NOT LISTED FOR SALE

615 Cove Water Ln NW Madison, AL 35757

Monrovia Neighborhood

Estimated Value: $287,849 - $315,000

3 Beds
2 Baths
1,735 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $205,000 $118 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,802/month

13 Days on Market

About This Home

As of March 2020

JUST TURN THE KEY! 3 BEDROOM 2 BATH BRICK RANCH IN CLAYTON COVE. ALL NEW INTERIOR PAINT. NEW FLOORING THROUGHOUT. LARGE FAMILY ROOM WITH FIREPLACE, CEILING FAN, TREY CEILING AND WOOD FLOORS. MASTER BEDROOM WITH TREY CEILING, WALK-IN CLOSET AND CEILING FAN. KITCHEN HAS STAINLESS APPLIANCES, GRANITE TOPS AND PANTRY. OPEN LAYOUT. COVERED FRONT PORCH AND COVERED BACK PATIO. 2 CAR GARAGE. HURRY!

Last Agent to Sell the Property

Jonathan Owen

Legend Realty License #82817 Listed on: 01/19/2020

Legend Realty

Last Buyer's Agent

Jill McGuire

RE/MAX Unlimited License #91641

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 2014

Lot Details

  • 6,970

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,735 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Williams Elementary School
  • Columbia High School

Additional Features

  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Clayton Cove HOA
  • Built by ADAMS HOMES LLC
  • Clayton Cove Subdivision

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 010891505210000020.061

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 2014

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Living Area: 1735
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Clayton Cove
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2014
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Family Room Area: 285
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 150
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 112

Exterior Features

  • Builder Name: ADAMS HOMES LLC
  • Foundation Details: Slab

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Name: Clayton Cove HOA
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 010891505210000020.061
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 66

MLS Schools

  • Elementary School: Providence Elementary
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Mar 13, 2020
Sold by
Ashley Holdings Inc
Bought by
Enyinda Sampson C
Seller's Agent
Jonathan Owen
Legend Realty
Buyer's Agent
Jill McGuire
RE/MAX Unlimited
List Price
$208,000
Sold Price
$205,000
Premium/Discount to List
-$3,000
-1.44%
Current Estimated Value
$306,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,712
Avg. Annual Appreciation
7.05%
Original Mortgage
$205,000
Outstanding Balance
$183,495
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$114,244

Purchase Details

Closed on
Dec 23, 2019
Sold by
Gibson Tracy and Platinum Mortgage Inc
Bought by
Ashley Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 9, 2015
Closed on
Apr 6, 2015
Sold by
Adams Homes Llc
Bought by
Gibson Tracy
Seller's Agent
Jonathan Russell
Murphy Real Estate, LLC
Buyer's Agent
Jonathan Russell
Murphy Real Estate, LLC
List Price
$161,798
Sold Price
$161,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$161,798
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Listed on
May 9, 2015
Closed on
Mar 31, 2015
Sold by
Adams Homes Llc
Bought by
Gibson Tracy
Seller's Agent
Jonathan Russell
Murphy Real Estate, LLC
Buyer's Agent
Jonathan Russell
Murphy Real Estate, LLC
List Price
$161,798
Sold Price
$161,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,798
Interest Rate
3.87%
Mortgage Type
VA
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
Enyinda Sampson C $205,000 None Available
Ashley Holdings Inc $150,000 None Available
Gibson Tracy -- None Available
Gibson Tracy -- None Available
Gibson Tracy $161,798 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enyinda Sampson C $205,000
Previous Owner Ashley Holdings Inc $150,000
Previous Owner Gibson Tracy $30,000
Previous Owner Gibson Tracy $161,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Off Market $205,000 -- --
03/13/2020 03/13/20 Sold $205,000 -1.4% $118 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $208,000 +28.6% $120 / Sq Ft
07/08/2015 07/08/15 Off Market $161,798 -- --
05/09/2015 05/09/15 For Sale $161,798 0.0% $97 / Sq Ft
04/03/2015 04/03/15 Sold $161,798 -- $97 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
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 $1,425 $25,400 $5,500 $19,900
2023 $1,425 $24,680 $5,500 $19,180
2022 $1,228 $22,000 $4,500 $17,500
2021 $1,069 $19,260 $3,000 $16,260
2020 $962 $17,420 $3,000 $14,420
2019 $915 $16,590 $2,500 $14,090
2018 $851 $15,500 $0 $0
2017 $823 $15,020 $0 $0
2016 $823 $15,020 $0 $0
2015 $220 $3,800 $0 $0
2014 -- $3,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1135318

ValleyMLS.com

APN: 15-05-21-0-000-020.061