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478 McDonald Lane

478 McDonald Lane, Guntersville, AL 35976
House in Marshall
Sold Oct 03, 2019
$58,500
$55,200 by Fnb Bank
Mortgage Due Feb 06, 2040
Sold Feb 22, 2016
$39,401
$38,686 by Homestar Financial Corp
Mortgage Due Mar 01, 2036
478 McDonald Lane in Guntersville, AL was first built in 1971 and is 53 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. 478 McDonald Lane has 1,350 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. The linear feet across the front of the lot is 2,200 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 13,200 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). 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 average. 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. 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, 478 McDonald Lane sold most recently in Sep 20, 2019 for a total of $58,500. If you work out the math, that's approximately a cost of $43.33 per sqft. Before that, the property was also sold for $39,401 in Feb 4, 2016. 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 $543 in taxes each year. 478 McDonald Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,480. If we break it down further, the land itself was valued at $2,120. Improvements to the property, however, were assessed at a total of $12,360. 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. 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.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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Masonite Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 5
  • 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: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,200
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 2,200
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCDONALD SD
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 19 BLK 1 MCDONALD SD PB 6 PG 128 528/876 2904/12-CORRECTION

Ownership

  • Current Owner : BONDS DEREK
  • Previous Owner : COLQUITT BOBBY W
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRS

Neighborhood

  • School District Name: Marshall County School District
  • Census Tract: 030206

Geography

  • Assessors Map Reference: MB6232; PG114
  • Account Number: 502589
  • District: DISTRICT 25
  • Parcel: 10-01-12-0-001-017.000
  • Block: 1
  • Lot: 19
  • Meridian: SEC 12 TWN 7S RNG 3E
  • Municipality: LACEY SPRINGS
  • Latitude: 34.4408
  • Longitude: -86.2681

    Address

  • Full Address: 478 Mcdonald Ln
  • Address - House Number: 478
  • Address - Street Name: Mcdonald
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Guntersville
  • Carrier Code: H064
  • 4-Digit Zip Code: 9040
  • Zip Code: 35976

Valuation

    Tax

  • Total Area: 1,402
  • Tax Year: 2023
  • Tax Amount: $543
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 97,728
  • High Value: 142,589
  • Low Value: 52,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,200
  • First Open Lien Mortgage Lender: FNB BANK
  • First Open Lien Mortgage Recording Date: Jan 21, 2020
  • First Open Lien Mortgage Loan Amount: $55,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 06, 2040

    Market Valuation

  • Market Total Value: $72,400
  • Market Land Value: $10,600
  • Market Improvement Value: $61,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,480
  • Assessed Land Value: $2,120
  • Assessed Improvements Value: $12,360

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11661446025
  • Current Sale Price: $58,500
  • Current Sale Document Type: Foreclosure
  • Current Sale Input Document Number: 3196517
  • Previous Sale Recording Date: Feb 22, 2016
  • Previous Sale Contract Date: Feb 04, 2016
  • Previous Sale Amount: $39,401
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTAR FINANCIAL CORP
  • Previous Mortgage Transaction Date: Feb 22, 2016
  • Previous Mortgage Loan Amount: $38,686
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Marshall



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 478 McDonald Lane located in?
The 478 McDonald Lane is a house located in the neighborhood of Marshall in Marshall, Guntersville.
What is the average sales price for listings in 478 McDonald Lane?
The average sales price for units in 478 McDonald Lane is $0 currently.

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