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878 Butler Road

878 Butler Road, New Market, AL 35761
Property in Madison
Sold Jul 20, 2021
$1,437,000
$1,149,600 by South State Bank Na
Mortgage Due Aug 01, 2051
Local assessors in New Market, AL have categorized 878 Butler Road as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 422,532 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 878 Butler Road has a total of 7,540 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 2,400 sqft. There are 8 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 878 Butler Road sold most recently in Jul 15, 2021 for a total of $1,437,000. If you work out the math, that's approximately a cost of $190.58 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,782 in taxes each year. 878 Butler Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $133,140. If we break it down further, the land itself was valued at $9,900. Improvements to the property, however, were assessed at a total of $123,240. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 28
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 2,400
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 422,532
  • Total Building Area: 7,540
  • Building Area: 7,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 7,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 9.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 35 T1S R1E PART OF THE N 1/2 OF THE SE 1/4 OF SEC 35 DESC AS COM AT THE NE COR OF SD N 1/2 OF THE SE 1/4 TH W 2677.23 FT

Ownership

  • Current Owner : MOSELEY JOHN
  • Current Owner 2: MOSELEY SHANNON
  • Previous Owner : POWERS CARLOS R
  • Previous Owner 2: POWERS TINA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010101

Geography

  • Account Number: 572779
  • Parcel: 03-07-35-0-000-015.001
  • Meridian: SEC 35 TWN 01S RNG 01E
  • Municipality: COUNTY
  • Latitude: 34.907
  • Longitude: -86.486

    Address

  • Full Address: 878 Butler Rd
  • Address - House Number: 878
  • Address - Street Name: Butler
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: New Market
  • Carrier Code: R004
  • 4-Digit Zip Code: 9520
  • Zip Code: 35761

Valuation

    Tax

  • Total Area: 8,423
  • Tax Year: 2023
  • Tax Amount: $4,782

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 1,011,209
  • High Value: 1,205,912
  • Low Value: 816,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,149,600
  • First Open Lien Mortgage Lender: SOUTH STATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,149,600
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,331,200
  • Market Land Value: $99,000
  • Market Improvement Value: $1,232,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,140
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $123,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11845782588
  • Current Sale Price: $1,437,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00059331

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH STATE BANK NA
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $1,149,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Madison



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Nearby Rentals

Unit for rent at 996 New Market Road, New Market, AL, 35761

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,947 ft²
996 New Market Road, New Market, AL, 35761 Listing by Sid Pugh

Frequently Asked Questions

What neighborhood is 878 Butler Road located in?
The 878 Butler Road is a located in the neighborhood of Madison in Madison, New Market.
What is the average sales price for listings in 878 Butler Road?
The average sales price for units in 878 Butler Road is $0 currently.

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