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5505 Northwood Lake Drive East

5505 Northwood Lake Drive East, Northport, AL 35473
Property in Tuscaloosa
Sold Mar 29, 2022
$246,000
$241,544 by Movement Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Jul 31, 2018
$175,000
$175,000 by Renasant Bank
Mortgage Due Aug 01, 2048
5505 Northwood Lake Drive East in Northport, AL was first built in 1970 and is 54 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5505 Northwood Lake Drive East has 1,830 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. The linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 1,590. In total, the area measurement of the land is 19,080 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 shingle (not wood). 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. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as poor. The exterior walls of the home are made of brick. 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. 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, 5505 Northwood Lake Drive East was last sold in Mar 25, 2022 for $246,000. According to our calculations, that's $134.43 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Jul 31, 2018. Current property owners are expected to pay $637 in taxes per year. The property on 5505 Northwood Lake Drive East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,480. To break that down further, the land itself was valued at $1,980. While improvements to the property were assessed at a total of $33,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1970
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: D+
  • 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: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,080
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD 12 SUBD
  • Land Acres: 0.438
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: LOT 91 IN NORTHWOOD 12 SUBD SECTOR 5

Ownership

  • Current Owner : HARRISON DEMARQUIS ARMAND
  • Previous Owner : ALLEN MATTHEW J
  • Owner Before Previous Owner: QUARLES JOHN A
  • 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 11 PG 31
  • Account Number: 98306
  • District: 5
  • Parcel: 20-08-33-4-004-005.000
  • Lot: 91
  • Meridian: SEC 33 TWN 20S RNG 10W
  • Municipality: NORTHPORT
  • Latitude: 33.261
  • Longitude: -87.5796

    Address

  • Full Address: 5505 Northwood Lake Dr E
  • Address - House Number: 5505
  • Street Segment Direction: E
  • Address - Street Name: Northwood Lake
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Northport
  • Carrier Code: C004
  • 4-Digit Zip Code: 1566
  • Zip Code: 35473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $637

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 205,726
  • High Value: 300,004
  • Low Value: 111,447

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $251,384
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $241,544
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Apr 14, 2022
  • Second Open Lien Mortgage Loan Amount: $9,840
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2032

    Market Valuation

  • Market Total Value: $177,400
  • Market Land Value: $9,900
  • Market Improvement Value: $167,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,480
  • Assessed Land Value: $1,980
  • Assessed Improvements Value: $33,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Transaction ID: 11884107457
  • Current Sale Price: $246,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 31, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 29, 2022
  • First Mortgage Loan Amount: $241,544
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2052
  • Second Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Second Mortgage Transaction Date: Mar 29, 2022
  • Second Mortgage Loan Amount: $9,840
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Apr 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Jul 31, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Northport



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Frequently Asked Questions

What neighborhood is 5505 Northwood Lake Drive East located in?
The 5505 Northwood Lake Drive East is a located in the neighborhood of Tuscaloosa in Northport, Northport.
What is the average sales price for listings in 5505 Northwood Lake Drive East?
The average sales price for units in 5505 Northwood Lake Drive East is $0 currently.

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