NOT LISTED FOR SALE

5012 Collins Dr Unit LOT 7 Pell City, AL 35128

Estimated Value: $637,160 - $655,000

0.51 Acre
$1,266,824 Price per Acre
22,216 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $22,000

Est. 2,837% increase in value since last sale

Current estimated payment $3,577/month

3,595 Days on Market

Highlights

  • Water Access
  • Fishing Allowed
  • 0.51 Acre Lot
  • Community Boat Launch

About This Lot

As of November 2021

Nice restricted Lot in New Subd that is located in area of other nice homes. Located close to the lake.

Last Agent to Sell the Property

Blair Fields

Fields Gossett Realty License #70387 Listed on: 12/29/2011

Last Buyer's Agent

Blair Fields

Fields Gossett Realty License #70387 Listed on: 12/29/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,013

Lot Details

  • 0.51 Acre Lot
  • Few Trees

Schools

  • Coosa Valley Elementary School
  • Duran Middle School
  • Pell City High School

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Community Boat Launch
  • Fishing Allowed
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed

Listing and Financial Details

  • Assessor Parcel Number 2908330001027000

Property Details

Property Type

Land

Est. Annual Taxes

$1,013

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: House Plan Approval
  • Legal Description: Lot#7 The Reserve
  • Intermed: Williams
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road
  • Waterfront Access: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Gas, Phone, Water

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Fishing Allowed, Skiing Allowed, Swimming Allowed

Schools

  • Elementary School: COOSA VALLEY
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 2908330001027000
  • Lot Description: Some Trees, Subdivision
  • Number Acres: 0.51
  • Zoning: Residential
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • List Price per Acre: 64509.8
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: LOT 7

Tax Info

  • Tax District: Pell City

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: COOSA VALLEY
  • High School: PELL CITY
  • Jr Middle School: DURAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
T4 Homes Inc
Bought by
Dean Leon R and Dean Cathleen D
Current Estimated Value
$646,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$284,760
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$377,240
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
Dean Leon R $635,000 None Listed On Document
T4 Homes Inc $635,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T4 Homes Inc $285,000
Previous Owner Taylor Scott B $381,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $22,000 -33.1% --
03/30/2021 03/30/21 For Sale $32,900 +49.5% --
03/26/2021 03/26/21 Off Market $22,000 -- --
03/29/2019 03/29/19 For Sale $32,900 +49.5% --
03/26/2019 03/26/19 Off Market $22,000 -- --
12/29/2011 12/29/11 For Sale $27,900 -- --
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 $1,013 $24,700 $14,700 $10,000
2023 $302 $24,700 $14,700 $10,000
2022 $320 $7,800 $7,800 $0
2021 $281 $7,800 $7,800 $0
2020 $281 $7,800 $7,800 $0
2019 $281 $7,800 $7,800 $0
2018 $270 $7,500 $0 $0
2017 $270 $7,500 $0 $0
2016 $270 $7,500 $0 $0
2015 $270 $7,500 $0 $0
2014 $270 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 518946

Greater Alabama MLS

APN: 29-08-33-0-001-027.000