NOT LISTED FOR SALE

425 Red Bay Cove Unit 38 Alabaster, AL 35114

Estimated Value: $17,539 - $246,000

0.23 Acre
$522,326 Price per Acre
10,019 Sq Ft Lot

Last Sold August 19, 2020

Last sale price $12,500

Est. 861% increase in value since last sale

Current estimated payment $717/month

287 Days on Market

Highlights

  • Fishing Allowed
  • Lake Property
  • Trails
  • Thompson Intermediate School Rated A-

About This Lot

As of August 2020

One of the last remaining cul-de-sac lots in popular Lake Forest. Approximately 0.23 acre and large enough to fit a 4,000+ square foot two-story home! CHOOSE YOUR OWN BUILDER! Zoned for Creek View Elementary School, Thompson Middle School, and Thompson High School. Located less than 1 mile from the brand new $88 million high school campus and minutes from popular dining, shopping, and entertainment destinations. Quick access to Highway 119 and Interstate 65! Fantastic location, level site, and discounted price. FREE SURVEY

Last Agent to Sell the Property

Tracy Hood

Amerisell Realty Listed on: 08/26/2019

Last Buyer's Agent

Isaac McDow

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Creek View Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-2-09-0-009-038.000

Community Details

Recreation

  • Fishing Allowed
  • Trails
  • Lake Property

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: Easements
  • Legal Description: LAKE FOREST 6TH SECTOR LOT 38
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Sewer, Water
  • Utilities On-site: Underground Utils

Condo/Co-op/Association

  • Amenities: Fishing Allowed, Walking Trails
  • Association Fee: 250
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Schools

  • Elementary School: CREEK VIEW
  • Middle School: THOMPSON
  • High School: THOMPSON

Lot Info

  • Assessor Parcel Number: 23-2-09-0-009-038.000
  • Number Acres: 0.23
  • Best Use Per Zone: Residential
  • Improvements: Curb & Gutters, Lake, Pavilion, Sidewalks, Walking Paths
  • List Price per Acre: 71304.35
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 38

Tax Info

  • Tax District: Alabaster
  • Annual Tax: 562

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: CREEK VIEW
  • High School: THOMPSON
  • Jr Middle School: THOMPSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jun 26, 2020
Sold by
Land Heven Llc
Bought by
Rudolph Larry K and Rudotph Connie C
Seller's Agent
Tracy Hood
Amerisell Realty
Buyer's Agent
Isaac McDow
Keller Williams Realty Vestavia
List Price
$19,000
Sold Price
$12,500
Premium/Discount to List
-$6,500
-34.21%
Current Estimated Value
$120,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,635
Avg. Annual Appreciation
58.55%

Purchase Details

Closed on
Jul 31, 2019
Sold by
South Point Bank
Bought by
Land Haven Llc

Purchase Details

Closed on
Apr 3, 2015
Sold by
Homesmith Llc
Bought by
Southpoint Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rudolph Larry K $12,500 South Oak Title Pelham Llc
Land Haven Llc $15,000 None Available
Southpoint Bank $438,200 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $12,500 -23.8% --
06/08/2020 06/08/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $16,400 -10.9% --
02/20/2020 02/20/20 Price Changed $18,400 -3.2% --
09/23/2019 09/23/19 For Sale $19,000 0.0% --
09/09/2019 09/09/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $19,000 -- --
Source: Greater Alabama MLS

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 $324 $6,000 $0 $0
2023 $324 $6,000 $0 $0
2022 $324 $6,000 $0 $0
2021 $324 $6,000 $0 $0
2020 $648 $0 $0 $0
2019 $648 $12,000 $0 $0
2017 $562 $10,400 $0 $0
2015 $562 $10,400 $0 $0
2014 $562 $10,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Hood

    Seller's Agent in 2020

    Tracy Hood

    Amerisell Realty

    (256) 627-7168

    6 in this area

    329 Total Sales

    Tracy Hood
    Section Image
  • Isaac McDow

    Buyer's Agent in 2020

    Isaac McDow

    Keller Williams Realty Vestavia

    (205) 621-5355

    13 in this area

    100 Total Sales

    Isaac McDow
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 860407

Greater Alabama MLS

APN: 23-2-09-0-009-038-000

Alabama Shelby County Alabaster 35114

425 Red Bay Cove Unit 38, Alabaster, AL

This home is located at 425 Red Bay Cove Unit 38, Alabaster, AL 35114 since 26 August 2019 and is currently estimated at $120,135. 425 Red Bay Cove Unit 38 is a home located in Shelby County with nearby schools including Thompson Intermediate School, Thompson Middle School, and Thompson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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