NOT LISTED FOR SALE

355 Cave Spring Rd Owens Cross Roads, AL 35763

Estimated Value: $799,000 - $1,332,000

4 Beds
4.5 Baths
6,478 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $1,400,000 $216 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,068/month

59 Days on Market

Highlights

  • 3.1 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Owens Cross Roads Elementary School Rated A-
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of February 2024

Assumable VA Loan @ 2.75%! Back on the market, no fault of the Seller.FROR. This magnificent home on 3 acres offers a lifestyle of unparalleled luxury, privacy, and convenience. This 4-bed, 5-bath, 3-story home has walnut hardwoods throughout and all custom cabinetry. Step inside to discover a seamless blend of modern design and timeless elegance. The heart of the house, the kitchen, features stunning marble counters, a butler pantry, and a large walk-in pantry, catering to both functionality and style.The master bedroom is a true sanctuary, complete with an opulent master bath.

Last Agent to Sell the Property

Stephanie Schrimsher

RE/MAX Alliance License #89392 Listed on: 11/18/2023

RE/MAX Alliance

Last Buyer's Agent

Shannon Freeman

Keller Williams Horizon License #84236

Keller Williams Horizon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,771

Year Built

  • Built in 2019

Lot Details

  • 3.1

Parking

  • 4 Car Garage
  • Side Facing Garage

Interior Spaces

  • 6,478 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • New Hope Elementary School
  • New Hope High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 3.1 Acre Lot

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2204170000001.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,771

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Living Area: 6478
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.1
  • Road Surface Type: Concrete
  • Subdivision Name: Metes And Bounds
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2019
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Double Oven, Gas Oven, Microwave, Refrigerator
  • Levels: Three Or More
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 224
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 180
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 168
  • Room Bedroom2 Area: 224
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 22
  • Room Bedroom2 Level: Second
  • Room Office Level: First
  • Room Living Room Area: 414
  • Room Kitchen Area: 361
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 352
  • Room Dining Room Area: 195

Exterior Features

  • Exterior Features: Sidewalk
  • Patio And Porch Features: Patio, Front Porch, Covered Porch, Covered Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Four Car Garage, Garage Faces Side

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: New Hope(7-12)

Lot Info

  • Parcel Number: 2204170000001.001
  • Lot Size Sq Ft: 135036
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Owens Cross Roads
  • High School: New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Feb 27, 2024
Sold by
Big Oaks Trust
Bought by
Uptain Joseph W and Uptain Jennifer C
Seller's Agent
Stephanie Schrimsher
RE/MAX Alliance
Buyer's Agent
Shannon Freeman
Keller Williams Horizon
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%
Views
221
Current Estimated Value
$1,022,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377,668
Avg. Annual Appreciation
-17.54%
Original Mortgage
$1,030,000
Outstanding Balance
$1,013,251
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$9,081

Purchase Details

Closed on
Apr 7, 2020
Sold by
Curry Walker Bailey
Bought by
Curry Walker Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
3.4%
Mortgage Type
VA
Source: Public Records

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
Uptain Joseph W $120,000 None Listed On Document
Uptain Joseph W $1,400,000 None Listed On Document
Curry Walker Bailey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uptain Joseph W $1,030,000
Previous Owner Curry Walker Bailey $1,035,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $1,400,000 -12.5% $216 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,600,000 -5.9% $247 / Sq Ft
12/22/2023 12/22/23 For Sale $1,700,000 0.0% $262 / Sq Ft
11/18/2023 11/18/23 For Sale $1,700,000 -- $262 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
Source: ValleyMLS.com

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 $7,771 $191,880 $13,820 $178,060
2023 $7,771 $186,520 $13,820 $172,700
2022 $6,903 $170,440 $7,640 $162,800
2021 $6,353 $156,860 $7,640 $149,220
2020 $2,964 $74,360 $3,820 $70,540
2019 $2,051 $46,620 $7,640 $38,980
2018 $1,233 $30,440 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Schrimsher

    Seller's Agent in 2024

    Stephanie Schrimsher

    RE/MAX

    (256) 655-0698

    2 in this area

    101 Total Sales

    Stephanie Schrimsher
    Section Image
  • Shannon Freeman

    Buyer's Agent in 2024

    Shannon Freeman

    Keller Williams Horizon

    (256) 679-6459

    6 in this area

    61 Total Sales

    Shannon Freeman
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 21848217

ValleyMLS.com

APN: 22-04-17-0-000-001.001

Alabama Madison County Owens Cross Roads 35763

355 Cave Spring Rd, Owens Cross Roads, AL

This home is located at 355 Cave Spring Rd, Owens Cross Roads, AL 35763 since 18 November 2023 and is currently estimated at $1,022,332, approximately $157 per square foot. This property was built in 2019. 355 Cave Spring Rd is a home located in Madison County with nearby schools including Owens Cross Roads Elementary School and New Hope High School.

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