NOT LISTED FOR SALE

40 Mcmullen Ln SE Gurley, AL 35748

Estimated Value: $1,118,000 - $1,420,000

4 Beds
4.5 Baths
5,054 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $1,035,000 $205 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,564/month

54 Days on Market

Highlights

  • Lake Front
  • Spa
  • Main Floor Primary Bedroom
  • Hampton Cove Elementary School Rated A-
  • Outdoor Fireplace
  • Double Oven

About This Home

As of October 2021

Rare opportunity to own a jewel in McMullen Cove's crown. Custom natural stone European style home with porte-cochere situated next to clubhouse on an over-sized lot. Home has exclusive use of the pond behind, making it sit on nearly 2.5 acres of professionally landscaped space. Incredible details inside & lifetime roof, gleaming solid hardwood, Electrolux appliances, wine cellar w/ ,iron door, storm shelter,water filtration, wet bar, outdoor kitchen, hotel-style koi pond, built in hot tub, and natural stone patio. The master bath is luxurious, boasting copper bathtub and new shower and tile- & a master closet guaranteed to give closet envy. Life is in the details.

Last Agent to Sell the Property

Martie Robison

Capstone Realty License #94479 Listed on: 07/27/2021

Capstone Realty

Last Buyer's Agent

Jessica Nuckols

Realty South Tennessee Valley License #114726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 118.89 x 212.73 x 90.99 x 73.04 x 214.32
  • Lake Front

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,054 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Spa
  • Outdoor Fireplace
  • Outdoor Kitchen

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • Property has a Home Owners Association
  • Mcmullen Cove HOA, Phone Number (256) 430-3088
  • Mcmullen Cove Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 1903080000007026

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Living Area: 5054
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 118.89 x 212.73 x 90.99 x 73.04 x 214.32
  • Subdivision Name: Mcmullen Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2012
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: 48 Built In Refrig, Cooktop, Dishwasher, Double Oven, Microwave, Wine Cooler
  • Levels: Two
  • Basement: Crawl Space
  • Private Spa: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 208
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 300
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 19
  • Room Bedroom2 Level: First
  • Room Office Level: Second
  • Room Living Room Area: 504
  • Room Kitchen Area: 368
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 399
  • Room Dining Room Area: 260

Exterior Features

  • Waterfront Features: Lake/Pond
  • Exterior Features: Fireplace, Hot Tub, Outdoor Kitchen

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached, Three Car Garage

Utilities

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

Condo/Co-op/Association

  • Association Name: Mcmullen Cove HOA
  • Phone: 256-430-3088
  • Association: Yes

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Parcel Number: 1903080000007026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 73

MLS Schools

  • Elementary School: Hampton Cove
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 20, 2021
Sold by
Haws Ronald and Haws Pulmellu N
Bought by
Hanks Todd Jason and De Anda Hanks
Seller's Agent
Martie Robison
Capstone Realty
Buyer's Agent
Jessica Nuckols
Realty South Tennessee Valley
List Price
$1,189,000
Sold Price
$1,035,000
Premium/Discount to List
-$154,000
-12.95%
Current Estimated Value
$1,232,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,105
Avg. Annual Appreciation
4.52%
Original Mortgage
$535,000
Outstanding Balance
$494,178
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$735,575

Purchase Details

Closed on
Oct 28, 2015
Sold by
Day Harry and Day Adrianne
Bought by
Haws Palmella N and Haws Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2012
Sold by
Red Leaf Land Llc
Bought by
Day Harry and Day Adrianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,427
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2011
Sold by
Enfinger Steele Development Inc
Bought by
Red Leaf Land Llc
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
Hanks Todd Jason $1,035,000 None Available
Haws Palmella N $772,000 None Available
Day Harry -- None Available
Red Leaf Land Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanks Todd Jason $535,000
Previous Owner Haws Palmella N $713,500
Previous Owner Haws Palmella N $82,500
Previous Owner Haws Palmella N $750,000
Previous Owner Day Adrianne R $100,000
Previous Owner Day Adrianne $433,000
Previous Owner Day Harry $421,427
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $1,035,000 -2.8% $205 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $1,065,000 -4.5% $211 / Sq Ft
09/06/2021 09/06/21 Price Changed $1,115,000 -0.9% $221 / Sq Ft
08/24/2021 08/24/21 Price Changed $1,125,000 -4.3% $223 / Sq Ft
08/19/2021 08/19/21 Price Changed $1,175,000 -1.2% $232 / Sq Ft
07/31/2021 07/31/21 For Sale $1,189,000 -- $235 / Sq Ft
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 -- $117,980 $19,000 $98,980
2023 $0 $112,040 $19,000 $93,040
2022 $5,652 $97,440 $17,000 $80,440
2021 $5,198 $90,440 $10,000 $80,440
2020 $4,816 $83,850 $10,000 $73,850
2019 $4,647 $80,930 $10,000 $70,930
2018 $4,619 $80,460 $0 $0
2017 $4,619 $80,460 $0 $0
2016 $4,619 $80,460 $0 $0
2015 $4,619 $80,460 $0 $0
2014 $4,493 $78,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1787023

ValleyMLS.com

APN: 19-03-08-0-000-007.026