5501 Old Montgomery Hwy Tuscaloosa, AL 35405
Estimated Value: $33,924,146
20
Beds
1
Bath
5,377
Sq Ft
$6,309/Sq Ft
Est. Value
About This Home
This home is located at 5501 Old Montgomery Hwy, Tuscaloosa, AL 35405 and is currently priced at $33,924,146, approximately $6,309 per square foot. 5501 Old Montgomery Hwy is a home located in Tuscaloosa County with nearby schools including Southview Elementary School, Eastwood Middle School, and Paul W. Bryant High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2019
Sold by
Crei Tuscaloosa Llc
Bought by
Forestdale W99 Lap Llc
Current Estimated Value
Purchase Details
Closed on
Jan 18, 2018
Sold by
Tnhyif Reiv Foxtrot Llc
Bought by
Crei Tuscaloosa Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,694,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 11, 2006
Sold by
Brittain Landing Multifami
Bought by
Williams James and Williams Doris G
Purchase Details
Closed on
Jun 14, 2005
Sold by
Park 2 Llc
Bought by
Brittain Landing Multifamily L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forestdale W99 Lap Llc | $24,420,000 | -- | |
| Crei Tuscaloosa Llc | $7,500,000 | -- | |
| Williams James | $5,000 | -- | |
| Brittain Landing Multifamily L | $720,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Crei Tuscaloosa Llc | $13,694,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $238,596 | $5,269,860 | $176,000 | $5,093,860 |
| 2023 | $222,988 | $5,327,480 | $176,000 | $5,151,480 |
| 2022 | $222,988 | $4,329,860 | $0 | $0 |
| 2021 | $222,988 | $4,329,860 | $0 | $0 |
| 2020 | $76,095 | $1,477,580 | $120,000 | $1,357,580 |
| 2019 | $76,095 | $1,477,580 | $120,000 | $1,357,580 |
| 2018 | $69,144 | $1,342,600 | $120,000 | $1,222,600 |
| 2017 | $69,144 | $0 | $0 | $0 |
| 2016 | $103,000 | $0 | $0 | $0 |
| 2015 | $103,000 | $0 | $0 | $0 |
| 2014 | $133,733 | $2,596,760 | $120,000 | $2,476,760 |
Source: Public Records
Map
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