NOT LISTED FOR SALE

516 Village Springs Ln Springville, AL 35146

Estimated Value: $244,000 - $255,000

3 Beds
2 Baths
1,352 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $254,900 $189 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,388/month

Highlights

  • Attic
  • Solid Surface Countertops
  • Fenced Yard
  • Springville Middle School Rated 10
  • Covered Patio or Porch
  • 1 Car Attached Garage

About This Home

As of September 2022

This beautiful 3 Bedroom, 2 bathroom split floor plan home is waiting for you. As you enter the home you will find the big livingroom with fresh carpet and paint. The guest bedrooms and guest bathroom are at the middle of the home. Down the hall you will find the kitchen with stainless appliances, breakfast bar, and trey ceiling in the eating area. The master bedroom is large with walk in closet, and jetted tub with combo shower. Out back you will find a cute covered patio and big fenced backyard. The community has a club house and huge pool. Don't miss out, come see it today!

Last Agent to Sell the Property

Steve Metarelis

OfferPad Brokerage LLC Listed on: 07/06/2022

Last Buyer's Agent

Tracy Boyd

EXIT Coosa River Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 2008

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Pull Down Stairs to Attic
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Springville Elementary And Middle School
  • Springville High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1326438?w=PubMLS
  • Living Area: 1352
  • Legal Description: LOT 196 LEGACY SPRINGS PH 3 2007-85 5-15-2
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Floors: Carpet, Vinyl
  • Bedroom/Bathroom Features: Linen Closet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|Bedroom1|Bedroom1|
  • Room 1: Living, 13x17, On Level: 1
  • Room 2: Kitchen, 13x22, On Level: 1
  • Room 3: Master Bedroom, 17x19, On Level: 1
  • Room 4: Bedroom, 10x12, On Level: 1
  • Room 5: Bedroom, 10x12, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1352

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Patio Type: Covered - (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1352

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 45
  • Garbage Fee Per: Quarterly

Lot Info

  • Assessor Parcel Number: 16-03-05-0-001-115.000
  • Number Acres: 0.13

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 525

MLS Schools

  • Elementary School: SPRINGVILLE
  • High School: SPRINGVILLE
  • Jr Middle School: SPRINGVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 9, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Roberts Tyler Shane
Seller's Agent
Steve Metarelis
OfferPad Brokerage LLC
Buyer's Agent
Tracy Boyd
EXIT Coosa River Realty LLC
List Price
$254,900
Sold Price
$254,900
Current Estimated Value
$248,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,243
Avg. Annual Appreciation
-0.79%
Original Mortgage
$247,253
Outstanding Balance
$236,664
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$11,993

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 22, 2019
Sold by
Dorsett Crystal
Bought by
Armstrong Tony E and Armstrong Nicole L
Seller's Agent
Ashley Williams
Vulcan Realty, LLC
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$163,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Dec 27, 2018
Closed on
Feb 6, 2019
Sold by
Richardson Joseph A
Bought by
Dorsett Crystal
Seller's Agent
Blair Lee
EXIT Realty Sweet HOMElife
Buyer's Agent
Ashley Williams
Vulcan Realty, LLC
List Price
$161,900
Sold Price
$161,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$149,470
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2014
Closed on
Aug 22, 2014
Sold by
Rainey John and Rainey Chelsea
Bought by
Richardson Joseph A
Seller's Agent
Deanna Young
RE/MAX Marketplace
Buyer's Agent
Karen Burns
Keller Williams Realty Hoover
List Price
$146,000
Sold Price
$144,500
Premium/Discount to List
-$1,500
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$141,882
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2009
Sold by
Newcastle Construction Inc
Bought by
Rainey John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,857
Interest Rate
5.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Legacy Springs Land Holdings Llc
Bought by
Newcastle Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Roberts Tyler Shane $254,900 --
Armstrong Tony E $163,000 National Ttl & Appraisal Inc
Dorsett Crystal $161,900 None Available
Richardson Joseph A $144,500 None Available
Richardson Joseph A $144,500 None Available
Rainey John $140,000 None Available
Newcastle Construction Inc $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Tyler Shane $247,253
Previous Owner Armstrong Tony E $164,595
Previous Owner Armstrong Tony E $163,000
Previous Owner Dorsett Crystal $149,470
Previous Owner Richardson Joseph A $141,882
Previous Owner Rainey John $142,857
Previous Owner Newcastle Construction Inc $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $254,900 0.0% $189 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $254,900 +56.4% $189 / Sq Ft
10/22/2019 10/22/19 Sold $163,000 -2.4% $118 / Sq Ft View Prior Sale
08/27/2019 08/27/19 Price Changed $167,000 -1.2% $121 / Sq Ft
07/17/2019 07/17/19 For Sale $169,000 +4.4% $123 / Sq Ft
02/06/2019 02/06/19 Sold $161,900 0.0% $118 / Sq Ft View Prior Sale
12/28/2018 12/28/18 For Sale $161,900 0.0% $118 / Sq Ft
12/28/2018 12/28/18 Off Market $161,900 -- --
12/27/2018 12/27/18 For Sale $161,900 +12.0% $118 / Sq Ft
08/22/2014 08/22/14 Sold $144,500 -1.0% $105 / Sq Ft View Prior Sale
07/22/2014 07/22/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $146,000 -- $106 / 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 $957 $37,504 $10,000 $27,504
2023 $957 $34,464 $10,000 $24,464
2022 $573 $17,239 $5,000 $12,239
2021 $538 $17,239 $5,000 $12,239
2020 $526 $16,038 $3,800 $12,238
2019 $468 $14,926 $3,800 $11,126
2018 $440 $13,560 $0 $0
2017 $415 $13,360 $0 $0
2016 $433 $13,360 $0 $0
2015 $415 $13,360 $0 $0
2014 -- $12,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1326438

Greater Alabama MLS

APN: 16-03-05-0-001-115.000