NOT LISTED FOR SALE

1501 Highland Gate Point Birmingham, AL 35244

Estimated Value: $855,000 - $1,135,000

0.99 Acre
$1,043,576 Price per Acre
43,124 Sq Ft Lot

Last Sold October 02, 2014

Last sale price $104,000

Est. 893% increase in value since last sale

Current estimated payment $6,112/month

Highlights

  • 0.99 Acre Lot
  • Bike Trail
  • Gated Home
  • South Shades Crest Elementary School Rated A

About This Lot

As of October 2014

Beautiful rolling lot located in the most prestigious sector of the Lake Cyrus Planned Development. The area is gated with about 31 lots, houses in the area start at $500,000 and on up. This is one of three lots that remains. Call me at 205-222-1551 for code to access entrance through the gate.

Last Agent to Sell the Property

Robert Smith

Pace Properties Listed on: 04/18/2014

Last Buyer's Agent

Robert Smith

Pace Properties Listed on: 04/18/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $941

Lot Details

  • 0.99 Acre Lot
  • Gated Home

Schools

  • Green Valley Elementary School
  • Bumpus Middle School
  • Hoover High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 39-29-3-000-005.069 00

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$941

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: Lot 613 Lake Cyrus 6th Sector
  • Property Type: Lots
  • Dual or Variable Rate Commission: Yes
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Sewer Connected
  • Water: Public Water
  • Utilities Available: Electricity
  • Utilities On-site: Underground Utils

Condo/Co-op/Association

  • Amenities: Bike Trails
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Schools

  • Elementary School: GREEN VALLEY
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-29-3-000-005.069 00
  • Lot Description: Acreage
  • Number Acres: 0.99
  • Best Use Per Zone: Subdivision
  • Improvements: Gated Entrance
  • List Price per Acre: 126262.63
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential

Tax Info

  • Tax District: Hoover
  • Annual Tax: 941

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: GREEN VALLEY
  • High School: HOOVER
  • Jr Middle School: BUMPUS, ROBERT F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Oct 2, 2014
Sold by
Smith Robert C
Bought by
Selvan Antony A and Selvan Mary A
Seller's Agent
Robert Smith
Pace Properties
Buyer's Agent
Robert Smith
Pace Properties
List Price
$125,000
Sold Price
$104,000
Premium/Discount to List
-$21,000
-16.8%
Current Estimated Value
$1,033,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,140
Avg. Annual Appreciation
23.05%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Lake Cyrus Development Co Inc
Bought by
Smith Robert C and Smith Rosemary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Selvan Antony A $104,000 --
Smith Robert C $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Robert C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2014 10/02/14 Sold $104,000 -16.8% --
07/22/2014 07/22/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $125,000 -- --
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 $7,798 $108,140 -- --
2022 $6,571 $91,240 $12,750 $78,490
2021 $6,072 $84,360 $12,750 $71,610
2020 $5,631 $78,160 $12,750 $65,410
2019 $5,871 $89,860 $0 $0
2018 $5,951 $82,700 $0 $0
2017 $688 $10,200 $0 $0
2016 $1,481 $20,400 $0 $0
2015 $926 $12,760 $0 $0
2014 $926 $12,760 $0 $0
2013 $926 $12,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 594420

Greater Alabama MLS

APN: 39-00-29-3-000-005.069