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505 Reid Drive

505 Reid Drive, Dothan, AL 36301
Property in Houston
Local assessors in Dothan, AL have categorized 505 Reid Drive as a commercial type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1986. 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.

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. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 505 Reid Drive sold most recently in Jan 2, 2019 for a total of $100,000. If you work out the math, that's approximately a cost of $45.43 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 $282 in taxes each year. 505 Reid Drive was most recently assessed in 2019. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1986
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 3
  • 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: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,201
  • Building Area: 2,201
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CLOVERDALE 4TH ADD
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 3 BLK I 4TH ADD CLOVERDALE SUB

Ownership

  • Current Owner : REYES NERY RAUDALES
  • Current Owner 2: DIAZ SAUL VICENTE
  • Previous Owner : ABRAMS DAVID L
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dothan City School District
  • Census Tract: 041100

Geography

  • Parcel: 09-07-36-1-010-008-000 01
  • Block: I
  • Lot: 3
  • Meridian: SEC 36 TWN 03N RNG 26E
  • Latitude: 31.1957
  • Longitude: -85.3863

    Address

  • Full Address: 505 Reid Dr
  • Address - House Number: 505
  • Address - Street Name: Reid
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Dothan
  • Carrier Code: C005
  • 4-Digit Zip Code: 5265
  • Zip Code: 36301

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $282
  • Tax Rate Code Area: DOTHAN SC

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Jan 07, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $80,000
  • 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: Feb 01, 2049

    Assessments Valuation

  • Assessed Year: 2019

    Sales

  • Current Sale Contract Date: Jan 02, 2019
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Transaction ID: 11589237376
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0814-0216

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Jan 07, 2019
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Dothan



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Nearby Rentals

Unit for rent at 207 West Adams, Dothan, AL, 36303

$2,500 /mo

  • Studio
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207 West Adams, Dothan, AL, 36303 Listing by Tom West

Frequently Asked Questions

What neighborhood is 505 Reid Drive located in?
The 505 Reid Drive is a located in the neighborhood of Houston in Dothan, Dothan.
What is the average sales price for listings in 505 Reid Drive?
The average sales price for units in 505 Reid Drive is $0 currently.

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