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505 Wells Avenue

505 Wells Avenue, Talladega, AL 35160
Property in Talladega
Sold Nov 22, 2021
$80,000
$85,000 by First Bank Of Alabama
Mortgage Due Nov 22, 2051
505 Wells Avenue in Talladega, AL was first built in 1930 and is 94 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 505 Wells Avenue has 2,772 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 1,050 ft and the linear feet between the front and back of the lot is 1,930. In total, the area measurement of the land is 20,473 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asbestos. For those who need parking, there is a garage. The garage is 288 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as poor. The exterior walls of the home are made of asbestos shingle. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heating 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, 505 Wells Avenue sold most recently in Jan 1, 1970 for a total of $80,000. If you work out the math, that's approximately a cost of $28.86 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 $933 in taxes each year. 505 Wells Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,420. If we break it down further, the land itself was valued at $2,160. Improvements to the property, however, were assessed at a total of $21,260. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Construction Type: Frame
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,772
  • Building Area: 2,772
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEMISTON SUB
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 105' X 193 IRR LOTS 4 & 5 BLK 110 BEMISTON S/D PB 3 PG 160 0.46 AC(C) SEC 33 T18S R5E.

Ownership

  • Current Owner : TWYMON WILLIE HENRY
  • Current Owner 2: TWYMON KARISSA GLASS
  • Previous Owner : HART DON B
  • Previous Owner 2: HART LESA D

Neighborhood

  • School District Name: Talladega City School District
  • Census Tract: 011000

Geography

  • Account Number: 217438
  • Parcel: 13-08-33-4-007-007.000
  • Block: 110
  • Lot: 4-5
  • Municipality: TALLADEGA
  • Latitude: 33.4149
  • Longitude: -86.1161

    Address

  • Full Address: 505 Wells Ave
  • Address - House Number: 505
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Talladega
  • Carrier Code: C006
  • 4-Digit Zip Code: 2638
  • Zip Code: 35160

Valuation

    Tax

  • Total Area: 2,888
  • Tax Year: 2023
  • Tax Amount: $933
  • Tax Rate Code Area: TALLADEGA

    Appraisal Valuation

  • Standard Deviation: 0.4559
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 182,280
  • High Value: 265,392
  • Low Value: 99,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: FIRST BANK OF ALABAMA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $85,000
  • 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: Nov 22, 2051

    Market Valuation

  • Market Total Value: $121,200
  • Market Land Value: $10,800
  • Market Improvement Value: $110,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,420
  • Assessed Land Value: $2,160
  • Assessed Improvements Value: $21,260

    Sales

  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869227392
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK OF ALABAMA
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Talladega



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 Wells Avenue located in?
The 505 Wells Avenue is a located in the neighborhood of Talladega in Talladega, Talladega.
What is the average sales price for listings in 505 Wells Avenue?
The average sales price for units in 505 Wells Avenue is $0 currently.

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