NOT LISTED FOR SALE

7070 Meadow Way Ln Big Cove, AL 35763

Estimated Value: $401,000 - $492,000

3 Beds
2 Baths
2,245 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $339,340 $151 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,735/month

Highlights

  • New Construction
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Hampton Cove Elementary School Rated A-
  • Clubhouse
  • 1 Fireplace

About This Home

As of December 2020

Sold Before Circulation

Last Agent to Sell the Property

Ken Cupp

Legend Realty License #87353 Listed on: 01/03/2021

Legend Realty

Last Buyer's Agent

Jan Garrett

Legend Realty License #53304

Legend Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Lot Details

  • 10,454 Sq Ft Lot

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • New Construction
  • Craftsman Architecture
  • Slab Foundation

Interior Spaces

  • 2,245 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2203060000035033

Community Details

Overview

  • The Meadows Association
  • The Retreat At Goose Creek Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Living Area: 2245
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: The Retreat At Goose Creek
  • Architectural Style: Bungalow/Craftsman
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 169
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 169
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: First
  • Room Living Room Area: 298.861111
  • Room Master Bedroom Area: 256

Exterior Features

  • Foundation Details: Slab
  • Property Condition: New Construction

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: The Meadows
  • Association: Yes

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Parcel Number: 2203060000035033
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 5

MLS Schools

  • Elementary School: Hampton Cove
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2021
Closed on
Dec 18, 2020
Sold by
Stoneridge Homes Inc
Bought by
Reid Richard Layne and Reid Elizabeth Derrick
Seller's Agent
Ken Cupp
Legend Realty
Buyer's Agent
Jan Garrett
Legend Realty
List Price
$333,095
Sold Price
$339,340
Premium/Discount to List
$6,245
1.87%
Current Estimated Value
$450,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,666
Avg. Annual Appreciation
8.04%
Original Mortgage
$271,472
Outstanding Balance
$246,651
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$233,649
Source: Public Records

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Range of Values:

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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
Reid Richard Layne $339,340 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Richard Layne $271,472
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2021 04/04/21 Off Market $339,340 -- --
01/03/2021 01/03/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $333,095 -1.8% $148 / Sq Ft
12/30/2020 12/30/20 Sold $339,340 -- $151 / 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 $2,195 $38,680 $7,500 $31,180
2023 $2,195 $37,440 $7,500 $29,940
2022 $1,944 $34,340 $6,000 $28,340
2021 $1,818 $31,340 $6,000 $25,340
2020 $522 $12,000 $12,000 $0
2019 $522 $12,000 $12,000 $0
2018 $522 $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Cupp

    Seller's Agent in 2021

    Ken Cupp

    Legend Realty

    (256) 652-5501

    59 in this area

    134 Total Sales

    Ken Cupp
    Section Image
  • Jan Garrett

    Buyer's Agent in 2021

    Jan Garrett

    Legend Realty

    (256) 683-0944

    1 in this area

    26 Total Sales

    Jan Garrett
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1771981

ValleyMLS.com

APN: 22-03-06-0-000-035.005

Alabama Madison County Big Cove 35763

7070 Meadow Way Ln, Big Cove, AL

This home is located at 7070 Meadow Way Ln, Big Cove, AL 35763 since 03 January 2021 and is currently estimated at $450,006, approximately $200 per square foot. 7070 Meadow Way Ln is a home located in Madison County with nearby schools including Hampton Cove Elementary School, Hampton Cove Middle School, and Huntsville High School.

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