NOT LISTED FOR SALE

1635 Lake Cove Dr SW Decatur, AL 35603

Estimated Value: $539,000 - $844,000

5 Beds
3.5 Baths
7,457 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $510,000 $68 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,177/month

173 Days on Market

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Community Pool
  • Traditional Architecture
  • 2 Fireplaces
  • Double Oven

About This Home

As of July 2012

There is a 75.00 buyer paid doc fee paid at closing. Access to decks and porches from most rooms. Beautiful view. Hardwood, tile, (carpet in bedrooms) and solid surface countertops throughout home. Amenities too numerous to mention. FINISHED BASEMENT GAME ROOM, ETC, HALF BATH, PLUMBED FOR KITCHEN. Soaring ceiling in family room, tall ceilings throughout. All contracts/offers are subj to OWB Senior mtg app and are not binding unless entire agr ratifified byall parties

Last Agent to Sell the Property

Jay West

Keller Williams Realty Madison License #79392 Listed on: 01/04/2012

Keller Williams Realty Madison

Last Buyer's Agent

Mary Ann Scott

RE/MAX Platinum License #21421

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 183 x 221 x 243 x 195

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,457 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Log Fireplace
  • Basement

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Cedar Ridge-Do Not Use Elementary School
  • Austin High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 1301120000075000

Community Details

Overview

  • Lake Association
  • Timberland Lake Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Living Area: 7457
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 183 x 221 x 243 x 195
  • Subdivision Name: Timberland Lake Estates
  • Architectural Style: See Remarks, Traditional
  • New Construction: No
  • Green Power: Solar
  • Property Attached Yn: No
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 5
  • Appliances: Cooktop, Dishwasher, Double Oven, Microwave
  • Levels: Two
  • Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 132
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 238
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 18
  • Room Family Room Area: 391
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Room Living Room Area: 195
  • Room Kitchen Area: 325
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 360
  • Room Dining Room Area: 180

Exterior Features

  • Waterfront Features: See Remarks

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Pool
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association Name: Lake
  • Association: Yes

Schools

  • Middle Or Junior School: Cedar Ridge-Do Not Use

Lot Info

  • Parcel Number: 1301120000075000
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 29

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jul 11, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Lilly Chris M and Lilly Amy
Seller's Agent
Jay West
Keller Williams Realty Madison
Buyer's Agent
Mary Ann Scott
RE/MAX Platinum
List Price
$719,900
Sold Price
$510,000
Premium/Discount to List
-$209,900
-29.16%
Current Estimated Value
$719,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,252
Avg. Annual Appreciation
3.32%
Original Mortgage
$451,000
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2011
Sold by
Owens Frankie L and Owens Janice K
Bought by
Deutsche Bank National Tr Co

Purchase Details

Closed on
Mar 29, 2005
Sold by
Gwm Development Llc
Bought by
Owens Frank L and Owens Janice K

Purchase Details

Closed on
Jan 13, 2005
Sold by
Moore Yudell A
Bought by
Darst Frank
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
Lilly Chris M $510,000 None Available
Deutsche Bank National Tr Co $680,000 None Available
Owens Frank L -- None Available
Darst Frank $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilly Christopher $400,000
Closed Lilly Chris $451,000
Previous Owner Owens Frankie L $646,950
Previous Owner Owens Frank L $630,000
Previous Owner Owens Frankie L $100,000
Previous Owner Owens Frank L $400,000
Previous Owner Owens Frank L $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2012 10/23/12 Off Market $510,000 -- --
07/25/2012 07/25/12 Sold $510,000 -29.2% $68 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $719,900 -- $97 / 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 $2,500 $56,230 $6,500 $49,730
2023 $2,500 $57,400 $6,500 $50,900
2022 $2,579 $57,980 $6,500 $51,480
2021 $2,306 $53,870 $6,500 $47,370
2020 $2,306 $96,380 $6,500 $89,880
2019 $2,306 $51,960 $0 $0
2015 $2,208 $49,800 $0 $0
2014 $2,208 $49,800 $0 $0
2013 -- $50,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay West

    Seller's Agent in 2012

    Jay West

    Keller Williams Realty Madison

    (256) 777-2963

    35 Total Sales

    Jay West
    Section Image
  • Mary Ann Scott

    Buyer's Agent in 2012

    Mary Ann Scott

    RE/MAX

    (256) 227-2456

    117 Total Sales

    Mary Ann Scott
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 727135

ValleyMLS.com

APN: 13-01-12-0-000-075.000

Alabama Morgan County Decatur 35603

1635 Lake Cove Dr SW, Decatur, AL

This home is located at 1635 Lake Cove Dr SW, Decatur, AL 35603 since 04 January 2012 and is currently estimated at $719,252, approximately $96 per square foot. 1635 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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