Check Availability

5385 University Gardens Drive

5385 University Gardens Drive, Cottondale, AL 35453
Property in Tuscaloosa
This has been categorized as a vacant property type. In total, the area measurement of the land is 72,323 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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, 5385 University Gardens Drive sold most recently in Jun 1, 2021 for a total of $215,000. Before that, the property was also sold for $35,000 in May 28, 2021. 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 $180 in taxes each year. 5385 University Gardens Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,500. If we break it down further, the land itself was valued at $3,500. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 72,323
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Subdivision: UNIVERSITY GARDENS
  • Land Acres: 1.66
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: LOT 54 UNIVERSITY GARDENS

Ownership

  • Current Owner : YAN FENG
  • Current Owner 2: LI LIN
  • Previous Owner : CORBIN CUSTOM HOMES LLC
  • Owner Before Previous Owner: JONES PROPERTIES LLC

Neighborhood

  • School District Name: Tuscaloosa City School District
  • Census Tract: 010804

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: BK 2008 PG 165
  • Account Number: 22552
  • District: 4
  • Parcel: 30-08-27-2-003-002.001
  • Lot: 54
  • Meridian: SEC 27 TWN 21S RNG 09W
  • Municipality: TUSCALOOSA
  • Latitude: 33.1902
  • Longitude: -87.4651

    Address

  • Full Address: 5385 University Gardens Dr
  • Address - House Number: 5385
  • Address - Street Name: University Gardens
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Cottondale
  • Carrier Code: R004
  • 4-Digit Zip Code: 1970
  • Zip Code: 35453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,250
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK A FEDERAL S
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $161,250
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $17,500
  • Market Land Value: $17,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,500
  • Assessed Land Value: $3,500

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11840379593
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 28, 2021
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK A FEDERAL S
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $161,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Tuscaloosa



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 529 31st Avenue E, Tuscaloosa, AL, 35404

$1,675 /mo

  • 3 Beds
  • 2 Baths
529 31st Avenue E #529 31st Avenue E, Tuscaloosa, AL, 35404 Listing by Manager
Unit for rent at 419 30th Avenue East, Tuscaloosa, AL, 35404

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 1,040 ft²
419 30th Avenue East #419 30th Avenue East Unit B, Tuscaloosa, AL, 35404 Listing by Manager
Unit for rent at 4802 Cumberland Road, Tuscaloosa, AL, 35404

$1,700 /mo

  • 3 Beds
  • 2 Baths
4802 Cumberland Road #4802 Cumberland Road, Tuscaloosa, AL, 35404 Listing by Manager

Frequently Asked Questions

What neighborhood is 5385 University Gardens Drive located in?
The 5385 University Gardens Drive is a located in the neighborhood of Tuscaloosa in Tuscaloosa, Cottondale.
What is the average sales price for listings in 5385 University Gardens Drive?
The average sales price for units in 5385 University Gardens Drive is $0 currently.

Quantcast