NOT LISTED FOR SALE

877 Cave Spring Rd Owens Cross Roads, AL 35763

Estimated Value: $336,138 - $388,000

4 Beds
3.5 Baths
2,500 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $285,000 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,015/month

27 Days on Market

Highlights

  • 1.11 Acre Lot
  • No HOA
  • Multiple Heating Units
  • Owens Cross Roads Elementary School Rated A-
  • Two cooling system units
  • Gas Log Fireplace

About This Home

As of September 2020

Amazing property alert! 2500 sq ft, 4BR/4BA home with Beautiful granite, tile, hardwood, amazing den w/ built in bar! Large private Master suite! Enjoy absolutely stunning mountain views from your back deck! Oversized Detached 3 car garage with plenty of work space! Home is sitting on over an acre of land. Call today for your private viewing. Agent is related to sellers.

Last Agent to Sell the Property

Heather Call

Leading Edge, R.E. Group License #113996 Listed on: 07/28/2020

Leading Edge, R.E. Group

Last Buyer's Agent

Michelle Bass

Regina Mitchell Real Estate License #120317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Lot Details

  • 1.11 Acre Lot

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • New Hope Elementary School
  • New Hope High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2205160001050001, 220516000104

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Lot Details

0

Listing Details

  • Living Area: 2500
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 110
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Family Room Area: 480
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 240
  • Room Kitchen Area: 209
  • Room Master Bedroom Area: 285

Utilities

  • Heating: Central 2, Propane
  • Cooling: Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: New Hope (K-12)

Lot Info

  • Parcel Number: 2205160001050001, 220516000104
  • Lot Size Sq Ft: 48351.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

MLS Schools

  • Elementary School: Owens Cross Roads
  • High School: New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Apr 10, 2015
Sold by
Sackett James F
Bought by
Hutchens William H and Hutchens Patricia A
Seller's Agent
Paul Woodfin
Coldwell Banker First
Buyer's Agent
Jerry O'Neal
Southern Elite Realty
List Price
$184,900
Sold Price
$173,000
Premium/Discount to List
-$11,900
-6.44%
Current Estimated Value
$366,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,035
Avg. Annual Appreciation
7.38%
Original Mortgage
$169,866
Outstanding Balance
$131,475
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$234,560

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jun 28, 2013
Sold by
Morelock J Edward and Morelock Kathy C
Bought by
Sackett James F
Seller's Agent
Tommy Adams
BHHS Rise Real Estate
Buyer's Agent
Becky Friar
@Homes Realty Group
List Price
$213,900
Sold Price
$173,000
Premium/Discount to List
-$40,900
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$100,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Mcpeters Judy C and Tabb Diane C
Bought by
Morelock J Edward and Morelock Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Vann Billy Shane
Bought by
Morelock Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Hutchens William H $173,000 None Available
Sackett James F $173,000 None Available
Morelock J Edward -- --
Morelock Kathy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchens William H $169,866
Closed Sackett James F $100,000
Previous Owner Morelock J Edward $116,000
Previous Owner Morelock Kathy C $84,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2020 12/29/20 Off Market $285,000 -- --
09/28/2020 09/28/20 Sold $285,000 0.0% $114 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $285,000 0.0% $114 / Sq Ft
08/16/2020 08/16/20 Price Changed $285,000 +1.8% $114 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $280,000 +61.8% $112 / Sq Ft
07/09/2015 07/09/15 Off Market $173,000 -- --
04/10/2015 04/10/15 Sold $173,000 -6.4% $69 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $184,900 +6.9% $74 / Sq Ft
09/26/2013 09/26/13 Off Market $173,000 -- --
06/28/2013 06/28/13 Sold $173,000 -19.1% $69 / Sq Ft View Prior Sale
05/29/2013 05/29/13 Pending -- -- --
06/04/2012 06/04/12 For Sale $213,900 -- $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 $891 $25,900 $2,280 $23,620
2023 $891 $25,200 $2,280 $22,920
2022 $757 $22,140 $1,180 $20,960
2021 $693 $20,400 $1,180 $19,220
2020 $477 $14,490 $1,250 $13,240
2019 $459 $13,990 $1,250 $12,740
2018 $448 $13,680 $0 $0
2017 $448 $13,680 $0 $0
2016 $448 $13,680 $0 $0
2015 $448 $13,680 $0 $0
2014 $433 $13,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Heather Call

    Leading Edge, R.E. Group

    Section Image
  • Michelle Bass

    Buyer's Agent in 2020

    Michelle Bass

    Regina Mitchell Real Estate

    (256) 631-7430

    15 Total Sales

    Michelle Bass
    Section Image
  • Paul Woodfin

    Seller's Agent in 2015

    Paul Woodfin

    Coldwell Banker First

    (256) 656-4171

    28 Total Sales

    Paul Woodfin
    Section Image
  • Jerry O'Neal

    Buyer's Agent in 2015

    Jerry O'Neal

    Southern Elite Realty

    (256) 503-7949

    21 in this area

    101 Total Sales

    Jerry O'Neal
    Section Image

  • T

    Seller's Agent in 2013

    Tommy Adams

    BHHS Rise Real Estate

  • Becky Friar

    Buyer's Agent in 2013

    Becky Friar

    @Homes Realty Group

    (256) 337-2541

    27 Total Sales

    Becky Friar
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1149172

ValleyMLS.com

APN: 22-05-16-0-001-050.001

Alabama Madison County Owens Cross Roads 35763

877 Cave Spring Rd, Owens Cross Roads, AL

This home is located at 877 Cave Spring Rd, Owens Cross Roads, AL 35763 since 28 July 2020 and is currently estimated at $366,035, approximately $146 per square foot. 877 Cave Spring Rd is a home located in Madison County with nearby schools including Owens Cross Roads Elementary School and New Hope High School.

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