Sold Aug 14, 2023
$19,000
Buyer
Seller
$207,200
by Mortgage Research Center Llc
Mortgage Due Dec 01, 2050
Sold Nov 05, 2020
$200,000
Buyer
Seller
$207,200
by Mortgage Research Center Llc
Mortgage Due Dec 01, 2050
7850 Castlewood Way has been categorized by the local assessors in Mobile, AL as a residential type of property.
The building on the property was first built in 1978 and is 46 years old.
However, we must point out that the home was most recently renovated and altered in 2009.
The home has a total of 7 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, 7850 Castlewood Way has 2,023 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 43,560 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 carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open 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. There is a single fireplace in the home. Perfect for those wintery 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, 7850 Castlewood Way sold most recently in Aug 11, 2023 for a total of $19,000. If you work out the math, that's approximately a cost of $9.16 per sqft. Before that, the property was also sold for $200,000 in Nov 3, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,064 in taxes each year. 7850 Castlewood Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,830. If we break it down further, the land itself was valued at $2,500. Improvements to the property, however, were assessed at a total of $18,330. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.
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 carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open 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. There is a single fireplace in the home. Perfect for those wintery 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, 7850 Castlewood Way sold most recently in Aug 11, 2023 for a total of $19,000. If you work out the math, that's approximately a cost of $9.16 per sqft. Before that, the property was also sold for $200,000 in Nov 3, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,064 in taxes each year. 7850 Castlewood Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,830. If we break it down further, the land itself was valued at $2,500. Improvements to the property, however, were assessed at a total of $18,330. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.
Building Features
Exterior
Brick Exterior
Parking
Garage Parking
This property description is generated based on publicly available data.