NOT LISTED FOR SALE

28 Magnolia Way Montevallo, AL 35115

Estimated Value: $149,624

4 Beds
2 Baths
1,436 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $37,699 $26 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $849/month

Highlights

  • Porch
  • Tile Flooring
  • Central Heating and Cooling System
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2022

This amazing home is a MUST SEE!! This 4 bedroom/ 2 bath house is newly remodeled; complete with new flooring, tile, fixtures, paint and many more features!

Last Agent to Rent the Property

Bridget Alverson

Atlas Rental Property Listed on: 10/11/2022

Last Renter's Agent

Bridget Alverson

Atlas Rental Property Listed on: 10/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • 1954

Lot Details

  • 0.94

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Porch

Schools

  • Montevallo Elementary And Middle School
  • Montevallo High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $1,075
  • Tenant pays for electric (tenant), trash removal (tenant), water (tenant)
  • 24 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

1954

Lot Details

0

Rental Info

  • Lease Term: 24 Months
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 1075
  • Tenant Pays: Electric (TENANT), Trash Removal (TENANT), Water (TENANT)
  • Rental Price: 1075

Listing Details

  • Class: RENTAL
  • Down Payment Assistance: No
  • Property Type: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Design: 1 Story
  • Interior Amenities: Washer Connection
  • Floors: Hard Tile, Vinyl/Linoleum
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom Features: Tub/Shower Combo
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room

Exterior Features

  • Construction: Siding-Vinyl
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)
  • Patio/Porch: Yes

Garage/Parking

  • Parking Features: Unassigned Parking

Utilities

  • Heating: Central Electric
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Fee Information

  • Pet Fee Amount: 1075

MLS Schools

  • Elementary School: MONTEVALLO
  • High School: MONTEVALLO
  • Jr Middle School: MONTEVALLO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Spartan Invest Llc
Bought by
Lee Sean W and Lee Katlin
Current Estimated Value
$149,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$110,752
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$38,872

Purchase Details

Closed on
Apr 18, 2024
Sold by
Panjwani Sameer
Bought by
Spartan Invest Llc

Purchase Details

Closed on
Apr 23, 2019
Sold by
Spartan Invest Llc
Bought by
Panjwani Sameer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2018
Closed on
Nov 14, 2018
Sold by
Home Deal Alabama
Bought by
Sporatan Invest Llc
Seller's Agent
Bart Stanley
Home Team Realty
Buyer's Agent
Ryan Dalessio
Keller Williams
List Price
$42,450
Sold Price
$37,699
Premium/Discount to List
-$4,751
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.90%

Purchase Details

Listed on
Jun 19, 2018
Closed on
Nov 8, 2018
Sold by
Secretary Of Housing And Urban Developme
Bought by
Alabama Home Deals
Seller's Agent
Bart Stanley
Home Team Realty
Buyer's Agent
Ryan Dalessio
Keller Williams
List Price
$42,450
Sold Price
$37,699
Premium/Discount to List
-$4,751
-11.19%

Purchase Details

Closed on
May 25, 2018
Sold by
James B Nutter & Company
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 9, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Nutter James B

Purchase Details

Closed on
Apr 24, 2015
Sold by
Goggins Charles Scott and Goggins Karen
Bought by
James B Nutter & Company

Purchase Details

Closed on
Jun 28, 2006
Sold by
Thompson Gary Wayne and Thompson Carolyn Phillips
Bought by
Goggins Charles Scott and Goggins Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Lee Sean W $160,000 None Listed On Document
Spartan Invest Llc $73,500 None Listed On Document
Panjwani Sameer $109,500 None Available
Sporatan Invest Llc $44,500 Smith Closing & Title Llc
Alabama Home Deals $37,699 Smith Closing & Title Llc
Secretary Of Hud $500 None Available
Nutter James B $46,010 None Available
James B Nutter & Company $23,940 None Available
Goggins Charles Scott $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sean W $112,000
Previous Owner Panjwani Sameer $87,600
Previous Owner Goggins Charles Scott $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Rented $1,210 0.0% --
10/11/2022 10/11/22 For Rent $1,210 +24.1% --
09/23/2020 09/23/20 Rented $975 0.0% --
03/12/2020 03/12/20 For Rent $975 0.0% --
11/14/2018 11/14/18 Sold $37,699 -11.2% $26 / Sq Ft View Prior Sale
10/23/2018 10/23/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $42,450 0.0% $29 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $42,450 0.0% $29 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $42,450 -- $29 / 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 $788 $17,900 $0 $0
2023 $736 $16,720 $0 $0
2022 $534 $12,140 $0 $0
2021 $433 $9,840 $0 $0
2020 $417 $0 $0 $0
2019 $418 $9,500 $0 $0
2017 $419 $9,520 $0 $0
2015 $157 $4,500 $0 $0
2014 -- $4,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2022

    Bridget Alverson

    Atlas Rental Property

    Section Image

  • S

    Seller's Agent in 2020

    Stephanie Devine

    Atlas Rental Property

    Section Image
  • Bart Stanley

    Seller's Agent in 2018

    Bart Stanley

    Home Team Realty

    (205) 313-6333

    2 in this area

    178 Total Sales

    Bart Stanley
    Section Image

  • R

    Buyer's Agent in 2018

    Ryan Dalessio

    Keller Williams

    (205) 910-8154

    1 in this area

    11 Total Sales

    Ryan Dalessio
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1336431

Greater Alabama MLS

APN: 26-2-03-0-002-019-000

Alabama Shelby County Montevallo 35115

28 Magnolia Way, Montevallo, AL

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