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545 Lake South Drive Southwest

545 Lake South Drive Southwest, Hartselle, AL 35640
Property in Morgan
Sold Jun 16, 2022
$400,000
$320,000 by Synovus Bank
Mortgage Due Jul 01, 2052
Sold Aug 22, 2019
$274,900
$274,900 by Navy Fcu
Mortgage Due Sep 01, 2049
Local assessors in Hartselle, AL have categorized 545 Lake South Drive Southwest as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 17,258 square feet. As for the restroom situation, there are 2 full bathrooms. 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 545 Lake South Drive Southwest has a total of 2,721 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 605 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 unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - B-. The building has a gable or hip style roof that was made of asphalt. 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. 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, 545 Lake South Drive Southwest was last sold in Jun 15, 2022 for $400,000. According to our calculations, that's $147.00 per sqft. Prior to that sales transaction, the property was sold for $274,900 in Aug 22, 2019. Current property owners are expected to pay $1,355 in taxes per year. The property on 545 Lake South Drive Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,600. To break that down further, the land itself was valued at $3,960. While improvements to the property were assessed at a total of $31,640. 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. 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. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: B-
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 605
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,258
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,721
  • Building Area: 2,721
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,721
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE SOUTH VILLAGE S/D #1
  • Land Acres: 0.396
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10, LAKE SOUTH VILLAGE S/D #1, MB. 10, PG. 80, SEC 27, T7S, R4W

Ownership

  • Current Owner : EUBANKS BRADLEY K
  • Current Owner 2: EUBANKS JESSICA M
  • Previous Owner : ZUERCHER
  • Previous Owner 2: APRIL
  • Owner Before Previous Owner: STEELE CHRISTINA N
  • Owner Before Previous Owner 2: FREE CHRIS S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Hartselle City School District
  • School Tax School District: HARTSELLE
  • Census Tract: 005304

Geography

  • Account Number: 106177
  • Parcel: 15-08-27-0-000-100.000
  • Lot: 10
  • Meridian: SEC 27 TWN 7S RNG 4W
  • Municipality: HARTSELLE
  • Latitude: 34.4124
  • Longitude: -86.9355

    Address

  • Full Address: 545 Lake South Dr Sw
  • Address - House Number: 545
  • Street Segment Direction: SW
  • Address - Street Name: Lake South
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Hartselle
  • Carrier Code: R009
  • 4-Digit Zip Code: 3890
  • Zip Code: 35640

Valuation

    Tax

  • Total Area: 3,151
  • Tax Year: 2023
  • Tax Amount: $1,355
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.4767
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 4
  • Final Value: 412,167
  • High Value: 608,657
  • Low Value: 215,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2022
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $356,000
  • Market Land Value: $39,600
  • Market Improvement Value: $316,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,600
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $31,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Transaction ID: 11890205895
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 22, 2019
  • Previous Sale Amount: $274,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Jun 16, 2022
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Aug 22, 2019
  • Previous Mortgage Loan Amount: $274,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Hartselle



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Frequently Asked Questions

What neighborhood is 545 Lake South Drive Southwest located in?
The 545 Lake South Drive Southwest is a located in the neighborhood of Morgan in Hartselle, Hartselle.
What is the average sales price for listings in 545 Lake South Drive Southwest?
The average sales price for units in 545 Lake South Drive Southwest is $0 currently.

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