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640 Olde Towne Lane

640 Olde Towne Lane, Alabaster, AL 35007
House in Shelby
Sold Dec 19, 2019
$207,000
$203,250 by Freedom Mortgage Corp
Mortgage Due Jan 01, 2050
Sold Jul 22, 2014
$178,900
$161,010 by Apco Employees Cu
Mortgage Due Jul 20, 2044
Local assessors in Alabaster, AL have categorized 640 Olde Towne Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 16,387 square feet. The linear feet between the front and back of the lot was measured at 1,821 ft and the front of the lot was measured at 900 ft. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 640 Olde Towne Lane has a total of 2,077 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. 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 roof that is made of shingle (not wood). Lots of wood were used in the construction of the exterior walls of the home. 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. 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, 640 Olde Towne Lane was last sold in Dec 13, 2019 for $207,000. According to our calculations, that's $99.66 per sqft. Prior to that sales transaction, the property was sold for $178,900 in Jul 16, 2014. Current property owners are expected to pay $1,326 in taxes per year. The property on 640 Olde Towne Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,320. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 648
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,387
  • Lot Size Depth Feet: 1,821
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,077
  • Building Area: 2,077
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLDE TOWNE FOREST
  • Land Acres: 0.376
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 35 20S 03W NBRHD: 02 HAMLET R-2

Ownership

  • Current Owner : YIM ANDREW
  • Current Owner 2: YIM HAYLEY J
  • Previous Owner : HUNT CHARLES LEIGH
  • Previous Owner 2: HUNT LAUREN MICHELLE
  • Owner Before Previous Owner: MCQUADE MARK S
  • Owner Before Previous Owner 2: MCQUADE STACY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alabaster City School District
  • School Tax School District: GM
  • Census Tract: 030319

Geography

  • Assessors Map Reference: MP 09 PG 133
  • District: 02
  • Parcel: 137353001002018
  • Lot: 35
  • Meridian: SEC 35 TWN 20S RNG 03W
  • Municipality: ALABASTER
  • Latitude: 33.2508
  • Longitude: -86.825

    Address

  • Full Address: 640 Olde Towne Ln
  • Address - House Number: 640
  • Address - Street Name: Olde Towne
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Alabaster
  • Carrier Code: R008
  • 4-Digit Zip Code: 9190
  • Zip Code: 35007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,326

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 301,138
  • High Value: 350,776
  • Low Value: 251,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,250
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 19, 2019
  • First Open Lien Mortgage Loan Amount: $203,250
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $253,070
  • Market Land Value: $65,000
  • Market Improvement Value: $188,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Transaction ID: 11711286640
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191218000469940
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Contract Date: Jul 16, 2014
  • Previous Sale Amount: $178,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 19, 2019
  • First Mortgage Loan Amount: $203,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: APCO EMPLOYEES CU
  • Previous Mortgage Transaction Date: Jul 22, 2014
  • Previous Mortgage Loan Amount: $161,010
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 20, 2044

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Frequently Asked Questions

What neighborhood is 640 Olde Towne Lane located in?
The 640 Olde Towne Lane is a house located in the neighborhood of Shelby in Alabaster, Alabaster.
What is the average sales price for listings in 640 Olde Towne Lane?
The average sales price for units in 640 Olde Towne Lane is $0 currently.

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