NOT LISTED FOR SALE

7442 Elliott Ln Unit 11ac Leeds, AL 35094

Estimated Value: $247,000 - $355,000

11 Acres
$27,364 Price per Acre
479,160 Sq Ft Lot

Last Sold April 30, 2022

Last sale price $207,500

Est. 45% increase in value since last sale

Current estimated payment $1,642/month

223 Days on Market

About This Lot

As of April 2022

Ready to build your DREAM HOME. This is IT! Seller has done all the PREP WORK. Utilities are in PLACE. Great views, Very Private and yet close to everything in LEEDS, Grand River, BASS PRO and BUCEES

Last Agent to Sell the Property

Andy Watkins

Bob Watkins Realty Listed on: 06/03/2021

Last Buyer's Agent

Robin Turberville

ARC Realty Vestavia

ARC Realty Vestavia

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27

Lot Details

  • 11 Acre Lot
  • 7 Lots in the community
  • Property is zoned A1

Schools

  • Leeds Elementary And Middle School
  • Leeds High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-00-29-4-000-002.005

Property Details

Property Type

Land

Est. Annual Taxes

$27

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: BEG NE COR OF NW 1/4 OF SE 1/4 SEC 29 TP 17 R 1W TH W 558.9 FT TH S 403.9 FT TH E 122.8 FT TH SE 442.3 FT TH S 180.8 FT TH SE 210.8 FT TH S 232.5 FT TH NELY 153.9 FT TH N 1355.9 FT TO POB SECT 29 TWSP 17S RANGE 1E
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Water
  • Utilities On-site: Electricity, Water

Schools

  • Elementary School: LEEDS
  • Middle School: LEEDS
  • High School: LEEDS

Lot Info

  • Assessor Parcel Number: 25-00-29-4-000-002.005
  • Number Acres: 11
  • Zoning: A1
  • Best Use Per Zone: Agricultural (BESTUSE)
  • List Price per Acre: 22718.18
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Agricultural (AREA)
  • Unit/Lot Number: 11ac

Tax Info

  • Tax District: Leeds
  • Annual Tax: 30

Multi Family

  • Number Of Lots: 7-10 Lots

MLS Schools

  • Elementary School: LEEDS
  • High School: LEEDS
  • Jr Middle School: LEEDS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Mohan Christopher Owen
Bought by
Alabama Power Company
Current Estimated Value
$301,000

Purchase Details

Listed on
Jun 3, 2021
Closed on
May 2, 2022
Sold by
Sweatt Frank R
Bought by
Mohan Christopher Owen and Mohan Cynthia G
Seller's Agent
Andy Watkins
Bob Watkins Realty
Buyer's Agent
Robin Turberville
ARC Realty Vestavia
List Price
$349,900
Sold Price
$207,500
Premium/Discount to List
-$142,400
-40.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$300,000
Interest Rate
4.42%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Dec 16, 2020
Sold by
West Michael B
Bought by
Sweatt Frank R and Sweatt Kimberly

Purchase Details

Closed on
May 10, 2000
Sold by
West Michael B and Griffis John H
Bought by
West Michael B and West Jessie K
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
Alabama Power Company -- --
Mohan Christopher Owen $207,500 --
Sweatt Frank R $180,000 --
West Michael B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohan Christopher Owen $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2022 04/30/22 Sold $207,500 -17.0% --
01/12/2022 01/12/22 Pending -- -- --
09/19/2021 09/19/21 Price Changed $249,900 -16.4% --
07/29/2021 07/29/21 Price Changed $299,000 -9.4% --
07/12/2021 07/12/21 Price Changed $329,900 -5.7% --
06/03/2021 06/03/21 For Sale $349,900 -- --
Source: Greater Alabama MLS

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 $27 $460 $460 --
2022 $27 $9,400 $9,400 $0
2021 $27 $9,400 $9,400 $0
2020 $26 $9,400 $9,400 $0
2019 $26 $440 $0 $0
2018 $26 $440 $0 $0
2017 $25 $420 $0 $0
2016 $25 $420 $0 $0
2015 $25 $420 $0 $0
2014 $21 $420 $0 $0
2013 $21 $400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1287485

Greater Alabama MLS

APN: 25-00-29-4-000-002.005