NOT LISTED FOR SALE

407 Bay Tree Ln SW Huntsville, AL 35824

Lake Forest Neighborhood

Estimated Value: $320,019 - $350,000

4 Beds
2 Baths
1,932 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $195,951 $101 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,956/month

84 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Tennis Courts
  • Craftsman Architecture
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of January 2017

Holiday Special $5000.00 Rest. Apply close by 1/31/17 W/ Pref. Lender! This home already has blinds and SXS SS frig installed! This is one of DR Horton's most flexible floor plans. Rooms for living the active lifestyle. Kitchen is furnished with recessed lighting, Pendant lights at counter top height bar Granite Kitchen Countertops. Hardwood flooring that flows into all the adjoining living spaces. The Great Room is welcoming Four bedrooms allow for flexibility and organization! The Magnolia Village Community is a part of the Lake Forest Master Plan of Communities and enjoys all the extensive amenities including private security patrols. Model home open Mon.-Sat. 10-6 Sun. 1-6

Last Agent to Sell the Property

Brenda North

DHI Realty License #81443 Listed on: 05/07/2016

Co-Listed By

Kena Brannan

Meritage Homes of Alabama License #99201

Last Buyer's Agent

Whitney Stringer

RE/MAX Unlimited License #95322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Lot Details

  • 8,668

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • New Construction
  • Craftsman Architecture
  • Slab Foundation

Interior Spaces

  • 1,932 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Williams Elementary School
  • Columbia High School

Additional Features

  • Lot Dimensions are 60 x 145 x 60 x 140
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 20071025000747860

Community Details

Overview

  • Lake Forest Association
  • Magnolia Village Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Living Area: 1932
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60 x 145 x 60 x 140
  • Co List Office Mls Id: 118600
  • Subdivision Name: Magnolia Village
  • Architectural Style: Bungalow/Craftsman, Ranch/1 Story
  • New Construction: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Foundation Details: Slab
  • Property Condition: New Construction

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Lake Forest
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 20071025000747860
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 12

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Jan 31, 2017
Sold by
D R Horton Inc
Bought by
Wong Gregory G
Seller's Agent
Brenda North
DHI Realty
Buyer's Agent
Whitney Stringer
RE/MAX Unlimited
List Price
$186,070
Sold Price
$195,951
Premium/Discount to List
$9,881
5.31%
Current Estimated Value
$337,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,054
Avg. Annual Appreciation
6.43%
Original Mortgage
$130,000
Outstanding Balance
$107,935
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$229,070
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
Wong Gregory G $195,951 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Gregory G $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2017 05/04/17 Off Market $195,951 -- --
01/31/2017 01/31/17 Sold $195,951 +5.3% $101 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $186,070 -- $96 / 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 $1,520 $27,040 $6,000 $21,040
2023 $1,520 $26,780 $6,000 $20,780
2022 $1,266 $22,660 $4,260 $18,400
2021 $1,213 $21,740 $4,260 $17,480
2020 $977 $17,680 $3,500 $14,180
2019 $977 $17,680 $3,500 $14,180
2018 $970 $17,560 $0 $0
2017 $2,036 $35,100 $0 $0
2016 $232 $4,000 $0 $0
2015 $232 $4,000 $0 $0
2014 $232 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brenda North

    DHI Realty

  • Kena Brannan

    Seller Co-Listing Agent in 2017

    Kena Brannan

    Meritage Homes of Alabama

    (256) 975-8971

    6 Total Sales

    Kena Brannan
    Section Image
  • Whitney Stringer

    Buyer's Agent in 2017

    Whitney Stringer

    RE/MAX

    (256) 617-2619

    3 in this area

    89 Total Sales

    Whitney Stringer
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1044318

ValleyMLS.com

APN: 16-08-34-0-000-015.047

Alabama Madison County Huntsville 35824 Lake Forest

407 Bay Tree Ln SW, Huntsville, AL

This home is located at 407 Bay Tree Ln SW, Huntsville, AL 35824 since 07 May 2016 and is currently estimated at $337,005, approximately $174 per square foot. 407 Bay Tree Ln SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

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