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627 Loretta Drive

627 Loretta Drive, Birmingham, AL 35214
Property in Jefferson
Sold Jul 05, 2005
$137,900
$137,900 by Choice Capital Funding Inc
Mortgage Due Jul 01, 2035
Sold Apr 11, 2000
$74,500
Va
Seller
$74,500 by Veterans Admin
Mortgage Due May 01, 2030
Local assessors in Birmingham, AL have categorized 627 Loretta Drive as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 25,398 square feet. The linear feet between the front and back of the lot was measured at 2,490 ft and the front of the lot was measured at 1,020 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 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 627 Loretta Drive has a total of 1,382 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. 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. The building has a gable or hip style roof that was made of asphalt. Lots of wood 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 and it is being fueled with gas. 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, 627 Loretta Drive sold most recently in Jun 30, 2005 for a total of $137,900. If you work out the math, that's approximately a cost of $50.59 per sqft. Before that, the property was also sold for $74,500 in Mar 31, 2000. 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 $0 in taxes each year. 627 Loretta Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,120. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1984
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,344
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,398
  • Lot Size Depth Feet: 2,490
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,726
  • Gross Building Area: 2,726
  • Building Area: 1,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,382
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORESTDL TR 6 SEC 22-6-3
  • Land Acres: 0.583
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 FORESTDALE TRUST 6TH SECT 117/87

Ownership

  • Current Owner : HENDERSON SHAWN
  • Current Owner 2: HENDERSON WENONA
  • Previous Owner : WILLIAMS MONICA
  • Owner Before Previous Owner: VA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: Jun 03, 2022
  • Account Number: 283481
  • District: 002-0000
  • Parcel: 22-00-06-3-005-006.000
  • Lot: 8
  • Meridian: SEC 06 TWN 17S RNG 03W
  • Municipality: COUNTY-02
  • Latitude: 33.5858
  • Longitude: -86.8932

    Address

  • Full Address: 627 Loretta Dr
  • Address - House Number: 627
  • Address - Street Name: Loretta
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Birmingham
  • Carrier Code: R003
  • 4-Digit Zip Code: 1472
  • Zip Code: 35214

Valuation

    Tax

  • Total Area: 1,799
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 197,416
  • High Value: 242,480
  • Low Value: 152,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,900
  • First Open Lien Mortgage Lender: CHOICE CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 05, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $137,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $151,100
  • Market Land Value: $38,800
  • Market Improvement Value: $112,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,120

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2005
  • Current Sale Recording Date: Jul 05, 2005
  • Current Sale Transaction ID: 1000583313
  • Current Sale Price: $137,900
  • Current Sale Document Type: Survivorship Deed
  • Previous Sale Recording Date: Apr 11, 2000
  • Previous Sale Contract Date: Mar 31, 2000
  • Previous Sale Amount: $74,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHOICE CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jul 05, 2005
  • First Mortgage Loan Amount: $137,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS ADMIN
  • Previous Mortgage Transaction Date: Apr 11, 2000
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $74,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 01, 2030

About Forestdale



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Frequently Asked Questions

What neighborhood is 627 Loretta Drive located in?
The 627 Loretta Drive is a located in the neighborhood of Jefferson in Forestdale, Birmingham.
What is the average sales price for listings in 627 Loretta Drive?
The average sales price for units in 627 Loretta Drive is $0 currently.

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