NOT LISTED FOR SALE

7200 Lathan Dr SE Owens Cross Roads, AL 35763

Estimated Value: $520,000 - $565,000

3 Beds
3 Baths
2,973 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $258,109 $87 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,010/month

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Goldsmith-Schiffman Elementary School Rated A-
  • Craftsman Architecture
  • Community Pool

About This Home

As of December 2016

This home features hardwoods & crown molding throughout the main living areas. The Great Rm's focal point is a beautiful fireplace w/a stacked stone surround; entertain comfortably in the large Dining Rm. The Kitchen's layout is perfect for the seasoned chef while an oversized 4 x 10 granite Island is THE gathering place for family & friends! Beautiful Master Suite w/huge closet! Stairs off the GR lead to a bonus room, 4th bedrm w/bath & walk-in closet.

Last Agent to Sell the Property

Frank Keller

Leading Edge, R.E. Group License #103681 Listed on: 12/12/2016

Last Buyer's Agent

Carol Jacobs

KW Huntsville Keller Williams License #48438

KW Huntsville Keller Williams

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 62 x 140

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • New Construction
  • Craftsman Architecture
  • Slab Foundation

Interior Spaces

  • 2,973 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Thermostat
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 540314

Community Details

Overview

  • Sanctuary Cove Oa Association
  • Sanctuary Cove Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Living Area: 2973
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 62 x 140
  • Subdivision Name: Sanctuary Cove
  • Architectural Style: Bungalow/Craftsman, Open Floor Plan
  • New Construction: Yes
  • Efficiency: Water Heater, Thermostat
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range
  • Levels: Two
  • Full Bathrooms: 3
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Low Flow Plumbing Fixtures
  • Window Features: Double Pane Windows
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 143
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: First
  • Room Living Room Area: 522
  • Room Kitchen Area: 140
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 272
  • Room Dining Room Area: 196

Exterior Features

  • Foundation Details: Slab
  • Property Condition: New Construction

Utilities

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

Condo/Co-op/Association

  • Amenities: Common Grounds, Pool
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Name: Sanctuary Cove Oa
  • Association: Yes

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Parcel Number: 540314
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HSV Utilities NHP

Tax Info

  • Tax Lot: 66

MLS Schools

  • Elementary School: Goldsmith-Schiffman
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Thompson Gary L and Thompson Mitzi Delaine
Bought by
Thompson Gary L and Thompson Mitzi Delaine
Current Estimated Value
$547,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,500
Outstanding Balance
$454,178
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$93,790

Purchase Details

Closed on
Jan 25, 2021
Sold by
Thompson Gary L
Bought by
Thompson Gary L and Thompson Mitzi Delaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,677
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
Thompson Gary L
Bought by
Thompson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,190
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2020
Sold by
Thompson Gary L
Bought by
Thompson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,190
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2019
Sold by
Crews Melissa Smith
Bought by
Thompson Gary L and Thompson Mitzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
Dec 12, 2016
Closed on
Nov 14, 2016
Sold by
Dr Horton Inc
Bought by
Crews Melissa Smith
Seller's Agent
Frank Keller
Leading Edge, R.E. Group
Buyer's Agent
Carol Jacobs
KW Huntsville Keller Williams
List Price
$258,109
Sold Price
$258,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$232,298
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Thompson Gary L $35,500 None Listed On Document
Thompson Gary L -- Chicago Title Company
Thompson Gary -- None Available
Thompson Gary -- None Available
Thompson Gary L $279,900 None Available
Crews Melissa Smith $258,109 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Gary L $464,500
Previous Owner Thompson Gary L $289,677
Previous Owner Thompson Gary $286,190
Previous Owner Thompson Gary $286,190
Previous Owner Thompson Gary L $279,900
Previous Owner Crews Melissa Smith $232,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Off Market $258,109 -- --
12/14/2016 12/14/16 Sold $258,109 0.0% $87 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
12/12/2016 12/12/16 For Sale $258,109 -- $87 / 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 -- $43,620 $8,000 $35,620
2023 $0 $42,580 $8,000 $34,580
2022 $0 $36,860 $5,000 $31,860
2021 $0 $30,440 $3,000 $27,440
2020 $0 $27,190 $3,000 $24,190
2019 $1,473 $26,220 $3,000 $23,220
2018 $1,453 $25,880 $0 $0
2017 $1,218 $41,980 $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

  • F

    Seller's Agent in 2016

    Frank Keller

    Leading Edge, R.E. Group

  • Carol Jacobs

    Buyer's Agent in 2016

    Carol Jacobs

    KW Huntsville Keller Williams

    (256) 651-7444

    3 in this area

    29 Total Sales

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Map

Source: ValleyMLS.com

MLS Number: 1058966

ValleyMLS.com

APN: 23-01-02-0-000-087.073

Alabama Madison County Owens Cross Roads 35763

7200 Lathan Dr SE, Owens Cross Roads, AL

This home is located at 7200 Lathan Dr SE, Owens Cross Roads, AL 35763 since 12 December 2016 and is currently estimated at $547,968, approximately $184 per square foot. 7200 Lathan Dr SE is a home located in Madison County with nearby schools including Goldsmith-Schiffman Elementary School, Hampton Cove Middle School, and Huntsville High School.

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