NOT LISTED FOR SALE

7540 Parktrace Ln SE Owens Cross Roads, AL 35763

Estimated Value: $449,119 - $522,000

4 Beds
3.5 Baths
2,960 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $246,900 $83 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,758/month

11 Days on Market

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Double Pane Windows
  • Goldsmith-Schiffman Elementary School Rated A-
  • Community Pool
  • Two cooling system units

About This Home

As of February 2014

This two-story full brick home welcomes you inside with an inviting open floor plan that is sure to please! Spacious greatroom has tons of natural light and is open to the kitchen. Elegant formal dining room makes entertaining look easy. Expansive kitchen features abundant cabinetry, island, granite counters and huge breakfast area. Isolated main level master suite is a dreamy retreat. Upstairs offers three additional bedrooms, two full baths, plus a rec room for the kids to hang out in!

Last Agent to Sell the Property

Anne Owen

Legend Realty License #24746 Listed on: 12/26/2013

Legend Realty

Last Buyer's Agent

Lea Ellison

KW Huntsville Keller Williams License #82529

KW Huntsville Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,973

Lot Details

  • Lot Dimensions are 80 x 160 x 80 x 160

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,960 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 2301110000036118

Community Details

Overview

  • Alabama Heritage Homes Association
  • Highland Park Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,973

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Living Area: 2960
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80 x 160 x 80 x 160
  • Subdivision Name: Highland Park
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Microwave, Range
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 156
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 20
  • Room Bedroom2 Level: Second
  • Room Kitchen Area: 168
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 280
  • Room Dining Room Area: 169

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1, Central 2, Electric
  • Cooling: Central 1, 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: 450
  • Association Fee Frequency: Annually
  • Association Name: Alabama Heritage Homes
  • Association: Yes

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Parcel Number: 2301110000036118
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 115

MLS Schools

  • Elementary School: Hampton Cove
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 28, 2014
Sold by
Thomas Frank P and Thomas Patricia J
Bought by
Thomas Frank P and Thomas Patricia J
Seller's Agent
Anne Owen
Legend Realty
Buyer's Agent
Lea Ellison
KW Huntsville Keller Williams
List Price
$254,000
Sold Price
$246,900
Premium/Discount to List
-$7,100
-2.8%
Current Estimated Value
$482,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,130
Avg. Annual Appreciation
5.92%
Original Mortgage
$197,520
Outstanding Balance
$58,384
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$423,646

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 25, 2014
Sold by
Secretary Of Hud
Bought by
Thomas Frank P and Thomas Patricia J
Seller's Agent
Anne Owen
Legend Realty
Buyer's Agent
Lea Ellison
KW Huntsville Keller Williams
List Price
$254,000
Sold Price
$246,900
Premium/Discount to List
-$7,100
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,520
Outstanding Balance
$58,384
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$423,646

Purchase Details

Closed on
Jan 17, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud Of Washington Dc

Purchase Details

Closed on
Feb 11, 2010
Sold by
Hays Charles E and Hays Laminda F
Bought by
Bank Of America Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,742
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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
Thomas Frank P $49,500 None Available
Thomas Frank P $246,900 None Available
Secretary Of Hud Of Washington Dc $273,434 None Available
Bank Of America Na $273,434 None Available
Hays Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Frank P $197,520
Previous Owner Hays Charles E $275,742
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2014 06/11/14 Off Market $246,900 -- --
02/28/2014 02/28/14 Sold $246,900 -2.8% $83 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $254,000 -- $86 / 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 $1,973 $34,840 $4,500 $30,340
2023 $1,973 $33,640 $4,500 $29,140
2022 $1,796 $31,800 $4,500 $27,300
2021 $1,629 $28,920 $4,500 $24,420
2020 $1,552 $27,580 $4,500 $23,080
2019 $1,501 $26,690 $4,500 $22,190
2018 $1,480 $26,340 $0 $0
2017 $1,480 $26,340 $0 $0
2016 $1,480 $26,340 $0 $0
2015 $1,480 $26,340 $0 $0
2014 $3,081 $53,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anne Owen

    Seller's Agent in 2014

    Anne Owen

    Legend Realty

    (256) 348-2596

    3 in this area

    356 Total Sales

    Anne Owen
    Section Image

  • L

    Buyer's Agent in 2014

    Lea Ellison

    KW Huntsville Keller Williams

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 366857

ValleyMLS.com

APN: 23-01-11-0-000-036.118

Alabama Madison County Owens Cross Roads 35763

7540 Parktrace Ln SE, Owens Cross Roads, AL

This home is located at 7540 Parktrace Ln SE, Owens Cross Roads, AL 35763 since 26 December 2013 and is currently estimated at $482,030, approximately $162 per square foot. 7540 Parktrace Ln 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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