NOT LISTED FOR SALE

696 Dry Creek Cove Rd Laceys Spring, AL 35754

Estimated Value: $1,057,000 - $1,255,376

7 Beds
5.5 Baths
6,369 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $544,500 $85 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,556/month

56 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Central Heating
  • 1 Fireplace
  • Multiple cooling system units

About This Home

As of January 2016

FANTASTIC MODERN HOME LESS THAN 10 YEARS OLD SITTING ON 20 BREATHTAKING VERY GENTLY SLOAPING ACRES SURROUNDED BY GEORGIOUS MOUNTAINS VIEWS. HUGE SAFE ROOM INSIDE THE HOME. THE VIEWS ON THIS 20 ACRES MAKES YOU FEEL LIKE YOUR RIGHT IN THE HEART OF THE CUMBERLAND MOUNTAINS IN GATLINBURG TN.

Last Agent to Sell the Property

Charles McCubbins

MAC Realty License #78020 Listed on: 12/01/2015

Last Buyer's Agent

Carl Thomas

RE/MAX Unlimited License #98650

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Lot Details

  • 20 Acre Lot

Interior Spaces

  • 6,369 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Schools

  • Laceys Spring Elementary School
  • Brewer High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Laceys Spring Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Lot Details

0

Listing Details

  • Living Area: 6369
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20
  • Subdivision Name: Laceys Spring Estates
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Appliances: Gas Oven, Microwave, Range
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Utilities

  • Heating: Central 1, Gas(n/a use NGas or PGas)
  • Cooling: Central 2+
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Laceys Spring

Lot Info

  • Lot Size Sq Ft: 871200
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: n/a

MLS Schools

  • Elementary School: Laceys Spring
  • High School: Brewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jan 29, 2016
Sold by
Southbank
Bought by
Hendrix Timothy Loy and Campbell Shirley
Seller's Agent
Charles McCubbins
MAC Realty
Buyer's Agent
Carl Thomas
RE/MAX Unlimited
List Price
$570,000
Sold Price
$544,500
Premium/Discount to List
-$25,500
-4.47%
Current Estimated Value
$1,156,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,688
Avg. Annual Appreciation
7.46%
Original Mortgage
$344,500
Outstanding Balance
$277,590
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$808,928

Purchase Details

Closed on
May 26, 2015
Sold by
Longo Paolo A and Longo Cynthia J
Bought by
Southbank

Purchase Details

Closed on
Dec 26, 2006
Sold by
Boone Daniel E and Boone Katherine S
Bought by
Longo Paolo A and Longo Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.1%
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
Hendrix Timothy Loy $544,000 None Available
Southbank $569,570 None Available
Longo Paolo A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendrix Timothy Loy $344,500
Previous Owner Longo Paolo A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Off Market $544,500 -- --
01/28/2016 01/28/16 Sold $544,500 -4.5% $85 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $570,000 -- $89 / 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 $3,219 $87,480 $17,930 $69,550
2023 $3,219 $83,670 $16,580 $67,090
2022 $2,858 $77,840 $15,070 $62,770
2021 $2,298 $64,920 $12,520 $52,400
2020 $2,298 $113,220 $12,520 $100,700
2019 $2,298 $62,880 $0 $0
2015 $2,172 $59,520 $0 $0
2014 $2,172 $59,520 $0 $0
2013 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1033728

ValleyMLS.com

APN: 09-05-15-0-001-020.000