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5554 Bridle Way

5554 Bridle Way, Bessemer, AL 35022
Property in Jefferson
Sold Nov 16, 2020
$275,000
$266,720 by Southpoint Bank
Mortgage Due Jan 01, 2050
Sold Jun 05, 2018
$238,557
$238,000 by Prime Lending
Mortgage Due Jun 01, 2048
Local assessors in Bessemer, AL have categorized 5554 Bridle Way as a residential type of property. The home was built in 2018 and is 6 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 21,499 square feet. The linear feet between the front and back of the lot was measured at 1,615 ft and the front of the lot was measured at 742 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 5554 Bridle Way has a total of 2,289 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 650 sqft. Do you like to entertain? The home has a open porch 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 excellent. 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 central 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. The property was last sold in Nov 6, 2020 for $275,000. That's $120.14 per sqft. Prior to that sales transaction, the property was also sold in May 25, 2018 for $238,557. 5554 Bridle Way was last assessed in 2022. The total value of the property was assessed at $30,580. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,034. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Excellent
  • 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: 650
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,499
  • Lot Size Depth Feet: 1,615
  • Lot Size Frontage Feet: 742
  • Total Building Area: 2,289
  • Gross Building Area: 2,289
  • Building Area: 2,289
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,289
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CEDAR CREEK PHASE 1
  • Land Acres: 0.493
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 CEDAR CREEK PH I PB 44 PG 98

Ownership

  • Current Owner : PRITCHETT ZAKIYA
  • Previous Owner : TAYLOR SAMUEL
  • Owner Before Previous Owner: VALOR COMMUNITIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bessemer City School District
  • Census Tract: 014105

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 82616
  • District: 052-0000
  • Parcel: 38-00-31-2-000-010.026
  • Lot: 31
  • Meridian: SEC 31 TWN 19S RNG 04W
  • Municipality: BESSEMER
  • Latitude: 33.3477
  • Longitude: -87.0011

    Address

  • Full Address: 5554 Bridle Way
  • Address - House Number: 5554
  • Address - Street Name: Bridle
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Bessemer
  • Carrier Code: R010
  • 4-Digit Zip Code: 8610
  • Zip Code: 35022

Valuation

    Tax

  • Total Area: 2,705
  • Tax Year: 2022
  • Tax Amount: $2,034
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 340,446
  • High Value: 419,241
  • Low Value: 261,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,720
  • First Open Lien Mortgage Lender: SOUTHPOINT BANK
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $266,720
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $305,700
  • Market Land Value: $44,000
  • Market Improvement Value: $261,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,580

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11802506146
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020131162
  • Previous Sale Recording Date: Jun 05, 2018
  • Previous Sale Contract Date: May 25, 2018
  • Previous Sale Amount: $238,557
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHPOINT BANK
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $266,720
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIME LENDING
  • Previous Mortgage Transaction Date: Jun 05, 2018
  • Previous Mortgage Loan Amount: $238,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Bessemer



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Frequently Asked Questions

What neighborhood is 5554 Bridle Way located in?
The 5554 Bridle Way is a located in the neighborhood of Jefferson in Bessemer, Bessemer.
What is the average sales price for listings in 5554 Bridle Way?
The average sales price for units in 5554 Bridle Way is $0 currently.

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