NOT LISTED FOR SALE

501 Patton Chapel Way Unit 501 Hoover, AL 35226

Estimated Value: $136,000 - $172,000

2 Beds
2 Baths
1,148 Sq Ft
$208/mo HOA Fee

Last Sold May 30, 2018

Last sale price $85,000 $74 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,061/month

12 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Balcony
  • Gwin Elementary School Rated A
  • Tennis Courts
  • Walk-In Closet

About This Home

As of May 2018

ONE-LEVEL LIVING AT IT'S BEST! From CONVENIENT LOCATION to BEAUTIFUL UPDATES, you really can have it all in this TURNKEY residence. Inside, neutral walls wrap the room & light floods in through a generous use of windows. The spacious living room is the perfect place to entertain friends and family, w/access to the covered balcony. Cabinet space and a generous-sized pantry make prepping for mealtime a breeze, with a dining area for effortless serving. The master bedroom is a well-appointed retreat that creates a pampering haven w/walk-in closets and ensuite bath. Overnight guests can rest peacefully in their own private space with access to a guest bath.This cozy 2BD/2BA condo is set amongst manicured grounds within a private complex offering lifestyle amenities incl. pool, tennis, and clubhouse. With its proximity to shops, eateries, HOOVER SCHOOLS & groceries, this home provides all the elements for relaxing, comfortable & easy care living. Welcome Home!

Last Agent to Sell the Property

Collier Swecker

RE/MAX Advantage License #000087434 Listed on: 03/26/2018

RE/MAX Advantage

Co-Listed By

Carin Charles

RE/MAX Advantage

Last Buyer's Agent

Louis Josof

Louis Josof Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $477

Year Built

  • Built in 1970

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Dining Room

Kitchen

  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-14-2-006-100.313

Community Details

Overview

  • Mckay Management Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$477

Year Built

Built in 1970

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Public Road
  • Living Area: 1148
  • Legal Description: UNIT 501 PATTON CREEK CONDOS PLAT 220/95 PLUS .597% INT IN THE COMMON ELEMENT
  • Condo Level: 1
  • Dual or Variable Rate Commission: Yes
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: HOA
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Floors: Tile Floor, Vinyl
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator, Stove-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1148

Exterior Features

  • Construction: 1 Side Brick, Siding-Wood
  • Exterior Features: Balcony
  • Foundation: Slab
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking, Unassigned Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1148

Condo/Co-op/Association

  • Amenities: Clubhouse, Sidewalks, Tennis Courts
  • Condo Fees: Yes
  • Condo Association Fee: 208
  • Condo Fee Per: Monthly
  • HOA Management Company: McKay Management

Lot Info

  • Assessor Parcel Number: 39-00-14-2-006-100.313

Tax Info

  • Tax Database Id: 1
  • Tax District: HOOVER
  • Annual Tax: 477
  • Assessor Parcel Number: 01073-39-00-14-2-006-100.313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 30, 2018
Sold by
Daisy Hill Properties Llc
Bought by
Swetz Ann Marie and Swetz Keith Mark
Seller's Agent
Collier Swecker
RE/MAX Advantage
Buyer's Agent
Louis Josof
Louis Josof Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$145,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,683
Avg. Annual Appreciation
7.54%
Original Mortgage
$76,415
Outstanding Balance
$62,040
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$85,271

Purchase Details

Closed on
Aug 1, 2017
Sold by
Lovett James Brian
Bought by
Daisy Hill Properties Llc

Purchase Details

Closed on
May 7, 2007
Sold by
Hill Charles R and Hill Vicki B
Bought by
Lovett James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
5.37%
Mortgage Type
Unknown
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
Swetz Ann Marie $85,000 --
Daisy Hill Properties Llc $52,500 --
Lovett James B $116,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swetz Ann Marie $76,415
Previous Owner Lovett James B $93,520
Previous Owner Lovett James B $23,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $85,000 0.0% $74 / Sq Ft
03/26/2018 03/26/18 For Sale $85,000 -- $74 / Sq Ft
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 $1,046 $15,140 -- $15,140
2022 $780 $6,760 $0 $6,760
2021 $686 $6,760 $0 $6,760
2020 $567 $6,760 $0 $6,760
2019 $513 $7,800 $0 $0
2018 $1,121 $15,440 $0 $0
2017 $477 $7,300 $0 $0
2016 $477 $7,300 $0 $0
2015 $489 $7,460 $0 $0
2014 $555 $7,200 $0 $0
2013 $555 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Collier Swecker

    Seller's Agent in 2018

    Collier Swecker

    RE/MAX

    (205) 249-3535

    6 in this area

    78 Total Sales

    Collier Swecker
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Carin Charles

    RE/MAX

    (205) 533-0877

    9 in this area

    79 Total Sales

    Carin Charles
    Section Image
  • Louis Josof

    Buyer's Agent in 2018

    Louis Josof

    Louis Josof Realty

    (205) 585-6116

    1 in this area

    10 Total Sales

    Louis Josof
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 811135

Greater Alabama MLS

APN: 39-00-14-2-006-100.313

Alabama Jefferson County Hoover 35226

501 Patton Chapel Way Unit 501, Hoover, AL

Not Listed for Sale

Condos

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