NOT LISTED FOR SALE

1669 Gum Springs Rd Falkville, AL 35622

Estimated Value: $213,267 - $284,000

2 Beds
1 Bath
1,200 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $125,000 $104 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,347/month

34 Days on Market

Highlights

  • Barn
  • Horses Allowed in Community
  • Wood Flooring
  • Eva School Rated 10
  • Home fronts a pond
  • Pond in Community

About This Home

As of June 2018

QUAINT FARMHOUSE ON 5 ACRES WITH FENCED PASTURE, BARN AND 2 PONDS. THIS RECENTLY PAINTED HOME HAS HARDWOOD FLOORS, TILE BATHROOM, KITCHEN ISLAND, GAS LOG FIREPLACE, ENCLOSED SUNROOM, METAL ROOF AND LARGE PORCH. THE OUTDOORS OFFER A COURTYARD, PERGOLA, GAZEBO AND 1500 SQFT BARN, STORM SHELTER AND STORAGE BUILDING. THE MOUNTAIN VIEWS LEADING TO THIS JEWEL ARE SPECTACULAR. ARE YOU READY FOR COUNTRY LIVING? BUYER TO VERIFY ALL MEASUREMENTS AND SCHOOL DISTRICT.

Last Agent to Sell the Property

Holly Moody

eXp Central License #95654-2 Listed on: 04/11/2018

eXp Central

Last Buyer's Agent

AGENT NON-MEMBER

CULLMAN ASSOCIATION OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107

Year Built

  • Built in 1959

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 500x318x506x458
  • Home fronts a pond
  • Garden

Parking

  • 2 Detached Carport Spaces

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Crown Molding
  • Smooth Ceilings
  • Gas Log Fireplace
  • Sun or Florida Room
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage

Schools

  • Brewer High School

Farming

  • Barn
  • Pasture

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1607260000.002.001

Community Details

Overview

  • Other See Remarks Community
  • Pond in Community

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$107

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1200
  • Closing Attorney: RUSSELL ORMSTEDT
  • Cullman Pic Orig I D: 100734
  • Frontage Len: 500
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 500X318X506X458
  • Road Surface Type: Paved
  • Subdivision Name: Not In Subdivision
  • Mortgage Lender: LOAN DEPOT
  • Agent Only_ L A1 User Code: C805579765
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling - Smooth, Ceiling - Stippled, Counters-Laminate, Crown Molding, Freshly Painted, Handicap Features, Kitchen Island
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Fireplace Features: Gas Log
  • Full Bathrooms: 1
  • Attic: Scuttle
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl (Flooring)
  • LivingArea: 1200
  • Price Per S Q F T: 104.17
  • Total Bedrooms: 2
  • Room Type: Sunroom (RoomType)

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Lot Features: Garden (LotFeatures), Pasture (LotFeatures)
  • OtherStructures: Barn(s), Gazebo
  • Patio And Porch Features: Covered (PatioAndPorch), Front Porch, Porch
  • Roof: Metal
  • Waterfront Features: Pond (WaterfrontFeatures)
  • Fencing: Pasture
  • ExteriorFeatures: Storage (ExteriorFeat)

Garage/Parking

  • Parking Features: Carport - Detached, Gravel (ParkingFeatures)
  • Carport Spaces: 2

Utilities

  • Cooling: Electric (Cooling), Wall/Window Unit(s)
  • Heating: Central Unit, Electric (Heating), Propane (Heating)
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Community Name: Other See Remarks
  • Community Features: Pond/Lake, Rural, Street Lights, Suitable for Horses

Lot Info

  • Range Aces: 3-5.99 acres
  • Acres: 5
  • Parcel Num: 1607260000.002.001

Building Info

  • Year Built: 1959
  • BuildingAreaTotal: 1200

Tax Info

  • Tax Annual Amount: 107

MLS Schools

  • HighSchool: Brewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 14, 2018
Sold by
Powers Janie A and Powers Larry
Bought by
Borden Jonathan Scott
Seller's Agent
Holly Moody
eXp Central
Buyer's Agent
AGENT NON-MEMBER
CULLMAN ASSOCIATION OF REALTORS
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$246,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,817
Avg. Annual Appreciation
9.66%
Original Mortgage
$122,735
Outstanding Balance
$106,145
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$140,672
Source: Public Records

Range of Values:

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Average Value
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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
Borden Jonathan Scott $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borden Jonathan Scott $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $125,000 -3.8% $104 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $129,900 -- $108 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $587 $17,130 $5,320 $11,810
2023 $587 $16,310 $4,500 $11,810
2022 $493 $14,600 $4,110 $10,490
2021 $708 $11,160 $2,400 $8,760
2020 $708 $19,920 $2,400 $17,520
2019 $708 $18,920 $0 $0
2015 -- $4,740 $0 $0
2014 -- $4,680 $0 $0
2013 -- $4,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 406482

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 16-07-26-0-000-002.001