NOT LISTED FOR SALE

1516 Ridge Dr Sheffield, AL 35660

Estimated Value: $164,163 - $205,000

2 Beds
2 Baths
1,589 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2024

Last sale price $195,000 $123 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,026 / mo

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Porch

About This Home

As of March 2024

Are you looking for a gourmet kitchen with updated bathrooms and a detached garage? This is it! This home has 2 bedrooms and 2 baths. It has a living room that could easily be converted into a third bedroom. The roof is one year old. There is a detached garage with a covered patio attached. The kitchen features stainless appliances with a double oven and a huge refrigerator and freezer. There is quartz countertops and a huge bar for seating around the electric cooktop. Buyer to verify all information.

Last Agent to Sell the Property

Stacy Hughes

5:41 Realty License #000116841 Listed on: 02/16/2024

Last Buyer's Agent

Beverly Hardeman

Prime Properties Realty And Auction LLC License #000083037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70 x 110

Home Design

  • Shingle Roof

Interior Spaces

  • 1,589 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sheffield Elementary And Middle School
  • Sheffield High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sheffield Community
  • Sheffield Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-08-27-4-005-016.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$434

Year Built

Built in 1958

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1589
  • Built Before 1978 (Y/N): Yes
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 70 x 110
  • Multiple Level Y N: No
  • Sp Lp Percent: 85.15
  • Subdivision Name: Sheffield Heights
  • Agent Only_ L A1 User Code: S1109_1900513
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement YN: No
  • Flooring: Carpet
  • LivingArea: 1589
  • Price Per S Q F T: 122.72
  • Total Bedrooms: 2
  • FireplaceYN: No

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Central Unit
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Sheffield

Lot Info

  • Acres: 0.18
  • Parcel Num: 07-08-27-4-005-016.000

Building Info

  • Year Built: 1958
  • BuildingAreaTotal: 1589

Tax Info

  • Tax Annual Amount: 433.89

MLS Schools

  • Elementary School: Sheffield
  • Middle School: Sheffield
  • HighSchool: Sheffield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 19, 2024
Sold by
Mcdaniel Paula R
Bought by
Richardson Lee A
Seller's Agent
Stacy Hughes
5:41 Realty
Buyer's Agent
Beverly Hardeman
Prime Properties Realty And Auction LLC
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Views
19
Current Estimated Value
$180,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,459
Avg. Annual Appreciation
-3.64%
Original Mortgage
$199,192
Outstanding Balance
$195,620
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
-$15,079

Purchase Details

Closed on
Jul 29, 2019
Sold by
Mcdaniel Thomase E
Bought by
Mcdaniel Paula R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Lee A $195,000 Attorney Only
Mcdaniel Paula R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Lee A $199,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $195,000 -14.8% $123 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $229,000 -- $144 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $812 $16,600 $700 $15,900
2024 $812 $10,040 $700 $9,340
2023 $474 $10,040 $0 $0
2022 $434 $9,260 $0 $0
2021 $393 $8,460 $0 $0
2020 $356 $7,740 $0 $0
2019 $396 $7,740 $0 $0
2018 $419 $8,140 $0 $0
2017 $350 $6,800 $0 $0
2016 $350 $6,800 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 515005

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 07-08-27-4-005-016.000

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