NOT LISTED FOR SALE

503 Patton Chapel Way Unit 503 Hoover, AL 35226

Estimated Value: $139,013

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

Last Sold November 19, 2020

Last sale price $81,500 $71 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,164/month

52 Days on Market

Highlights

  • In Ground Pool
  • Solid Surface Countertops
  • Covered patio or porch
  • Gwin Elementary School Rated A
  • Den
  • Breakfast Room

About This Home

As of November 2020

Great 2 Bedroom, 2 Bath. Galley kitchen with huge pantry, all appliances and eat in area. laminate flooring in living and formal Dining Room. Great covered patio. All on one level on the 2nd floor. Great opportunity in Hoover in a super location. Pool & tennis courts.

Last Listed By

Kim Cato

Keller Williams Realty Hoover Listed on: 12/16/2019

Keller Williams Realty Hoover

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1970

Lot Details

  • 12

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Garage on Main Level

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Breakfast Room
  • Dining Room
  • Den

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-14-2-006-100.315

Community Details

Overview

  • Association fees include management fee
  • Mckay Association, Phone Number (205) 733-6700

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,106

Year Built

Built in 1970

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1148
  • Legal Description: UNIT 503 PATTON CREEK CONDOS PLAT 220/95 PLUS .597 % INT IN THE COMMON ELEMENT
  • Condo Level: 2
  • List Price per Sq Ft: 78.31
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: HOA
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1970
  • Price Per Sq Ft: 70.99
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom1|FullBath1|Den1|Kitchen1|BrkfastRM1|DiningRoom1|Laundry1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Den/Family, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Breakfast Room, On Level: 1
  • Room 8: Dining Room, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Breakfast Room (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, 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

  • Patio: Yes
  • Construction: 1 Side Brick, Shingle
  • Exterior Features: Balcony
  • Foundation: Slab
  • Patio Type: Covered - (PATIO), Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Parking (MLVL)

Utilities

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

Condo/Co-op/Association

  • Condo Fees: Yes
  • Condo Association Fee: 208
  • Condo Fee Per: Monthly
  • HOA Management Company: McKay
  • Hoa Phone: 205-733-6700

Fee Information

  • Fees Include: Management Fee

Schools

  • Elementary School: GWIN
  • Middle School: SIMMONS, IRA F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-14-2-006-100.315

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 1106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2019
Closed on
Nov 18, 2020
Sold by
Graham Douglas Wilson Sr Estate
Bought by
Maddix Billie
Seller's Agent
Kim Cato
Keller Williams Realty Hoover
Buyer's Agent
Leighton Harbuck
ARC Realty - Hoover
List Price
$99,900
Sold Price
$81,500
Premium/Discount to List
-$18,400
-18.42%
Total Days on Market
52
Current Estimated Value
$139,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,513
Avg. Annual Appreciation
13.82%
Original Mortgage
$73,350
Outstanding Balance
$66,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,614

Purchase Details

Closed on
May 19, 2008
Sold by
Underwood Thomas K and Underwood Jennifer Leigh
Bought by
Graham Douglas Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,200
Interest Rate
5.86%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Maddix Billie $81,500 --
Graham Douglas Wilson $104,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddix Billie $73,350
Previous Owner Graham Douglas Wilson $45,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $81,500 0.0% $71 / Sq Ft
02/06/2020 02/06/20 Off Market $81,500 -- --
02/06/2020 02/06/20 Pending -- -- --
02/01/2020 02/01/20 Pending -- -- --
01/22/2020 01/22/20 Price Changed $89,900 -10.0% $78 / Sq Ft
12/16/2019 12/16/19 For Sale $99,900 -- $87 / 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 $2,214 $30,260 -- $30,260
2022 $1,665 $6,700 $0 $6,700
2021 $1,477 $6,650 $0 $6,650
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 $1,201 $14,200 $0 $0
2013 $1,201 $14,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 869766

Greater Alabama MLS

APN: 39-00-14-2-006-100.315