NOT LISTED FOR SALE

1625 Cove Dr Mount Olive, AL 35117

Estimated Value: $251,610 - $272,000

3 Beds
2 Baths
1,349 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $164,900 $122 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,454/month

26 Days on Market

Highlights

  • Attic
  • Great Room
  • 1 Car Attached Garage
  • Gardendale Elementary School Rated 9+
  • Stainless Steel Appliances
  • Tray Ceiling

About This Home

As of September 2017

New construction in NewFound Cove and zoned for Gardendale schools with 100% USDA loans available. Take a look at this new Georgia Floor plan in Mount Olive. The 3 bedroom 2 bath home features a very open floor plan with lots of hardwood laminate flooring, stainless appliances and ceiling fans. This extremely energy efficient home has spray foam insulation in all walls and attic, a heat pump hot water heater and Low-E glass in all windows and doors. All helps to drastically reduce monthly utility bills and the house comes with an EnergyWise Guarantee limiting your heating and cooling costs for the first 2 years. Kitchen features island with breakfast bar. Seller will pay $2500 of purchasers closing costs. Homes qualify for 100% USDA financing!!

Last Agent to Sell the Property

George Holman

Energy Smart New Homes, LLC Listed on: 06/19/2017

Last Buyer's Agent

Susan Ritter

ARC Realty Vestavia

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Lot Details

  • 0.27

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Home Under Construction
  • Brick Exterior Construction
  • Slab Foundation
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 1,349 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Great Room
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Energy Monitoring System
  • Patio

Community Details

  • $17 Other Monthly Fees

Listing and Financial Details

  • Tax Lot 38

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

0

HOA Fees

$5 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1349
  • Legal Description: Lot 38 Newfound Cove
  • House Plan: The Georgia
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Whites Pest
  • Termite Contract: Yes
  • Year Built Description: Under Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Amenities: Split Bedroom
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Bedroom/Bathroom Features: Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |GreatRoom1|MasterBR1|MasterBath1|Kitchen1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1349

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Date Construction Completed: 09/01/2018
  • Date Construction Starts: 06/14/2017
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking, Parking (MLVL), Off Street Parking

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 60
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 52
  • Garbage Fee Per: Quarterly

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Monitor, Energy Star Appliances, Insulated Door, Ridge Vent

Lot Info

  • Lot Number: 38

Tax Info

  • Tax District: MOUNT OLIVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Sep 1, 2017
Sold by
Energy Smart New Homes Llc
Bought by
Balan Alexandr and Balan Chira
Seller's Agent
George Holman
Energy Smart New Homes, LLC
Buyer's Agent
Susan Ritter
ARC Realty Vestavia
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$261,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,253
Avg. Annual Appreciation
5.66%
Original Mortgage
$4,947
Outstanding Balance
$1,150
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$260,003

Purchase Details

Closed on
Apr 12, 2017
Sold by
Not Provided
Bought by
Energy Smart New Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Balan Alexandr $164,900 --
Energy Smart New Homes Llc $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balan Alexandr $4,947
Open Balan Alexandr $161,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $164,900 0.0% $122 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $164,900 -- $122 / 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 $1,015 $23,000 -- --
2022 $949 $20,000 $3,500 $16,500
2021 $803 $17,070 $3,500 $13,570
2020 $797 $16,950 $3,500 $13,450
2019 $735 $15,720 $0 $0
2018 $627 $13,580 $0 $0
2017 $134 $2,680 $0 $0
2016 $0 $2,500 $0 $0
2015 -- $2,500 $0 $0
2014 $78 $1,300 $0 $0
2013 $78 $1,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 787296

Greater Alabama MLS

APN: 14-00-17-1-000-005.000