NOT LISTED FOR SALE

285 Gallatin Way Florence, AL 35634

Estimated Value: $974,000 - $1,085,000

6 Beds
5.5 Baths
5,034 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $900,000 $179 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,376/month

61 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Open Floorplan
  • Wood Flooring
  • Marble Countertops

About This Home

As of August 2022

This is truly a one of a kind custom built home featuring six bedrooms, 5.5 baths situated on over an acre in Stonegate Estates. From the chef's kitchen to abundant outdoor living space overlooking the saltwater swimming pool, this home is a rare find in one of the most sought after areas in the Shoals. The main level is very open with three bedrooms having private baths plus the second level with two additional bedrooms and an oversized bonus room. The three car garage is over 1,000 square fee with plenty of storage. Exceptional quality throughout the home featuring solid surface flooring on the main level, quartz & marble countertops, vaulted ceilings & a long list of extras. Schedule your private showing soon.

Last Agent to Sell the Property

Bryan Austin

Coldwell Banker Pinnacle Properties License #046859 Listed on: 05/02/2022

Coldwell Banker Pinnacle Properties

Last Buyer's Agent

Ed Crowell

RE/MAX Tri-State

RE/MAX Tri-State

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 2017

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 195.92 x 291.7
  • Property fronts a county road
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 5,034 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Pool Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Kitchen Island
  • Marble Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Storage In Attic

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Rain Gutters
  • Rear Porch

Schools

  • County Elementary And Middle School
  • County High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Tank

Community Details

  • Stonegate Homeowners Association
  • Florence Community
  • Stonegate Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1604200001008025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,779

Year Built

Built in 2017

Lot Details

1.3 Acres

HOA Fees

$42 per month

Parking

3

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 5034
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 195.92 x 291.7
  • Multiple Level Y N: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt (RoadSurfaceType)
  • Sp Lp Percent: 90.45
  • Subdivision Name: Stonegate Estates
  • GarageYN: Yes
  • Agent Only_ L A1 User Code: S8_11432
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling - Smooth, Ceiling-Vaulted, Counters-Marble, Counters-Quartz, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry (InteriorFeatures), Primary Bedroom Main, Primary Shower & Tub
  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan
  • Fireplace Features: Gas (Fireplace), Great Room (Fireplace)
  • Bathrooms Level 1: 4
  • Bathrooms Level 2: 2
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Attic: Floored, Storage
  • Basement YN: No
  • Flooring: Carpet, Tile (Flooring), Wood (Flooring)
  • LivingArea: 5034
  • Price Per S Q F T: 178.78
  • Window Features: Double Pane Windows
  • Total Bedrooms: 6
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Room Type: Bath (RoomType), Bath 1/2, Bath 1, Bath 2, Bath 3, Bath 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room (RoomType), Dining Room (RoomType), Great Room (RoomType), Kitchen (RoomType), Laundry (RoomType), Office (RoomType), Primary Bathroom (Room), Primary Bedroom (Room)

Beds/Baths

  • Total Bathrooms: 6

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Few Trees, Landscaped, Level, Rectangular Lot
  • Patio And Porch Features: Covered, Rear Porch
  • Roof: Architectual/Dimensional
  • View: Pool (View)
  • Waterfront: No
  • Fencing: Back Yard, Wood (Fencing)
  • ExteriorFeatures: Private Yard, Rain Gutters
  • Pool Features: In Ground, Salt Water
  • Property Condition: Standard

Garage/Parking

  • Parking Features: Concrete (Parking), Driveway, Garage - Attached, Garage Faces Side
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air, Dual, Heat Pump, Multi Units
  • Heating: 3+ Central Units, Central Unit, Heat Pump (Heating), Natural Gas
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public (WaterSource)
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Association Amenities: None (AssocAmens)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Stonegate Homeowners Association
  • Association: Yes
  • Community Name: Florence
  • Community Features: None (CommFeats)

Lot Info

  • Acres: 1.3
  • Parcel Num: 1604200001008025

Building Info

  • Year Built: 2017
  • BuildingAreaTotal: 5034

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2778.9

MLS Schools

  • Elementary School: County
  • Middle School: County
  • HighSchool: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Aug 19, 2022
Sold by
Connolly Adam and Connolly Lauren
Bought by
Vaughan Michael D and Vaughan Angela L
Seller's Agent
Bryan Austin
Coldwell Banker Pinnacle Properties
Buyer's Agent
Ed Crowell
RE/MAX Tri-State
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Current Estimated Value
$1,032,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,298
Avg. Annual Appreciation
3.95%
Original Mortgage
$800,000
Outstanding Balance
$764,277
Interest Rate
5.75%
Mortgage Type
Construction
Estimated Equity
$268,021

Purchase Details

Closed on
Aug 28, 2020
Sold by
G L Capital Llc
Bought by
Connolly Adam and Connolly Lauren

Purchase Details

Closed on
Jul 26, 2016
Sold by
Trademark Development Llc
Bought by
Connolly Adam and Connolly Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2015
Sold by
Morris Paul D and Trademark Development Llc
Bought by
Trademark Development Llc

Purchase Details

Closed on
Mar 25, 2015
Sold by
Trademark Development Llc
Bought by
Morris Paul D and Morris Kim W
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Vaughan Michael D $900,000 Attorney Only
Connolly Adam $600,000 None Available
Connolly Adam $75,000 --
Trademark Development Llc $72,500 --
Morris Paul D $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Michael D $800,000
Previous Owner Connolly Adam $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $900,000 -9.5% $179 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $995,000 0.0% $198 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $995,000 -- $198 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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
2025 -- $95,160 $0 $0
2024 -- $97,020 $9,000 $88,020
2023 $0 $8,260 $8,260 $0
2022 $3,124 $78,280 $0 $0
2021 $2,779 $69,660 $0 $0
2020 $2,541 $63,720 $0 $0
2019 $2,453 $61,520 $0 $0
2018 $2,014 $57,760 $0 $0
2017 $563 $15,000 $0 $0
2016 $563 $16,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 505197

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 16-04-20-0-001-008.025

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