7005 Southgate Drive

7005 Southgate Drive in Owens Cross Roads, AL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7005 Southgate Drive has 2,879 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,375 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7005 Southgate Drive sold most recently in Jul 21, 2022 for a total of $500,000. If you work out the math, that's approximately a cost of $173.67 per sqft. Before that, the property was also sold for $36,000 in May 23, 2008. 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 $2,409 in taxes each year. 7005 Southgate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,360. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $35,360. 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.