NOT LISTED FOR SALE

508 Patton Chapel Way Unit 508 Hoover, AL 35226

Estimated Value: $138,000 - $148,000

2 Beds
2 Baths
1,148 Sq Ft
$165/mo HOA Fee

Last Sold August 12, 2016

Last sale price $68,500 $60 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,149/month

71 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Balcony
  • Gwin Elementary School Rated A
  • Tennis Courts
  • Walk-In Closet

About This Home

As of August 2016

Move-In Ready Third Floor Condo with a Beautiful Olympic Style Pool and Lighted Tennis Courts. Walk into the Cute Living Room and Note the Beautiful Fireplace and Laminate Hardwood Floors. Living Room Opens Up Into a Separate Spacious Dining Room with Chair Railing Detail Along the Wall. Eat-In Galley Kitchen Has a Fabulous Walk-In Pantry with Lots of Room and Plenty of Storage as Well as Cherry Cabinets. Master Bedroom Boasts Large Walk-In Closet, Lots of Natural Light, Carpet, Neutral Wall Colors and a Ceiling Fan AND it’s Own Master Bathroom. Guest Bedroom has Single Closet, Carpet, Ceiling Fan and Neutral Walls. 2nd Bathroom has Updated Fixtures, Neutral Colors, and Storage Under the Sink. Covered Balcony with Storage Room. Located Conveniently by Schools, Shopping, Interstates, Great Restaurants, Movie Theaters and MORE! FEES INCLUDE: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Recreation Facility, Utilities for Comm Area

Last Listed By

Jamie Goff

ARC Realty - Homewood Listed on: 05/23/2016

ARC Realty - Homewood

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,214

Year Built

  • 1970

Lot Details

  • 12

HOA Fees

  • $165 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
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 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

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-14-2-006-100.320

Community Details

Overview

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, recreation facility, utilities for comm areas
  • Mckay Management Association, Phone Number (205) 733-6700

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,214

Year Built

1970

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1148
  • Legal Description: Unit 508 Patton Creek Condos Plat 220/95 Plus .587% int in the common element
  • Condo Level: 3
  • List Price per Sq Ft: 65.24
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: per association
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Interior Amenities: French Doors
  • Fireplace Details: Insert
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|FullBath1|Laundry1|
  • Room 1: Living, 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), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Stove-Electric
  • Kitchen Features: Eating Area
  • 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

  • Construction: 1 Side Brick, Shingle
  • Exterior Features: Balcony
  • Foundation: Slab
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Parking (MLVL)

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Sidewalks, Tennis Courts
  • Condo Fees: Yes
  • Condo Association Fee: 165
  • Condo Fee Per: Monthly
  • HOA Management Company: McKay Management
  • Hoa Phone: 205-733-6700

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Recreation Facility, Utilities for Comm Areas

Schools

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

Lot Info

  • Assessor Parcel Number: 39-00-14-2-006-100.320

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: HOOVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Procter Kenneth James and Procter Wai-Dor C
Bought by
Kw Procter Family Trust and Procter
Total Days on Market
71
Current Estimated Value
$144,245

Purchase Details

Listed on
May 23, 2016
Closed on
Aug 12, 2016
Sold by
Goodwin David R
Bought by
Procter Kenneth James and Procter Wai-Dor C
Seller's Agent
Jamie Goff
ARC Realty - Homewood
Buyer's Agent
Meagan Phillips
RealtySouth-MB-Crestline
List Price
$74,900
Sold Price
$68,500
Premium/Discount to List
-$6,400
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Patton Creek Development Inc
Bought by
Goodwin David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Kw Procter Family Trust $115,000 None Listed On Document
Procter Kenneth James $68,500 --
Goodwin David R $118,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodwin David R $88,800
Previous Owner Goodwin David R $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $68,500 -8.5% $60 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $74,900 -- $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 $2,214 $30,260 -- $30,260
2022 $1,665 $13,740 $0 $13,740
2021 $1,477 $13,740 $0 $13,740
2020 $1,218 $13,740 $0 $13,740
2019 $1,133 $15,600 $0 $0
2018 $1,135 $15,640 $0 $0
2017 $484 $7,400 $0 $0
2016 $487 $7,440 $0 $0
2015 $499 $7,600 $0 $0
2014 $585 $7,560 $0 $0
2013 $585 $7,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 751012

Greater Alabama MLS

APN: 39-00-14-2-006-100.320