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5819 Lotus Circle

5819 Lotus Circle, Montgomery, AL 36116
House in Montgomery
Sold May 07, 2020
$248,000
$290,300 by Clearpath Lending
Mortgage Due Nov 01, 2052
Sold Jun 13, 2007
$305,000
5819 Lotus Circle has been categorized by the local assessors in Montgomery, AL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5819 Lotus Circle has 2,399 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 128 ft and across the front of the lot is 571 ft. The area measurement of the land has been determined as 11,617 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 612 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 5819 Lotus Circle sold most recently in Apr 22, 2020 for a total of $248,000. If you work out the math, that's approximately a cost of $103.38 per sqft. Before that, the property was also sold for $305,000 in Jun 7, 2007. 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 $1,363 in taxes each year. 5819 Lotus Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,740. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $23,740. 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.

Building Features

Exterior

Stone Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 612
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,617
  • Lot Size Depth Feet: 128
  • Lot Size Frontage Feet: 571
  • Total Building Area: 2,399
  • Building Area: 2,399
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,399
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAGESTONE AT TAYLOR LAKES 2 CORR
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORR

Ownership

  • Current Owner : FORTE BRUCE
  • Previous Owner : SAVARESE STEVE
  • Previous Owner 2: SAVARESE BETH
  • Owner Before Previous Owner: J F THOMAS & SONS CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 005609

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 50 PG 12
  • Account Number: 297084
  • District: 2
  • Parcel: 16-03-06-3-000-006.030
  • Block: B
  • Lot: 19
  • Meridian: SEC 06 TWN 15N RNG 19E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.303
  • Longitude: -86.1972

    Address

  • Full Address: 5819 Lotus Cir
  • Address - House Number: 5819
  • Address - Street Name: Lotus
  • Address - Suffix Type: Cir
  • State: AL
  • City Name: Montgomery
  • Carrier Code: R033
  • 4-Digit Zip Code: 6537
  • Zip Code: 36116

Valuation

    Tax

  • Total Area: 2,847
  • Tax Year: 2023
  • Tax Amount: $1,363

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 323,661
  • High Value: 412,741
  • Low Value: 234,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,300
  • First Open Lien Mortgage Lender: CLEARPATH LENDING
  • First Open Lien Mortgage Recording Date: Oct 25, 2022
  • First Open Lien Mortgage Loan Amount: $290,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $287,400
  • Market Land Value: $50,000
  • Market Improvement Value: $237,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,740
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $23,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Transaction ID: 11760947224
  • Current Sale Price: $248,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 13, 2007
  • Previous Sale Contract Date: Jun 07, 2007
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALABAMA HOME MORTGAGE LOANS IN
  • First Mortgage Transaction Date: May 07, 2020
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

About Montgomery



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Frequently Asked Questions

What neighborhood is 5819 Lotus Circle located in?
The 5819 Lotus Circle is a house located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 5819 Lotus Circle?
The average sales price for units in 5819 Lotus Circle is $0 currently.

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