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743 Cambridge Lane

743 Cambridge Lane, Tuscaloosa, AL 35406
Property in Tuscaloosa
Sold Jul 31, 2020
$369,900
Buyer
$269,900 by Regions Bank
Mortgage Due Jan 01, 2035
Sold Aug 21, 2013
$31,000
$278,910
Mortgage
743 Cambridge Lane has been categorized by the local assessors in Tuscaloosa, AL as a residential type of property. The building on the property was first built in 2013 and is 11 years old. However, we must point out that the home was most recently renovated and altered in 2014. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. 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, 743 Cambridge Lane has 2,013 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 6,000 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 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable or hip style roof made of shingle (not wood). 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 27, 2020 for $369,900. That's $183.76 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2013 for $31,000. 743 Cambridge Lane was last assessed in 2023. The total value of the property was assessed at $70,640. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $55,640. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,658. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2014
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,013
  • Building Area: 2,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,013
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOWNES OF NORTHRIVER
  • Land Acres: 0.137
  • Standard Land Use Code: Garden home
  • Legal Description 1: LOT 53 TOWNES OF NORTHRIVER

Ownership

  • Current Owner : BAKER DREW
  • Previous Owner : BAKER THOMAS L
  • Owner Before Previous Owner: THE BUILDERS GRP OF WEST A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tuscaloosa City School District
  • Census Tract: 010405

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: BK 2006 PG 257
  • Account Number: 87836
  • District: 1
  • Parcel: 20-07-36-1-001-001.005
  • Lot: 53
  • Meridian: SEC 36 TWN 20S RNG 10W
  • Municipality: COUNTY NORTH
  • Latitude: 33.27
  • Longitude: -87.5271

    Address

  • Full Address: 743 Cambridge Ln
  • Address - House Number: 743
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Tuscaloosa
  • Carrier Code: R821
  • 4-Digit Zip Code: 2839
  • Zip Code: 35406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,658

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 472,890
  • High Value: 579,928
  • Low Value: 365,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,900
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $269,900
  • First Open Lien Mortgage Term: 173
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $353,200
  • Market Land Value: $75,000
  • Market Improvement Value: $278,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,640
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $55,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11777824013
  • Current Sale Price: $369,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 21, 2013
  • Previous Sale Contract Date: Aug 20, 2013
  • Previous Sale Amount: $31,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $269,900
  • First Mortgage Terms: 173
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 21, 2013
  • Previous Mortgage Loan Amount: $278,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Tuscaloosa



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Frequently Asked Questions

What neighborhood is 743 Cambridge Lane located in?
The 743 Cambridge Lane is a located in the neighborhood of Tuscaloosa in Tuscaloosa, Tuscaloosa.
What is the average sales price for listings in 743 Cambridge Lane?
The average sales price for units in 743 Cambridge Lane is $0 currently.

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