NOT LISTED FOR SALE

1585 Rex Lake Rd Leeds, AL 35094

Estimated Value: $390,000 - $814,923

8.8 Acres
$59,657 Price per Acre
383,328 Sq Ft Lot

Last Sold December 12, 2017

Last sale price $130,000

Est. 304% increase in value since last sale

Current estimated payment $3,109/month

Highlights

  • Lake View
  • Shades Valley High School Rated A-
  • 8.8 Acre Lot

About This Lot

As of December 2017

8.8+- Acres to build you own private retreat. Covenient to 280, I-20, shopping, Barber Motor Sports, or Town! So private... Come build your dream home!

Last Agent to Sell the Property

Jimbo Moore

LAH Sotheby's International Realty Mountain Brook Listed on: 06/09/2017

LAH Sotheby's International Realty Mountain Brook

Co-Listed By

Meagan Phillips

RealtySouth-MB-Crestline

Last Buyer's Agent

Margaret Camp

Ray & Poynor Properties

Ray & Poynor Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,003

Lot Details

  • 8.8

Additional Features

  • Lake Views
  • 8.8 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-00-03-1-000-002.013

Property Details

Property Type

Land

Est. Annual Taxes

$4,003

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Health Dept Approval, Survey Available
  • Legal Description: BEG NE COR OF NW 1/4 NE 1/4 SEC 3 TP 18 R 1W TH S 800 FT TH SW 760 FT TH NW 250 FT TH NE 343.6 FT TH N 210 FT TH NW 266.1 FT TH NE 110 FT TH NELY 311 FT TH NE 260 FT TO POB
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Water

Lot Info

  • Assessor Parcel Number: 27-00-03-1-000-002.013
  • Lot Description: Acreage
  • Lot View: Lake/Water View
  • Number Acres: 8.8
  • Best Use Per Zone: Residential
  • List Price per Acre: 17045.45
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Resort, Undeveloped

Tax Info

  • Tax District: Irondale
  • Annual Tax: 32

Multi Family

  • Number Of Lots: 1 Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2020
Sold by
Camp Margaret S
Bought by
Clay Fred H and Clay Leslie C
Current Estimated Value
$524,981

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 30, 2017
Sold by
Romei Matthew Stephen
Bought by
Camp Margaret S
Seller's Agent
Jimbo Moore
LAH Sotheby's International Realty Mountain Brook
Buyer's Agent
Margaret Camp
Ray & Poynor Properties
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%

Purchase Details

Closed on
Oct 12, 2015
Sold by
Romei Matthew Stephen
Bought by
Davis Dewey Michael and Davis Ladonna

Purchase Details

Closed on
Oct 23, 2014
Sold by
Kirkland Linda Romei Estate
Bought by
Romei Matthew Stephen
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
Clay Fred H $195,000 --
Camp Margaret S $130,000 --
Davis Dewey Michael $110,000 --
Romei Matthew Stephen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2017 12/12/17 Sold $130,000 -13.3% --
06/09/2017 06/09/17 For Sale $150,000 -- --
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 $4,003 $64,800 -- --
2022 $4,547 $80,340 $27,400 $52,940
2021 $1,551 $27,400 $27,400 $0
2020 $1,551 $27,400 $27,400 $0
2019 $1,551 $27,400 $0 $0
2018 $689 $12,180 $0 $0
2017 $689 $12,180 $0 $0
2016 $689 $980 $0 $0
2015 $28 $980 $0 $0
2014 $25 $480 $0 $0
2013 $25 $480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 786406

Greater Alabama MLS

APN: 27-00-03-1-000-002.013