NOT LISTED FOR SALE

7300 Rainey Ln Cottondale, AL 35453

Estimated Value: $246,000 - $724,701

5 Beds
4.5 Baths
3,680 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $645,000 $175 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $2,342/month

53 Days on Market

Highlights

  • Horse Property
  • 24 Acre Lot
  • Vaulted Ceiling
  • Waterfront
  • Farm
  • Covered Patio or Porch

About This Home

As of July 2021

Classic Country living just minutes from town. Beautiful brick “French Country” home on 24 acres 2 miles off I-59/I-20 and 10 minutes to downtown. Fully fenced and cross fenced for horses or other livestock with a stocked pond for fishing, paddle boating or a playful swim. Bamboo hardwood flooring in the entry level living areas and carpet in the three bedrooms. Tumbled tile in the kitchen. Also on the entry level, along with floor to ceiling windows, 9 foot and 11 foot ceilings, 8” crown molding and classic lighting fixtures are two and a half bathrooms & a gas fireplace. The Master bedroom on the main floor with master bath, two walk-in closets, a tile shower and “Koehler” whirlpool tub. Kitchen has custom-built cabinets with tile countertops and two pantries.

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com Listed on: 04/16/2021

ListWithFreedom.com

Last Buyer's Agent

Ralph Harvey

ListWithFreedom.com Listed on: 04/16/2021

ListWithFreedom.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1999

Lot Details

  • 24 Acre Lot
  • Lot Dimensions are 1400x1100x1400x1100
  • Waterfront
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,680 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Propane Fireplace
  • Formal Dining Room
  • Laundry Room
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Schools

  • Cottondale Elementary School
  • Davis Emerson Middle School
  • Holt High School

Farming

  • Farm

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 37-01-02-4-001-002.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24.0
  • Lot Size: 1400x1100x1400x1100
  • Water Body Name: Other
  • Subdivision Name: N/A
  • Directions: Exit 77 Buttermilk Rd, south to Old Buttermilk Rd, turn left. Turn HARD Left onto Rainey Lane. 2nd drive on Left with black fence at driveway.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 21-25
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Propane, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Vaulted Ceiling(s), Wired for Sound, Central Vacuum
  • Living Area: 3680.0

Exterior Features

  • Fencing: Wood
  • Lot Features: Farm, Horse Property
  • Pool Features: None
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: Concrete Driveway
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Garage, Two Car Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Amenities: None

Schools

  • Elementary School: Cottondale
  • High School: Holt
  • Middle Or Junior School: Davis Emerson

Lot Info

  • Parcel #: 37-01-02-4-001-002.001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 23, 2021
Sold by
Akers Billy W
Bought by
Roller Frank and Roller Britta
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Ralph Harvey
ListWithFreedom.com
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Current Estimated Value
$431,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,325
Avg. Annual Appreciation
-9.04%
Original Mortgage
$325,000
Outstanding Balance
$294,247
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,428

Purchase Details

Closed on
Jul 25, 2016
Sold by
Busby Vernon A
Bought by
Akers Lisa Catherine

Purchase Details

Closed on
Sep 21, 2015
Sold by
Britt Lisa C
Bought by
Akers Billy W and Akers Lisa B

Purchase Details

Closed on
Nov 17, 2010
Sold by
Britt Catherine P
Bought by
Britt Lewis
Source: Public Records

Range of Values:

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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
Roller Frank $645,000 --
Akers Lisa Catherine $120,000 --
Akers Billy W -- --
Britt Lewis $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roller Frank $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $645,000 -0.8% $175 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $650,000 -- $177 / Sq Ft
Source: West Alabama Multiple Listing Service

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 $638 $53,420 $7,040 $46,380
2023 $638 $54,040 $7,040 $47,000
2022 $663 $55,300 $7,040 $48,260
2021 $684 $54,120 $5,520 $48,600
2020 $663 $26,280 $2,760 $23,520
2019 $677 $26,810 $2,760 $24,050
2018 $677 $26,810 $2,760 $24,050
2017 $607 $0 $0 $0
2016 $585 $0 $0 $0
2015 $585 $0 $0 $0
2014 -- $23,400 $1,410 $21,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Alabama Multiple Listing Service

MLS Number: 143468

West Alabama Multiple Listing Service

APN: 37-01-02-4-001-002.001