$283,689
SOLD NOV 10, 2016 RENTED APR 29, 2025
4 Beds
3.5 Baths
2,801 Sq Ft
0.28 Acres

Recently Sold

$101 Per Sq Ft

64 Days on Market

Highlights

  • Home Under Construction
  • Community Pool
  • Central Heating and Cooling System
  • Clubhouse
  • Tennis Courts
  • Gas Log Fireplace

About This Home

As of November 2016

This open concept Mallory plan will be move in ready by approx. 10/20/16. 4 bedrooms, 3 1/2 baths, AND a study. A great value! Isolated master bedroom, gorgeous master bath, bedroom 4 guest suite, and jack and jill bath between bedrooms 2 & 3. MODEL HOME AT 45 CYPRESS GROVE LANE OPEN 7 DAYS A WEEK! Monday - Saturday, 10am-6pm, Sunday 1pm-6pm. Come find your piece of resort living... every day!

Last Agent to Sell the Property

Kena Brannan

Meritage Homes of Alabama License #99201 Listed on: 08/05/2016

Last Buyer's Agent

Tony Julian

North Alabama R. E. Group, LLC License #87195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,107

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80 x 150

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Home Under Construction
  • Slab Foundation

Interior Spaces

  • 2,801 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 518700

Community Details

Overview

  • Lake Forest Association
  • Lake Forest Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,107

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Living Area: 2801
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 80 x 150
  • Subdivision Name: Lake Forest
  • Architectural Style: Ranch/1 Story
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 21.416666
  • Room Living Room Area: 2652.083333
  • Room Kitchen Area: 228.25
  • Room Master Bedroom Area: 323.034722
  • Room Dining Room Area: 214.5

Exterior Features

  • Foundation Details: Slab
  • Property Condition: Under Construction

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Lake Forest
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 518700
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 2

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 10, 2016
Sold by
D R Horton Inc
Bought by
Favero Jason Michael and Favero Mary
Seller's Agent
Kena Brannan
Meritage Homes of Alabama
Buyer's Agent
Tony Julian
North Alabama R. E. Group, LLC
List Price
$283,689
Sold Price
$283,689
Current Estimated Value
$486,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,145
Avg. Annual Appreciation
6.26%
Original Mortgage
$244,149
Interest Rate
3.42%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $283,689 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,763 VA
Closed $284,897 VA
Closed $292,000 No Value Available
Closed $244,149 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Rented $2,500 0.0% --
04/29/2025 04/29/25 For Rent $2,500 0.0% --
06/03/2024 06/03/24 Rented $2,500 0.0% --
06/03/2024 06/03/24 For Rent $2,500 +19.0% --
07/17/2020 07/17/20 Off Market $2,100 -- --
04/18/2020 04/18/20 Rented $2,100 0.0% --
04/09/2020 04/09/20 For Rent $2,100 0.0% --
01/23/2020 01/23/20 Off Market $2,100 -- --
10/25/2019 10/25/19 Rented $2,100 0.0% --
10/21/2019 10/21/19 For Rent $2,100 0.0% --
02/12/2017 02/12/17 Off Market $283,689 -- --
11/10/2016 11/10/16 Sold $283,689 0.0% $101 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $283,689 -- $101 / 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 $5,107 $88,060 $14,000 $74,060
2023 $5,107 $88,060 $14,000 $74,060
2022 $4,560 $78,620 $12,000 $66,620
2021 $3,732 $64,580 $8,800 $55,780
2020 $1,655 $29,350 $4,000 $25,350
2019 $1,596 $28,330 $4,000 $24,330
2018 $3,297 $56,840 $0 $0
2017 $1,450 $50,000 $0 $0
2016 $348 $6,000 $0 $0
2015 $348 $6,000 $0 $0
2014 $348 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1051030

ValleyMLS.com

APN: 16-08-34-0-000-016.175