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535 Low Gap Road

535 Low Gap Road, Gurley, AL 35748
Property in Madison
Sold Jun 18, 2018
$170,000
$247,000 by Community Mortgage Corp
Mortgage Due Sep 01, 2051
Sold Aug 01, 2011
$35,000
Local assessors in Gurley, AL have categorized 535 Low Gap Road as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 78,408 square feet. 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 535 Low Gap Road has a total of 1,532 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable or hip style roof that was made of asphalt. Lots of unknown 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 535 Low Gap Road was last sold in Jun 15, 2018 for $170,000. According to our calculations, that's $110.97 per sqft. Prior to that sales transaction, the property was sold for $35,000 in Jul 29, 2005. Current property owners are expected to pay $597 in taxes per year. The property on 535 Low Gap Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,980. To break that down further, the land itself was valued at $3,780. While improvements to the property were assessed at a total of $14,200. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.8
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 10 T5S R2E PT OF SEC 10 DESC AS COMM AT THE SW COR OF SEC 10 TH N 1318.77 FT N 666.07 FT N 387.50 FT TH E TO E MAR OF LOW

Ownership

  • Current Owner : MORRIS NATHAN A
  • Previous Owner : WEBBER MATTHEW C
  • Previous Owner 2: WEBBER JENELL E
  • Owner Before Previous Owner: LEE ROBERT D
  • Owner Before Previous Owner 2: LEE SHERRY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011301

Geography

  • Account Number: 575880
  • Parcel: 22-02-10-0-000-038.000
  • Meridian: SEC 10 TWN 05S RNG 02E
  • Municipality: COUNTY
  • Latitude: 34.6172
  • Longitude: -86.413

    Address

  • Full Address: 535 Low Gap Rd
  • Address - House Number: 535
  • Address - Street Name: Low Gap
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Gurley
  • Carrier Code: R002
  • 4-Digit Zip Code: 8626
  • Zip Code: 35748

Valuation

    Tax

  • Total Area: 1,871
  • Tax Year: 2023
  • Tax Amount: $597

    Appraisal Valuation

  • Standard Deviation: 0.4801
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 3
  • Final Value: 188,505
  • High Value: 279,013
  • Low Value: 97,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $247,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $179,700
  • Market Land Value: $37,800
  • Market Improvement Value: $141,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,980
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $14,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2018
  • Current Sale Recording Date: Jun 18, 2018
  • Current Sale Transaction ID: 11473211614
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180618000038442
  • Previous Sale Recording Date: Aug 01, 2011
  • Previous Sale Contract Date: Jul 29, 2005
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIA MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 18, 2018
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

About Madison



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Frequently Asked Questions

What neighborhood is 535 Low Gap Road located in?
The 535 Low Gap Road is a located in the neighborhood of Madison in Madison, Gurley.
What is the average sales price for listings in 535 Low Gap Road?
The average sales price for units in 535 Low Gap Road is $0 currently.

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