NOT LISTED FOR SALE

6272 Dorsett Woods Dr Mount Olive, AL 35117

Estimated Value: $314,792

3 Beds
2.5 Baths
1,999 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $169,231 $85 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,822/month

47 Days on Market

Highlights

  • Lake Property
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Deck
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of June 2015

Beautiful 1.5 story home on the lake! Living Room with fireplace, dining room, eat-in kitchen, master suite on main level, 2 bedrooms, bonus room that could be 4th bedroom and full bath on second floor. Full unfinished basement with two car garage. Large front porch for relaxing and a deck over looking lake great for grilling or family get togethers. Right of Redemption may apply.

Last Agent to Sell the Property

Hugh Morrow

RE/MAX Preferred Listed on: 02/19/2015

RE/MAX Preferred

Last Buyer's Agent

Kalan Sargent

Magnolia Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • 2000

Lot Details

  • 0.5

HOA Fees

  • $8 Monthly HOA Fees

Interior Spaces

  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Ventless Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Lake Property
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07-31-4-000-001.038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

2000

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Living Area: 1999
  • Legal Description: LOT 38 DORSETT WOODS SECTOR THREE PB 194 PG 87 AMENDED MAP PB 196
  • List Price per Sq Ft: 84.66
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Fireplace Details: Marble (FIREPL), Ventless
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bonus, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Solid Surface
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1176
  • Upper Level Sq Ft: 823

Exterior Features

  • Construction: 4 Side Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Basement Parking

Utilities

  • Heating: Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Private Lake
  • Association Fee: Yes
  • Association Fee: 100
  • Association Fee Per: Yearly

Schools

  • Elementary School: MT OLIVE
  • Middle School: BRAGG
  • High School: GARDENDALE

Lot Info

  • Assessor Parcel Number: 07-31-4-000-001.038

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: MOUNT OLIVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jun 11, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Welch Gwin Michael Wayne and Welch Gwin Rebecca
Seller's Agent
Hugh Morrow
RE/MAX Preferred
Buyer's Agent
Kalan Sargent
Magnolia Real Estate Group LLC
List Price
$190,000
Sold Price
$169,231
Premium/Discount to List
-$20,769
-10.93%
Current Estimated Value
$314,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,561
Avg. Annual Appreciation
6.31%
Original Mortgage
$160,769
Outstanding Balance
$127,008
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$187,784

Purchase Details

Closed on
Jun 12, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban and C/O Michaelson Conner And Boul

Purchase Details

Closed on
Mar 11, 2014
Sold by
Walton Randy A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 20, 2009
Sold by
Cotten Jerry L and Cotten Shondra R
Bought by
Walton Randy A and Walton Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2008
Sold by
Sirva Relocation Credit Llc
Bought by
Cotten Jerry L and Cotten Shonda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2000
Sold by
D & K Support Services Inc
Bought by
Fowler Michael and Fowler Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
7.87%
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
Welch Gwin Michael Wayne $169,231 --
Secretary Of Housing And Urban -- --
Wells Fargo Bank Na $146,260 --
Walton Randy A $195,000 None Available
Cotten Jerry L $162,500 None Available
Fowler Michael $155,000 Cahaba Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Gwin Michael Wayne $160,769
Previous Owner Walton Randy A $191,468
Previous Owner Cotten Jerry Lee $36,500
Previous Owner Cotten Jerry L $146,000
Previous Owner Fowler Michael J $21,900
Previous Owner Fowler Michael J $152,400
Previous Owner Fowler Michael $150,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $169,231 -10.9% $85 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $190,000 -- $95 / 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 $1,091 $22,840 -- --
2022 $916 $19,330 $5,000 $14,330
2021 $1,014 $21,300 $4,000 $17,300
2020 $1,014 $21,300 $4,000 $17,300
2019 $1,014 $21,300 $0 $0
2018 $897 $18,960 $0 $0
2017 $897 $18,960 $0 $0
2016 $897 $18,960 $0 $0
2015 $1,899 $18,960 $0 $0
2014 $1,201 $40,280 $0 $0
2013 $1,201 $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 622878

Greater Alabama MLS

APN: 07-00-31-4-000-001.038