NOT LISTED FOR SALE

530 N Lake Cove Unit 24A Hoover, AL 35242

Estimated Value: $796,361 - $916,000

1.01 Acres
$866,921 Price per Acre
43,996 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $87,000

Est. 906% increase in value since last sale

Current estimated payment $5,090/month

33 Days on Market

Highlights

  • 1.01 Acre Lot
  • Lake Property
  • Mountain View
  • Greystone Elementary School Rated A+
  • Heavily Wooded Lot
  • Recreation Room

About This Lot

As of October 2015

GREAT VIEW LOT JUST OVER 1 ACRE 1.010

Last Agent to Sell the Property

Eileen Newton

RealtySouth-Inverness Office License #000005941 Listed on: 07/31/2015

RealtySouth-Inverness Office

Last Buyer's Agent

Dede Markle

RE/MAX Marketplace

RE/MAX Marketplace

Property Details

Property Type

  • Land

Lot Details

  • 1.01 Acre Lot
  • Gated Home
  • Heavily Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Interior Spaces

  • Recreation Room
  • Mountain Views

Schools

  • Greystone Elementary School
  • Berry Middle School
  • Spain Park High School

Listing and Financial Details

  • Assessor Parcel Number 03-8-34-007-024.000

Community Details

Overview

  • $2 Other Monthly Fees

Recreation

  • Community Pool
  • Lake Property

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: Topsurvey
  • Legal Description: NORTH LAKE AT GREYSTONE, LOT 24A
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Electricity, Gas
  • Utilities On-site: Electricity, Gas, Sewer, Water

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association Fee: 760
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Fee Information

  • Library Fee Amount: 25
  • Library Fee Per: Yearly
  • Library Fee: Yes

Lot Info

  • Assessor Parcel Number: 03-8-34-007-024.000
  • Lot Description: Heavy Treed Lot
  • Lot View: Mountain View
  • Number Acres: 1.01
  • Zoning: RES
  • Best Use Per Zone: Residential
  • Improvements: Gated Entrance, Lake, Pavilion, Recreation Area
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential

Tax Info

  • Tax District: Hoover
  • Annual Tax: 1400

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: GREYSTONE
  • High School: SPAIN PARK
  • Jr Middle School: BERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Oct 26, 2015
Sold by
Detejada Juan A Lerdo and De Tejada Melissa F Lerdo
Bought by
Todd Kenneth D and Todd Jessica L
Seller's Agent
Eileen Newton
RealtySouth-Inverness Office
Buyer's Agent
Dede Markle
RE/MAX Marketplace
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%
Current Estimated Value
$875,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,590
Avg. Annual Appreciation
25.52%
Original Mortgage
$416,000
Outstanding Balance
$328,311
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
$547,279

Purchase Details

Closed on
Jul 21, 2003
Sold by
Richards H Keith and Richards Amy R
Bought by
Lerdodetejada Juan and Lerdodetajada Melissa

Purchase Details

Closed on
Aug 15, 2001
Sold by
Asp Homebuilders Inc
Bought by
Richards H Keith and Richards Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Todd Kenneth D $87,000 None Available
Lerdodetejada Juan $74,000 --
Richards H Keith $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Kenneth D $416,000
Previous Owner Richards H Keith $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2015 10/26/15 Sold $87,000 -12.9% --
09/02/2015 09/02/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $99,900 -- --
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 $5,113 $76,880 $0 $0
2023 $4,984 $75,420 $0 $0
2022 $4,125 $62,640 $0 $0
2021 $3,879 $58,940 $0 $0
2020 $3,602 $54,780 $0 $0
2019 $3,844 $58,420 $0 $0
2017 $3,206 $48,820 $0 $0
2015 $1,330 $20,000 $0 $0
2014 $1,330 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eileen Newton

    RealtySouth

    Section Image
  • Dede Markle

    Buyer's Agent in 2015

    Dede Markle

    RE/MAX

    (205) 382-1176

    100 Total Sales

    Dede Markle
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 725006

Greater Alabama MLS

APN: 03-8-34-0-007-024-000

Alabama Shelby County Hoover 35242

530 N Lake Cove Unit 24A, Hoover, AL

Not Listed for Sale

Lots

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