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7072 Meadow Way Lane Southeast

7072 Meadow Way Lane Southeast, Owens Cross Roads, AL 35763
Sold Nov 17, 2022
$400,000
$340,000 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2052
Sold Apr 22, 2021
$354,700
$336,965 by Alabama Telco Cu
Mortgage Due May 01, 2051
7072 Meadow Way Lane Southeast in Owens Cross Roads, AL was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7072 Meadow Way Lane Southeast has 1,990 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 10,759 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 unknown. 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, 7072 Meadow Way Lane Southeast sold most recently in Nov 16, 2022 for a total of $400,000. If you work out the math, that's approximately a cost of $201.01 per sqft. Before that, the property was also sold for $354,700 in Apr 21, 2021. 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 $1,995 in taxes each year. 7072 Meadow Way Lane Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,220. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $27,720. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Excellent
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,759
  • Total Building Area: 1,990
  • Building Area: 1,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,990
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RETREAT AT GOOSE CREEK
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 RETREAT AT GOOSE CREEK PHASE 1 PB # 20170825000498940

Ownership

  • Current Owner : LOZANO AARON
  • Current Owner 2: LOZANO WHITNEY
  • Previous Owner : STAMOS TIMOTHY DAVID
  • Previous Owner 2: STAMOS AUTUMN R
  • Owner Before Previous Owner: STONERIDGE HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011301

Geography

  • Account Number: 568612
  • Parcel: 22-03-06-0-000-035.004
  • Lot: 4
  • Meridian: SEC 06 TWN 05S RNG 02E
  • Municipality: HUNTSVILLE
  • Latitude: 34.6262
  • Longitude: -86.4499

    Address

  • Full Address: 7072 Meadow Way Ln
  • Address - House Number: 7072
  • Address - Street Name: Meadow Way
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Owens Cross Roads
  • Carrier Code: R012
  • 4-Digit Zip Code: 6800
  • Zip Code: 35763

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,995

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 407,103
  • High Value: 506,146
  • Low Value: 308,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2022
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $352,100
  • Market Land Value: $75,000
  • Market Improvement Value: $277,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,220
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $27,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Transaction ID: 11899019506
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 22, 2021
  • Previous Sale Contract Date: Apr 21, 2021
  • Previous Sale Amount: $354,700
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALABAMA TELCO CU
  • Previous Mortgage Transaction Date: Apr 22, 2021
  • Previous Mortgage Loan Amount: $336,965
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About The Meadows at Hampton Cove



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Frequently Asked Questions

What neighborhood is 7072 Meadow Way Lane Southeast located in?
The 7072 Meadow Way Lane Southeast is a located in the neighborhood of The Meadows at Hampton Cove in The Meadows at Hampton Cove, Owens Cross Roads.
What is the average sales price for listings in 7072 Meadow Way Lane Southeast?
The average sales price for units in 7072 Meadow Way Lane Southeast is $0 currently.

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