NOT LISTED FOR SALE

40 Old Cobb Farm Ln SE Huntsville, AL 35803

Estimated Value: $361,000 - $406,000

3 Beds
2 Baths
1,870 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $365,000 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,322/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Central Heating and Cooling System
  • Privacy Fence
  • Virgil Grissom High School Rated A-
  • 2 Car Garage
  • Gas Log Fireplace

About This Home

As of February 2024

Beautiful custom home, only 5 years old! Designer features start right when you walk in the door with a custom drop zone in the large foyer, patterned tile in the guest bathroom, oversized laundry room with tons of storage space, gorgeous kitchen with granite countertops paired with a striking, contrasting backsplash tile. Privacy fenced backyard, just 3 houses away from the neighborhood entrance to Aldridge Creek trails.

Last Agent to Sell the Property

Chelsea McKinney

Leading Edge R.E. Group-Mad. License #104703 Listed on: 01/16/2024

Last Buyer's Agent

Tracy Bond

Legend Realty License #133513

Legend Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 78 x 147 x 48 x 121
  • Privacy Fence
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,870 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Challenger Elementary School
  • Grissom High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 2304171001002.047

Community Details

Overview

  • Property has a Home Owners Association
  • Cobbs Cove Subdivision Homeowners Association Inc Association, Phone Number (256) 808-8719
  • Cobbs Cove Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,110

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1870
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 78 x 147 x 48 x 121
  • Road Surface Type: Concrete
  • Subdivision Name: Cobbs Cove
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2019
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Cooktop, Dishwasher, Disposal, Oven, Microwave, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Room Living Room Area: 304
  • Room Kitchen Area: 165
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 255
  • Room Dining Room Area: 99

Exterior Features

  • Fencing: Privacy
  • Lot Features: Cul-De-Sac, Sprinkler Sys
  • Exterior Features: Curb/Gutters, Sidewalk
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Common Grounds
  • Association Name: Cobbs Cove Subdivision Homeowners Association Inc
  • Phone: 256-808-8719
  • Association: Yes

Schools

  • Middle Or Junior School: Challenger

Lot Info

  • Parcel Number: 2304171001002.047
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 48

MLS Schools

  • Elementary School: Challenger
  • High School: Grissom High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Powell Margaret Mae Lee and Powell William Guild
Bought by
Powell Margaret Mae Lee
Current Estimated Value
$386,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$290,217
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$89,540

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 23, 2024
Sold by
Bromley Jessica
Bought by
Powell Margaret Mae Lee and Powell William Guild
Seller's Agent
Chelsea McKinney
Leading Edge R.E. Group-Mad.
Buyer's Agent
Tracy Bond
Legend Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$292,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2018
Closed on
Feb 28, 2019
Sold by
Leehouse Homebuilding Llc
Bought by
Bromley Jessica
Seller's Agent
Laurel Glidden
Glidden Real Estate Services
Buyer's Agent
Chelsea McKinney
Leading Edge R.E. Group-Mad.
List Price
$243,750
Sold Price
$253,808
Premium/Discount to List
$10,058
4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$246,194
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Powell Margaret Mae Lee -- None Listed On Document
Powell Margaret Mae Lee $365,000 None Listed On Document
Bromley Jessica $253,808 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Margaret Mae Lee $292,000
Previous Owner Powell Margaret Mae Lee $292,000
Previous Owner Bromley Jessica $247,500
Previous Owner Bromley Jessica $246,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $365,000 -2.7% $195 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $375,000 +47.7% $201 / Sq Ft
06/16/2019 06/16/19 Off Market $253,808 -- --
02/28/2019 02/28/19 Sold $253,808 +4.1% $136 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $243,750 -- $130 / 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 $2,110 $37,200 $9,000 $28,200
2023 $2,110 $34,280 $7,000 $27,280
2022 $1,776 $31,440 $7,000 $24,440
2021 $1,654 $29,340 $7,000 $22,340
2020 $1,428 $25,440 $4,500 $20,940
2019 $394 $9,000 $9,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21851436

ValleyMLS.com

APN: 23-04-17-1-001-002.047