$109,500
SOLD OCT 5, 2016
2 Beds
2.5 Baths
1,620 Sq Ft
$294/mo HOA Fee

Recently Sold

$68 Per Sq Ft

12% Below List Price

117 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Golf Course Community
  • Lake Property
  • Inverness Elementary School Rated A
  • Lake View
  • Heavily Wooded Lot

About This Home

As of November 2018

Located on the lake overlooking the 18th tee at Inverness Golf & Country Club, is the setting for this 2BR 2.5BA condo. Enjoy the breathtaking views from almost every room in a private golf course setting. Inside the home is a large family room and dining room, eat-in kitchen, private deck and spacious bedrooms. The family room has a wood burning fireplace and opens directly to the dining room area. The eat-in kitchen has a laundry closet, pantry area and the refrigerator remains. There is also a half bath on the main level for convenience. Upstairs are two spacious bedrooms with the lake and golf course views along with additional storage. Newer roof, new carpet and HVAC system! The exterior is surrounded by mature trees and landscaping and the deck is the perfect spot to relax or entertain. Close proximity to shopping, restaurants, Hwy 280, Inverness CC, Hoover parks and Grandview Medical. Truly a must see!

Last Agent to Sell the Property

Brian Sparks

Ingram & Associates, LLC Listed on: 04/01/2016

Last Buyer's Agent

Doug Klick

ARC Realty Mountain Brook

ARC Realty Mountain Brook

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $873

Year Built

  • 1975

Lot Details

  • 20 Feet of Waterfront
  • Heavily Wooded Lot

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Lake Property
  • Deck

Utilities

  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10-1-02-0-993-081.050

Community Details

Overview

  • Blackwell Nelson Association

Recreation

  • Golf Course Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$873

Year Built

1975

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters
  • Living Area: 1620
  • Legal Description: Cambrian Woods Condos Lot 139
  • Condo Level: 1
  • List Price per Sq Ft: 70.99
  • Number Levels: 2+ Story
  • Property Type: Condo
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living/Din1|DiningRoom1|Kitchen1|HalfBath1|MasterBR2|MasterBath2|Bedroom2|FullBath2|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 2
  • Room 6: Master Bath, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Refrigerator
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 810
  • Upper Level Sq Ft: 810

Exterior Features

  • Waterfront Name: INLAND LAKE
  • Construction: Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Slab
  • Waterfront: Yes
  • Waterfront Frontage: 20
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Unassigned Parking

Utilities

  • Heating: Gas Heat
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Golf, Private Lake
  • Condo Fees: Yes
  • Condo Association Fee: 294
  • Condo Fee Per: Monthly
  • HOA Management Company: Blackwell Nelson

Fee Information

  • Fire Fee: Yes
  • Fire Fee Amount: 225
  • Fire Fee Per: Yearly
  • Library Fee: Yes
  • Library Fee Amount: 15
  • Library Fee Per: Yearly

Schools

  • Elementary School: INVERNESS
  • Middle School: OAK MOUNTAIN
  • High School: OAK MOUNTAIN

Lot Info

  • Assessor Parcel Number: 10-1-02-0-993-081.050
  • Lot Description: Golf Community, Golf Lot, Heavy Treed Lot
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Nov 8, 2018
Sold by
Spurgeon Jacob and Spurgeon Kiersten Rae
Bought by
Ratcliff Greg and Ratcliff Lee Ann
Seller's Agent
Christen Forsyth
Capstone Realty
Buyer's Agent
NonMLSmember MEMBER
NON VALLEYMLS OFFICE
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
117
Current Estimated Value
$208,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,675
Avg. Annual Appreciation
8.80%
Original Mortgage
$50,000
Outstanding Balance
$44,307
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$164,368

Purchase Details

Listed on
Apr 1, 2016
Closed on
Oct 4, 2016
Sold by
New North Investments
Bought by
Spurgeon Jacob
Seller's Agent
Brian Sparks
Ingram & Associates, LLC
Buyer's Agent
Doug Klick
ARC Realty Mountain Brook
List Price
$125,000
Sold Price
$109,500
Premium/Discount to List
-$15,500
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$106,215
Interest Rate
3.42%

Purchase Details

Closed on
Jul 31, 2013
Sold by
Yates Adam Darrell and Yates Jennifer Watts
Bought by
New North Investments Llc

Purchase Details

Closed on
Mar 15, 2007
Sold by
Farris Kathryn
Bought by
Watts Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Wright Jeffrey H and Wright Kelly M
Bought by
Farris Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Hud
Bought by
Wright Jeffrey H and Wright Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,475
Interest Rate
5.87%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Cacioppo Shepherd Angie S and Cacioppo Frank
Bought by
Hendrix Dexter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,229
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Joint Tenancy Deed $120,000 South Oak Title Trussville L
Deed -- --
Warranty Deed $109,000 None Available
Warranty Deed $133,500 None Available
Warranty Deed $112,000 --
Special Warranty Deed $78,000 --
Warranty Deed $85,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Previous Owner $106,215 No Value Available
Previous Owner -- No Value Available
Previous Owner $120,150 Purchase Money Mortgage
Previous Owner $106,400 Purchase Money Mortgage
Previous Owner $79,475 No Value Available
Previous Owner $15,939 Unknown
Previous Owner $83,229 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Off Market $120,000 -- --
11/13/2018 11/13/18 Pending -- -- --
11/08/2018 11/08/18 Sold $120,000 -4.0% $78 / Sq Ft
08/25/2018 08/25/18 For Sale $125,000 0.0% $81 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $125,000 +14.2% $81 / Sq Ft
10/05/2016 10/05/16 Sold $109,500 -12.4% $68 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $125,000 -- $77 / 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 $873 $19,840 $0 $0
2023 $824 $19,660 $0 $0
2022 $824 $18,600 $0 $0
2021 $573 $13,960 $0 $0
2020 $553 $13,500 $0 $0
2019 $534 $13,060 $0 $0
2017 $541 $13,220 $0 $0
2015 $1,136 $25,820 $0 $0
2014 $1,132 $25,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 745362

Greater Alabama MLS

APN: 10-1-02-0-993-081-050