NOT LISTED FOR SALE

1016 Inverness Cove Way Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $353,000 - $356,000

3 Beds
2.5 Baths
2,106 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $227,000 $108 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,462/month

Highlights

  • In Ground Pool
  • Deck
  • 1 Car Attached Garage
  • Greystone Elementary School Rated A
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of November 2019

BEST DEAL FOR A TOWNHOME WITH A DAYLIGHT BASEMENT! What a great neighborhood- one of Inverness' finest. This 3 bedroom 2.5 bath is one of the larger townhomes with a full daylight basement that is partially finished in the Inverness Cove Community. Enjoy your coffee while sitting out by the beautiful pool that overlooks Lake Heather. This home is zoned for Spain Park schools. DON'T MISS OUT!!!

Last Agent to Sell the Property

Dean Chatham

CSM Realty Listed on: 07/26/2019

Last Buyer's Agent

Tina Baum

RE/MAX Advantage

RE/MAX Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 2006

Lot Details

  • 2,222

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Two Heating Systems
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10-1-02-0-011-002.000

Community Details

Overview

  • Association fees include management fee, pest control
  • $7 Other Monthly Fees
  • Southern Property Association, Phone Number (205) 568-2533

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,333

Year Built

Built in 2006

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2106
  • Legal Description: Inverness Cove Phase 1 Lot 2
  • List Price per Sq Ft: 112.54
  • Number Levels: 2+ Story
  • Property Type: Townhouse
  • Termite Company Name: Bobo
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2006
  • Price Per Sq Ft: 107.79
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|HalfBath1|MasterBR2|MasterBath2|Bedroom2|Bedroom2|FullBath2|Laundry2|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Master Bedroom, On Level: 2
  • Room 5: Master Bath, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Laundry, On Level: 2
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Laundry (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 858
  • Upper Level Sq Ft: 1248

Exterior Features

  • Patio: Yes
  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Porch
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking

Utilities

  • Heating: Dual Systems (HEAT)
  • Cooling: Electric (COOL), Piggyback Sys (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2106

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 165
  • Association Fee Per: Monthly
  • HOA Management Company: Southern Property
  • Hoa Phone: 205-568-2533

Fee Information

  • Fees Include: Management Fee, Pest Control
  • Library Fee: Yes
  • Library Fee Amount: 80
  • Library Fee Per: Yearly

Schools

  • Elementary School: INVERNESS
  • Middle School: BERRY
  • High School: SPAIN PARK

Lot Info

  • Assessor Parcel Number: 10-1-02-0-011-002.000

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 3333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Nov 15, 2019
Sold by
Chatham Dean
Bought by
Gl Bishop Properties Llc
Seller's Agent
Dean Chatham
CSM Realty
Buyer's Agent
Tina Baum
RE/MAX Advantage
List Price
$237,000
Sold Price
$227,000
Premium/Discount to List
-$10,000
-4.22%
Current Estimated Value
$354,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,302
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
May 31, 2006
Sold by
Investment Associates Llc
Bought by
Chatham Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,416
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gl Bishop Properties Llc $227,000 None Available
Chatham Dean $231,770 Reli Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatham Dean $185,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $227,000 -4.2% $108 / Sq Ft
10/30/2019 10/30/19 For Sale $237,000 0.0% $113 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $237,000 -- $113 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

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 $4,926 $74,080 $0 $0
2023 $4,522 $68,000 $0 $0
2022 $4,160 $62,560 $0 $0
2021 $3,789 $56,980 $0 $0
2020 $3,478 $52,300 $0 $0
2019 $3,207 $48,220 $0 $0
2017 $3,333 $50,120 $0 $0
2015 $2,652 $39,880 $0 $0
2014 $2,689 $40,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dean Chatham

    CSM Realty

    (205) 855-8612

    16 Total Sales

    Dean Chatham
    Section Image
  • Tina Baum

    Buyer's Agent in 2019

    Tina Baum

    RE/MAX

    (205) 937-2055

    124 in this area

    196 Total Sales

    Tina Baum
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 857418

Greater Alabama MLS

APN: 10-1-02-0-011-002-000

Alabama Shelby County Birmingham 35242 North Shelby County

1016 Inverness Cove Way, Birmingham, AL

This home is located at 1016 Inverness Cove Way, Birmingham, AL 35242 since 26 July 2019 and is currently estimated at $354,302, approximately $168 per square foot. This property was built in 2006. 1016 Inverness Cove Way is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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