NOT LISTED FOR SALE

1622 Lake Cove Dr SW Decatur, AL 35603

Estimated Value: $508,000 - $646,000

5 Beds
4 Baths
4,008 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $500,000 $125 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,261/month

116 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Garage
  • Gas Log Fireplace
  • Two cooling system units
  • Multiple Heating Units

About This Home

As of December 2022

This beautiful Timberland Lake home sits high on a hill overlooking the lake, with a large, private backyard perfect for entertaining! What you'll love: the lifestyle! This community is located for easy access to EVERYTHING & has an upscale lakeside pool & club house. This home has tons of personality with a main level owner's suite featuring an enormous closet and equally oversized walk-in shower! You'll also be spoiled by the dual vanities and whirlpool. The kitchen features a large granite topped island and tons of cabinetry. Upstairs are the secondary bedrooms/baths/bonus room. Elegant, bright, cheerful and FUN are great ways to describe this family home! Come take a look-it'll move you!

Last Agent to Sell the Property

Jeremy Jones

Parker Real Estate Res.LLC License #106658 Listed on: 07/21/2022

Co-Listed By

Walker Jones

Parker Real Estate Res.LLC License #126354

Last Buyer's Agent

Haley Dameron

Capstone Realty LLC Huntsville License #129519

Capstone Realty LLC Huntsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Lot Details

  • Lot Dimensions are 297 x 116 x 351 x 167

Parking

  • 2 Car Garage

Interior Spaces

  • 4,008 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • Austin Middle Elementary School
  • Austin High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • Property has a Home Owners Association
  • Timberland Lake Estates HOA, Phone Number (256) 345-0981
  • Timberland Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 13 01 122 0 000 078.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Lot Details

0

Parking

2

Listing Details

  • Living Area: 4008
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 297 x 116 x 351 x 167
  • Co List Office Mls Id: 118100
  • Subdivision Name: Timberland Lake Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 195
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 195
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: First
  • Room Living Room Area: 528
  • Room Kitchen Area: 208
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 224
  • Room Dining Room Area: 182

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Timberland Lake Estates HOA
  • Phone: 256-345-0981
  • Association: Yes

Schools

  • Middle Or Junior School: Austin Middle

Lot Info

  • Parcel Number: 13 01 122 0 000 078.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 37

MLS Schools

  • Elementary School: Chestnut Grove Elementary
  • High School: Austin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Dec 30, 2022
Sold by
Watkins Alan and Watkins Sara
Bought by
Goodson Matthew and Goodson Amber
Seller's Agent
Jeremy Jones
Parker Real Estate Res.LLC
Buyer's Agent
Haley Dameron
Capstone Realty LLC Huntsville
List Price
$539,622
Sold Price
$500,000
Premium/Discount to List
-$39,622
-7.34%
Views
126
Current Estimated Value
$556,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,035
Avg. Annual Appreciation
4.39%
Original Mortgage
$456,300
Outstanding Balance
$443,361
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$112,674

Purchase Details

Closed on
Feb 27, 2009
Sold by
Watkins Alan and Watkins Sara
Bought by
Watkins Alan and Watkins Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Gwm Development Llc
Bought by
Watkins Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.51%
Mortgage Type
Unknown
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
Goodson Matthew $500,000 --
Watkins Alan -- None Available
Watkins Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodson Matthew $456,300
Previous Owner Watkins Alan $240,100
Previous Owner Watkins Alan $306,000
Previous Owner Watkins Alan Gary $300,000
Previous Owner Watkins Alan $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $500,000 0.0% $125 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $499,931 -7.4% $125 / Sq Ft
07/24/2022 07/24/22 For Sale $539,622 -- $135 / Sq Ft
Source: ValleyMLS.com

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 $2,104 $47,500 $10,000 $37,500
2023 $1,440 $32,840 $4,500 $28,340
2022 $1,471 $33,510 $4,500 $29,010
2021 $1,330 $31,500 $4,500 $27,000
2020 $1,330 $55,740 $4,500 $51,240
2019 $1,330 $30,400 $0 $0
2015 -- $28,720 $0 $0
2014 -- $28,720 $0 $0
2013 -- $29,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Jones

    Seller's Agent in 2022

    Jeremy Jones

    Parker Real Estate Res.LLC

    (256) 466-4675

    517 Total Sales

    Jeremy Jones
    Section Image
  • Walker Jones

    Seller Co-Listing Agent in 2022

    Walker Jones

    Parker Real Estate Res.LLC

    (256) 353-1112

    205 Total Sales

    Walker Jones
    Section Image
  • Haley Dameron

    Buyer's Agent in 2022

    Haley Dameron

    Capstone Realty LLC Huntsville

    (256) 929-8570

    43 Total Sales

    Haley Dameron
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1814069

ValleyMLS.com

APN: 13-01-12-0-000-078.000

Alabama Morgan County Decatur 35603

1622 Lake Cove Dr SW, Decatur, AL

This home is located at 1622 Lake Cove Dr SW, Decatur, AL 35603 since 21 July 2022 and is currently estimated at $556,035, approximately $138 per square foot. 1622 Lake Cove Dr SW is a home located in Morgan County with nearby schools including Chestnut Grove Elementary School, Cedar Ridge Middle School, and Austin High School.

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