NOT LISTED FOR SALE

502 Patton Chapel Way Unit 502 Hoover, AL 35226

Estimated Value: $133,000 - $192,000

2 Beds
2 Baths
1,148 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $81,000 $71 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,048/month

About This Home

As of March 2021

HOOVER BEAUTIFUL HOME FOR RENT!!! 2 Bedrooms, 2 Full Baths Main level Condo. Master Suite has a walk in closet and suite Bath. Freshly New Interior Paint, New flooring recently installed. Completed Renovated kitchen with beautiful tile backsplash and new appliances. Main level unit with covered patio. Pet maybe allowed with landlord approval. Community includes Pool and Tennis Courts. Conveniently located from Galleria Mall, Restaurants, Car Dealerships, and easy access to I-459/I-65. Come look at it before its gone in this HOT market!!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Oct 14, 2021
Sold by
Jelvehgaran Mahinalsadat
Bought by
Lakhani Amir and Lakhani Ashraf
Seller's Agent
Sal Jan
Keller Williams Realty Hoover
Buyer's Agent
Sal Jan
Keller Williams Realty Hoover
Sold Price
$1,250
Current Estimated Value
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,650

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 25, 2021
Sold by
Lpf Enterprises Llc
Bought by
Jelvehgaran Mahinalsadat
Seller's Agent
CiCi Howell
ARC Realty - Hoover
Buyer's Agent
Sal Jan
Keller Williams Realty Hoover
List Price
$102,500
Sold Price
$81,000
Premium/Discount to List
-$21,500
-20.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 5, 2019
Sold by
Shunnarah Nadim
Bought by
Lpf Enterprises Llc
Seller's Agent
Billy Valekis
ARC Realty Cahaba Heights
Buyer's Agent
CiCi Howell
ARC Realty - Hoover
List Price
$83,000
Sold Price
$75,000
Premium/Discount to List
-$8,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2006
Sold by
Patton Creek Development Inc
Bought by
Shunnarah Nadim and Shunnarah Cleo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,030
Interest Rate
6.25%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

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ICE

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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
Lakhani Amir $110,000 --
Jelvehgaran Mahinalsadat $81,000 --
Lpf Enterprises Llc $75,000 --
Shunnarah Nadim $92,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lpf Enterprises Llc $60,000
Previous Owner Shunnarah Nadim $65,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2021 12/05/21 Rented $1,250 0.0% --
11/30/2021 11/30/21 Under Contract -- -- --
10/12/2021 10/12/21 For Rent $1,250 0.0% --
03/25/2021 03/25/21 Sold $81,000 -13.7% $71 / Sq Ft
01/04/2021 01/04/21 Price Changed $93,900 -5.6% $82 / Sq Ft
10/29/2020 10/29/20 Price Changed $99,500 -2.9% $87 / Sq Ft
10/06/2020 10/06/20 For Sale $102,500 +36.7% $89 / Sq Ft
04/05/2019 04/05/19 Sold $75,000 -9.6% $65 / Sq Ft
03/08/2019 03/08/19 For Sale $83,000 -- $72 / Sq Ft

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 $2,214 $30,260 -- $30,260
2022 $1,665 $13,300 $0 $13,300
2021 $1,477 $13,300 $0 $13,300
2020 $1,218 $13,300 $0 $13,300
2019 $1,133 $15,600 $0 $0
2018 $1,106 $15,240 $0 $0
2017 $1,045 $14,400 $0 $0
2016 $1,045 $14,400 $0 $0
2015 $1,069 $14,720 $0 $0
2014 $1,186 $14,200 $0 $0
2013 $1,186 $14,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sal Jan

    Seller's Agent in 2021

    Sal Jan

    Keller Williams Realty Hoover

    (205) 292-8764

    22 in this area

    102 Total Sales

    Sal Jan
    Section Image
  • CiCi Howell

    Seller's Agent in 2021

    CiCi Howell

    ARC Realty - Hoover

    (205) 218-6510

    24 in this area

    149 Total Sales

    CiCi Howell
    Section Image
  • Billy Valekis

    Seller's Agent in 2019

    Billy Valekis

    ARC Realty Cahaba Heights

    (205) 243-5744

    16 in this area

    175 Total Sales

    Billy Valekis
    Section Image
  • Charles Valekis

    Seller Co-Listing Agent in 2019

    Charles Valekis

    ARC Realty Cahaba Heights

    (205) 862-9780

    12 in this area

    152 Total Sales

    Charles Valekis
    Section Image
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Map

Alabama Jefferson County Hoover 35226

502 Patton Chapel Way Unit 502, Hoover, AL

Homes for Sale in Hoover, AL

This home is located at 502 Patton Chapel Way Unit 502, Hoover, AL 35226 and is currently estimated at $154,900, approximately $134 per square foot. 502 Patton Chapel Way Unit 502 is a home located in Jefferson County with nearby schools including Gwin Elementary School, Ira F. Simmons Middle School, and Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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