NOT LISTED FOR SALE

300 Oak Mountain Crest Way Unit 1 Pelham, AL 35124

Estimated Value: $646,000 - $934,895

3 Acres
$257,491 Price per Acre
130,680 Sq Ft Lot

Last Sold September 29, 2017

Last sale price $55,000

Est. 1,304% increase in value since last sale

Current estimated payment $4,560/month

Highlights

  • Gated Community
  • Pelham Oaks Elementary School Rated A-
  • 3 Acre Lot

About This Lot

As of September 2017

Have you ever dreamed of living in a gated community that offers exclusivity and convenience? Look no further. This lot offers a beautiful view atop the crest of an exclusive private gated hilltop community located adjacent to Oak Mountain State Park! Breathtakingly nestled on a 3 acre lot that is large enough for your dreams of that home you've always wanted to come true. With limited lots left make sure you act now before it is too late.

Last Agent to Sell the Property

Shannon Wilks

Sold South Realty Listed on: 03/17/2017

Last Buyer's Agent

Shannon Wilks

Sold South Realty Listed on: 03/17/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $664

Lot Details

  • 3 Acre Lot

HOA Fees

  • $104 Monthly HOA Fees

Schools

  • Valley Elementary School
  • Riverchase Middle School
  • Pelham High School

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 14-3-08-3-000-002.013

Property Details

Property Type

Land

Est. Annual Taxes

$664

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: Home Owner Restrict., House Plan Approval
  • Legal Description: OAK MOUNTAIN PRESERVE PH 1 LOT 1 [MB40/P144]
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Gas, Phone, Water

Condo/Co-op/Association

  • Amenities: Gated- Private
  • Association Fee: 1250
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Lot Info

  • Assessor Parcel Number: 14-3-08-3-000-002.013
  • Number Acres: 3
  • Best Use Per Zone: Residential
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential, Undeveloped

Tax Info

  • Tax District: Pelham
  • Annual Tax: 664

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: VALLEY
  • High School: PELHAM
  • Jr Middle School: RIVERCHASE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Ira Innovations Llc
Bought by
Schrum Kevin and Schrum Lyndsey
Current Estimated Value
$772,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$518,101
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$254,373

Purchase Details

Closed on
Dec 13, 2018
Sold by
Cox Andrew W
Bought by
Ira Innovatiosn Llc

Purchase Details

Listed on
Mar 17, 2017
Closed on
Sep 29, 2017
Sold by
Burns Miller Pamela
Bought by
Cox Andrew W
Seller's Agent
Shannon Wilks
Sold South Realty
Buyer's Agent
Shannon Wilks
Sold South Realty
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.68%

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 27, 2015
Sold by
Renasant Bank
Bought by
Burns Pam
Seller's Agent
David Mason
RealtySouth-OTM-Acton Rd
Buyer's Agent
David Mason
RealtySouth-OTM-Acton Rd
List Price
$53,700
Sold Price
$58,000
Premium/Discount to List
$4,300
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.97%
Original Mortgage
$47,221
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Schrum Kevin $650,000 None Available
Ira Innovatiosn Llc $61,000 None Available
Cox Andrew W $55,000 None Available
Burns Pam $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrum Kevin $585,000
Previous Owner Burns Pam $47,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2017 09/29/17 Sold $55,000 -15.4% --
08/15/2017 08/15/17 Price Changed $65,000 +18.2% --
08/03/2017 08/03/17 Price Changed $55,000 -21.4% --
03/17/2017 03/17/17 For Sale $70,000 +20.7% --
01/28/2015 01/28/15 Sold $58,000 +8.0% -- View Prior Sale
12/01/2014 12/01/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $53,700 -- --
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 $4,863 $83,840 $0 $0
2023 $4,420 $76,920 $0 $0
2022 $3,969 $69,140 $0 $0
2021 $3,687 $64,280 $0 $0
2020 $844 $14,560 $0 $0
2019 $858 $14,800 $0 $0
2017 $858 $14,800 $0 $0
2015 $664 $11,440 $0 $0
2014 $664 $11,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Wilks

    Seller's Agent in 2017

    Shannon Wilks

    Sold South Realty

    (205) 587-4324

    2 in this area

    91 Total Sales

    Shannon Wilks
    Section Image

  • D

    Seller's Agent in 2015

    David Mason

    RealtySouth

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 777476

Greater Alabama MLS

APN: 14-3-08-3-000-002-013

Alabama Shelby County Pelham 35124

300 Oak Mountain Crest Way Unit 1, Pelham, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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