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504 Elm Street

504 Elm Street, Bessemer, AL 35022
House in Jefferson
Sold Jun 26, 2019
$115,000
$113,000 by Synovus Bank
Mortgage Due Jan 01, 2049
Sold Jun 20, 2018
$35,900
$56,996 by Lima One Capital
Mortgage Due Jun 01, 2019
504 Elm Street in Bessemer, AL was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 2019. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 504 Elm Street has 972 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 530 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 7,685 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete. 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 central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 504 Elm Street was last sold in May 28, 2019 for $115,000. According to our calculations, that's $79.86 per sqft. Prior to that sales transaction, the property was sold for $35,900 in May 22, 2018. Current property owners are expected to pay $414 in taxes per year. The property on 504 Elm Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,320. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 468
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,685
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 972
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROMANOS SAM ADD TO BESS *
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 AND THE W 3 FT OF LOT 16 BLK 1 OF SAM ROMANOS ADD TO BESSEMER

Ownership

  • Current Owner : PAYTON DELWIN
  • Previous Owner : CALDWELL GLOBAL ENTERPRISES LLC
  • Owner Before Previous Owner: SEC OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010402

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 53147
  • District: 051-0000
  • Parcel: 38-00-20-2-010-038.000
  • Block: 1
  • Lot: 17,16
  • Meridian: SEC 20 TWN 19S RNG 04W
  • Municipality: COUNTY (BESS DIV)-51
  • Latitude: 33.3733
  • Longitude: -86.981

    Address

  • Full Address: 504 Elm St Sw
  • Address - House Number: 504
  • Street Segment Direction: SW
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R013
  • 4-Digit Zip Code: 4767
  • Zip Code: 35022

Valuation

    Tax

  • Total Area: 1,274
  • Tax Year: 2022
  • Tax Amount: $414
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 53
  • Final Value: 146,367
  • High Value: 180,211
  • Low Value: 112,522

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $115,500
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2019
  • First Open Lien Mortgage Loan Amount: $113,000
  • 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: Jan 01, 2049
  • Second Open Lien Mortgage Lender: COLUMBUS HOUSING INITIATIVE
  • Second Open Lien Mortgage Recording Date: Jun 26, 2019
  • Second Open Lien Mortgage Loan Amount: $2,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $93,100
  • Market Land Value: $16,000
  • Market Improvement Value: $77,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Transaction ID: 11620113575
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019063500
  • Previous Sale Recording Date: Jun 20, 2018
  • Previous Sale Contract Date: May 22, 2018
  • Previous Sale Amount: $35,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Jun 26, 2019
  • First Mortgage Loan Amount: $113,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049
  • Second Mortgage Lender: COLUMBUS HOUSING INITIATIVE
  • Second Mortgage Transaction Date: Jun 26, 2019
  • Second Mortgage Loan Amount: $2,500
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Jan 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: LIMA ONE CAPITAL
  • Previous Mortgage Transaction Date: Jun 20, 2018
  • Previous Mortgage Loan Amount: $56,996
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2019

About Jefferson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 504 Elm Street located in?
The 504 Elm Street is a house located in the neighborhood of Jefferson in Jefferson, Bessemer.
What is the average sales price for listings in 504 Elm Street?
The average sales price for units in 504 Elm Street is $0 currently.

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