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556 Larkin Lane

556 Larkin Lane, Montgomery, AL 36109
Property in Montgomery
Sold May 31, 2022
$135,300
$134,518 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2050
Sold May 15, 2020
$137,000
$134,518 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2050
Local assessors in Montgomery, AL have categorized 556 Larkin Lane as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 12,524 square feet. The linear feet between the front and back of the lot was measured at 1,398 ft and the front of the lot was measured at 900 ft. 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 556 Larkin Lane has a total of 1,965 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. 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 average. 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 - C-. The building has a gable or hip style roof that was made of shingle (not wood). 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. 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, 556 Larkin Lane sold most recently in May 31, 2022 for a total of $135,300. If you work out the math, that's approximately a cost of $68.85 per sqft. Before that, the property was also sold for $137,000 in May 15, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $747 in taxes each year. 556 Larkin Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,900. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $14,900. 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. 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.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C-
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,524
  • Lot Size Depth Feet: 1,398
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,965
  • Building Area: 1,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLEHURST EST ADD 3
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARRON LAWRENCE C
  • Current Owner 2: JOHNSON DEBORAH
  • Previous Owner : BARRON LAWRENCE C
  • Owner Before Previous Owner: INGRAM KATRINA WHEELER
  • Owner Before Previous Owner 2: WHEELER THOMAS YATES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 002700

Zoning

  • Zoning: R-75-S

Geography

  • Assessors Map Reference: MAP 21 PG 201
  • Account Number: 249250
  • District: 2
  • Parcel: 10-06-14-2-002-023.000
  • Block: A
  • Lot: 24
  • Meridian: SEC 14 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3713
  • Longitude: -86.2397

    Address

  • Full Address: 556 Larkin Ln
  • Address - House Number: 556
  • Address - Street Name: Larkin
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C092
  • 4-Digit Zip Code: 4612
  • Zip Code: 36109

Valuation

    Tax

  • Total Area: 2,004
  • Tax Year: 2023
  • Tax Amount: $747

    Appraisal Valuation

  • Standard Deviation: 0.3553
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 28
  • Final Value: 236,405
  • High Value: 320,411
  • Low Value: 152,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,518
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 15, 2020
  • First Open Lien Mortgage Loan Amount: $134,518
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $179,000
  • Market Land Value: $30,000
  • Market Improvement Value: $149,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,900
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $14,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11891498311
  • Current Sale Price: $135,300
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: May 15, 2020
  • Previous Mortgage Loan Amount: $134,518
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 556 Larkin Lane located in?
The 556 Larkin Lane is a located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 556 Larkin Lane?
The average sales price for units in 556 Larkin Lane is $0 currently.

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