NOT LISTED FOR SALE

3407 River Terrace Dr Vestavia, AL 35223

Estimated Value: $502,000 - $536,000

4 Beds
4 Baths
2,663 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $300,000 $113 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,065/month

1 Day on Market

Highlights

  • Heavily Wooded Lot
  • Deck
  • Main Floor Primary Bedroom
  • Vestavia Hills Elementary Liberty Park Rated A+
  • Wood Flooring
  • Attic

About This Home

As of May 2019

Don't miss out on this great buy in River Terrace. Beautiful quiet neighborhood so convenient to school, interstate, The Summit, Cahaba Heights and Churches. Plus less than a block to the Cahaba River Launch. Great house on a huge lot, just waiting for someone to make it their own. New Exterior Paint in great neutral color. Newer Roof. Large main level Master Suite, 3 additional upstairs bedrooms. Sun Room, large Family Room plus separate Living and Dining Room. Don't miss this great buy!!

Last Agent to Sell the Property

Tommy Walker

ARC Realty Vestavia Listed on: 05/01/2019

ARC Realty Vestavia

Co-Listed By

Leslie Walker

ARC Realty Vestavia

Last Buyer's Agent

Freda Williams

RE/MAX Advantage South

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1987

Lot Details

  • 0.43 Acre Lot
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Heavily Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Play Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 28-00-12-2-000-005.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2413
  • Legal Description: LOT 3 RIVER TERRACE 1ST SECT 117/4
  • List Price per Sq Ft: 123.91
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1987
  • Price Per Sq Ft: 112.65
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Gas Starter, Insert, Gas Logs
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Carpet, Hardwood
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Concatenated Rooms: |Kitchen1|Den1|DiningRoom1|Living1|MasterBR1|MasterBath1|Bedroom2|Bedroom2|Bedroom2|FullBath2|Laundry2|Play/RecB|HalfBath1|HalfBathB|Sunroom1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Den/Family, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Living, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Laundry, On Level: 2
  • Room 12: Play/Rec, On Level: B
  • Room 13: Half Bath, On Level: 1
  • Room 14: Half Bath, On Level: B
  • Room 15: Sunroom, On Level: 1
  • Basement Rooms: Half Bath (LVL BSMT), Play/Rec (LVL BSMT)
  • Rooms Level 1: Den/Family (LVL 1), Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Laundry (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Microwave Built-In, Oven-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 250
  • Unfinished Basement Sq Ft: 1444
  • Main Level Sq Ft: 1658
  • Upper Level Sq Ft: 755

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick, Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Fenced Yard, Sprinkler System
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Driveway Parking

Utilities

  • Heating: Central (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2663

Schools

  • Elementary School: VESTAVIA-LIBERTY PARK
  • Middle School: LIBERTY PARK
  • High School: VESTAVIA HILLS

Lot Info

  • Assessor Parcel Number: 28-00-12-2-000-005.000
  • Lot Description: Heavy Treed Lot, Interior Lot, Subdivision
  • Number Acres: 0.433

Tax Info

  • Tax District: VESTAVIA HILLS
  • Annual Tax: 2597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
May 30, 2019
Sold by
Fan Jinda
Bought by
Jones Donald Ray and Jones Meredith Lowery
Seller's Agent
Tommy Walker
ARC Realty Vestavia
Buyer's Agent
Freda Williams
RE/MAX Advantage South
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$514,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,819
Avg. Annual Appreciation
8.27%
Original Mortgage
$285,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2012
Closed on
Apr 22, 2013
Sold by
Mason Lawrence Leland
Bought by
Fan Jinda and Peng Jian
Seller's Agent
George Stewart
RE/MAX Realty Brokers
Buyer's Agent
Robin Owings
RealtySouth-MB-Crestline
List Price
$349,500
Sold Price
$270,000
Premium/Discount to List
-$79,500
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$216,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2009
Sold by
Mason Lawrence Leland
Bought by
Mason Lawrence Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
5.04%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
Jones Donald Ray $300,000 --
Fan Jinda $270,000 --
Mason Lawrence Leland $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Donald Ray $284,000
Closed Jones Donald Ray $285,000
Previous Owner Fan Jinda $216,000
Previous Owner Mason Lawrence Leland $532,500
Previous Owner Mason Lawrence L $142,000
Previous Owner Mason Phyllis Doreen $85,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $300,000 +0.3% $113 / Sq Ft
05/01/2019 05/01/19 For Sale $299,000 +10.7% $112 / Sq Ft
04/22/2013 04/22/13 Sold $270,000 -22.7% $99 / Sq Ft
03/02/2013 03/02/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $349,500 -- $129 / 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 $3,121 $34,280 -- --
2022 $2,719 $29,930 $8,250 $21,680
2021 $2,719 $29,930 $8,250 $21,680
2020 $2,719 $29,930 $8,250 $21,680
2019 $2,381 $26,280 $0 $0
2018 $2,597 $28,620 $0 $0
2017 $2,579 $28,420 $0 $0
2016 $2,579 $28,420 $0 $0
2015 $2,579 $28,420 $0 $0
2014 $2,533 $27,260 $0 $0
2013 $2,533 $27,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 847618

Greater Alabama MLS

APN: 28-00-12-2-000-005.000