NOT LISTED FOR SALE

124 Rachel Dr NW Huntsville, AL 35806

Research Park Neighborhood

Estimated Value: $522,000 - $949,184

5 Beds
4.5 Baths
5,348 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $915,000 $171 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,544/month

203 Days on Market

Highlights

  • 0.95 Acre Lot
  • Traditional Architecture
  • No HOA
  • Monrovia Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of May 2023

Dreams do come True. Beautifully restored home with all of today's modern conveniences. The absolute perfect setting on a wooded corner lot. This Home was taken down to studs and completed restored. No expense was spared. Sodded yard with sprinkler system. Custom Cabinets soft close doors and drawers. All new Appliances, Double Ovens, Microwave and Dishwasher with GAS STOVE TOP. Master Retreat on main level with Custom Walkin Closet and Spa like Master Bath complete with Soaker Tub and a Separate Tile Shower with 2 heads. Separate private Office. Large Great room with Fandelier and Gas Fireplace. 5 bedrooms, 4.5 baths, Media room, Bonus room,3 Car Garage, 5348 sq ft

Last Agent to Sell the Property

Terry King

RE/MAX Unlimited License #126447 Listed on: 09/15/2022

RE/MAX Unlimited

Last Buyer's Agent

Samantha Walker

Capstone Realty LLC Huntsville License #91752

Capstone Realty LLC Huntsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1992

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 210 x 195

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,348 Sq Ft Home
  • Property has 3 Levels
  • Gas Log Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Monrovia Elementary School
  • Sparkman High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Monrovia Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 4
  • Assessor Parcel Number 1501020001047000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Living Area: 5348
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Lot Size: 210 x 195
  • Subdivision Name: Monrovia Hills
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1992
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Levels: Three Or More
  • Basement: Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Room Bedroom4 Area: 180
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 169
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 169
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 408
  • Room Kitchen Area: 320
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 224
  • Room Dining Room Area: 210

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Side, Three Car Garage

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Monrovia

Lot Info

  • Parcel Number: 1501020001047000
  • Lot Size Sq Ft: 41382
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 4
  • Tax Lot: 13

MLS Schools

  • Elementary School: Monrovia
  • High School: Sparkman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
May 2, 2023
Sold by
King Terry
Bought by
Cobb Lee M and Cobb Deanna C
Seller's Agent
Terry King
RE/MAX Unlimited
Buyer's Agent
Samantha Walker
Capstone Realty LLC Huntsville
List Price
$1,100,000
Sold Price
$915,000
Premium/Discount to List
-$185,000
-16.82%
Views
173
Current Estimated Value
$791,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,954
Avg. Annual Appreciation
-6.62%
Original Mortgage
$665,000
Outstanding Balance
$647,889
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$132,745

Purchase Details

Closed on
Aug 16, 2021
Sold by
Durough Era F & Robert Vernon Sr and Durough Robert Vernon
Bought by
King Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2020
Sold by
Durough Era F and Durough Robert V
Bought by
Durough Era F
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
Cobb Lee M $915,000 None Listed On Document
King Terry $250,000 None Listed On Document
Durough Era F $242,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Lee M $665,000
Previous Owner King Terry $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $915,000 -2.7% $171 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $940,000 -2.6% $176 / Sq Ft
02/26/2023 02/26/23 Price Changed $965,000 -1.0% $180 / Sq Ft
02/22/2023 02/22/23 Price Changed $975,000 -1.5% $182 / Sq Ft
02/06/2023 02/06/23 Price Changed $990,000 -0.5% $185 / Sq Ft
01/20/2023 01/20/23 Price Changed $995,100 0.0% $186 / Sq Ft
12/06/2022 12/06/22 Price Changed $995,000 -2.9% $186 / Sq Ft
11/12/2022 11/12/22 Price Changed $1,025,100 0.0% $192 / Sq Ft
10/18/2022 10/18/22 Price Changed $1,025,000 -6.8% $192 / Sq Ft
09/29/2022 09/29/22 Price Changed $1,100,100 0.0% $206 / Sq Ft
09/16/2022 09/16/22 For Sale $1,100,000 0.0% $206 / Sq Ft
09/15/2022 09/15/22 Price Changed $1,100,000 -- $206 / Sq Ft
Source: ValleyMLS.com

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 $2,803 $78,380 $3,240 $75,140
2023 $2,803 $150,080 $6,460 $143,620
2022 $1,937 $53,600 $6,460 $47,140
2021 $921 $26,820 $3,240 $23,580
2020 $829 $24,270 $3,230 $21,040
2019 $802 $23,540 $3,230 $20,310
2018 $748 $22,080 $0 $0
2017 $748 $22,080 $0 $0
2016 $748 $22,080 $0 $0
2015 $748 $22,080 $0 $0
2014 $840 $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry King

    Seller's Agent in 2023

    Terry King

    RE/MAX

    (256) 348-4552

    8 in this area

    112 Total Sales

    Terry King
    Section Image
  • Samantha Walker

    Buyer's Agent in 2023

    Samantha Walker

    Capstone Realty LLC Huntsville

    (256) 656-3152

    18 in this area

    442 Total Sales

    Samantha Walker
    Section Image
  • Kristen Fritz

    Buyer Co-Listing Agent in 2023

    Kristen Fritz

    Capstone Realty LLC Huntsville

    (256) 755-4741

    4 in this area

    35 Total Sales

    Kristen Fritz
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1818425

ValleyMLS.com

APN: 15-01-02-0-001-047.000

Alabama Madison County Huntsville 35806 Research Park

124 Rachel Dr NW, Huntsville, AL

This home is located at 124 Rachel Dr NW, Huntsville, AL 35806 since 15 September 2022 and is currently estimated at $791,046, approximately $147 per square foot. This property was built in 1992. 124 Rachel Dr NW is a home located in Madison County with nearby schools including Monrovia Elementary School, Monrovia Middle School, and Sparkman High School.

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