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3240 Gatsby Lane

3240 Gatsby Lane, Montgomery, AL 36106
Property in Hillwood
Sold Nov 09, 2005
Transfer
$129,600 by Mortgage Corporation Of The So
Mortgage Due Mar 01, 2052
3240 Gatsby Lane in Montgomery, AL was first built in 1988 and is 36 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3240 Gatsby Lane has 1,919 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. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,619. In total, the area measurement of the land is 6,987 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 shingle (not wood). For those who need parking, there is a carport. The garage is 273 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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. Tax-wise, the current owner is expected to pay close to $811 in taxes each year. 3240 Gatsby Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,350. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $14,350. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 273
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,987
  • Lot Size Depth Feet: 1,619
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,919
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLWOOD WEST 6 REPLAT
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT REPLAT OF LOTS 2 3 & 4 OF REPLAT OF UNITS 4 & 5 1005164012006000

Ownership

  • Current Owner : KALONJI JAMAAL
  • Previous Owner : WALLS CLAY ALAN
  • Previous Owner 2: WALLS PEGGY S
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 003301

Zoning

  • Zoning: R-24-T

Geography

  • Assessors Map Reference: MAP 35 PG 231
  • Account Number: 246179
  • District: 2
  • Parcel: 10-05-16-4-012-006.000
  • Block: 4
  • Lot: 4A
  • Meridian: SEC 16 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3604
  • Longitude: -86.2611

    Address

  • Full Address: 3240 Gatsby Ln
  • Legal Unit: S 4
  • Address - House Number: 3240
  • Address - Street Name: Gatsby
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C086
  • 4-Digit Zip Code: 2668
  • Zip Code: 36106

Valuation

    Tax

  • Total Area: 2,069
  • Tax Year: 2023
  • Tax Amount: $811

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 61
  • Final Value: 192,131
  • High Value: 243,590
  • Low Value: 140,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,600
  • First Open Lien Mortgage Lender: MORTGAGE CORPORATION OF THE SO
  • First Open Lien Mortgage Recording Date: Mar 02, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $129,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $173,500
  • Market Land Value: $30,000
  • Market Improvement Value: $143,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,350
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $14,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2005
  • Current Sale Recording Date: Nov 09, 2005
  • Current Sale Transaction ID: 1000611346
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEIT INC
  • First Mortgage Transaction Date: Nov 09, 2005
  • First Mortgage Loan Amount: $124,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Nov 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Hillwood



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Frequently Asked Questions

What neighborhood is 3240 Gatsby Lane located in?
The 3240 Gatsby Lane is a located in the neighborhood of Hillwood in Hillwood, Montgomery.
What is the average sales price for listings in 3240 Gatsby Lane?
The average sales price for units in 3240 Gatsby Lane is $0 currently.

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