. That's $101.84 per sqft. 426 Simpson Street was last assessed in 2023. The total value of the property was assessed at $17,360. 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 $786. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF FLORENCE BLOCK 0436
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 50' X 150' CITY OF FLORENCE SD BLK 436 LOT 8 .17 AC/C SEC 03 T3S R11W PB 1 PG 136

Ownership

  • Current Owner : GALLAGHER GAVIN
  • Previous Owner : KKNIGHT PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Florence City School District
  • Census Tract: 010600

Geography

  • Account Number: 097016
  • District: WSFL001
  • Parcel: 24-02-03-4-004-031-000
  • Block: 436
  • Lot: 8
  • Meridian: SEC 03 TWN 03S RNG 11W
  • Municipality: CITY OF FLORENCE
  • Latitude: 34.8166
  • Longitude: -87.6768

    Address

  • Full Address: 426 Simpson St
  • Address - House Number: 426
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: AL
  • City Name: Florence
  • Carrier Code: C042
  • 4-Digit Zip Code: 2346
  • Zip Code: 35630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $786
  • Tax Rate Code Area: CITY OF FL

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 227,198
  • High Value: 282,106
  • Low Value: 172,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,198
  • First Open Lien Mortgage Lender: PROGRESS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,198
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $173,420
  • Market Land Value: $4,700
  • Market Improvement Value: $168,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Transaction ID: 11770258524
  • Current Sale Price: $132,600
  • Current Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROGRESS BANK & TRUST
  • First Mortgage Transaction Date: Jun 26, 2020
  • First Mortgage Loan Amount: $130,198
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Florence



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Frequently Asked Questions

What neighborhood is 426 Simpson Street located in?
The 426 Simpson Street is a located in the neighborhood of Lauderdale in Florence, Florence.
What is the average sales price for listings in 426 Simpson Street?
The average sales price for units in 426 Simpson Street is $0 currently.

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