NOT LISTED FOR SALE

516 River Heights Dr Madison, AL 35756

Lake Forest Neighborhood

Estimated Value: $415,000 - $567,317

5 Beds
3.5 Baths
3,257 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $559,900 $172 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,038/month

189 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Tennis Courts
  • 0.94 Acre Lot
  • Community Pool
  • Covered Patio or Porch

About This Home

As of November 2022

New Construction-The Grayson - Situated on 0.94 acres this open floor plan has 5 bedrooms, 4 bathrooms, a study and 3-car garage. A functional plan that flows nicely throughout; perfect for those needing some extra space. This beautiful home includes an isolated master suite, 3 bedrooms on one wing, with the fifth bedroom featuring a true guest suite. The kitchen is equipped with an oversized island perfect for family time, entertaining, or extra room for a variety of needs. Tankless water heater and irrigation system. Move In Ready!

Last Agent to Sell the Property

Dawn Bentley

Davidson Homes LLC 4 License #125948 Listed on: 04/01/2022

Last Buyer's Agent

Gina Barlow

Keller Williams Realty Madison License #104335

Keller Williams Realty Madison

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,006

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 158 x 234 x 144 x 187
  • Sprinkler System

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • New Construction
  • Slab Foundation

Interior Spaces

  • 3,257 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 2502090000002.403

Community Details

Overview

  • Property has a Home Owners Association
  • Bell Woods Management Association, Phone Number (256) 464-7010
  • Built by DR HORTON
  • Pebble Creek At River Landing Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,006

Lot Details

0

Parking

3

Listing Details

  • Living Area: 3257
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Lot Size: 158 x 234 x 144 x 187
  • Subdivision Name: Pebble Creek At River Landing
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • RoomBedroom1Level: First
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Tankless Water Heater
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 132
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 144
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: First
  • Room Office Level: First
  • Room Living Room Area: 513
  • Room Kitchen Area: 198
  • Room Master Bedroom Area: 252

Exterior Features

  • Lot Features: Corner Lot, Sprinkler Sys
  • Builder Name: DR HORTON
  • Exterior Features: Curb/Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Side, Three Car Garage

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Name: Bell Woods Management
  • Phone: 256-464-7010
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 2502090000002.403
  • Development Status: NEW/NEVER OCCUPIED
  • Lot Size Sq Ft: 40946.399999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: N/A
  • Tax Lot: 10

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Nov 10, 2022
Sold by
Dr Horton Inc-Huntsville
Bought by
Shilt Jakob Michael and Shilt Savanna
Seller's Agent
Dawn Bentley
Davidson Homes LLC 4
Buyer's Agent
Gina Barlow
Keller Williams Realty Madison
List Price
$559,900
Sold Price
$559,900
Views
75
Current Estimated Value
$523,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,821
Avg. Annual Appreciation
-2.38%
Original Mortgage
$572,777
Outstanding Balance
$555,995
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
-$32,916
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
Shilt Jakob Michael $559,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shilt Jakob Michael $572,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $559,900 0.0% $172 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $559,900 0.0% $172 / Sq Ft
08/29/2022 08/29/22 Price Changed $559,900 +0.3% $172 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $558,270 -- $171 / 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 $3,006 $52,660 $8,000 $44,660
2023 $3,006 $54,360 $8,000 $46,360
2022 $609 $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Bentley

    Seller's Agent in 2022

    Dawn Bentley

    Davidson Homes LLC 4

    (938) 200-4650

    32 in this area

    138 Total Sales

    Dawn Bentley
    Section Image
  • Gina Barlow

    Buyer's Agent in 2022

    Gina Barlow

    Keller Williams Realty Madison

    (256) 617-9470

    4 in this area

    147 Total Sales

    Gina Barlow
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1804477

ValleyMLS.com

APN: 25-02-09-0-000-002.403

Alabama Madison County Madison 35756 Lake Forest

516 River Heights Dr, Madison, AL

This home is located at 516 River Heights Dr, Madison, AL 35756 since 01 April 2022 and is currently estimated at $523,079, approximately $160 per square foot. 516 River Heights Dr is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

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