NOT LISTED FOR SALE

506 Patton Chapel Way Unit 506 Hoover, AL 35226

Estimated Value: $141,000 - $170,000

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

Last Sold April 03, 2013

Last sale price $72,000 $63 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,061/month

Highlights

  • In Ground Pool
  • Covered Deck
  • Great Room
  • Gwin Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2013

AWESOME CONDOMINIUM in FANTASTIC HOOVER LOCATION! This is an UPDATED - Move-in-Ready - 2 Bedroom - 2 Bath Main Level Unit with easy Parking right outside of the home. Gorgeous Kitchen with TONS of Cabinets, Gorgeous Counters, and Black Appliance Package. HVAC was recently replaced with efficient TRANE system. The Master Suite is GIGANTIC and has an Incredible Walk-in-Closet. Patton Creek offers a Fabulous Community Pool next to the Clubhouse, as well as Tennis Courts and Basketball. Conveniently located to Shopping, Schools and Major Interstates. In walking distance to Gwin Elementary and Simmons Middle School. Welcome Home!

Last Agent to Sell the Property

Collier Swecker

RE/MAX Advantage License #000087434 Listed on: 12/19/2012

RE/MAX Advantage

Co-Listed By

Mark Carlisle

RE/MAX Advantage License #000080563

Last Buyer's Agent

Gary DeLamar

RealtySouth-OTM-Acton Rd

RealtySouth-OTM-Acton Rd

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,055

Year Built

  • 1978

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • Garage on Main Level
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Swimming Allowed
  • Balcony
  • Covered Deck

Additional Features

  • Few Trees
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 39-14-2-006-100.318

Community Details

Overview

  • Association fees include common grounds mntc, insurance-building, management fee, pest control, utilities for comm areas

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,055

Year Built

1978

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Legal Description: UNIT 506 PATTON CREEK CONDOS PLAT 220/95 PLUS .597% INT IN THE COMMON ELEMENT
  • Dual or Variable Rate Commission: Yes
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: ASSOCIATION
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Floors: Carpet, Hardwood, Hardwood Laminate
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Great Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Stove-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room

Exterior Features

  • Construction: 4 Side Brick, Siding-Wood, Wood
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Balcony
  • Foundation: Crawl Space
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community

Garage/Parking

  • Parking Features: Parking (MLVL), Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: BBQ Area, Park, Swimming Allowed, Tennis Courts
  • Association Fee: Yes
  • Association Fee: 148
  • Association Fee Per: Monthly

Fee Information

  • Fees Include: Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Utilities for Comm Areas

Schools

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

Lot Info

  • Assessor Parcel Number: 39-14-2-006-100.318
  • Lot Description: Some Trees

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: HOOVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2012
Closed on
Apr 3, 2013
Sold by
Obrien John W
Bought by
Davis Reed
Seller's Agent
Collier Swecker
RE/MAX Advantage
Buyer's Agent
Gary DeLamar
RealtySouth-OTM-Acton Rd
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Current Estimated Value
$155,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,698
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Cary William E and Cary Connie
Bought by
Obrien John W and Cary Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 24, 2007
Sold by
Patton Creek Development Inc
Bought by
Cary William E and Cary Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,320
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Davis Reed $72,000 --
Obrien John W $89,000 None Available
Cary William E $102,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien John W $66,750
Previous Owner Cary William E $82,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2013 04/03/13 Sold $72,000 -4.0% $63 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $75,000 -- $65 / 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 $1,055 $15,140 -- $15,140
2022 $780 $6,650 $0 $6,650
2021 $686 $6,650 $0 $6,650
2020 $567 $6,650 $0 $6,650
2019 $513 $7,800 $0 $0
2018 $500 $7,620 $0 $0
2017 $470 $7,200 $0 $0
2016 $470 $7,200 $0 $0
2015 $481 $7,360 $0 $0
2014 $593 $7,100 $0 $0
2013 $593 $7,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 549648

Greater Alabama MLS

APN: 39-00-14-2-006-100.318