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7368 School House Lane

7368 School House Lane, Wilmer, AL 36587
Property in Mobile
Sold May 14, 2014
$160,200
Seller
$138,703 by Countrywide Bank Fsb
Mortgage Due Dec 01, 2037
Sold Nov 08, 2007
$139,300
$138,703 by Countrywide Bank Fsb
Mortgage Due Dec 01, 2037
7368 School House Lane has been categorized by the local assessors in Wilmer, AL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7368 School House Lane has 1,820 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,814 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 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. 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. 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, 7368 School House Lane was last sold in Apr 30, 2014 for $160,200. According to our calculations, that's $74.30 per sqft. Prior to that sales transaction, the property was sold for $139,300 in Nov 1, 2007. Current property owners are expected to pay $769 in taxes per year. The property on 7368 School House Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,190. To break that down further, the land itself was valued at $2,500. While improvements to the property were assessed at a total of $13,690. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,814
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,156
  • Gross Building Area: 2,464
  • Building Area: 2,156
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEARSON PLACE
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 PEARSON PLACE MBK 111 PG 98 #SEC 26 T2S R4W #MP16 07 26 0 000

Ownership

  • Current Owner : PIERCE MATTHEW
  • Previous Owner : SMITH DENA
  • Owner Before Previous Owner: BENCHMARK HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 006201

Geography

  • Account Number: 03555110
  • Parcel: 16 07 26 0 000 008.002
  • Lot: 16
  • Meridian: SEC 26 TWN 2S RNG 4W
  • Municipality: COUNTY
  • Latitude: 30.845
  • Longitude: -88.3485

    Address

  • Full Address: 7368 School House Ln
  • Address - House Number: 7368
  • Address - Street Name: School House
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Wilmer
  • Carrier Code: R006
  • 4-Digit Zip Code: 7475
  • Zip Code: 36587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 231,565
  • High Value: 343,421
  • Low Value: 119,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,703
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 08, 2007
  • First Open Lien Mortgage Loan Amount: $138,703
  • 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: Dec 01, 2037

    Market Valuation

  • Market Total Value: $161,900
  • Market Land Value: $25,000
  • Market Improvement Value: $136,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,190
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $13,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2014
  • Current Sale Recording Date: May 14, 2014
  • Current Sale Transaction ID: 1424552816
  • Current Sale Price: $160,200
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2014024330
  • Previous Sale Recording Date: Nov 08, 2007
  • Previous Sale Contract Date: Nov 01, 2007
  • Previous Sale Amount: $139,300
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Nov 08, 2007
  • Previous Mortgage Loan Amount: $138,703
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Mobile



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Frequently Asked Questions

What neighborhood is 7368 School House Lane located in?
The 7368 School House Lane is a located in the neighborhood of Mobile in Mobile, Wilmer.
What is the average sales price for listings in 7368 School House Lane?
The average sales price for units in 7368 School House Lane is $0 currently.

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