NOT LISTED FOR SALE

514 Westminster Dr Rainbow City, AL 35906

Estimated Value: $334,000 - $394,000

4 Beds
3.5 Baths
3,355 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $170,000 $51 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,119/month

143 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Central Heating and Cooling System
  • John S. Jones Elementary School Rated A-
  • No HOA

About This Home

As of January 2018

Rainbow City - Homepath Property Westminster Subdivision 4 Bedroom 3.5 Bath Home Featuring 3355 +/- Sq Ft, Large Rooms, High Ceilings, Hardwood Flooring. The home also Features a Fireplace, 2 Car Carport with Storage Room. Master Suite on the Main Level, 3 Bedrooms on the second level. Beautiful Home built in 1998. This is a Must See for $165,000

Last Agent to Sell the Property

Craig Gorham

Vintage Properties, LLC License #62528 Listed on: 07/25/2017

Last Buyer's Agent

Craig Gorham

Vintage Properties, LLC License #62528 Listed on: 07/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1998

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 110 x 150

Interior Spaces

  • 3,355 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Westminster Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1509300001116.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Living Area: 3355
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 110 x 150
  • Subdivision Name: Westminster
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1998
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 4
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 1
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 1
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 1
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 1
  • Room Bedroom2 Level: Second
  • Room Master Bedroom Area: 1

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 1509300001116.004
  • Lot Size Sq Ft: 16117.199999
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 3

MLS Schools

  • Elementary School: John S Jones Elementary
  • High School: Southside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 10, 2018
Sold by
Fannie Mae
Bought by
Estes Abby and Estes Adam
Seller's Agent
Craig Gorham
Vintage Properties, LLC
Buyer's Agent
Craig Gorham
Vintage Properties, LLC
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$366,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,716
Avg. Annual Appreciation
9.61%
Original Mortgage
$161,500
Interest Rate
3.94%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 5, 2018
Sold by
Estes Abby and Estes Adam
Bought by
Estes Abby and Estes Adam
Seller's Agent
Craig Gorham
Vintage Properties, LLC
Buyer's Agent
Craig Gorham
Vintage Properties, LLC
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.94%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 6, 2017
Sold by
Brown Alvin C and Brown Debra D
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Estes Abby $170,000 None Available
Estes Abby $170,000 None Available
Federal National Mortgage Association $191,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estes Abby $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Off Market $170,000 -- --
01/05/2018 01/05/18 Sold $170,000 +3.0% $51 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/12/2017 12/12/17 Price Changed $165,000 -5.7% $49 / Sq Ft
11/15/2017 11/15/17 Price Changed $174,900 -5.5% $52 / Sq Ft
11/03/2017 11/03/17 For Sale $185,000 0.0% $55 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/19/2017 10/19/17 Price Changed $185,000 -7.0% $55 / Sq Ft
09/25/2017 09/25/17 Price Changed $199,000 -3.4% $59 / Sq Ft
08/25/2017 08/25/17 Price Changed $206,000 -4.8% $61 / Sq Ft
07/25/2017 07/25/17 For Sale $216,500 -- $65 / Sq Ft
Source: ValleyMLS.com

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 $1,498 $37,740 $1,660 $36,080
2023 $1,498 $37,720 $1,650 $36,070
2022 $1,212 $30,740 $1,650 $29,090
2021 $1,004 $25,670 $1,650 $24,020
2020 $1,004 $25,680 $0 $0
2019 $996 $25,480 $0 $0
2017 $840 $21,680 $0 $0
2016 $840 $21,680 $0 $0
2015 $823 $21,680 $0 $0
2013 -- $21,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1074773

ValleyMLS.com

APN: 15-09-30-0-001-116.004