$103,000
SOLD MAY 13, 2015

501 Running Brook Rd Unit 501 Hoover, AL 35226

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

Recently Sold

$81 Per Sq Ft

3% Above List Price

21 Days on Market

Highlights

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

About This Home

As of January 2022

Welcome to convenient living in the heart of Hoover. The community features an in-ground pool, clubhouse, recreational area, and a pond. The unit has 2 bedrooms, each with its own private bath and walk-in closet. The master bath has been updated with a beautiful marble counter top. The main level features a spacious living & dining area, kitchen, foyer, & half bath. The living and dining areas get plenty of natural light through the large glass doors leading out onto the covered balcony that overlooks the pond. No one lives behind, so the balcony is completely private! The seller replaced the counter tops in the kitchen since he has owned the unit. The kitchen has a disposer, dish washer, refrigerator, and built-in microwave. In the basement you will find the laundry room that has plenty of storage. There is also a one car garage that is currently being used as a second entertainment area complete with a bar, tvs, and pub table. This unit has been wonderfully maintained!

Last Agent to Sell the Property

Ashley Sellers

Keller Williams Realty Hoover Listed on: 02/27/2015

Keller Williams Realty Hoover

Last Buyer's Agent

Jennifer Grostick

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $888

Year Built

  • 1975

HOA Fees

  • $250 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Combination Dining and Living Room
  • Lake Views
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Swimming Allowed
  • Pond
  • Balcony
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-35-4-007-054.348

Community Details

Overview

  • Association fees include cable TV, garbage collection, common grounds mntc, insurance-building, management fee, pest control, recreation facility, reserve for improvements, sewage service, utilities for comm areas, water

Amenities

  • Clubhouse

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$888

Year Built

1975

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Living Area: 1266
  • Legal Description: UNIT 501 RUNNING BROOK CONDOMINIUM
  • Number Levels: 2+ Story
  • Property Type: Condo
  • Termite Company Name: HOA
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Interior Amenities: French Doors
  • Floors: Carpet, Hardwood, Hardwood Laminate, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Kitchen, On Level: 1
  • Room 2: Half Bath, On Level: 1
  • Room 3: Master Bedroom, On Level: 2
  • Room 4: Bedroom, On Level: 2
  • Room 5: Full Bath, On Level: 2
  • Room 6: Full Bath, On Level: 2
  • Room 7: Laundry, On Level: B
  • Room 8: Living/Dining, On Level: 1
  • Basement Rooms: Laundry (LVL BSMT)
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Basement Style II: All Unfinished
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Main Level Sq Ft: 690
  • Upper Level Sq Ft: 576

Exterior Features

  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Balcony
  • Foundation: Basement
  • Pool Features: In-Ground, Perimeter Fencing
  • Water Heater: Electric (WTRHTR)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Playgound, Pond, Street Lights, Swimming Allowed
  • Condo Fees: Yes
  • Condo Association Fee: 250
  • Condo Fee Per: Monthly

Fee Information

  • Fees Include: Cable TV, Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Recreation Facility, Reserve for Improvements, Sewage Service, Utilities for Comm Areas, Water

Schools

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

Lot Info

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

Green Features

  • Energy Green Features: Ceiling Fans, Programmable Thermostat

Tax Info

  • Tax District: HOOVER

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
21
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: 623587

Greater Alabama MLS

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