Seller's Agent in 2018
Jeff Newman
ARC Realty Vestavia
(205) 296-4488
8 in this area
76 Total Sales
1026 Lake Colony Ln Vestavia, AL 35242
Cahaba Heights NeighborhoodEstimated Value: $671,000 - $881,000
5
Beds
4.5
Baths
3,481
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Deck
- Main Floor Primary Bedroom
- Vestavia Hills Elementary Liberty Park Rated A+
- Wood Flooring
- Hydromassage or Jetted Bathtub
About This Home
As of September 2018Welcome home! This 5 bedroom 4.5 bath home has so many recent updates it is hard to list them all. Roof (2016), Water Heater (2018), Exterior painted (2018), Interior painted (2017), new finished basement (2017), new deck (2016), refinished hardwoods (2017). As you enter this brick home you will notice the 2 story foyer. To the left you find a large office and the right is a spacious dining room. The kitchen is open and bright with island and large eat-in area. The kitchen opens to the large family room which has a fireplace and leads to a super private deck w/ wood plank ceilings and an open grill area. The master is on the main and has two closets, separate vanity and updated shower and fixtures. The upstairs has 3 spacious bedrooms, one with private bath and other 2 share a jack-n-jill. The basement is new with wood grain tile floors, bar area, full bath with shower, den, bedroom and drop zone. The back yard is huge and leads to the wooded area w/ creek. Don't miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,049
Year Built
- Built in 1998
Lot Details
- 0.69 Acre Lot
- Sprinkler System
HOA Fees
- $120 Monthly HOA Fees
Parking
- 2 Car Garage
- Basement Garage
- Side Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Three Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Crown Molding
- Smooth Ceilings
- Ceiling Fan
- Recessed Lighting
- Stone Fireplace
- Gas Fireplace
- Double Pane Windows
- Great Room with Fireplace
- Dining Room
- Home Office
- Attic
Kitchen
- Electric Oven
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Laminate Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Hydromassage or Jetted Bathtub
- Bathtub and Shower Combination in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
Outdoor Features
- In Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 27-00-08-2-000-002.006
Community Details
Overview
- Liberty Park Association, Phone Number (205) 945-6430
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2018
Closed on
Sep 28, 2018
Sold by
Walburn Henry G
Bought by
Perdue Christopher and Perdue Heather D
Seller's Agent
Jeff Newman
ARC Realty Vestavia
Buyer's Agent
Karen Scott
ARC Realty Vestavia-Liberty Pk
List Price
$518,900
Sold Price
$520,000
Premium/Discount to List
$1,100
0.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,061
Avg. Annual Appreciation
5.48%
Original Mortgage
$442,000
Outstanding Balance
$385,450
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$373,611
Purchase Details
Closed on
Oct 12, 2006
Sold by
Pittman Robert R and Pittman Robin H
Bought by
Walburn Henry G and Walburn Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2003
Sold by
Estes W Kelly W and Estes Meredith F
Bought by
Pittman Robert R and Pittman Robin H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.82%
Purchase Details
Closed on
May 22, 1998
Sold by
Liberty Park Joint Venture
Bought by
Estes W Kelly W and Estes Meredith F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,320
Interest Rate
8%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perdue Christopher | $520,000 | -- | |
| Walburn Henry G | $495,000 | None Available | |
| Pittman Robert R | $400,000 | -- | |
| Estes W Kelly W | $332,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perdue Christopher | $442,000 | |
| Previous Owner | Walburn Henry G | $396,000 | |
| Previous Owner | Walburn Henry G | $99,000 | |
| Previous Owner | Pittman Robert R | $380,000 | |
| Previous Owner | Estes W Kelly W | $266,320 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $520,000 | +0.2% | $149 / Sq Ft |
| 08/22/2018 08/22/18 | For Sale | $518,900 | -- | $149 / Sq Ft |
Source: Greater Alabama MLS
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 | $4,562 | $53,480 | -- | -- |
| 2022 | $4,327 | $47,300 | $13,500 | $33,800 |
| 2021 | $4,220 | $46,140 | $13,500 | $32,640 |
| 2020 | $4,158 | $45,480 | $16,340 | $29,140 |
| 2019 | $4,728 | $51,060 | $0 | $0 |
| 2018 | $4,292 | $46,920 | $0 | $0 |
| 2017 | $4,049 | $44,300 | $0 | $0 |
| 2016 | $3,873 | $42,400 | $0 | $0 |
| 2015 | $3,873 | $42,400 | $0 | $0 |
| 2014 | $3,823 | $41,160 | $0 | $0 |
| 2013 | $3,823 | $41,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Newman
-
Karen Scott
Buyer's Agent in 2018
Karen Scott
ARC Realty Vestavia-Liberty Pk
(205) 639-7266
101 in this area
155 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 826816
APN: 27-00-08-2-000-002.006
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