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518 County Rd 505

518 County Rd 505, Rainsville, AL 35986
Property in DeKalb
Sold Sep 07, 2007
Transfer
$86,735 by Jp Morgan Chase Bank Na
Mortgage Due Sep 01, 2037
518 County Rd 505 in Rainsville, AL was first built in 2000 and is 24 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 518 County Rd 505 has 1,502 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. In total, the area measurement of the land is 47,480 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of metal. For those who need parking, there is a carport. The quality of the control joints have been graded by the local assessor with a letter grade of D-. The condition of the building has been evaluated as poor. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $994 in taxes per year. The property on 518 County Rd 505 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,560. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Poor
  • Building Quality: D-
  • 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: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT OF NE1/4 SE1/4 DESC AS: BEG 210' SOUTH OF NE COR OF 1/4 1/4 TH: S 100' SW 131.02' NW 160.99' NE 174.84' NW 28.08' E 222.5'

Ownership

  • Current Owner : REYNOLDS AIMEE
  • Previous Owner : STEELE NANCY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 960402

Geography

  • Account Number: 104023
  • District: COUNTY
  • Parcel: 15-06-23-0-000-026.004
  • Meridian: SEC 23 TWN 06S RNG 08E
  • Municipality: COUNTY
  • Latitude: 34.4988
  • Longitude: -85.7594

    Address

  • Full Address: 518 County Road 505
  • Address - House Number: 518
  • Address - Street Name: County Road 505
  • State: AL
  • City Name: Rainsville
  • Carrier Code: R002
  • 4-Digit Zip Code: 4064
  • Zip Code: 35986

Valuation

    Tax

  • Total Area: 1,595
  • Tax Year: 2023
  • Tax Amount: $994

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 321,691
  • High Value: 388,791
  • Low Value: 254,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,735
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2007
  • First Open Lien Mortgage Loan Amount: $86,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2037

    Market Valuation

  • Market Total Value: $212,340
  • Market Land Value: $8,140
  • Market Improvement Value: $204,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2007
  • Current Sale Recording Date: Sep 07, 2007
  • Current Sale Transaction ID: 1000054400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200700232604

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 07, 2007
  • First Mortgage Loan Amount: $86,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2037

About DeKalb



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Frequently Asked Questions

What neighborhood is 518 County Rd 505 located in?
The 518 County Rd 505 is a located in the neighborhood of DeKalb in DeKalb, Rainsville.
What is the average sales price for listings in 518 County Rd 505?
The average sales price for units in 518 County Rd 505 is $0 currently.

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