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8600 Lantern Way

8600 Lantern Way, Montgomery, AL 36116
Property in Montgomery
Sold Sep 18, 2017
$285,000
$255,000 by Home Point Financial Corporati
Mortgage Due Feb 01, 2052
Sold Apr 20, 2004
$260,000
$200,000 by Real Estate Funding Corp
Mortgage Due May 01, 2019
8600 Lantern Way has been categorized by the local assessors in Montgomery, AL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 8600 Lantern Way has 2,364 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 1,260 ft and across the front of the lot is 442 ft. The area measurement of the land has been determined as 10,812 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 572 sqft. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ 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 unknown. 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. 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, 8600 Lantern Way was last sold in Sep 15, 2017 for $285,000. According to our calculations, that's $120.56 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Apr 16, 2004. Current property owners are expected to pay $1,517 in taxes per year. The property on 8600 Lantern Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,920. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $26,920. 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.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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 572
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,812
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 442
  • Total Building Area: 2,364
  • Building Area: 2,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STURBRIDGE COTTAGES 1 CORR OF CORR
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORRIS JEFFREY B
  • Current Owner 2: MORRIS ARLETTE J
  • Previous Owner : WADE LINDA
  • Previous Owner 2: WADE HARRY
  • Owner Before Previous Owner: IREDALE WILLIAM J
  • Owner Before Previous Owner 2: IREDALE NANCY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 005611

Zoning

  • Zoning: PGH-35

Geography

  • Assessors Map Reference: MAP 46 PG 108
  • Account Number: 221688
  • District: 2
  • Parcel: 09-08-28-3-000-108.000
  • Block: A
  • Lot: 40
  • Meridian: SEC 28 TWN 16N RNG 19E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3371
  • Longitude: -86.1682

    Address

  • Full Address: 8600 Lantern Way
  • Address - House Number: 8600
  • Address - Street Name: Lantern
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Montgomery
  • Carrier Code: R034
  • 4-Digit Zip Code: 6633
  • Zip Code: 36116

Valuation

    Tax

  • Total Area: 2,836
  • Tax Year: 2023
  • Tax Amount: $1,517

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 348,396
  • High Value: 444,285
  • Low Value: 252,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Feb 17, 2022
  • First Open Lien Mortgage Loan Amount: $255,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $319,200
  • Market Land Value: $50,000
  • Market Improvement Value: $269,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,920
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $26,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Transaction ID: 11291876183
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5015-0228
  • Previous Sale Recording Date: Apr 20, 2004
  • Previous Sale Contract Date: Apr 16, 2004
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Sep 18, 2017
  • First Mortgage Loan Amount: $274,049
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: REAL ESTATE FUNDING CORP
  • Previous Mortgage Transaction Date: Apr 20, 2004
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2019

About Montgomery



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Nearby Rentals

Unit for rent at

$1,375 /mo

  • 2 Beds
  • 2 Baths
  • 1,232 ft²
Listing by Manager
Unit for rent at

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,496 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 8600 Lantern Way located in?
The 8600 Lantern Way is a located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 8600 Lantern Way?
The average sales price for units in 8600 Lantern Way is $0 currently.

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