7518 Spencer Lane

7518 Spencer Lane has been categorized by the local assessors in Helena, AL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2005. 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, 7518 Spencer Lane has 1,175 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,102 ft and across the front of the lot is 240 ft. The area measurement of the land has been determined as 2,644 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 average. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. 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. 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, 7518 Spencer Lane was last sold in Mar 10, 2021 for $150,000. According to our calculations, that's $127.66 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Jul 30, 2014. Current property owners are expected to pay $779 in taxes per year. The property on 7518 Spencer Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,740. 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. 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.