NOT LISTED FOR SALE

516 Park Village Ln Alabaster, AL 35007

Estimated Value: $185,000 - $332,000

3 Beds
2 Baths
1,265 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $106,000 $84 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,491/month

Highlights

  • Vaulted Ceiling
  • Porch
  • 1-Story Property
  • Thompson Intermediate School Rated A-
  • Walk-In Closet
  • Central Air

About This Home

As of September 2015

RECENTLY REDUCED. This is a 3 bedroom and 2 bath home, located in the Park Village community of Alabaster. It features a central cooling system, central heat pump and gas water heater. The living area has carpet flooring and is comprised of a living room and dining room. Additional flooring in the home is carpet in the bedrooms, laminate tile in the bathrooms and laminate tile in the kitchen. The home comes with an appliance package that includes a stove, refrigerator and dishwasher. The home has a patio to enjoy the outdoors and there is parking for 2 cars in the garage. As an added bonus, the home also comes with new stainless appliances, ceiling fans, walk-in closets, vaulted ceilings, garage door opener and storage room. The home is located conveniently near I-65. Section 8 is not accepted at this home. Pets are accepted on a case-by-case basis. Please verify all information listed, especially schools with the appropriate authority and our office prior to leasing this property.

Last Agent to Rent the Property

Matthew Leavell

Golden Key, LLC License #101121 Listed on: 05/20/2015

Last Renter's Agent

Matthew Leavell

Golden Key, LLC License #101121 Listed on: 05/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,152

Year Built

  • 2004

Lot Details

  • 0.27

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Carpet
  • Partial Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Outdoor Features

  • Porch

Schools

  • Meadow View Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,200
  • Tenant pays for electric (tenant), gas (tenant), lawn care (tenant), pest control (tenant), sewer (tenant), trash removal (tenant), water (tenant)
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,152

Year Built

2004

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 1200
  • Tenant Pays: Electric (TENANT), Gas (TENANT), Lawn Care (TENANT), Pest Control (TENANT), Sewer (TENANT), Trash Removal (TENANT), Water (TENANT)
  • Rental Price: 1200

Listing Details

  • Class: RENTAL
  • Property Type: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Design: 1 Story
  • Interior Amenities: Dryer Connection, Smoke/Fire Alarm, Vaulted Ceiling, Walk-In Closet, Washer Connection
  • Floors: Carpet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom Features: Tub/Shower Combo
  • Room 1: Dining Room, On Level: 1
  • Basement Style: Partial Basement

Exterior Features

  • Construction: Brick (CONST)
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)
  • Patio/Porch: Yes

Garage/Parking

  • Parking Features: Garage 2 Cars

Utilities

  • Heating: Heat Pump
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water
  • HVAC Area: 1265

Fee Information

  • Pet Fee Amount: 250

MLS Schools

  • Elementary School: MEADOW VIEW
  • High School: THOMPSON
  • Jr Middle School: THOMPSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Nov 9, 2015
Sold by
Conrex Residential Property Group 2013 & 1
Bought by
Conrex Residential Property Group 2013 & 3
Seller's Agent
Matthew Leavell
Golden Key, LLC
Buyer's Agent
Matthew Leavell
Golden Key, LLC
Sold Price
$1,250
Current Estimated Value
$250,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,323
Original Mortgage
$19,250,000
Outstanding Balance
$15,135,905
Interest Rate
3.78%
Mortgage Type
Unknown
Estimated Equity
-$14,885,332

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 8, 2014
Sold by
The United States Department Of Housing
Bought by
Conrex Residential Property Group 2013 & 1
Seller's Agent
Frank Kenney
Frank F. Kenney Real Estate
Buyer's Agent
Ron Bourdages
Murphy Miles Real Estate
List Price
$117,000
Sold Price
$106,000
Premium/Discount to List
-$11,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Trustmark National Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 10, 2014
Sold by
Hillers Shalom C
Bought by
Trustmark National Bank

Purchase Details

Closed on
Feb 18, 2004
Sold by
Buck Creek Construction Inc
Bought by
Hillers Shalom C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,727
Interest Rate
5.63%
Mortgage Type
FHA
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
Conrex Residential Property Group 2013 & 3 -- None Available
Conrex Residential Property Group 2013 & 1 $106,000 None Available
The Secretary Of Housing & Urban Develop $500 None Available
Trustmark National Bank $114,314 None Available
Hillers Shalom C $127,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrex Residential Property Group 2013 & 3 $19,250,000
Previous Owner Hillers Shalom C $125,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2015 09/29/15 Rented $1,250 -3.8% --
09/29/2015 09/29/15 Under Contract -- -- --
05/20/2015 05/20/15 For Rent $1,300 +4.0% --
03/06/2015 03/06/15 Rented $1,250 -3.8% --
02/04/2015 02/04/15 Under Contract -- -- --
12/30/2014 12/30/14 For Rent $1,300 0.0% --
10/15/2014 10/15/14 Sold $106,000 -9.4% $84 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $117,000 -- $92 / 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 $2,152 $39,860 $0 $0
2023 $1,965 $36,380 $0 $0
2022 $1,675 $31,020 $0 $0
2021 $1,599 $29,620 $0 $0
2020 $1,516 $28,080 $0 $0
2019 $1,475 $27,320 $0 $0
2017 $1,359 $25,160 $0 $0
2015 $1,309 $24,240 $0 $0
2014 $604 $11,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 633041

Greater Alabama MLS

APN: 23-7-26-0-010-028-000