NOT LISTED FOR SALE

514 Penny Lap Ln Tuscumbia, AL 35674

Estimated Value: $182,000 - $290,000

3 Beds
2 Baths
1,350 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $137,000 $101 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,025/month

87 Days on Market

Highlights

  • New Construction
  • Eat-In Kitchen
  • Laundry Room
  • New Bethel Elementary School Rated 10
  • Dual Closets
  • Central Heating and Cooling System

About This Home

As of November 2019

Builder has included 4 ADDITIONAL LOTS!!! This is a beautiful custom build ready to be called home and there is NO DOWN PAYMENT needed if you purchase with a USDA loan. Make sure you come to see everything this 3 bed/2 bath home has to offer! Open floor plan, stainless appliances, master bath with large tiled shower and separate tub, back deck perfect for relaxing and enjoying the country views! Location is key and this home offers the best of both worlds with 2.5 ACRES in a quiet setting but only 15 minutes from Muscle Shoals. What more could you ask for? Everything is BRAND NEW and comes with a Builders Warranty. Call today to schedule your appointment! Sale includes parcels: 2103050000003008, 2103050000003009, 2103050000003010, 2103050000003011

Last Agent to Sell the Property

Brandy Gargis

RE/MAX Tri-State License #000097969 Listed on: 07/31/2019

RE/MAX Tri-State

Last Buyer's Agent

Brandy Gargis

RE/MAX Tri-State License #000097969 Listed on: 07/31/2019

RE/MAX Tri-State

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $712

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.43

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Vinyl Flooring
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Schools

  • New Bethel Elementary School
  • Colbert Heights Middle School
  • Colbert Heights High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Rain Gutters
  • Lot Dimensions are 118.09x152.19

Listing and Financial Details

  • Assessor Parcel Number 2103050000003007

Home Details

Home Type

Single Family

Est. Annual Taxes

$712

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1350
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 118.09x152.19
  • Shoals Pic Orig I D: 427463
  • Sp Lp Percent: 0.87
  • Subdivision Name: N/A
  • Agent Only_ L A1 User Code: S263_74337
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Double Closets, Eat-in Kitchen, Primary Shower & Tub
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Fireplace Features: None (Fireplace)
  • Bathrooms Level 1: 2
  • Full Bathrooms: 2
  • Basement: None (Basement)
  • Attic: Access Only
  • Flooring: Vinyl (Flooring)
  • LivingArea: 1350
  • Price Per S Q F T: 101.48
  • Total Bedrooms: 3
  • Room Type: Kitchen (RoomType), Laundry (RoomType)

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Sodded Yard
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle
  • Waterfront: No
  • ExteriorFeatures: Rain Gutters
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Driveway, Gravel (ParkingFeatures)

Utilities

  • Cooling: Central Air
  • Heating: Central Unit, Natural Gas
  • Sewer: Septic Tank
  • Water Source: Public (WaterSource)
  • Laundry Features: Inside, Laundry Room

Schools

  • Elementary School: New Bethel
  • Middle School: Colbert Heights
  • High School: Colbert Heights

Lot Info

  • Range Aces: 0-.99 acres
  • Parcel Num: 2103050000003007

Building Info

  • Year Built: 2019
  • BuildingAreaTotal: 1350

MLS Schools

  • Elementary School: New Bethel
  • Middle School: Colbert Heights
  • HighSchool: Colbert Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Nov 22, 2019
Sold by
Kimbrough Joshua H
Bought by
Caldwell Greg
Seller's Agent
Brandy Gargis
RE/MAX Tri-State
Buyer's Agent
Brandy Gargis
RE/MAX Tri-State
List Price
$129,900
Sold Price
$137,000
Premium/Discount to List
$7,100
5.47%
Current Estimated Value
$183,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,677
Avg. Annual Appreciation
8.85%
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
Caldwell Greg $137,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $137,000 +5.5% $101 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $129,900 -- $96 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $712 $14,680 $1,520 $13,160
2023 $447 $14,000 $0 $0
2022 $389 $12,740 $0 $0
2021 $405 $11,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brandy Gargis

    RE/MAX

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 109645

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 21-03-05-0-000-003.007

Alabama Colbert County Tuscumbia 35674

514 Penny Lap Ln, Tuscumbia, AL

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.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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