NOT LISTED FOR SALE

1017 River Oaks Dr Unit LOT 1 Cropwell, AL 35054

Estimated Value: $399,000 - $401,720

0.8 Acre
$500,450 Price per Acre
34,848 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $244,500

Est. 64% increase in value since last sale

Current estimated payment $2,391/month

14 Days on Market

Highlights

  • 170 Feet of Waterfront
  • Lake View
  • Cul-De-Sac
  • Fishing Allowed
  • Lake Property
  • Interior Lot

About This Lot

As of February 2018

LOGAN MARTIN LAKE BEAUTIFUL LOT IN RIVER OAKS. VIEWS THAT YOU WILL NEVER GET TIRED OF. THIS LOT HAS NO BUILD OUT TIME AND NO ASSOCIATION DUES . SURVEY IS AVAILABLE AND SO IS THE PERC TEST . SELLERS HAVE A HOUSE PLAN THAT FITS THIS LOT TO A T. COVERED DOCK WITH LIFT AND SEA WALL ARE IN PLACE AND READY FOR YOU TO ENJOY WHILE BUILDING THAT DREAM HOME ON YEAR ROUND WATER. VERY GRADUAL SLOPE FOR ALL AGES TO BE ABLE TO ENJOY.

Last Agent to Sell the Property

Nancy Locklar

The Realty Pros License #000064904 Listed on: 12/28/2017

Last Buyer's Agent

Nancy Locklar

The Realty Pros License #000064904 Listed on: 12/28/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,150

Lot Details

  • 0.8 Acre Lot
  • 170 Feet of Waterfront
  • Cul-De-Sac
  • Interior Lot
  • Sloped Lot
  • Few Trees

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Lake Views
  • Flood Zone Lot

Community Details

  • Fishing Allowed
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed
  • Lake Property

Listing and Financial Details

  • Assessor Parcel Number 28-07-36-0-001-008.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,150

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Legal Description: LOT 1 HARMON EST & ADJ LOT ALL DESC AS BEG SE COR LOT 1 TH NW 468.38' TO LAKE NE ALG LAKE 355'(S) SE 338.7' SW 160' TO POB
  • Property Type: Lots
  • Dual or Variable Rate Commission: Yes
  • Flood Plain: Yes
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Logan Martin
  • Waterfront Frontage: 170
  • Road Access: Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Water

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Direct Water Access, Fishing Allowed, Skiing Allowed, Swimming Allowed

Lot Info

  • Assessor Parcel Number: 28-07-36-0-001-008.000
  • Lot Description: Cul-De-Sac, Interior Lot, Sloping Lot, Some Trees, Subdivision
  • Lot View: Lake/Water View
  • Number Acres: 0.8
  • Zoning: R
  • Best Use Per Zone: Residential, Subdivision
  • Improvements: Lake
  • List Price per Acre: 343125
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential
  • Unit/Lot Number: LOT 1

Tax Info

  • Tax District: Cropwell
  • Annual Tax: 1150

Multi Family

  • Number Of Lots: 1 Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Feb 23, 2018
Sold by
Rackstraw James T and Rackstraw Chere C
Bought by
Brigman Jason
Seller's Agent
Nancy Locklar
The Realty Pros
Buyer's Agent
Nancy Locklar
The Realty Pros
List Price
$274,500
Sold Price
$244,500
Premium/Discount to List
-$30,000
-10.93%
Current Estimated Value
$400,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,860
Avg. Annual Appreciation
9.01%
Original Mortgage
$197,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 17, 2017
Closed on
Sep 1, 2017
Sold by
Carr James Kenny and Carr Pamala D
Bought by
Rackstraw James T and Rackstraw Chere C
Seller's Agent
Nancy Locklar
The Realty Pros
Buyer's Agent
Nancy Locklar
The Realty Pros
List Price
$189,500
Sold Price
$181,500
Premium/Discount to List
-$8,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.03%
Original Mortgage
$226,500
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 25, 2013
Closed on
Feb 23, 2016
Sold by
Brigman Jason
Bought by
Ervin Bouvier H and Harmon Tolva Ludford
Seller's Agent
Pamela Hendrix
The Realty Pros
Buyer's Agent
Maria Price
ARC Realty Vestavia
List Price
$225,000
Sold Price
$175,000
Premium/Discount to List
-$50,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brigman Jason $244,500 None Available
Rackstraw James T $181,500 None Available
Ervin Bouvier H -- Coosa Valley Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brigman Jason $1,422,000
Closed Brigman Jason $197,000
Previous Owner Rackstraw James T $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $244,500 -10.9% --
01/11/2018 01/11/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $274,500 +51.2% --
09/01/2017 09/01/17 Sold $181,500 -4.2% --
07/31/2017 07/31/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $189,500 +8.3% --
02/23/2016 02/23/16 Sold $175,000 -22.2% --
01/01/2016 01/01/16 Pending -- -- --
02/25/2013 02/25/13 For Sale $225,000 -- --
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 $2,520 $70,000 $40,000 $30,000
2023 $1,440 $40,000 $40,000 $0
2022 $1,440 $40,000 $40,000 $0
2021 $1,240 $40,000 $40,000 $0
2020 $1,240 $40,000 $40,000 $0
2019 $1,240 $40,000 $40,000 $0
2018 $1,147 $37,000 $0 $0
2017 $1,240 $37,000 $0 $0
2016 $1,147 $37,000 $0 $0
2015 $1,240 $37,000 $0 $0
2014 $1,240 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 803120

Greater Alabama MLS

APN: 28-07-36-0-001-008.000