Seller's Agent in 2021
Jared Walton
RealtySouth
(205) 586-7721
6 in this area
34 Total Sales
515 N Lake Cove Birmingham, AL 35242
North Shelby County Neighborhood
5
Beds
4.5
Baths
--
Sq Ft
1
Acres
Highlights
- 50 Feet of Waterfront
- Fishing
- Gated Community
- Greystone Elementary School Rated A
- Outdoor Pool
- Lake View
About This Home
As of July 2021THIS HOME IS LOCATED ON AN INCREDIBLE LAKEFRONT LOT & HAS 6 BEDROOMS & 5.5 BATHS. FORMAL DINING ROOM, 2 STORY GREAT ROOM WITH BREATHTAKING VIEW OF LAKE, EXTRA LARGE KITCHEN, KEEPING ROOM HAS FIRE PLACE, DOOR TO PATIO & A LAKE VIEW. THE MASTER SUITE IS BIG ENOUGH FOR A SITTING AREA. THERE IS A 2ND BEDROOM & 2 BATHS ON THE MAIN LEVEL. UPSTAIRS HAS 3 ADDITIONAL BEDROOMS, PLAYROOM & 2 BATHS. THE DAYLIGHT BASEMENT HAS REC/TV ROOM, TILE FLOORS, FULL BATH & BONUS ROOM. MULTIPLE OFFER SITUATION. HIGHEST AND BEST DUE BY FEB 7 AT 12:45 P.M. ALL OFFERS MUST BE IN BY DEADLINE TO BE INCLUDED IN THE MULTIPLE OFFER SITUATION.
Last Agent to Sell the Property
Kathy Arnold
Five Star Real Estate, LLC Listed on: 12/15/2011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,275
Year Built
- 2002
Lot Details
- 50 Feet of Waterfront
- Interior Lot
- Sprinkler System
HOA Fees
- $54 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Ridge Vents on the Roof
Interior Spaces
- 1.5-Story Property
- Central Vacuum
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- Bay Window
- Insulated Doors
- Family Room with Fireplace
- 3 Fireplaces
- Great Room
- Breakfast Room
- Dining Room
- Bonus Room
- Keeping Room
- Fireplace in Kitchen
- Lake Views
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Stubbed For A Bathroom
Home Security
- Home Security System
- Intercom
Outdoor Features
- Outdoor Pool
- Lake Property
- Deck
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Two Heating Systems
Listing and Financial Details
- Assessor Parcel Number 03-8-34-0-007-021.000
Community Details
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Additional Features
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 21, 2021
Sold by
Scott Aubrey Dennis
Bought by
Dougherty Patrick and Dougherty Catherine Mcgimsey
Seller's Agent
Jared Walton
RealtySouth-OTM-Acton Rd
Buyer's Agent
Howard Whatley
ARC Realty 280
List Price
$565,000
Sold Price
$625,000
Premium/Discount to List
$60,000
10.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,861
Avg. Annual Appreciation
7.41%
Original Mortgage
$561,875
Outstanding Balance
$518,861
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$322,000
Purchase Details
Listed on
Dec 15, 2011
Closed on
Mar 5, 2012
Sold by
Fannie Mae
Bought by
Scott Aubrey Dennis
Seller's Agent
Kathy Arnold
Five Star Real Estate, LLC
Buyer's Agent
Jared Walton
RealtySouth-OTM-Acton Rd
List Price
$455,000
Sold Price
$435,000
Premium/Discount to List
-$20,000
-4.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$348,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2011
Sold by
Garrett Cherylia and Garrett Deric
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 15, 2005
Sold by
Frazer Keith and Frazer Traci
Bought by
Garrett Deric and Garrett Cherylia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 13, 2004
Sold by
Frazer Traci
Bought by
Frazer Keith
Purchase Details
Closed on
Jun 20, 2003
Sold by
Stamba Steve and Rouveyrol Peter
Bought by
Frazer Keith and Frazer Traci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,556
Interest Rate
6.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 6, 2001
Sold by
Durwin Richey Homes Inc
Bought by
Stamba Steve and Rouveyrol Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.23%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 9, 2000
Sold by
Greystone Farms North Llc
Bought by
Durwin Richey Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,150
Interest Rate
7.83%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | None Available | |
| Special Warranty Deed | $435,000 | None Available | |
| Foreclosure Deed | $409,212 | None Available | |
| Warranty Deed | $570,000 | Reli Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Survivorship Deed | $523,950 | -- | |
| Warranty Deed | $80,600 | -- | |
| Warranty Deed | $45,150 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $561,875 | New Conventional | |
| Previous Owner | $125,000 | Commercial | |
| Previous Owner | $348,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $171,800 | Stand Alone Second | |
| Previous Owner | $456,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $41,000 | Credit Line Revolving | |
| Previous Owner | $471,556 | Unknown | |
| Previous Owner | $348,000 | Construction | |
| Previous Owner | $45,150 | No Value Available | |
| Closed | $114,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $625,000 | +10.6% | $144 / Sq Ft |
| 06/18/2021 06/18/21 | For Sale | $565,000 | +29.9% | $130 / Sq Ft |
| 03/06/2012 03/06/12 | Sold | $435,000 | -4.4% | -- |
| 02/07/2012 02/07/12 | Pending | -- | -- | -- |
| 12/15/2011 12/15/11 | For Sale | $455,000 | -- | -- |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $5,275 | $79,320 | $0 | $0 |
| 2023 | $5,153 | $77,960 | $0 | $0 |
| 2022 | $4,335 | $65,800 | $0 | $0 |
| 2021 | $4,090 | $62,120 | $0 | $0 |
| 2020 | $3,851 | $58,520 | $0 | $0 |
| 2019 | $4,139 | $62,860 | $0 | $0 |
| 2017 | $8,189 | $123,140 | $0 | $0 |
| 2015 | $7,823 | $117,640 | $0 | $0 |
| 2014 | $7,641 | $114,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Walton
-
Howard Whatley
Buyer's Agent in 2021
Howard Whatley
ARC Realty 280
(205) 527-9318
18 in this area
72 Total Sales
-
K
Seller's Agent in 2012
Kathy Arnold
Five Star Real Estate, LLC
Map
Source: Greater Alabama MLS
MLS Number: 518301
APN: 03-8-34-0-007-021-000
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