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5040 County Rd 31

5040 County Rd 31, Killen, AL 35645
Property in Lauderdale
Sold Aug 24, 2021
$235,000
$220,000 by First Southern Bank
Mortgage Due Aug 24, 2051
Local assessors in Killen, AL have categorized 5040 County Rd 31 as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 653,400 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 5040 County Rd 31 has a total of 1,771 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 960 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is poor. The building has a gable or hip style roof that was made of metal. 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. 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, 5040 County Rd 31 sold most recently in Aug 17, 2021 for a total of $235,000. If you work out the math, that's approximately a cost of $132.69 per sqft. 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 $632 in taxes each year. 5040 County Rd 31 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,280. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Poor
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 960
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 653,400
  • Total Building Area: 1,771
  • Building Area: 1,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN OAKS SUB
  • Land Acres: 15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 15 AC/C PT OF NW/4 OF SW/4 & PT OF SW/4 OF SW/4 LESS RD ROW SEC 15 T2S R9W DEATH CERT

Ownership

  • Current Owner : PRESTAGE KYLE R
  • Previous Owner : MURKS ANTHONY IRWIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lauderdale County School District
  • Census Tract: 011606

Geography

  • Account Number: 076059
  • District: DISTRICT 1
  • Parcel: 17-05-15-0-000-013-000
  • Meridian: SEC 15 TWN 02S RNG 09W
  • Municipality: COUNTY WIDE
  • Latitude: 34.8758
  • Longitude: -87.4779

    Address

  • Full Address: 5040 County Road 31
  • Address - House Number: 5040
  • Address - Street Name: County Road 31
  • State: AL
  • City Name: Killen
  • Carrier Code: R009
  • 4-Digit Zip Code: 6704
  • Zip Code: 35645

Valuation

    Tax

  • Total Area: 2,084
  • Tax Year: 2023
  • Tax Amount: $632
  • Tax Rate Code Area: COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 316,187
  • High Value: 375,699
  • Low Value: 256,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: FIRST SOUTHERN BANK
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Aug 24, 2051

    Market Valuation

  • Market Total Value: $279,980
  • Market Land Value: $130,300
  • Market Improvement Value: $149,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11853640596
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SOUTHERN BANK
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Lauderdale



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97 Harvest Hills Place #215 Harvest Hills Place, Killen, AL, 35645 Listing by Manager

Frequently Asked Questions

What neighborhood is 5040 County Rd 31 located in?
The 5040 County Rd 31 is a located in the neighborhood of Lauderdale in Lauderdale, Killen.
What is the average sales price for listings in 5040 County Rd 31?
The average sales price for units in 5040 County Rd 31 is $0 currently.

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