$148,000
SOLD JAN 14, 2022

501 Running Brook Rd Unit 501 Hoover, AL 35226

2 Beds
2.5 Baths
1,266 Sq Ft
$250/mo HOA Fee

Recently Sold

$117 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Pond
  • Shades Mt. Elementary School Rated A+
  • Covered Deck
  • Cathedral Ceiling

About This Home

As of January 2022

OPEN SUN 11/21 2p-4p! Why pay rent when you could own a spacious two bedroom townhouse with a garage? Neutral paint, durable hardwood laminate flooring and a serene view from your private balcony welcome you home! On the main level a large living and dining space and half bath offer the entertaining space of your dreams. The living space opens to a gorgeous wooded pond view from the balcony. Upstairs, you will find two large bedrooms each with a gorgeous private bathroom and walk-in closet. New solid core doors upstairs and LVT flooring in bathrooms! The basement boasts a large laundry (and storage) room and one car garage to offer covered parking (or an additional space for entertainment if you should choose to park in the generous parking lot instead) with new garage door opener! NEW HVAC AND PUMP in 2016! SHADES MOUNTAIN, BERRY and SPAIN PARK SCHOOLS! Moments from Hoover and convenient to downtown Birmingham, Homewood and Vestavia- you won’t want to miss out on this gorgeous home!

Last Agent to Sell the Property

Leah Luker

Semaan Realty Listed on: 11/19/2021

Last Buyer's Agent

William Blackmon

LAH Sotheby's International Re License #000134818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $590

Year Built

  • Built in 1975

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Lake Views
  • Attic

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • In Ground Pool
  • Pool is Self Cleaning

Outdoor Features

  • Pond
  • Covered Deck
  • Covered patio or porch

Schools

  • Shades Mountain Elementary School
  • Berry Middle School
  • Spain Park High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, garbage collection, common grounds mntc, management fee, recreation facility, utilities for comm areas, personal lawn care, internet
  • Community Managemen Assoc Association, Phone Number (205) 879-9500

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$590

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1304271?w=PubMLS
  • Living Area: 1266
  • Legal Description: Running bk condos 29-35-4 bk 107 pg 56 lot 501
  • Condo Level: 1
  • List Price per Sq Ft: 114.53
  • Number Levels: 2+ Story
  • Property Type: Condo
  • Termite Company Name: Association Covers
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1975
  • Price Per Sq Ft: 116.9
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Floors: Carpet, Hardwood Laminate, Tile Floor, Vinyl
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|HalfBath1|Kitchen1|Bedroom2|FullBath2|MasterBR2|MasterBath2|LaundryB|
  • Room 1: Living, On Level: 1
  • Room 2: Half Bath, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Bedroom, On Level: 2
  • Room 5: Full Bath, On Level: 2
  • Room 6: Master Bedroom, On Level: 2
  • Room 7: Master Bath, On Level: 2
  • Room 8: Laundry, On Level: B
  • Basement Rooms: Laundry (LVL BSMT)
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Freezer, Microwave Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Attic: Yes
  • Unfinished Basement Sq Ft: 576
  • Main Level Sq Ft: 690
  • Upper Level Sq Ft: 576

Exterior Features

  • Patio: Yes
  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Porch
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: Cleaning System, In-Ground
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Off Street Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1266

Condo/Co-op/Association

  • Amenities: BBQ Area, Pond, Street Lights, Tennis Courts
  • Condo Fees: Yes
  • Condo Association Fee: 250
  • Condo Fee Per: Monthly
  • HOA Management Company: Community managemen assoc
  • Hoa Phone: (205) 879-9500

Fee Information

  • Fees Include: Cable TV, Garbage Collection, Common Grounds Mntc, Management Fee, Recreation Facility, Utilities for Comm Areas, Personal Lawn Care, Internet
  • Garbage Fee: Included

Schools

  • Elementary School: SHADES MOUNTAIN
  • Middle School: BERRY
  • High School: SPAIN PARK

Lot Info

  • Assessor Parcel Number: 29-00-35-4-007-054.348
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans, Energy Star Appliances, LED Lighting

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 590

MLS Schools

  • Elementary School: SHADES MOUNTAIN
  • High School: SPAIN PARK
  • Jr Middle School: BERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 14, 2022
Sold by
Wilson Michael Lance
Bought by
Warren Calvin Ray and Warren Amber
Seller's Agent
Leah Luker
Semaan Realty
Buyer's Agent
William Blackmon
LAH Sotheby's International Re
List Price
$145,000
Sold Price
$148,000
Premium/Discount to List
$3,000
2.07%
Total Days on Market
4
Current Estimated Value
$184,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,740
Avg. Annual Appreciation
6.72%
Original Mortgage
$148,000
Outstanding Balance
$137,786
Interest Rate
3.11%
Estimated Equity
$46,954

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 13, 2015
Sold by
Elliott Chad P
Bought by
Wilson Michael Lance and Wilson Quilla
Seller's Agent
Ashley Sellers
Keller Williams Realty Hoover
Buyer's Agent
Jennifer Grostick
Keller Williams Realty Hoover
List Price
$99,900
Sold Price
$103,000
Premium/Discount to List
$3,100
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$99,910
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $148,000 --
Warranty Deed $103,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 No Value Available
Closed $148,000 Cash
Previous Owner $99,910 New Conventional
Previous Owner $62,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $148,000 +2.1% $117 / Sq Ft
11/19/2021 11/19/21 For Sale $145,000 +40.8% $115 / Sq Ft
05/13/2015 05/13/15 Sold $103,000 +3.1% $81 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $99,900 -- $79 / 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 $888 $12,960 -- $12,960
2022 $0 $6,580 $0 $6,580
2021 $0 $6,800 $0 $6,800
2020 $597 $6,800 $0 $6,800
2019 $597 $8,660 $0 $0
2018 $0 $8,660 $0 $0
2017 $597 $8,960 $0 $0
2016 $661 $9,840 $0 $0
2015 $661 $9,840 $0 $0
2014 $713 $10,720 $0 $0
2013 $713 $10,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1304271

Greater Alabama MLS

APN: 29-00-35-4-007-054.348