NOT LISTED FOR SALE

2330 Pine Lake Dr NW Arab, AL 35016

Estimated Value: $709,000 - $816,000

4 Beds
6 Baths
5,816 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $506,000 $87 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,204/month

1,029 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Radiant Floor
  • Arab Primary School Rated 10
  • Multiple Fireplaces
  • Main Floor Primary Bedroom

About This Home

As of April 2020

Secluded paradise..very private 4.2 acres incl your own "Magnificent cascading WATERFALL!" Custom designed 5816+/- sq. ft. home, open airy with maximum 16 ft. ceilings, 3 fp, 4 bd, 4 full ba, plus 2 half ba(all ba's are tile), 2 wet bars. Fully equipped kit w/ 2 cook tops, double oven. Home features a 10 seat theater room. Walkout lower level with lots of windows, patio and deck, has game room w/ storm shelter (can be used as extra kit or crafts), wine cellar. Most rooms have a view of water or waterfalls. 4 Car gar, plus one R.V. Hibay. This home is electronically controlled including grounds & entry w/ video surveliance and alarm. Appt Only!

Last Agent to Sell the Property

Karen Harrison

RE/MAX Alliance License #65862 Listed on: 05/04/2017

RE/MAX Alliance

Last Buyer's Agent

Morgan Wilson

Leading Edge Arab License #122399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1995

Lot Details

  • 4.19 Acre Lot
  • Home fronts a stream
  • Lake Front

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cellulose Insulation
  • Roof Vent Fans

Interior Spaces

  • 5,816 Sq Ft Home
  • Central Vacuum
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Radiant Floor
  • Attic Fan
  • Basement

Kitchen

  • Double Oven
  • Gas Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Accessible Home Design

  • Grip-Accessible Features
  • Accessible Doors
  • Doors are 36 inches wide or more

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Thermostat
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1305160002095000

Community Details

Overview

  • Pine Lake Club Association
  • Metes And Bounds Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1995

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Living Area: 5816
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.19
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Cellulose Insulation, Powered Roof Vent, Thermostat, Wh Hs Attic Fan
  • Property Attached Yn: No
  • Year Built: 1995
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Appliances: Central Vac, Cooktop, Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Oven, Gas Water Heater, Grill Top, Microwave, Refrigerator, Trash Compactor
  • Basement: Basement
  • Accessibility Features: 36 Inch Doors, Barrier Free Counter/Rmps, Stall Shower, Grip-Accessible Features, Accessible Doors
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplace Features: Gas Log, Three +, Wood Burning
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • View: Water
  • Waterfront Features: Stream, Lake/Pond, Stream/Creek

Utilities

  • Heating: Central 2, Natural Gas, Radiant Floor
  • Cooling: Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Association Name: Pine Lake Club
  • Association: Yes

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1305160002095000
  • Lot Size Sq Ft: 182516.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: NA

MLS Schools

  • Elementary School: Arab Elementary School
  • High School: Arab High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Apr 24, 2020
Sold by
Moore Virgil V and Moore Billie Joe
Bought by
Bankston Charles T
Seller's Agent
Karen Harrison
RE/MAX Alliance
Buyer's Agent
Morgan Wilson
Leading Edge Arab
List Price
$595,000
Sold Price
$506,000
Premium/Discount to List
-$89,000
-14.96%
Current Estimated Value
$753,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,495
Avg. Annual Appreciation
7.49%
Original Mortgage
$759,000
Outstanding Balance
$746,835
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$6,660
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
Bankston Charles T $506,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bankston Charles T $759,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Off Market $506,000 -- --
04/24/2020 04/24/20 Sold $506,000 -3.6% $87 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
09/29/2019 09/29/19 Price Changed $525,000 -4.5% $90 / Sq Ft
09/04/2019 09/04/19 Price Changed $550,000 -4.3% $95 / Sq Ft
10/01/2018 10/01/18 Price Changed $575,000 -3.4% $99 / Sq Ft
12/21/2017 12/21/17 For Sale $595,000 +17.6% $102 / Sq Ft
12/07/2017 12/07/17 Off Market $506,000 -- --
08/26/2017 08/26/17 Price Changed $595,000 -4.8% $102 / Sq Ft
07/15/2017 07/15/17 Price Changed $625,000 -7.4% $107 / Sq Ft
05/04/2017 05/04/17 For Sale $675,000 -- $116 / 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 $2,606 $72,380 $0 $0
2023 $2,434 $69,240 $0 $0
2022 $2,678 $67,440 $0 $0
2021 $2,470 $62,300 $0 $0
2020 $1,732 $55,200 $0 $0
2017 $1,832 $58,140 $0 $0
2015 -- $56,220 $0 $0
2014 -- $56,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Harrison

    Seller's Agent in 2020

    Karen Harrison

    RE/MAX

    (256) 226-5062

    120 Total Sales

    Karen Harrison
    Section Image

  • M

    Buyer's Agent in 2020

    Morgan Wilson

    Leading Edge Arab

    (256) 270-1600

    19 Total Sales

    Morgan Wilson
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1068385

ValleyMLS.com

APN: 130516-0-002-095000

Alabama Marshall County Arab 35016

2330 Pine Lake Dr NW, Arab, AL

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