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1403 East Olive Drive Southeast

1403 East Olive Drive Southeast, Huntsville, AL 35801
Property in Madison
Sold May 27, 2014
$240,000
$252,000 by Firstbank
Mortgage Due Oct 01, 2046
1403 East Olive Drive Southeast has been categorized by the local assessors in Huntsville, AL as a residential type of property. The building on the property was first built in 1960 and is 64 years old. Residents will have access to one full bathroom. 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, 1403 East Olive Drive Southeast has 1,689 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 2,030 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,299 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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, 1403 East Olive Drive Southeast sold most recently in May 27, 2014 for a total of $240,000. If you work out the math, that's approximately a cost of $142.10 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 $2,345 in taxes each year. 1403 East Olive Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,260. If we break it down further, the land itself was valued at $7,780. Improvements to the property, however, were assessed at a total of $33,480. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,299
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,689
  • Building Area: 1,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,689
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDY HILL 2ND ADD
  • Land Acres: 0.466
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 13 BLK 3 WINDY HILL 2ND ADD PB 1 PG 323

Ownership

  • Current Owner : WHITE CHARLES EDWARD
  • Current Owner 2: WHITE LINDA
  • Previous Owner : SCHOCK RICHARD W
  • Previous Owner 2: SCHOCK MARGARET M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 001700

Geography

  • Account Number: 437291
  • Parcel: 18-03-06-2-006-044.000
  • Block: 3
  • Lot: 13
  • Meridian: SEC 06 TWN 04S RNG 01E
  • Municipality: HUNTSVILLE
  • Latitude: 34.7212
  • Longitude: -86.5673

    Address

  • Full Address: 1403 E Olive Dr Se
  • Address - House Number: 1403
  • Street Segment Direction: SE
  • Street Direction: E
  • Address - Street Name: Olive
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Huntsville
  • Carrier Code: C015
  • 4-Digit Zip Code: 2616
  • Zip Code: 35801

Valuation

    Tax

  • Total Area: 2,947
  • Tax Year: 2023
  • Tax Amount: $2,345

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 503,524
  • High Value: 616,104
  • Low Value: 390,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Sep 23, 2016
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $412,400
  • Market Land Value: $77,700
  • Market Improvement Value: $334,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,260
  • Assessed Land Value: $7,780
  • Assessed Improvements Value: $33,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2014
  • Current Sale Recording Date: May 27, 2014
  • Current Sale Transaction ID: 1011303303
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20140527000277000

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: May 27, 2014
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 1403 East Olive Drive Southeast located in?
The 1403 East Olive Drive Southeast is a located in the neighborhood of Madison in Huntsville, Huntsville.
What is the average sales price for listings in 1403 East Olive Drive Southeast?
The average sales price for units in 1403 East Olive Drive Southeast is $0 currently.

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