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5303 Indian Springs Avenue

5303 Indian Springs Avenue, Northport, AL 35473
Property in Tuscaloosa
Sold Aug 27, 2012
$1,733,367
$173,367 by Bryant Mortgage
Mortgage Due Aug 27, 2042
Local assessors in Northport, AL have categorized 5303 Indian Springs Avenue as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 25,680 square feet. The linear feet between the front and back of the lot was measured at 2,140 ft and the front of the lot was measured at 1,200 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 5303 Indian Springs Avenue has a total of 1,951 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 - C. The building has a gable or hip style roof that was made of shingle (not wood). 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, 5303 Indian Springs Avenue sold most recently in Aug 10, 2012 for a total of $1,733,367. If you work out the math, that's approximately a cost of $888.45 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 $882 in taxes each year. 5303 Indian Springs Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,240. If we break it down further, the land itself was valued at $2,440. Improvements to the property, however, were assessed at a total of $45,800. 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 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.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C
  • 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: 550
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,680
  • Lot Size Depth Feet: 2,140
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,951
  • Building Area: 1,951
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,951
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD SUBD
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: LOT 15 IN BLK U IN NORTHWOOD SUBD SECTOR 7

Ownership

  • Current Owner : FRENCH ELLIOT SCOTT
  • Current Owner 2: FRENCH REGINA
  • Previous Owner : HOLLIS JUSTIN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tuscaloosa County School District
  • Census Tract: 010206

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: BK 7 PG 143
  • Account Number: 18651
  • District: 5
  • Parcel: 20-08-33-4-007-012.000
  • Block: U
  • Lot: 15
  • Meridian: SEC 33 TWN 20S RNG 10W
  • Municipality: NORTHPORT
  • Latitude: 33.2592
  • Longitude: -87.5851

    Address

  • Full Address: 5303 Indian Springs Ave
  • Address - House Number: 5303
  • Address - Street Name: Indian Springs
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Northport
  • Carrier Code: C004
  • 4-Digit Zip Code: 1418
  • Zip Code: 35473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $882

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 322,770
  • High Value: 367,715
  • Low Value: 277,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,367
  • First Open Lien Mortgage Lender: BRYANT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 27, 2012
  • First Open Lien Mortgage Loan Amount: $173,367
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 27, 2042

    Market Valuation

  • Market Total Value: $241,200
  • Market Land Value: $12,200
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,240
  • Assessed Land Value: $2,440
  • Assessed Improvements Value: $45,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2012
  • Current Sale Recording Date: Aug 27, 2012
  • Current Sale Transaction ID: 1006189281
  • Current Sale Price: $1,733,367
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRYANT MORTGAGE
  • First Mortgage Transaction Date: Aug 27, 2012
  • First Mortgage Loan Amount: $173,367
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Northport



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5303 Indian Springs Avenue located in?
The 5303 Indian Springs Avenue is a located in the neighborhood of Tuscaloosa in Northport, Northport.
What is the average sales price for listings in 5303 Indian Springs Avenue?
The average sales price for units in 5303 Indian Springs Avenue is $0 currently.

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