NOT LISTED FOR SALE

2831 Georgetown Dr Unit M Hoover, AL 35216

Estimated Value: $98,000 - $107,386

1 Bed
1 Bath
725 Sq Ft
$195/mo HOA Fee

Last Sold May 27, 2016

Last sale price $45,000 $62 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $812/month

44 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Balcony
  • Green Valley Elementary School Rated A
  • Deck
  • 5-minute walk to Georgetown Lake Park

About This Home

As of May 2016

Newly updated and convenient to UAB, Sanford, downtown Birmingham, Hoover, Vestavia, shopping and with easy access to I-459, I-65 and Hwy 31, this condo in Colonial Park offers areas for residents to walk pets, as well as a nice club and pool house. The kitchen comes complete with a stove, refrigerator and built-in dishwasher. The bedroom is roomy and has two closets. There is a patio in the back. Right of redemption may apply. Contact your agent today to schedule a showing.

Last Listed By

Bart Stanley

Home Team Realty License #85357 Listed on: 02/09/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $568

Year Built

  • 1973

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Carpet

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-12-1-002-002.358

Community Details

Recreation

  • Community Pool

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$568

Year Built

1973

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 725
  • Legal Description: UNIT 2831-M COLONIAL PARK CONDOMINIUM 121/72 REAL 1811 PG 591 & UND 1/74 INT IN COMMON ELEMENT
  • Condo Level: 2
  • List Price per Sq Ft: 68.83
  • Number Levels: 1-Story
  • Property Type: Condo
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Floors: Carpet
  • Bedroom/Bathroom Features: Linen Closet
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living1|Kitchen1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 725

Exterior Features

  • Construction: 4 Side Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Balcony
  • Foundation: Slab
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Clubhouse, Street Lights
  • Condo Fees: Yes
  • Condo Association Fee: 195
  • Condo Fee Per: Monthly

Schools

  • Elementary School: GREEN VALLEY
  • Middle School: BERRY
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-12-1-002-002.358

Tax Info

  • Tax District: HOOVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 25, 2016
Sold by
Federal National Mortgage Association
Bought by
Wilson Sonya
Seller's Agent
Bart Stanley
Home Team Realty
Buyer's Agent
Wanda Lee
RealtySouth-Trussville Office
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Total Days on Market
44
Current Estimated Value
$101,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,847
Avg. Annual Appreciation
9.51%
Original Mortgage
$36,000
Outstanding Balance
$27,169
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$74,678

Purchase Details

Closed on
Dec 2, 2015
Sold by
Wallis Jane C
Bought by
Federal National Mortgage Association and C/O Ditech Financial Llc

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
Wilson Sonya $45,000 --
Federal National Mortgage Association $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Sonya $36,000
Previous Owner Wallis Jane C $46,750
Previous Owner Wallis Jane C $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $45,000 -9.8% $62 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $49,900 -- $69 / 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 $568 $8,560 -- $8,560
2022 $523 $3,980 $0 $3,980
2021 $399 $3,980 $0 $3,980
2020 $371 $3,980 $0 $3,980
2019 $326 $5,220 $0 $0
2018 $258 $4,280 $0 $0
2017 $252 $4,200 $0 $0
2016 $571 $7,860 $0 $0
2015 $558 $7,680 $0 $0
2014 $415 $3,800 $0 $0
2013 $415 $5,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 740317

Greater Alabama MLS

APN: 39-00-12-1-002-002.358