NOT LISTED FOR SALE

553 Village Springs Ln Springville, AL 35146

Estimated Value: $231,000 - $254,000

3 Beds
2 Baths
1,266 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $150,000 $118 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,418/month

Highlights

  • Solid Surface Countertops
  • Covered Patio or Porch
  • Laundry Room
  • Springville Middle School Rated 10
  • Double Vanity
  • 1-Story Property

About This Home

As of July 2023

Gorgeous waterfront 3 bed 2 bath home with 1266 sq feet of living space. One level home with minimal yard work, walking distance to clubhouse and pool. App fee is $65 per person 18 or older. Tenants responsible for utilities, yard care, and renters insurance. $15/month HVAC Filter fee. Pets on a case-by-case basis. Approved pets require a $300 non -refundable pet fee, and $35 pet rent per month. All HomeRiver Group residents are enrolled in the Resident Benefits Package (RBP) for $44.95 /month which includes a convenient option for renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details will be provided upon application.

Last Agent to Rent the Property

Leticia Weaster

Expert Realty, Inc Listed on: 06/12/2023

Last Renter's Agent

Leticia Weaster

Expert Realty, Inc Listed on: 06/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 2010

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub and Shower Combination in Primary 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
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,515
  • Tenant pays for cable (tenant), electric (tenant), gas (tenant), lawn care (tenant), pest control (tenant), sewer (tenant), trash removal (tenant), water (tenant)
  • The owner pays for hoa (owner)
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,991

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: HOA (OWNER)
  • Pets Allowed: Yes
  • Security Deposit: Yes
  • Security Deposit Amt: 1515
  • Tenant Pays: Cable (TENANT), Electric (TENANT), Gas (TENANT), Lawn Care (TENANT), Pest Control (TENANT), Sewer (TENANT), Trash Removal (TENANT), Water (TENANT)
  • Rental Price: 1475

Listing Details

  • Class: RENTAL
  • Down Payment Assistance: No
  • Property Type: Single Family
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Design: 1 Story
  • Interior Amenities: Dryer Connection
  • Floors: Carpet, Hardwood Laminate
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom Features: Double Split Vanity, Tub/Shower Combo
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Refrigerator, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room

Exterior Features

  • Construction: Siding-Vinyl
  • Exterior Features: Fence-Partial
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)
  • Patio/Porch: Yes
  • Patio/Porch Type: Covered (PATIO)

Garage/Parking

  • Parking Features: Garage 2 Cars

Utilities

  • Heating: Central Electric
  • Cooling: Central-Electric
  • Sewer/Septic System: Public Sewer
  • Water: Public Water
  • HVAC Area: 1266

Fee Information

  • Pet Fee Amount: 300

Lot Info

  • Number Acres: 0.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Mch Sfr Property Owner 2 Llc
Current Estimated Value
$238,113

Purchase Details

Closed on
Dec 16, 2021
Sold by
Gaddy Kenneth Alan and Gaddy Morgan Taylor
Bought by
Offerpad Spe Borrower A Llc

Purchase Details

Listed on
Jan 21, 2018
Closed on
Mar 5, 2018
Sold by
Cherry Kailak Naramore and Cherry Carson
Bought by
Gaddy Kenneth Alan and Gaddy Morgan Taylor
Seller's Agent
George Stewart
RE/MAX Realty Brokers
Buyer's Agent
Elizabeth Naylor
RE/MAX Marketplace
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$151,515
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2014
Closed on
Aug 9, 2014
Sold by
Mahieu Aaron and Mahieu Kristin
Bought by
Naramore Kaila K
Seller's Agent
Kevin Sargent
RealtySouth-Homewood
Buyer's Agent
Ginger Fountain
RE/MAX of Orange Beach
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$140,553
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 18, 2013
Sold by
The United States Department Of Housing
Bought by
Mahieu Aaron and Mahieu Kristin
Seller's Agent
Amber Curran
1st Choice Properties LLC
Buyer's Agent
Pam Reaves
Sperry CGA The Andrews Group
List Price
$117,000
Sold Price
$112,000
Premium/Discount to List
-$5,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$89,600
Interest Rate
3.39%

Purchase Details

Closed on
Oct 16, 2012
Sold by
Bank Of America N A
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 3, 2012
Sold by
Harris Samuel B and Harris Amy F
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 9, 2011
Sold by
Harris Samuel B and Harris Amy F
Bought by
Harris Samuel B

Purchase Details

Closed on
Apr 8, 2010
Sold by
Newcatsle Construction Inc
Bought by
Harris Samuel B and Harris Amy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,006
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2009
Sold by
Four Star Land Ventures 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
$116,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Mch Sfr Property Owner 2 Llc $224,000 England Kyle
Mch Sfr Property Owner 2 Llc $224,000 England Kyle
Offerpad Spe Borrower A Llc $201,000 None Available
Offerpad Spe Borrower A Llc $201,000 Smitherman Justin
Gaddy Kenneth Alan $150,000 None Available
Naramore Kaila K $144,900 None Available
Mahieu Aaron $112,000 --
The Secretary Of Hud $151,810 None Available
Bank Of America N A $151,810 None Available
Harris Samuel B -- --
Harris Samuel B $148,700 --
Newcastle Construction Inc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaddy Kenneth Alan $151,515
Previous Owner Naramore Kaila K $140,553
Previous Owner Mahieu Aaron $89,600
Previous Owner Harris Samuel B $146,006
Previous Owner Newcastle Construction Inc $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Rented $1,475 -2.6% --
06/12/2023 06/12/23 For Rent $1,515 +2.7% --
04/01/2022 04/01/22 Rented $1,475 0.0% --
03/07/2022 03/07/22 Price Changed $1,475 -2.3% $1 / Sq Ft
03/01/2022 03/01/22 For Rent $1,510 0.0% --
03/05/2018 03/05/18 Sold $150,000 -3.2% $118 / Sq Ft View Prior Sale
01/27/2018 01/27/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $155,000 +7.0% $122 / Sq Ft
08/31/2014 08/31/14 Sold $144,900 0.0% $114 / Sq Ft View Prior Sale
08/08/2014 08/08/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $144,900 +29.4% $114 / Sq Ft
01/18/2013 01/18/13 Sold $112,000 -4.3% $85 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $117,000 -- $89 / 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 $1,991 $39,042 $10,000 $29,042
2023 $1,991 $35,832 $10,000 $25,832
2022 $565 $17,047 $5,000 $12,047
2021 $531 $17,047 $5,000 $12,047
2020 $523 $15,847 $3,800 $12,047
2019 $487 $14,852 $3,800 $11,052
2018 $449 $13,800 $0 $0
2017 $428 $13,600 $0 $0
2016 $442 $13,600 $0 $0
2015 $428 $13,600 $0 $0
2014 -- $13,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1357425

Greater Alabama MLS

APN: 16-03-05-0-001-137.000