NOT LISTED FOR SALE

248 Queens Gate Maylene, AL 35114

Estimated Value: $287,000 - $319,000

3 Beds
2 Baths
1,888 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $144,000 $76 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,692/month

Highlights

  • 9,103 Feet of Waterfront
  • City View
  • Bonus Room
  • Thompson Intermediate School Rated A-
  • Attic
  • Great Room with Fireplace

About This Home

As of June 2014

3 Bedroom, 2 bath and a bonus room that can be 4th bedroom. Large Living Room with white mantle and tile around face and on hearth. Large, spacious kitchen that continues into the dining area with the tile flooring. Fenced backyard is large and spacious. Master Bathroom is functional with the garden tub and separate shower and double sinks. The master Bedroom lighted fan reflects off the layered ceiling. HUD home sold as; no warranties; Equal Housing Opportunity. FHA Financing: IN (Insured) 203K Eligible. #011-632453

Last Agent to Sell the Property

Frank Nelson

Lakes & Lands, LLC License #54058-1 Listed on: 04/04/2014

Last Buyer's Agent

Annemarie Brown

Keller Williams Realty Vestavia License #000090864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,445

Year Built

  • 2005

Lot Details

  • 9,103 Feet of Waterfront
  • Interior Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Bonus Room
  • City Views
  • Attic

Kitchen

  • Built-In Microwave
  • Stainless Steel Appliances
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include common grounds mntc

Listing and Financial Details

  • Assessor Parcel Number 23-2-04-0-007-053.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

2005

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters
  • Living Area: 1888
  • Legal Description: CEDAR GROVE AT STERLING GATE SEC 2 PH 8 and RES LT LOT 252
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Split Bedroom
  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 2
  • Room 4: Bonus, On Level: 2
  • Room 5: Kitchen, On Level: 1
  • Room 6: Great Room, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Bonus (LVL 2+)
  • Kitchen Countertops: Tile (KIT)
  • Kitchen Equipment: Microwave Built-In, Some Stainless Appl
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 1438
  • Upper Level Sq Ft: 450

Exterior Features

  • Patio: Yes
  • Construction: 4 Side Brick
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Waterfront Frontage: 9103
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 50
  • Association Fee Per: Yearly

Fee Information

  • Fees Include: Common Grounds Mntc
  • Fire Fee: Included
  • Garbage Fee: Included
  • Library Fee: Included

Lot Info

  • Assessor Parcel Number: 23-2-04-0-007-053.000
  • Lot Description: Interior Lot, Subdivision
  • Lot View: Yes
  • Lot View Type: City View

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: ALABASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 20, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Kimochu Dominic Kamau
Seller's Agent
Frank Nelson
Lakes & Lands, LLC
Buyer's Agent
Annemarie Brown
Keller Williams Realty Vestavia
List Price
$145,000
Sold Price
$144,000
Premium/Discount to List
-$1,000
-0.69%
Current Estimated Value
$299,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,506
Avg. Annual Appreciation
6.67%
Original Mortgage
$139,680
Outstanding Balance
$106,363
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$193,143

Purchase Details

Closed on
Feb 28, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 28, 2005
Sold by
Professional Homebuilders Inc
Bought by
Balmer Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,450
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2004
Sold by
Greenbriar Ltd and Roensch Mary F
Bought by
Professional Homebuilders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,625
Interest Rate
5.64%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 22, 2001
Sold by
Balmer Lee
Bought by
Wells Fargo Bank Na
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
Kimochu Dominic Kamau $144,000 None Available
Secretary Of Housing & Urban Development -- None Available
Balmer Lee $174,347 --
Professional Homebuilders Inc $28,000 --
Wells Fargo Bank Na $107,920 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimochu Dominic Kamau $139,680
Previous Owner Balmer Lee $139,450
Previous Owner Professional Homebuilders Inc $113,625
Closed Balmer Lee $34,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $144,000 -0.7% $76 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $145,000 -- $77 / 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 $1,445 $26,760 $0 $0
2023 $1,324 $25,280 $0 $0
2022 $1,232 $23,580 $0 $0
2021 $1,055 $20,300 $0 $0
2020 $970 $18,720 $0 $0
2019 $931 $18,000 $0 $0
2017 $823 $16,000 $0 $0
2015 $779 $15,180 $0 $0
2014 $779 $15,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 592907

Greater Alabama MLS

APN: 23-2-04-0-007-053-000