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506 Monterey Drive

506 Monterey Drive, Northport, AL 35473
Property in Tuscaloosa
Sold Feb 26, 2014
$193,071
$183,571 by Hometown Mortgage
Mortgage Due Feb 26, 2044
Sold Aug 17, 2010
$143,000
Seller
$138,710 by Regions Mortgage
Mortgage Due Aug 16, 2040
506 Monterey Drive has been categorized by the local assessors in Northport, AL as a residential type of property. The building on the property was first built in 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 506 Monterey Drive has 1,739 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 21,590 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 506 Monterey Drive sold most recently in Feb 26, 2014 for a total of $193,071. If you work out the math, that's approximately a cost of $111.02 per sqft. Before that, the property was also sold for $143,000 in Jan 1, 1970. 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 $667 in taxes each year. 506 Monterey Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,060. If we break it down further, the land itself was valued at $3,120. Improvements to the property, however, were assessed at a total of $33,940. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1999
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • 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: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 21,590
  • Total Building Area: 1,739
  • Building Area: 1,739
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,739
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONTEREY DRIVE S/D
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: LOT 12 MONTEREY DRIVE S/D

Ownership

  • Current Owner : WHATLEY JAMES DERIC
  • Current Owner 2: WHATLEY TOBI E
  • Previous Owner : SWANN MATTHEW
  • Owner Before Previous Owner: FNMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tuscaloosa County School District
  • Census Tract: 010204

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: BK 10 PG 51
  • Account Number: 18445
  • District: 5
  • Parcel: 20-08-34-4-001-031.002
  • Lot: 12
  • Meridian: SEC 34 TWN 20S RNG 10W
  • Municipality: NORTHPORT
  • Latitude: 33.2623
  • Longitude: -87.5636

    Address

  • Full Address: 506 Monterey Dr
  • Address - House Number: 506
  • Address - Street Name: Monterey
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Northport
  • Carrier Code: R013
  • 4-Digit Zip Code: 7458
  • Zip Code: 35473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $667

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 51
  • Final Value: 242,183
  • High Value: 301,235
  • Low Value: 183,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,571
  • First Open Lien Mortgage Lender: HOMETOWN MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 26, 2014
  • First Open Lien Mortgage Loan Amount: $183,571
  • 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 26, 2044

    Market Valuation

  • Market Total Value: $185,300
  • Market Land Value: $15,600
  • Market Improvement Value: $169,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,060
  • Assessed Land Value: $3,120
  • Assessed Improvements Value: $33,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2014
  • Current Sale Recording Date: Feb 26, 2014
  • Current Sale Transaction ID: 1006556437
  • Current Sale Price: $193,071
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 17, 2010
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN MORTGAGE
  • First Mortgage Transaction Date: Feb 26, 2014
  • First Mortgage Loan Amount: $183,571
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Aug 17, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $138,710
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 16, 2040

About Northport



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 506 Monterey Drive located in?
The 506 Monterey Drive is a located in the neighborhood of Tuscaloosa in Northport, Northport.
What is the average sales price for listings in 506 Monterey Drive?
The average sales price for units in 506 Monterey Drive is $0 currently.

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