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500 Malaga Drive

500 Malaga Drive, Satsuma, AL 36572
Property in Mobile
Sold Jul 26, 2022
$250,000
$245,471 by Home Point Financial Corporati
Mortgage Due Aug 01, 2052
Sold Oct 03, 2000
Transfer
$55,200 by Coats & Co Inc
Mortgage Due Oct 01, 2030
500 Malaga Drive has been categorized by the local assessors in Satsuma, AL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 2012. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 500 Malaga Drive has 1,807 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 43,560 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 carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 21, 2022 for $250,000. That's $124.56 per sqft. 500 Malaga Drive was last assessed in 2023. The total value of the property was assessed at $24,690. Specifically, the land the property is located on was valued at $3,500. While improvements on the property were assessed at a total of $21,190. 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 $1,440. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1975
  • Effective Year Built: 2012
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,007
  • Building Area: 2,007
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,807
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAUGHANS PALISADES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 138 VAUGHANS PALISADES MBK 23 P 35 #SEC 13 T2S R1W #MP19 06 13 3 002

Ownership

  • Current Owner : STEPHENS SIDNEY LANE
  • Current Owner 2: MAPLES ADAM WADE
  • Previous Owner : KAY LEHO SUMMERLYN
  • Owner Before Previous Owner: LATIMER THELMA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Satsuma City School District
  • Census Tract: 005601

Geography

  • Account Number: 00128267
  • Parcel: 19 06 13 3 002 050.XXX
  • Lot: 138
  • Meridian: SEC 13 TWN 2S RNG 1W
  • Municipality: SATSUMA
  • Latitude: 30.8679
  • Longitude: -88.0371

    Address

  • Full Address: 500 Malaga Dr
  • Address - House Number: 500
  • Address - Street Name: Malaga
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Satsuma
  • Carrier Code: R002
  • 4-Digit Zip Code: 2838
  • Zip Code: 36572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,440

    Appraisal Valuation

  • Standard Deviation: 0.3362
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 32
  • Final Value: 190,921
  • High Value: 255,125
  • Low Value: 126,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,471
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $245,471
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $246,900
  • Market Land Value: $35,000
  • Market Improvement Value: $211,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,690
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $21,190

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11892676030
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 49654
  • Previous Sale Recording Date: Oct 03, 2000
  • Previous Sale Contract Date: Sep 28, 2000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COATS & CO INC
  • Previous Mortgage Transaction Date: Oct 03, 2000
  • Previous Mortgage Loan Amount: $55,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2030

About Satsuma



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Frequently Asked Questions

What neighborhood is 500 Malaga Drive located in?
The 500 Malaga Drive is a located in the neighborhood of Mobile in Satsuma, Satsuma.
What is the average sales price for listings in 500 Malaga Drive?
The average sales price for units in 500 Malaga Drive is $0 currently.

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