NOT LISTED FOR SALE

1516 Inverness Cove Ln Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $326,000 - $352,000

3 Beds
2.5 Baths
1,856 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $280,000 $151 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,161/month

Highlights

  • In Ground Pool
  • Attic
  • Crown Molding
  • Greystone Elementary School Rated A
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of August 2021

Entered for Comps. Arms Length Transaction.

Last Agent to Sell the Property

Amy Pewitt

Flat Fee Real Estate Birmingha Listed on: 07/11/2021

Last Buyer's Agent

Amy Pewitt

Flat Fee Real Estate Birmingha Listed on: 07/11/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Recessed Lighting
  • Window Treatments
  • French Doors
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Split Vanities
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Greystone Elementary School
  • Berry Middle School
  • Spain Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10-1-02-0-012-053.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, utilities for comm areas, personal lawn care
  • Southern Property Mgmt Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,434

Year Built

Built in 2006

Lot Details

0

HOA Fees

$205 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 1856
  • Legal Description: Block: Lot: 93A INVERNESS COVE
  • List Price per Sq Ft: 148.17
  • Number Levels: 2+ Story
  • Property Type: Townhouse
  • Termite Company Name: thru assoc
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2006
  • Price Per Sq Ft: 150.86
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Interior Amenities: French Doors, Recess Lighting
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Split Bedrooms, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|DiningRoom1|HalfBath1|Kitchen1|MasterBR2|MasterBath2|Bedroom2|Bedroom2|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Kitchen, 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: Bedroom, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Breakfast Bar, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 798
  • Upper Level Sq Ft: 1058

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Sprinkler System
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking, Parking (MLVL), On Street Parking

Utilities

  • Heating: Forced Air, Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1856

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights
  • Association Fee: Yes
  • Association Fee: 205
  • Association Fee Per: Monthly
  • HOA Management Company: Southern Property Mgmt
  • Hoa Phone: 0000000

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Utilities for Comm Areas, Personal Lawn Care

Schools

  • Elementary School: GREYSTONE
  • Middle School: BERRY
  • High School: SPAIN PARK

Lot Info

  • Assessor Parcel Number: 10-1-02-0-012-053.000
  • Number Acres: 0.04

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 1434

MLS Schools

  • Elementary School: GREYSTONE
  • High School: SPAIN PARK
  • Jr Middle School: BERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 6, 2021
Sold by
Holley Megan L and Holley Brandon
Bought by
Upton David B
Seller's Agent
Amy Pewitt
Flat Fee Real Estate Birmingha
Buyer's Agent
Amy Pewitt
Flat Fee Real Estate Birmingha
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$335,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,975
Avg. Annual Appreciation
4.47%
Original Mortgage
$224,000
Outstanding Balance
$203,685
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,290

Purchase Details

Closed on
Mar 30, 2010
Sold by
Sawabe Properties Llc
Bought by
Lynch Megan D
Source: Public Records

Range of Values:

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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
Upton David B $280,000 None Listed On Document
Lynch Megan D $179,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upton David B $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $280,000 +1.8% $151 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $275,000 -- $148 / 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 $2,083 $31,320 $0 $0
2023 $1,863 $28,480 $0 $0
2022 $1,707 $26,280 $0 $0
2021 $1,556 $24,020 $0 $0
2020 $1,425 $22,040 $0 $0
2019 $1,314 $20,380 $0 $0
2017 $1,397 $21,620 $0 $0
2015 $1,131 $17,620 $0 $0
2014 $1,147 $17,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Pewitt

    Seller's Agent in 2021

    Amy Pewitt

    Flat Fee Real Estate Birmingha

    (205) 222-7109

    38 in this area

    122 Total Sales

    Amy Pewitt
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Map

Source: Greater Alabama MLS

MLS Number: 1294715

Greater Alabama MLS

APN: 10-1-02-0-012-053-000

Alabama Shelby County Birmingham 35242 North Shelby County

1516 Inverness Cove Ln, Birmingham, AL

This home is located at 1516 Inverness Cove Ln, Birmingham, AL 35242 since 11 July 2021 and is currently estimated at $335,975, approximately $181 per square foot. This property was built in 2006. 1516 Inverness Cove Ln is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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