NOT LISTED FOR SALE

5 Old Cove Place SE Gurley, AL 35748

Estimated Value: $653,000 - $770,000

3 Beds
3.5 Baths
3,026 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $381,709 $126 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,009/month

30 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Community Pool
  • Hampton Cove Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of February 2014

PRE-SALE. SOLD BEFORE CIRCULATION.

Last Agent to Sell the Property

Zachary Frakes

NextHome Kel Mitchell License #98311 Listed on: 11/02/2013

Co-Listed By

Amy Steele

Legend Realty License #83763

Last Buyer's Agent

Tom Schuster

Quest Real Estate, LLC License #86113

Home Details

Home Type

  • Single Family

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 125 x 181

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • New Construction

Interior Spaces

  • 3,026 Sq Ft Home
  • Property has 1 Level
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Hughes Properties Association
  • Built by STONERIDGE HOMES INC
  • Mcmullen Cove Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Living Area: 3026
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 125 x 181
  • Subdivision Name: Mcmullen Cove
  • Architectural Style: Ranch/1 Story
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 3
  • Appliances: Cooktop
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First

Exterior Features

  • Builder Name: STONERIDGE HOMES INC
  • Property Condition: New Construction

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: Hughes Properties
  • Association: Yes

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Lot Size Sq Ft: 22651.2
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 3

MLS Schools

  • Elementary School: Hampton Cove
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Schuster Thomas R and Schuster Jamie L
Bought by
Jamie L Schuster And Thomas R Schuster Revoca
Current Estimated Value
$692,176

Purchase Details

Listed on
Nov 2, 2013
Closed on
Feb 18, 2014
Sold by
Stoneridge Homes Inc
Bought by
Schuster Thomas R and Schuster Jamie L
Seller's Agent
Zachary Frakes
NextHome Kel Mitchell
Buyer's Agent
Tom Schuster
Quest Real Estate, LLC
List Price
$368,355
Sold Price
$381,709
Premium/Discount to List
$13,354
3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$325,452
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 2, 2013
Closed on
Feb 14, 2014
Sold by
Stoneridge Homes Inc
Bought by
Schuster Thomas R and Schuster Jamie L
Seller's Agent
Zachary Frakes
NextHome Kel Mitchell
Buyer's Agent
Tom Schuster
Quest Real Estate, LLC
List Price
$368,355
Sold Price
$381,709
Premium/Discount to List
$13,354
3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,452
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2013
Sold by
Street Side Partners Llc
Bought by
Stoneridge Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,266
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jamie L Schuster And Thomas R Schuster Revoca -- --
Schuster Thomas R $100 None Available
Schuster Thomas R $100 None Available
Stoneridge Homes Inc $107,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuster Thomas R $325,452
Previous Owner Schuster Thomas R $325,452
Previous Owner Stoneridge Homes Inc $276,266
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2014 05/18/14 Off Market $381,709 -- --
02/14/2014 02/14/14 Sold $381,709 +3.6% $126 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/02/2013 11/02/13 For Sale $368,355 -- $122 / 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
2025 -- $62,600 $14,000 $48,600
2024 -- $59,180 $12,000 $47,180
2023 $3,220 $56,340 $12,000 $44,340
2022 $2,741 $48,080 $8,500 $39,580
2021 $2,477 $43,540 $8,500 $35,040
2020 $2,311 $40,670 $8,500 $32,170
2019 $2,252 $39,660 $8,500 $31,160
2018 $2,238 $39,420 $0 $0
2017 $2,294 $40,380 $0 $0
2016 $2,294 $40,380 $0 $0
2015 $2,294 $40,380 $0 $0
2014 $742 $12,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2014

    Zachary Frakes

    NextHome Kel Mitchell

  • Amy Steele

    Seller Co-Listing Agent in 2014

    Amy Steele

    Legend Realty

    (256) 714-5001

    4 in this area

    87 Total Sales

    Amy Steele
    Section Image
  • Tom Schuster

    Buyer's Agent in 2014

    Tom Schuster

    Quest Real Estate, LLC

    (256) 783-7059

    25 in this area

    108 Total Sales

    Tom Schuster
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 490151

ValleyMLS.com

APN: 19-02-09-0-000-005.009

Alabama Madison County Gurley 35748

5 Old Cove Place SE, Gurley, AL

Not Listed for Sale

Detached

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