NOT LISTED FOR SALE

281 Water Tower Loop Laceys Spring, AL 35754

Estimated Value: $163,000 - $188,000

3 Beds
2 Baths
1,215 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $142,000 $117 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $982/month

5 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Garage
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of October 2021

ADORABLE house located right off of Memorial Parkway. Desirable floor-plan, stainless steel appliances, fresh paint 2021, and new roof 2019. Level lot with picturesque country setting. Convenient to Redstone Arsenal and all of Huntsville's best shopping and dining!

Last Listed By

Rebecca Eby

Exit Total Realty License #121686 Listed on: 08/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $374

Year Built

  • 1987

Lot Details

  • 0.4 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,215 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Union Hill Elementary School
  • Brewer High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Morgan Heights Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1030907250001032.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$374

Year Built

1987

Lot Details

0

Parking

1

Listing Details

  • Living Area: 1215
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: Morgan Heights
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None
  • Year Built (Public Record): 1987

Interior Features

  • Total Bedrooms: 3
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom3 Area: 110
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 121
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Family Room Area: 240
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 121

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Union Hill

Lot Info

  • Parcel Number: 1030907250001032.000
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: x
  • Tax Lot: 8

MLS Schools

  • Elementary School: Union Hill
  • High School: Brewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 13, 2021
Sold by
Lake James Edward
Bought by
Vaughn Jessica Leanne
Seller's Agent
Rebecca Eby
Exit Total Realty
Buyer's Agent
Jennifer Minyard
Epique Realty Inc
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%
Total Days on Market
5
Current Estimated Value
$171,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,447
Avg. Annual Appreciation
5.44%
Original Mortgage
$137,740
Outstanding Balance
$126,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$44,486

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 15, 2020
Sold by
Clayton Emily I
Bought by
Lake James Dward
Seller's Agent
The Martha Webster Team
RE/MAX Unlimited
Buyer's Agent
Jennifer Michaels
RE/MAX Unlimited
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.23%
Original Mortgage
$98,188
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 4, 2019
Closed on
Jan 16, 2020
Sold by
Speegle Austin and Speegle Summer Kemp
Bought by
Clayton Emily K
Seller's Agent
Regina James
Southern Elite Realty
Buyer's Agent
Jennifer Michaels
RE/MAX Unlimited
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$95,959
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2016
Closed on
Mar 30, 2017
Sold by
Gibbs Jason and Gibbs Kristle
Bought by
Speegle Austin and Kemp Summer
Seller's Agent
Joan Harper
BH&G Southern Premiere Agency
Buyer's Agent
Regina James
Southern Elite Realty
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Israel Richard C and Israel April D
Bought by
Us Bank Na

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
Vaughn Jessica Leanne $142,000 None Available
Lake James Dward $100,000 None Available
Clayton Emily K $95,000 None Available
Speegle Austin $72,000 None Available
Us Bank Na $90,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Jessica Leanne $137,740
Previous Owner Lake James Dward $98,188
Previous Owner Clayton Emily K $95,959
Previous Owner Israel Richard C $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $142,000 +1.4% $117 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $140,000 +40.0% $115 / Sq Ft
09/06/2020 09/06/20 Off Market $100,000 -- --
05/15/2020 05/15/20 Sold $100,000 +5.3% $82 / Sq Ft
04/17/2020 04/17/20 Off Market $95,000 -- --
03/16/2020 03/16/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $100,000 +5.3% $82 / Sq Ft
01/16/2020 01/16/20 Sold $95,000 0.0% $78 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $95,000 0.0% $78 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $95,000 -2.0% $78 / Sq Ft
08/29/2019 08/29/19 Price Changed $96,900 -3.0% $80 / Sq Ft
07/04/2019 07/04/19 For Sale $99,900 +38.8% $82 / Sq Ft
07/02/2017 07/02/17 Off Market $72,000 -- --
03/30/2017 03/30/17 Sold $72,000 -19.9% $59 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
07/28/2016 07/28/16 For Sale $89,900 +247.1% $74 / Sq Ft
05/08/2016 05/08/16 Off Market $25,900 -- --
02/05/2016 02/05/16 Sold $25,900 -26.8% $20 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $35,400 -- $28 / 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
2023 $374 $11,430 $700 $10,730
2022 $754 $10,080 $630 $9,450
2021 $297 $8,870 $990 $7,880
2020 $297 $14,010 $990 $13,020
2019 $297 $9,380 $0 $0
2015 $252 $8,180 $0 $0
2014 $252 $8,180 $0 $0
2013 -- $7,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: ValleyMLS.com

MLS Number: 1789024

ValleyMLS.com

APN: 09-07-25-0-001-032.000