NOT LISTED FOR SALE

229 Rivermont Rd Florence, AL 35634

Estimated Value: $162,611 - $195,000

3 Beds
1.5 Baths
1,305 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $38,511 $30 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $983/month

69 Days on Market

Highlights

  • Central Heating and Cooling System
  • Dining Room
  • Ceiling Fan
  • Brooks Elementary School Rated A-

About This Home

As of November 2017

Conveniently located, this property offers 3 bedrooms, 1 bath, spacious living room and eat-in kitchen. The oversized back yard includes 2 separate storage buildings and is ready for you to make it your own. Call today! Dept. of HUD. HUD Case #011-598860. Insured with Repair Escrow, Subject to Appraisal Lead Base Paint may apply, property built in 1960. Property is owned by the US. Dept of HUD. Seller makes no representations or warranties as to property condition. HUD Homes are sold "AS-IS". Equal Housing Opportunity. Seller may contribute up to 3% for buyer's closing costs, upon Buyer request.

Last Buyer's Agent

Cortney Hunter

MarMac Real Estate - Elite Pro License #000075698-0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 110x220
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,305 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Unpaved Parking

Schools

  • Brooks Elementary And Middle School
  • Brooks High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Rivermont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-08-33-0-002-010.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1305
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 110x220
  • Shoals Pic Orig I D: 419325
  • Sp Lp Percent: 0.9
  • Subdivision Name: Rivermont
  • Agent Only_ L A1 User Code: S1_172722
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Fireplace Features: Living Room (Fireplace)
  • Bathrooms Level 1: 2
  • Full Bathrooms: 1
  • Basement: None (Basement)
  • Half Bathrooms: 1
  • Attic: Access Only
  • Flooring: Laminate
  • LivingArea: 1305
  • Price Per S Q F T: 29.51
  • Total Bedrooms: 3
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Room Type: Dining Room (RoomType)

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • Roof: Metal
  • Waterfront: No
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Driveway, Gravel (ParkingFeatures), Unpaved

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central Unit
  • Sewer: Unknown (Sewer)
  • Water Source: Public (WaterSource)

Schools

  • Elementary School: Brooks
  • Middle School: Brooks
  • High School: Brooks

Lot Info

  • Range Aces: 0-.99 acres
  • Parcel Num: 16-08-33-0-002-010.000

Building Info

  • Year Built: 1960
  • BuildingAreaTotal: 1305

MLS Schools

  • Elementary School: Brooks
  • Middle School: Brooks
  • HighSchool: Brooks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2017
Closed on
Nov 27, 2017
Sold by
Nelms Todd
Bought by
Mep Properties Llc
Buyer's Agent
Cortney Hunter
MarMac Real Estate - Elite Pro
List Price
$47,700
Sold Price
$38,511
Premium/Discount to List
-$9,189
-19.26%
Current Estimated Value
$173,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,392
Avg. Annual Appreciation
20.82%

Purchase Details

Listed on
Jul 22, 2017
Closed on
Nov 6, 2017
Sold by
Hud
Bought by
Nelms Todd
Buyer's Agent
Cortney Hunter
MarMac Real Estate - Elite Pro
List Price
$47,700
Sold Price
$38,511
Premium/Discount to List
-$9,189
-19.26%

Purchase Details

Closed on
Jan 25, 2017
Sold by
Wells Fargo Bank
Bought by
Hud

Purchase Details

Closed on
Nov 2, 2016
Sold by
Perry Randal D and Perry Susan R
Bought by
Wells Fargo Bank
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
Mep Properties Llc $38,511 None Available
Nelms Todd $3,851,100 None Available
Hud -- --
Wells Fargo Bank $44,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold $38,511 -19.3% $30 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $47,700 -- $37 / 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 $770 $20,580 $1,840 $18,740
2023 $770 $1,700 $1,700 $0
2022 $635 $16,700 $0 $0
2021 $571 $14,880 $0 $0
2020 $512 $13,200 $0 $0
2019 $492 $12,640 $0 $0
2018 $0 $11,420 $0 $0
2017 $184 $5,460 $0 $0
2016 $184 $5,460 $0 $0
2015 $184 $5,460 $0 $0
2014 $176 $5,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 103915

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 16-08-33-0-002-010.000