NOT LISTED FOR SALE

518 Coves Point Dr Riverside, AL 35135

Estimated Value: $479,120 - $649,000

3 Beds
2 Baths
2,134 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $314,500 $147 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,255/month

331 Days on Market

Highlights

  • Boathouse
  • Private Dock
  • Fishing
  • 175 Feet of Waterfront
  • Community Boat Launch
  • Lake View

About This Home

As of May 2018

LOGAN MARTIN LAKE All one level 3 bedroom home. Oversized laundry offers a shower just off the waterside for washing from the lake. Concrete boat launch and boat dock with an electric boat lift and double boat slips. Wonderful gazebo can be used as grilling area overlooking the lake. Workshop with power and space for any mans hobby. Breakfast room and dining room with a bonus room off the sunroom for an office or extra space. Separate family room and formal living room. Open kitchen with an island that can be removed or used for extra cabinet and counter top space. Double car garage leads straight into the kitchen. Two October pear trees and two plum trees with beautiful azaleas surrounding the home.Very Close to I20 for all commuting. Lot has been split new survey on file for acreage removed. New buyers will have first right of refusal should owners decide to sell at a later date.

Last Agent to Sell the Property

Nancy Locklar

The Realty Pros License #000064904 Listed on: 05/24/2017

Last Buyer's Agent

Nancy Locklar

The Realty Pros License #000064904 Listed on: 05/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • 1993

Lot Details

  • 175 Feet of Waterfront
  • Cul-De-Sac
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Driveway

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Great Room with Fireplace
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Lake Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

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

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed
  • Boathouse
  • Private Dock
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Community Boat Launch
  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 22-07-35-4-001-053.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

1993

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2134
  • Legal Description: THAT PART OF E/2 E/2 LYING E OF COVE DRIVE N OF I- 20 ROW & BOUND BY LOGAN MARTIN LAKE 35-16-4
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 147.38
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Amenities: French Doors, Workshop (EXT)
  • Fireplace Details: Gas Starter
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|GreatRoom1|Kitchen1|DiningRoom1|Sunroom1|Laundry1|Living1|Bonus1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Great Room, On Level: 1
  • Room 7: Kitchen, On Level: 1
  • Room 8: Dining Room, On Level: 1
  • Room 9: Sunroom, On Level: 1
  • Room 10: Laundry, On Level: 1
  • Room 11: Living, On Level: 1
  • Room 12: Bonus, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Bonus (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric, Stove-Electric
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 2134

Exterior Features

  • Waterfront Name: LOGAN MARTIN
  • Construction: 4 Side Brick
  • Exterior Features: Boat House Private, Dock Private, Gazebo, Lighting System, Storage Building, Workshop (EXTR)
  • Foundation: Crawl Space
  • Waterfront: Yes
  • Waterfront Frontage: 175
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Detached, Driveway Parking

Utilities

  • Heating: Central (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 2134

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Fishing, Skiing Allowed, Swimming Allowed

Schools

  • Elementary School: KENNEDY W M
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 22-07-35-4-001-053.000
  • Lot Description: Cul-de-sac, Some Trees, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: RIVERSIDE
  • Annual Tax: 950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Daugherty Property Investment Llc
Bought by
Bsd Enterprise Llc
Current Estimated Value
$526,530

Purchase Details

Listed on
May 24, 2017
Closed on
May 17, 2018
Sold by
Nixon Nancy and Landrum Janet
Bought by
Daugherty Property Investment Llc
Seller's Agent
Nancy Locklar
The Realty Pros
Buyer's Agent
Nancy Locklar
The Realty Pros
List Price
$338,500
Sold Price
$314,500
Premium/Discount to List
-$24,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$213,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bsd Enterprise Llc -- None Listed On Document
Daugherty Property Investment Llc $314,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daugherty Property Investment Llc $213,500
Previous Owner Wood Mavis A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $314,500 0.0% $147 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $314,500 -7.1% $147 / Sq Ft
03/01/2018 03/01/18 For Sale $338,500 +7.6% $159 / Sq Ft
03/01/2018 03/01/18 Off Market $314,500 -- --
10/23/2017 10/23/17 Price Changed $338,500 -3.1% $159 / Sq Ft
05/24/2017 05/24/17 For Sale $349,500 -- $164 / 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 $4,160 $101,468 $36,760 $64,708
2023 $3,838 $101,468 $36,760 $64,708
2022 $3,456 $84,300 $27,040 $57,260
2021 $2,766 $84,300 $27,040 $57,260
2020 $2,766 $76,820 $27,040 $49,780
2019 $2,120 $58,874 $22,880 $35,994
2018 $2,259 $62,760 $0 $0
2017 $922 $31,380 $0 $0
2016 $904 $31,380 $0 $0
2015 $922 $31,380 $0 $0
2014 $922 $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 784830

Greater Alabama MLS

APN: 22-07-35-4-001-053.000