NOT LISTED FOR SALE

1640 Rex Lake Rd Unit 4 Leeds, AL 35094

Estimated Value: $301,651 - $371,000

1 Acre
$347,663 Price per Acre
43,560 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $16,500

Est. 2,007% increase in value since last sale

Current estimated payment $1,947/month

About This Lot

As of June 2017

Gently rolling, perked tested 1 acre wooded lot on paved road. Water and electric to property.

Last Agent to Sell the Property

Barbara Turpen

RealtySouth-OTM-Acton Rd License #000041788 Listed on: 09/09/2015

Last Buyer's Agent

dale weaver

Weaver Land & Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $230

Lot Details

  • 1 Acre Lot
  • Property is zoned R1

Schools

  • Grantswood Elementary School
  • Irondale Middle School
  • Shades Valley High School

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • $8 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 27-00-03-1-000-007.003

Property Details

Property Type

Land

Est. Annual Taxes

$230

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Legal Description: 1640 Rex Lake Rd. Lot 4 Map book 9605 Page 8313
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Phone, Water

Fee Information

  • Fire Fee Amount: 100
  • Fire Fee Per: Yearly
  • Fire Fee: Yes

Lot Info

  • Assessor Parcel Number: 27-00-03-1-000-007.003
  • Number Acres: 1
  • Zoning: R1
  • Best Use Per Zone: Residential
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential

Tax Info

  • Tax District: Leeds
  • Annual Tax: 230

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: GRANTSWOOD
  • High School: SHADES VALLEY
  • Jr Middle School: IRONDALE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Gamble Heather S and Gamble Joshua Brent
Bought by
Mcgarity Michael Laird
Current Estimated Value
$347,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$234,168
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$113,495

Purchase Details

Closed on
Nov 10, 2017
Sold by
Wright Homes Inc
Bought by
Gamble Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
Jun 30, 2017
Sold by
Loewen Michael Courtney
Bought by
Wright Homes Inc
Seller's Agent
Barbara Turpen
RealtySouth-OTM-Acton Rd
Buyer's Agent
dale weaver
Weaver Land & Realty
List Price
$22,000
Sold Price
$16,500
Premium/Discount to List
-$5,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.24%
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
Mcgarity Michael Laird $365,000 None Listed On Document
Gamble Heather S $246,601 --
Wright Homes Inc $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarity Michael Laird $235,000
Previous Owner Gamble Heather S $233,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $16,500 -25.0% --
05/05/2017 05/05/17 Pending -- -- --
09/09/2015 09/09/15 For Sale $22,000 -- --
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 $1,303 $27,060 -- --
2022 $985 $20,720 $2,300 $18,420
2021 $985 $20,720 $2,300 $18,420
2020 $985 $20,720 $2,300 $18,420
2019 $985 $20,720 $0 $0
2018 $601 $12,000 $0 $0
2017 $230 $4,600 $0 $0
2016 $230 $4,600 $0 $0
2015 $230 $4,600 $0 $0
2014 $245 $4,600 $0 $0
2013 $245 $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Turpen

    RealtySouth

  • dale weaver

    Buyer's Agent in 2017

    dale weaver

    Weaver Land & Realty

    (205) 908-4803

    77 Total Sales

    dale weaver
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Map

Source: Greater Alabama MLS

MLS Number: 729708

Greater Alabama MLS

APN: 27-00-03-1-000-007.003

Alabama Jefferson County Leeds 35094

1640 Rex Lake Rd Unit 4, Leeds, AL

This home is located at 1640 Rex Lake Rd Unit 4, Leeds, AL 35094 since 09 September 2015 and is currently estimated at $347,663. 1640 Rex Lake Rd Unit 4 is a home located in Jefferson County with nearby schools including Grantswood Community Elementary School and Shades Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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