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530 Cotton Terrace Loop

530 Cotton Terrace Loop, Deatsville, AL 36022
Property in Elmore
Sold Jun 29, 2020
$198,476
$200,480 by Trustmark National Bank
Mortgage Due Jul 01, 2050
Local assessors in Deatsville, AL have categorized 530 Cotton Terrace Loop as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 16,988 square feet. The linear feet between the front and back of the lot was measured at 2,044 ft and the front of the lot was measured at 607 ft. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 530 Cotton Terrace Loop has a total of 2,023 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 attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 530 Cotton Terrace Loop was last sold in Jun 26, 2020 for $198,476. According to our calculations, that's $98.11 per sqft. Current property owners are expected to pay $631 in taxes per year. The property on 530 Cotton Terrace Loop was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,950. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $21,950. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • 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 Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 2,044
  • Lot Size Frontage Feet: 607
  • Total Building Area: 2,023
  • Building Area: 2,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,023
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTON TERRACE SUBDIVISION PLAT 2B
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 35 COTTON TERRACE SUBDIVISION PLAT 2B PB 17 PG 39

Ownership

  • Current Owner : GOTHARD TIMOTHY TREY
  • Current Owner 2: GOTHARD KAYLEE REBEKAH
  • Previous Owner : GOODWYN BUILDING CO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elmore County School District
  • School Tax School District: 0A
  • Census Tract: 030901

Geography

  • Assessors Map Reference: PB 17 PG 39
  • District: 1
  • Parcel: 14-09-31-0-000-014.067
  • Lot: 35
  • Meridian: SEC 31 TWN 19N RNG 17E
  • Municipality: COUNTY
  • Latitude: 32.5835
  • Longitude: -86.4091

    Address

  • Full Address: 530 Cotton Terrace Loop
  • Address - House Number: 530
  • Address - Street Name: Cotton Terrace
  • Address - Suffix Type: Loop
  • State: AL
  • City Name: Deatsville
  • Carrier Code: R009
  • 4-Digit Zip Code: 2688
  • Zip Code: 36022

Valuation

    Tax

  • Total Area: 2,023
  • Tax Year: 2023
  • Tax Amount: $631

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 269,040
  • High Value: 328,986
  • Low Value: 209,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,480
  • First Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $200,480
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $249,500
  • Market Land Value: $30,000
  • Market Improvement Value: $219,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,950
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $21,950

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11771803914
  • Current Sale Price: $198,476
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $200,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Deatsville



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Frequently Asked Questions

What neighborhood is 530 Cotton Terrace Loop located in?
The 530 Cotton Terrace Loop is a located in the neighborhood of Elmore in Deatsville, Deatsville.
What is the average sales price for listings in 530 Cotton Terrace Loop?
The average sales price for units in 530 Cotton Terrace Loop is $0 currently.

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