NOT LISTED FOR SALE

402 Rivermont Dr Sheffield, AL 35660

Estimated Value: $241,306 - $294,000

3 Beds
2 Baths
2,385 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $235,000 $99 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,518/month

63 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Den
  • 1 Fireplace
  • No HOA
  • Cooling Available

About This Home

As of November 2023

OPEN HOUSE SUNDAY 2-4 PM! Welcome home in Rivermont. This stunning three-bedroom home with a large basement offers the perfect blend of modern updates and spacious living. A complete renovation transformed this property from top to bottom about five years ago, from the floors to the ceiling. The updated kitchen boats newer cabinets and countertops. As you make your way through the home, you'll notice the updated flooring throughout and beautifully updated bathrooms. The basement, which has also been thoughtfully remodeled, offers endless possibilities. Whether you envision a recreational space, a home theater, or a home office, the expansive area will fulfill your desires. Situated on approximately half an acre of land, this property provides ample space for outdoor activities and gatherings. The roof was replaced in 2017 and the HVAC was replaced the following year.

Last Agent to Sell the Property

Chase Gallimore

EXIT Realty Shoals License #116833 Listed on: 08/02/2023

EXIT Realty Shoals

Last Buyer's Agent

Daniele Knight

MarMac Real Estate - The Shoals License #122912

MarMac Real Estate - The Shoals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.41 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,385 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Carport Spaces
  • Driveway

Schools

  • Threadgill Elementary School
  • Sheffield Middle School
  • Sheffield High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Sheffield Community
  • Rivermont #5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-03-06-4-003-032.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1968 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2385
  • Built Before 1978 (Y/N): Yes
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 17860 SF
  • Multiple Level Y N: No
  • Sp Lp Percent: 98.33
  • Subdivision Name: Rivermont #5
  • Carport: Yes
  • GarageYN: No
  • Agent Only_ L A1 User Code: S297_1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 1
  • Basement: Exterior Entry, Finished
  • Three Quarter Bathrooms: 1
  • Basement YN: Yes
  • Flooring: Tile (Flooring), Vinyl (Flooring), Wood (Flooring)
  • LivingArea: 2385
  • Price Per S Q F T: 98.53
  • Total Bedrooms: 3
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Main Level Bedrooms: 3
  • Room Type: Bath 3/4, Bath 1, Bedroom (RoomType), Bedroom 1, Bedroom 2, Bonus Room (RoomType), Den (RoomType), Dining Room (RoomType), Kitchen (RoomType), Laundry (RoomType), Living Room (RoomType)

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Patio And Porch Features: Patio
  • Roof: Asphalt (Roof)
  • Waterfront: No
  • Property Condition: Update/Remodeled

Garage/Parking

  • Parking Features: Driveway
  • Carport Spaces: 2

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Electric (Heating)
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup

Condo/Co-op/Association

  • Association: No
  • Community Name: Sheffield

Schools

  • Elementary School: Threadgill
  • Middle School: Sheffield
  • High School: Sheffield

Lot Info

  • Acres: 0.41
  • Parcel Num: 13-03-06-4-003-032.000

Building Info

  • Year Built: 1968
  • BuildingAreaTotal: 2385

Tax Info

  • Year: 2022
  • Tax Annual Amount: 850.01

MLS Schools

  • Elementary School: Threadgill
  • Middle School: Sheffield
  • HighSchool: Sheffield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Nov 22, 2023
Sold by
Hammer Jade E and Hammer Ronald C
Bought by
Stanford Jean A
Seller's Agent
Chase Gallimore
EXIT Realty Shoals
Buyer's Agent
Daniele Knight
MarMac Real Estate - The Shoals
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Views
218
Current Estimated Value
$265,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,577
Avg. Annual Appreciation
8.41%
Original Mortgage
$220,743
Outstanding Balance
$217,963
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
$52,686

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 23, 2017
Sold by
Hamm Johnny and Hamm Jena W
Bought by
Hammer Ronald C and Hammer Jade E
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$151,182
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 31, 2015
Closed on
Jan 12, 2016
Sold by
Madden Joni James and Tate Hamm
Bought by
Hamm Johnny and Hamm Jena W
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.51%
Original Mortgage
$80,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Stanford Jean A $235,000 Attorney Only
Hammer Ronald C $148,000 --
Hamm Johnny $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanford Jean A $220,743
Previous Owner Hammer Ronald C $151,182
Previous Owner Hamm Johnny $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $235,000 -1.7% $99 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $239,000 -2.4% $100 / Sq Ft
08/30/2023 08/30/23 Price Changed $244,900 -2.0% $103 / Sq Ft
08/11/2023 08/11/23 Price Changed $249,900 -3.5% $105 / Sq Ft
08/02/2023 08/02/23 For Sale $259,000 +75.0% $109 / Sq Ft
02/24/2017 02/24/17 Sold $148,000 -7.4% $64 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $159,900 +219.8% $70 / Sq Ft
01/12/2016 01/12/16 Sold $50,000 -37.4% $20 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
12/31/2015 12/31/15 For Sale $79,900 -- $31 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $852 $17,380 $1,100 $16,280
2023 $852 $17,380 $0 $0
2022 $850 $17,340 $0 $0
2021 $684 $14,120 $0 $0
2020 $646 $13,380 $0 $0
2019 $646 $13,380 $0 $0
2018 $646 $13,380 $0 $0
2017 $668 $12,980 $0 $0
2016 $345 $13,080 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 512249

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 13-03-06-4-003-032.000