NOT LISTED FOR SALE

2831 Georgetown Dr Hoover, AL 35216

Estimated Value: $128,524 - $134,000

2 Beds
1 Bath
884 Sq Ft
$225/mo HOA Fee

Last Sold April 04, 2019

Last sale price $81,000 $92 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,097/month

13 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Den
  • Green Valley Elementary School Rated A
  • Stone Countertops
  • 5-minute walk to Georgetown Lake Park

About This Home

As of April 2019

STOP THE CAR!! Rare opportunity to own an END unit on 2nd floor w/ Private Balcony, Updated Double Paned Windows & Fully Equipped w/ Washer/Dryer! This 2 Bedroom & 1 Bathroom condo is located conveniently in the heart of Hoover w/ just a stones throw away from major interstates, shopping, restaurants & AWARD WINNING SCHOOLS! Enjoy Colonial Park's clubhouse & pool - just a brief walk from the front door! Looking for virtually no maintenance? This place has it! The HOA fee covers sewer, trash service, common grounds maintenance & utilities! Condo has been updated throughout - FRESH PAINT, LAMINATE HARDWOOD FLOORS, GRANITE COUNTERTOPS, NEW CARPET, REMODELED BATH, NEW LIGHT FIXTURES and so much more. Spacious living room/dining room combination w/ large energy efficient windows for lots of natural light. Unit has a wonderful kitchen w/ gorgeous granite countertop, tile backsplash and plenty of cabinets. Bedrooms are roomy w/ LARGE CLOSETS & NEW CARPET. All window treatments will remain.

Last Listed By

Victoria Correa

ARC Realty Cahaba Heights Listed on: 02/13/2019

ARC Realty Cahaba Heights

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $350

Year Built

  • Built in 1973

Lot Details

  • 5

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Oven
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • In Ground Pool
  • Swimming Allowed
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-12-1-002-002.359

Community Details

Overview

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, pest control, recreation facility, sewage service, utilities for comm areas
  • Mckay Management Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$350

Year Built

Built in 1973

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Living Area: 884
  • Legal Description: UNIT 2831-N COLONIAL PARK CONDOMINIUM 121/72 REAL 1811 PG 591 & UND 1/74 INT IN COMMON ELEMENT
  • Condo Level: 2
  • List Price per Sq Ft: 92.65
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: Cooks
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1973
  • Price Per Sq Ft: 91.63
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Floors: Carpet, Hardwood Laminate
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|Living/Din1|Den1|Bedroom1|Bedroom1|FullBath1|Laundry1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Den/Family, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 884

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Balcony
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • 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
  • HVAC Area: 884

Condo/Co-op/Association

  • Amenities: BBQ Area, Clubhouse, Sidewalks, Street Lights, Swimming Allowed
  • Condo Fees: Yes
  • Condo Association Fee: 225
  • Condo Fee Per: Monthly
  • HOA Management Company: McKay Management
  • Hoa Phone: 733-6700

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Recreation Facility, Sewage Service, Utilities for Comm Areas
  • Garbage Fee: Included

Schools

  • Elementary School: GREEN VALLEY
  • Middle School: SIMMONS, IRA F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-12-1-002-002.359

Green Features

  • Energy Green Features: Doub Paned Windows

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 4, 2019
Sold by
Repass Thomas
Bought by
Spaeth Matthew and Murray Kalyn
Seller's Agent
Victoria Correa
ARC Realty Cahaba Heights
Buyer's Agent
Hanna Porter
Black Clover Realty
List Price
$79,900
Sold Price
$81,000
Premium/Discount to List
$1,100
1.38%
Total Days on Market
13
Current Estimated Value
$130,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,881
Avg. Annual Appreciation
3.79%
Original Mortgage
$79,532
Outstanding Balance
$71,039
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$30,765

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 1, 2018
Sold by
Collier Kathryn Farley Est
Bought by
Repass Thomas and Repass Dalonda
Seller's Agent
Dana Billingsley
ARC Realty Cahaba Heights
Buyer's Agent
Victoria Correa
ARC Realty Cahaba Heights
List Price
$65,000
Sold Price
$64,000
Premium/Discount to List
-$1,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.37%
Original Mortgage
$51,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Range of Values:

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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
Spaeth Matthew $81,000 --
Repass Thomas $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spaeth Matthew $79,532
Previous Owner Repass Thomas $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $81,000 -1.1% $92 / Sq Ft
03/06/2019 03/06/19 Price Changed $81,900 +2.5% $93 / Sq Ft
02/13/2019 02/13/19 For Sale $79,900 +24.8% $90 / Sq Ft
06/01/2018 06/01/18 Sold $64,000 -1.5% $72 / Sq Ft
05/09/2018 05/09/18 For Sale $65,000 -- $74 / 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 $1,664 $22,920 -- $22,920
2022 $1,336 $4,820 $0 $4,820
2021 $1,227 $4,820 $0 $4,820
2020 $1,173 $4,820 $0 $4,820
2019 $397 $12,400 $0 $0
2018 $0 $6,640 $0 $0
2017 $0 $5,260 $0 $0
2016 $0 $5,260 $0 $0
2015 -- $7,200 $0 $0
2014 $468 $7,100 $0 $0
2013 $468 $6,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 840257

Greater Alabama MLS

APN: 39-00-12-1-002-002.359