NOT LISTED FOR SALE

1661 Patton Chapel Rd Unit 1661E Hoover, AL 35226

Estimated Value: $181,000 - $223,000

31 Beds
20 Baths
13,751 Sq Ft
$14/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $679,000 $49 Per Sq Ft

Current estimated payment $1,135/month

Highlights

  • Clubhouse
  • Tile Flooring
  • Ceiling Fan
  • Gwin Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2017

Investment Opportunity. Currently 6 Tenants in place. Stylish 2, 3, & 4 bedroom condominium homes (flats & townhomes) with balconies or patios. 12 acre serene hidden retreat-style community located in an established, single family home neighborhood. Scenic paths nestled along Patton Creek include picnic and barbecue areas for your weekend retreat. Within 2 blocks of Simmons Middle School & Gwin Elementary School (Part of the Hoover City School System). Energy efficient double-pane windows. Low maintenance common elements, including brick exteriors with standing seam metal roofs. Designer-coordinated interiors including 2' faux wood blinds, ceramic tile, hardwood & carpet throughout Black on black appliance package including refrigerator with icemaker, dishwasher, microwave & range. Full size washer & dryer hook-ups Spacious walk-in closets Cozy fireplace in select homes Double panel decorator doors Riverchase Galleria & Patton Creek Shopping District

Last Agent to Sell the Property

Judge Henshaw

ARC Realty Vestavia Listed on: 04/19/2017

ARC Realty Vestavia

Last Buyer's Agent

Todd Conn

EXIT Realty Sweet HOMElife

EXIT Realty Sweet HOMElife

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,225

Year Built

  • 1970

Lot Details

  • 12.31

Home Design

  • Slab Foundation
  • Brick Frame

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ceiling Fan
  • Barbecue Area

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Building Details

  • Operating Expense $2,441
  • Gross Income $10,324

Additional Features

  • 10 Units
  • Clubhouse

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,225

Year Built

1970

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Apartment
  • Termite Company Name: HOA
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Floors: Laminate, Tile, Wall-to-Wall Carpet
  • Miscellaneous: BBQ Area, Club House, Pool

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Slab
  • Water Heater: Individual Control, Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Central Control (HEAT), Electric (HEAT)
  • Cooling: Ceiling Fans, Central Control (COOL), Electric (COOL), Individual Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 10

Schools

  • Elementary School: GWIN
  • Middle School: SIMMONS, IRA F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-14-2-006-100.441

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 2441
  • Gross Income: 10324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Dabit Amal Z
Bought by
Sylla Nfah and Traore Aissatou
Current Estimated Value
$194,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Outstanding Balance
$150,348
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$44,579

Purchase Details

Closed on
May 16, 2018
Sold by
Haven Home Life Llc
Bought by
Dabit Amal Z
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
Sylla Nfah $176,000 --
Dabit Amal Z $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylla Nfah $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $679,000 -9.5% $49 / Sq Ft
04/19/2017 04/19/17 For Sale $749,900 -- $55 / 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 $1,225 $17,780 -- $17,780
2022 $1,174 $9,470 $0 $9,470
2021 $873 $9,470 $0 $9,470
2020 $709 $9,470 $0 $9,470
2019 $661 $9,840 $0 $0
2018 $1,374 $18,920 $0 $0
2017 $1,374 $18,920 $0 $0
2016 $1,461 $20,120 $0 $0
2015 $1,316 $18,120 $0 $0
2014 $1,665 $18,660 $0 $0
2013 $1,665 $18,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 782611

Greater Alabama MLS

APN: 39-00-14-2-006-100.441