Seller's Agent in 2020
Brad Clement
ARC Realty Vestavia-Liberty Pk
(205) 410-3735
26 in this area
82 Total Sales
616 Lake Colony Pointe Vestavia, AL 35242
Cahaba Heights NeighborhoodEstimated Value: $1,324,000 - $1,772,000
5
Beds
7
Baths
6,421
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- 256 Feet of Waterfront
- Community Boat Launch
- In Ground Pool
- Vestavia Hills Elementary Liberty Park Rated A+
- Home Theater
- Fishing
About This Home
As of October 2020Incredible private lakefront property in Liberty Park! This outstanding property is impeccably maintained, has a fabulous floor plan, main level and basement garages, a finished daylight basement and your own boat dock. Off the foyer there's a dining room and living room with spectacular detailing. Beautiful gourmet kitchen for the most discriminating chef. Fantastic keeping room with soaring ceilings, huge windows and access to a covered deck and outdoor terrace for enjoying the lake view. Fireplaces adorn the great room and keeping rooms. Magnificent master suite. Upstairs are 3 bedrooms, 2 large baths, and an office/library with half bath that overlooks the keeping room. Finished walkout daylight basement has a media room with fireplace, playroom, wet bar, 5th bedroom, full bath & half bath and attached screened porch. Large flat fenced backyard perfect for a private pool. Walk to schools, neighborhood swimming pool and tennis courts. A must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,410
Year Built
- Built in 2001
Lot Details
- 0.64 Acre Lot
- 256 Feet of Waterfront
- Cul-De-Sac
- Fenced Yard
- Sprinkler System
- Few Trees
HOA Fees
- $117 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Basement Garage
- Garage on Main Level
- Side Facing Garage
- Driveway
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Wet Bar
- Central Vacuum
- Sound System
- Crown Molding
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Double Pane Windows
- French Doors
- Great Room with Fireplace
- 3 Fireplaces
- Dining Room
- Home Theater
- Den with Fireplace
- Library
- Recreation Room with Fireplace
- Screened Porch
- Keeping Room
- Lake Views
- Attic
Kitchen
- Gas Oven
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Split Vanities
- Bathtub and Shower Combination in Primary Bathroom
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
- Natural lighting in basement
Outdoor Features
- In Ground Pool
- Water Access
- Lake Property
- Covered Deck
- Patio
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 27-00-08-2-000-002.014
Community Details
Overview
- Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
- Liberty Park HOA, Phone Number (205) 945-6401
Recreation
- Community Boat Launch
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
- Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2020
Closed on
Oct 28, 2020
Sold by
Freeman Sherri T
Bought by
Madathikunnel Nirmala
Seller's Agent
Brad Clement
ARC Realty Vestavia-Liberty Pk
Buyer's Agent
Brad Clement
ARC Realty Vestavia-Liberty Pk
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,004
Avg. Annual Appreciation
4.97%
Purchase Details
Closed on
Jan 18, 2001
Sold by
Calvin Reid Const Co Inc
Bought by
Freeman Michael D and Freeman Sherri T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,250
Interest Rate
7.62%
Purchase Details
Closed on
Jan 8, 1998
Sold by
Liberty Park Joint Venture
Bought by
Calvin Reid Construction Co Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madathikunnel Nirmala | $1,225,000 | -- | |
| Freeman Michael D | $178,000 | -- | |
| Calvin Reid Construction Co Inc | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Freeman Michael D | $912,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $1,225,000 | +2.1% | $191 / Sq Ft |
| 09/05/2020 09/05/20 | For Sale | $1,200,000 | -- | $187 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $11,047 | $139,960 | -- | -- |
| 2022 | $9,969 | $116,100 | $15,200 | $100,900 |
| 2021 | $10,376 | $112,620 | $15,200 | $97,420 |
| 2020 | $9,705 | $105,380 | $18,390 | $86,990 |
| 2019 | $9,411 | $102,200 | $0 | $0 |
| 2018 | $9,307 | $101,080 | $0 | $0 |
| 2017 | $9,231 | $100,260 | $0 | $0 |
| 2016 | $8,929 | $97,000 | $0 | $0 |
| 2015 | $8,929 | $97,000 | $0 | $0 |
| 2014 | $8,792 | $93,860 | $0 | $0 |
| 2013 | $8,792 | $93,860 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Clement
Map
Source: Greater Alabama MLS
MLS Number: 894723
APN: 27-00-08-2-000-002.014
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