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5483 Colony Trace Court

5483 Colony Trace Court, Satsuma, AL 36572
Property in Mobile
Sold Nov 20, 2023
$260,000
$75,000 by Tyndall Federal Credit Union
Mortgage Due Dec 01, 2038
Sold Aug 15, 2018
$153,295
$150,517 by Gmfs Llc
Mortgage Due Sep 01, 2048
5483 Colony Trace Court in Satsuma, AL was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5483 Colony Trace Court has 1,593 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 15,811 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 asphalt. For those who need parking, there is a garage. The garage is 768 sqft. There are a total of 3 available parking spaces. 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 air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5483 Colony Trace Court sold most recently in Nov 17, 2023 for a total of $260,000. If you work out the math, that's approximately a cost of $161.29 per sqft. Before that, the property was also sold for $153,295 in Aug 14, 2018. 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 $1,037 in taxes each year. 5483 Colony Trace Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,080. If we break it down further, the land itself was valued at $3,500. Improvements to the property, however, were assessed at a total of $14,580. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2000
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,811
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,593
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY TRACE
  • Land Acres: 0.363
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 COLONY TRACE UNIT TWO MBK 83 P 82 #SEC 27 T2S R1W #MP19 08 27 2 000

Ownership

  • Current Owner : HUFF MARK D
  • Current Owner 2: HUFF JULIE
  • Previous Owner : SULLIVAN KEVIN
  • Previous Owner 2: SULLIVAN BRITTANY
  • Owner Before Previous Owner: NICHOLSON BRANDON C
  • Owner Before Previous Owner 2: NICHOLSON TAMARA L JENNINGS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Satsuma City School District
  • Census Tract: 005602

Geography

  • Account Number: 02957526
  • Parcel: 19 08 27 2 000 013.013
  • Lot: 9
  • Meridian: SEC 27 TWN 2S RNG 1W
  • Municipality: SATSUMA
  • Latitude: 30.8494
  • Longitude: -88.0719

    Address

  • Full Address: 5483 Colony Trace Ct
  • Address - House Number: 5483
  • Address - Street Name: Colony Trace
  • Address - Suffix Type: Ct
  • State: AL
  • City Name: Satsuma
  • Carrier Code: R003
  • 4-Digit Zip Code: 2409
  • Zip Code: 36572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,037

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 291,929
  • High Value: 330,561
  • Low Value: 253,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: TYNDALL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 20, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2038

    Market Valuation

  • Market Total Value: $180,800
  • Market Land Value: $35,000
  • Market Improvement Value: $145,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,080
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $14,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Transaction ID: 11916805493
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 68217
  • Previous Sale Recording Date: Aug 15, 2018
  • Previous Sale Contract Date: Aug 14, 2018
  • Previous Sale Amount: $153,295
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TYNDALL FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 20, 2023
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Aug 15, 2018
  • Previous Mortgage Loan Amount: $150,517
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Satsuma



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5483 Colony Trace Court located in?
The 5483 Colony Trace Court is a located in the neighborhood of Mobile in Satsuma, Satsuma.
What is the average sales price for listings in 5483 Colony Trace Court?
The average sales price for units in 5483 Colony Trace Court is $0 currently.

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