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7689 Penny Lane

7689 Penny Lane, Irvington, AL 36544
Property in Mobile
Sold Aug 04, 2022
$63,000
$86,968 by Primelending
Mortgage Due Sep 01, 2052
Sold Jun 10, 2016
$60,000
$60,000 by Haward W Mckay Etal
Mortgage Due May 01, 2026
7689 Penny Lane in Irvington, AL was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7689 Penny Lane has 1,187 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 43,560 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. 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. 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, 7689 Penny Lane was last sold in Aug 3, 2022 for $63,000. According to our calculations, that's $40.05 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Jun 1, 2016. Current property owners are expected to pay $718 in taxes per year. The property on 7689 Penny Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,260. To break that down further, the land itself was valued at $2,600. While improvements to the property were assessed at a total of $10,660. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1974
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,573
  • Building Area: 1,573
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARK IV ESTS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 33 MARK IV ESTS UNIT 2 MBK 23 P 67 #SEC 18 T7S R2W #MP43 04 18 0 000

Ownership

  • Current Owner : HAROLD KAREN L
  • Current Owner 2: HAROLD RICHARD G
  • Previous Owner : ROBERT BARBER CHARLES
  • Previous Owner 2: ROBERT KAYLA
  • Owner Before Previous Owner: MCKAY HOWARD W
  • Owner Before Previous Owner 2: MCKAY FRANCES E

Neighborhood

  • School District Name: Mobile County School District
  • Census Tract: 007201

Geography

  • Account Number: 01306713
  • Parcel: 43 04 18 0 000 119.XXX
  • Lot: 33
  • Meridian: SEC 18 TWN 7S RNG 2W
  • Municipality: COUNTY
  • Latitude: 30.4299
  • Longitude: -88.2225

    Address

  • Full Address: 7689 Penny Ln
  • Legal Unit: 2
  • Address - House Number: 7689
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Irvington
  • Carrier Code: R001
  • 4-Digit Zip Code: 4003
  • Zip Code: 36544

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $718

    Appraisal Valuation

  • Standard Deviation: 0.483
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 3
  • Final Value: 143,220
  • High Value: 212,401
  • Low Value: 74,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,968
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Aug 04, 2022
  • First Open Lien Mortgage Loan Amount: $86,968
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $66,300
  • Market Land Value: $13,000
  • Market Improvement Value: $53,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,260
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $10,660

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11893715572
  • Current Sale Price: $63,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51714
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 04, 2022
  • First Mortgage Loan Amount: $86,968
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HAWARD W MCKAY ETAL
  • Previous Mortgage Transaction Date: Jun 10, 2016
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 01, 2026

About Mobile



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Frequently Asked Questions

What neighborhood is 7689 Penny Lane located in?
The 7689 Penny Lane is a located in the neighborhood of Mobile in Mobile, Irvington.
What is the average sales price for listings in 7689 Penny Lane?
The average sales price for units in 7689 Penny Lane is $0 currently.

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