NOT LISTED FOR SALE

1590 Clay Pit Rd Unit LONG LEGAL Montevallo, AL 35115

Estimated Value: $34,440 - $115,000

3.45 Acres
$21,658 Price per Acre
150,282 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $28,500

Est. 162% increase in value since last sale

Current estimated payment $405/month

About This Lot

As of October 2021

WANT TO LIVE OFF GRID??? Gently Wooded 3.45 Acres (per tax record) just over the Chilton County line in Montevallo. Some fencing is already up. There is a Pole barn building, water meter & electric pole already on the property. Previous power meter has been removed. Seller cannot verify if there is a septic tank or not (there was a house on the property previously the seller believes). Great neighbors on one side (per the seller) and acres of timberland surround the other sides of the land. The left side of the land is bordered by a creek, per the seller. It's located at the end of NO WHERE yet minutes to the towns of Montevallo, Calera, and Jemison. Buyers to verify all information of importance as seller has never lived on the property. DEED restriction states no Mobile or Modular Homes. Zoning Dept says in Chilton County farm animals ok. **Buyer to verify prior to closing they can use the property for their intended purposes**

Last Agent to Sell the Property

Sue Walker

Keller Williams Metro South Listed on: 07/17/2021

Keller Williams Metro South

Last Buyer's Agent

Todd Pearson

Keller Williams Metro South

Keller Williams Metro South

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $125

Lot Details

  • 3.45 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Few Trees

Schools

  • Jemison Elementary And Middle School
  • Thorsby High School

Listing and Financial Details

  • Assessor Parcel Number 04-06-14-0-000-001.014

Property Details

Property Type

Land

Est. Annual Taxes

$125

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: SE.876.07 TH ALG C L OF CREEK NE.62.09 NE.113.56 NE.54.08 194.11 TO POB S14 T24 R12 COM AT NW COR OF NW 4 OF NE 4 SE. ALG W L
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: County Road, Dirt Road, Paved Road

Utilities

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

Schools

  • Elementary School: JEMISON
  • Middle School: JEMISON
  • High School: THORSBY

Lot Info

  • Assessor Parcel Number: 04-06-14-0-000-001.014
  • Lot Description: Acreage, Some Trees
  • Number Acres: 3.45
  • Zoning: Residential
  • Best Use Per Zone: Agricultural (BESTUSE), Residential
  • Improvements: Fenced-Partially, Gated Entrance, Value In Land Only
  • List Price per Acre: 8695.65
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential, Undeveloped
  • Unit/Lot Number: LONG LEGAL

Tax Info

  • Tax District: County
  • Annual Tax: 125

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: JEMISON
  • High School: THORSBY
  • Jr Middle School: JEMISON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 8, 2021
Sold by
Drotleff Kim Rice and Rice Kim A
Bought by
Prater Samuel A and Prater Sydni L
Seller's Agent
Sue Walker
Keller Williams Metro South
Buyer's Agent
Todd Pearson
Keller Williams Metro South
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%
Current Estimated Value
$74,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,220
Avg. Annual Appreciation
27.02%
Original Mortgage
$20,000
Outstanding Balance
$12,825
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$61,895

Purchase Details

Closed on
Jul 28, 2017
Sold by
Allen Rice
Bought by
Rice Kim
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
Prater Samuel A $28,500 None Available
Rice Kim -- Lesley Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prater Samuel A $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $28,500 -5.0% --
08/17/2021 08/17/21 For Sale $30,000 0.0% --
07/23/2021 07/23/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $30,000 -- --
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 $150 $3,700 $3,700 $0
2023 $150 $3,560 $3,560 $0
2022 $111 $2,240 $2,240 $0
2021 $121 $2,240 $2,240 $0
2020 $121 $2,980 $2,980 $0
2019 $121 $3,100 $3,100 $0
2018 $126 $3,100 $0 $0
2017 $126 $0 $0 $0
2016 $132 $0 $0 $0
2015 $130 $0 $0 $0
2013 $130 $3,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1292444

Greater Alabama MLS

APN: 0406140000001014