Build your dream home in this lovely Midtown neighborhood. This gated community has 24 hr. security, tennis courts, pool and exercise room, ponds, walking trails and more. Go to www.lockwoodmontgomery.com for more information.
Property Details
Property Features
Listing Office:
Office Name: Reid & Davis Realtors, LLC.
Office Phone: (334) 244-0550
Listing Agent: William F. Davis
Lot Features
Lot Information:
Lot: City Lot
Lot Size: 0.27 Acres
Other
Directions Information:
Directions: TURN OFF OF NARROW LANE ROAD INTO LOCKWOOD. GUARD WILL DIRECT YOU.
Price Information
Listing Price Info
Price Summary:
List Price: $25,000
HOA Fees:
Amount: $171
Frequency: Monthly
Tax Information:
Annual Amount: $219
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Montgomery, AL.
This property is $154.9K less than the Median Sold Price in Montgomery, AL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MAAOR
MLS Number: #565276
Listing Office:
Office Name: Reid & Davis Realtors, LLC.
Office Phone: (334) 244-0550
Listing Agent: William F. Davis
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$219
$6,000
2019
$219
$6,000
2018
$219
$6,000
2017
$241
$6,600
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$363
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$171
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Bear Exploration Center
2525 Churchill Dr
Distance between this listing and this school0.51 miles
Public Magnet Grades KG-5
1
/10
Dannelly Elementary School
3425 Carter Hill Rd
Distance between this listing and this school1.16 miles
Public District Grades PK-5
10
/10
Forest Avenue Elementary School
1700 W 5th St
Distance between this listing and this school1.44 miles
Public Magnet Grades KG-5
Nearby Schools
9
/10
Floyd Middle School
3444 Le Bron Rd
Distance between this listing and this school0.99 miles
Public Magnet Grades 6-8
1
/10
Bellingrath Middle School
3350 S Court St
Distance between this listing and this school1.86 miles
Public District Grades 6-8
10
/10
Baldwin Art and Academics Magnet
410 S McDonough St
Distance between this listing and this school2.72 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Jefferson Davis High School
3420 Carter Hill Rd
Distance between this listing and this school0.98 miles
Public District Grades 9-12
10
/10
Loveless Academic Magnet Program High School
3440 McGehee Rd
Distance between this listing and this school1.98 miles
Public Magnet Grades 9-12
2
/10
Lanier High School
1756 S Court St
Distance between this listing and this school2.08 miles
The neighbors living near this home have an average income of $26,286. Most Montgomery, AL residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Montgomery, AL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Montgomery, AL?
Montgomery's housing market offers a diverse array of options, with single-family homes being particularly prevalent. Architectural styles in the area range from historic antebellum homes to contemporary constructions, reflecting the city's rich history and modern growth. The market is characterized by a mix of older homes dating back to the early 20th century, alongside newer developments that have expanded the city's residential landscape. The homeownership rate in Montgomery is robust, with a significant portion of residents investing in their own homes, while a competitive rental market caters to those preferring to rent.
Is Montgomery, AL a good place to live?
Montgomery prides itself on its deep historical roots and vibrant cultural scene. The city is celebrated for its significant role in the civil rights movement, with landmarks and museums commemorating this pivotal period in American history. The community enjoys a variety of annual events and festivals that showcase local arts, music, and cuisine, contributing to a strong sense of identity and pride among residents.
Are things conveniently located in Montgomery, AL?
The community is served by a comprehensive network of services, including numerous public and private schools that offer a range of educational programs. Montgomery is home to several higher education institutions, adding to the educational depth of the city. Healthcare is well-facilitated, with major hospitals providing a spectrum of services from emergency care to specialized treatments. The city's public library system is extensive, supporting lifelong learning and community engagement. Retail and dining options abound, with an emphasis on local flavors and products, reflecting the city's Southern charm and culinary heritage.
What does the transportation in Montgomery, AL look like?
Montgomery's transportation infrastructure supports both private and public transit options. The city's bus system, known as The M, operates across multiple routes, facilitating access to key areas within the city. Ride-sharing services are readily available, providing convenient alternatives to traditional transit. While the city is designed to accommodate vehicle traffic, efforts have been made to improve walkability in certain districts, particularly in the downtown area. Major highways, such as Interstate 65 and Interstate 85, intersect in Montgomery, making it a hub for regional travel and commerce.
Frequently Asked Questions About 3553 Lockwood Ln
What is the listing price of this property?
The listing price of 3553 Lockwood Ln property is $25,000.
What type of property is this?
The property 3553 Lockwood Ln is land located in Montgomery, Alabama, 36111.
Is this property for sale now?
Active Listing: 3553 Lockwood Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $219 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3553 Lockwood Ln in Montgomery, AL and zip code 36111. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $25,000.
In October 2024, from all listings sold in Montgomery, AL there were more than 35 sold above asking price, over 98 sold below and more than 58 were sold right at the asked price. In October 2024 in Montgomery, AL there were 9.3% more homes for sale than in September 2024. In October 2024 median list price was $179,979 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.