Check Availability

500 Grace Street

500 Grace Street, Tuscaloosa, AL 35401
Property in Tuscaloosa
Sold Aug 16, 2023
$279,900
Sold Aug 16, 2023
$279,900
500 Grace Street in Tuscaloosa, AL was first built in 1978 and is 46 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. 500 Grace Street has 6,932 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 17,450 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). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as poor. 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. As for heating, the home is utilizing a heat pump. The property was last sold in Aug 4, 2023 for $279,900. That's $416.52 per sqft. Prior to that sales transaction, the property was also sold in Aug 4, 2023 for $279,900. 500 Grace Street was last assessed in 2023. The total value of the property was assessed at $174,760. Specifically, the land the property is located on was valued at $13,960. While improvements on the property were assessed at a total of $160,800. 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 $9,000. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: D
  • 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
  • Business/Commerical Units Count: 19
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,450
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 6,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W. W. HERRING SURVEY SUBD
  • Land Acres: 0.401
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 & 10 IN W. W. HERRING SURVEY SUBD

Ownership

  • Current Owner : MEEKS ZACHARY C
  • Current Owner 2: MEEKS MELISSA S
  • Previous Owner : CAMPUS RENTALS LLC
  • Owner Before Previous Owner: GRACE STREET LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tuscaloosa City School District
  • Census Tract: 011402

Zoning

  • Zoning: RMF2

Geography

  • Assessors Map Reference: BK 24 PG 490
  • Account Number: 96755
  • District: 4
  • Parcel: 31-06-23-2-010-006.000
  • Lot: 9&10
  • Meridian: SEC 23 TWN 21S RNG 10W
  • Municipality: TUSCALOOSA
  • Latitude: 33.2118
  • Longitude: -87.5545

    Address

  • Full Address: 500 Grace St
  • Address - House Number: 500
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: AL
  • City Name: Tuscaloosa
  • Carrier Code: C008
  • 4-Digit Zip Code: 1663
  • Zip Code: 35401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,000

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 320,081
  • High Value: 364,651
  • Low Value: 275,510

    Market Valuation

  • Market Total Value: $873,800
  • Market Land Value: $69,800
  • Market Improvement Value: $804,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,760
  • Assessed Land Value: $13,960
  • Assessed Improvements Value: $160,800

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11911455839
  • Current Sale Price: $279,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 16, 2023
  • Previous Sale Contract Date: Aug 04, 2023
  • Previous Sale Amount: $279,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL CITY HOME LOANS, LLC
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $223,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Tuscaloosa



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 500 Grace Street located in?
The 500 Grace Street is a located in the neighborhood of Tuscaloosa in Tuscaloosa, Tuscaloosa.
What is the average sales price for listings in 500 Grace Street?
The average sales price for units in 500 Grace Street is $0 currently.

Quantcast