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505 Milk Springs Road

505 Milk Springs Road, Tuscumbia, AL 35674
House in Colbert
Sold Sep 25, 2019
$71,000
$71,717 by Renasant Bank
Mortgage Due Oct 01, 2049
Sold Feb 08, 2016
$60,000
Local assessors in Tuscumbia, AL have categorized 505 Milk Springs Road as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 29,621 square feet. The linear feet between the front and back of the lot was measured at 2,080 ft and the front of the lot was measured at 2,320 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 505 Milk Springs Road has a total of 1,515 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 attached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of asphalt. Lots of brick 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. The home's a forced air unit is the primary heating source. The property was last sold in Sep 20, 2019 for $71,000. That's $30.88 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2016 for $60,000. 505 Milk Springs Road was last assessed in 2023. The total value of the property was assessed at $12,500. 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 $382. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: Asphalt
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 2,320
  • Total Building Area: 2,299
  • Building Area: 2,299
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,515
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 232.94 X 155.21 IRR LOT IN SE 1/4 OF SW 1/4 /DB 2019 PG 2718 7-27189

Ownership

  • Current Owner : COLE JEFFREY K
  • Current Owner 2: COLE LINDSEY G
  • Previous Owner : SMITH ROGERS KELVIN CHANCE
  • Previous Owner 2: SMITH ROGERS HEATHER DAWN
  • Owner Before Previous Owner: HOWARD JOY MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Colbert County School District
  • Census Tract: 020901

Geography

  • Account Number: 37320
  • Parcel: 13-09-29-0-001-041.000
  • Meridian: SEC 29 TWN 04S RNG 11W
  • Municipality: DISTRICT NO 1
  • Latitude: 34.6757
  • Longitude: -87.7078

    Address

  • Full Address: 505 Milk Springs Rd
  • Address - House Number: 505
  • Address - Street Name: Milk Springs
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Tuscumbia
  • Carrier Code: C006
  • 4-Digit Zip Code: 3842
  • Zip Code: 35674

Valuation

    Tax

  • Total Area: 2,299
  • Tax Year: 2023
  • Tax Amount: $382
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2683
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 61
  • Final Value: 151,145
  • High Value: 191,710
  • Low Value: 110,579

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,717
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Sep 25, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $71,717
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $124,900
  • Market Land Value: $12,300
  • Market Improvement Value: $112,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 25, 2019
  • Current Sale Transaction ID: 11657419767
  • Current Sale Price: $71,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201927187
  • Previous Sale Recording Date: Feb 08, 2016
  • Previous Sale Contract Date: Jan 30, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Sep 25, 2019
  • First Mortgage Loan Amount: $71,717
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Colbert



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Frequently Asked Questions

What neighborhood is 505 Milk Springs Road located in?
The 505 Milk Springs Road is a house located in the neighborhood of Colbert in Colbert, Tuscumbia.
What is the average sales price for listings in 505 Milk Springs Road?
The average sales price for units in 505 Milk Springs Road is $74,900 , or $49/sqft. currently.

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