NOT LISTED FOR SALE

5616 Main Dr New Hope, AL 35760

Estimated Value: $101,000 - $297,000

4 Beds
2 Baths
2,185 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $234,000 $107 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,198/month

223 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Privacy Fence
  • New Hope Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of October 2022

Don't let this hidden gem pass you by. This two bedroom two bath 1592 sq. foot home is the perfect starter home or investment property. It's conveniently located within the city limits of New Hope and sits on .58 acre lot. New plumbing, electrical and metal roof in 2017. Fridge, stove, dishwasher, washer and dryer all convey. This home needs some TLC and is being sold AS IS/Where IS.

Last Agent to Sell the Property

Glenn Replogle

Better Homes & Gardens S Brnch License #104084 Listed on: 01/28/2022

Better Homes & Gardens S Brnch

Last Buyer's Agent

David Barnett

Elevate Realty License #110591

Elevate Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $402

Year Built

  • Built in 1920

Lot Details

  • 0.6 Acre Lot
  • Privacy Fence

Parking

  • No Garage

Interior Spaces

  • 2,185 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • New Hope Elementary School
  • New Hope High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2901110000022.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$402

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Living Area: 2185
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Subdivision Name: Metes And Bounds
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1920
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Privacy

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: New Hope(7-12)

Lot Info

  • Parcel Number: 2901110000022.000
  • Lot Size Sq Ft: 26136
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

MLS Schools

  • Elementary School: New Hope (K-12)
  • High School: New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Oct 5, 2022
Sold by
Property Liaison Services Llc
Bought by
Jones Michael A and Bunch Chelsie
Seller's Agent
Glenn Replogle
Better Homes & Gardens S Brnch
Buyer's Agent
David Barnett
Elevate Realty
List Price
$239,900
Sold Price
$234,000
Premium/Discount to List
-$5,900
-2.46%
Views
67
Current Estimated Value
$221,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,608
Avg. Annual Appreciation
-1.78%

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 30, 2021
Sold by
Thomas Nancy Holliday and Estate Of Jeremy Lyle Mutschle
Bought by
Property Liaison Services Llc
Seller's Agent
Danielle Justice
Weichert Realtors-The Sp Plce
Buyer's Agent
Dennis Norton
RCPM
List Price
$80,000
Sold Price
$50,000
Premium/Discount to List
-$30,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
237.10%
Original Mortgage
$40,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 23, 2015
Sold by
Hatcher Ralph E and Hatcher Eugene H
Bought by
Mutschler Jeremy Lyle and Mutschler Amanda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,839
Interest Rate
4.08%
Mortgage Type
Purchase Money 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
Jones Michael A $234,000 --
Property Liaison Services Llc $50,000 North Alabama T&E
Mutschler Jeremy Lyle $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Property Liaison Services Llc $40,000
Previous Owner Mutschler Jeremy Lyle $34,839
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2024 08/18/24 Off Market $50,000 -- --
10/07/2022 10/07/22 Sold $234,000 -2.5% $107 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $239,900 0.0% $110 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $239,900 +2.5% $110 / Sq Ft
04/27/2022 04/27/22 Off Market $234,000 -- --
04/13/2022 04/13/22 For Sale $239,900 0.0% $110 / Sq Ft
04/13/2022 04/13/22 Price Changed $239,900 -7.7% $110 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $259,900 -7.1% $119 / Sq Ft
02/27/2022 02/27/22 Price Changed $279,900 -1.8% $128 / Sq Ft
02/23/2022 02/23/22 Price Changed $284,900 -1.7% $130 / Sq Ft
02/12/2022 02/12/22 Price Changed $289,900 -1.7% $133 / Sq Ft
02/05/2022 02/05/22 Price Changed $294,900 -1.7% $135 / Sq Ft
01/28/2022 01/28/22 For Sale $299,900 +499.8% $137 / Sq Ft
07/01/2021 07/01/21 Sold $50,000 -28.6% $31 / Sq Ft View Prior Sale
01/04/2021 01/04/21 Pending -- -- --
12/11/2020 12/11/20 Price Changed $70,000 -6.7% $44 / Sq Ft
11/22/2020 11/22/20 Price Changed $75,000 -6.3% $47 / Sq Ft
11/12/2020 11/12/20 For Sale $80,000 -- $50 / 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 $402 $9,300 $4,200 $5,100
2023 $377 $9,300 $4,200 $5,100
2022 $275 $6,780 $2,180 $4,600
2021 $254 $6,280 $2,180 $4,100
2020 $245 $3,030 $1,090 $1,940
2019 $240 $2,960 $1,090 $1,870
2018 $235 $5,800 $0 $0
2017 $235 $5,800 $0 $0
2016 $235 $5,800 $0 $0
2015 $235 $5,800 $0 $0
2014 $303 $7,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1799723

ValleyMLS.com

APN: 29-01-11-0-000-022.000