NOT LISTED FOR SALE

88 Cedar Cove Rd Scottsboro, AL 35769

Estimated Value: $690,645 - $982,000

5 Beds
4 Baths
4,400 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $432,000 $98 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,048/month

192 Days on Market

Highlights

  • Water Access
  • Main Floor Primary Bedroom
  • No HOA
  • Property fronts a channel
  • 2 Fireplaces
  • <<doubleOvenToken>>

About This Home

As of March 2016

BEAUTIFUL SOUTHERN LIVING HOME, WITH DEEP WATER, BOAT HOUSE SLIP AND FANTASTIC MID LAKE DREAM. REDUCED TO SELL. VIEW, POOL, GRANITE AND HARDWOOD. THIS HOME IS UNBELIEVABLE.

Last Agent to Sell the Property

Chuck Cranford

Ainsworth Real Estate, LLC License #71582 Listed on: 07/17/2015

Last Buyer's Agent

Chuck Cranford

Ainsworth Real Estate, LLC License #71582 Listed on: 07/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Lot Details

  • 0.54 Acre Lot
  • Property fronts a channel

Home Design

  • Reflective Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Double Pane Windows
  • Storm Doors
  • Basement

Kitchen

  • <<doubleOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Outdoor Features

  • Water Access

Schools

  • Dar Elementary School
  • Dar High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • Cedar Cove Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0609320000025009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Lot Details

0

Listing Details

  • Living Area: 4400
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Water Body Name: Lake Guntersville
  • Subdivision Name: Cedar Cove
  • New Construction: No
  • Efficiency: Reflective Roof
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Appliances: Cooktop, Dishwasher, Double Oven, Microwave, Refrigerator
  • Levels: Two
  • Basement: Basement
  • Full Bathrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 210
  • Room Bedroom4 Level: First
  • Room Bedroom3 Area: 216
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 209
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: Second
  • Room Kitchen Area: 315
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 330

Exterior Features

  • Waterfront Features: Water Access, Main Channel

Utilities

  • Heating: Central 2+
  • Cooling: Central 2+
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Dar

Lot Info

  • Parcel Number: 0609320000025009
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 5

MLS Schools

  • Elementary School: Dar
  • High School: Dar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Mar 30, 2016
Sold by
Bonner Nancy H
Bought by
Vickers Scott and Gordon Elizabeth
Seller's Agent
Chuck Cranford
Ainsworth Real Estate, LLC
Buyer's Agent
Chuck Cranford
Ainsworth Real Estate, LLC
List Price
$469,900
Sold Price
$432,000
Premium/Discount to List
-$37,900
-8.07%
Current Estimated Value
$884,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,215
Avg. Annual Appreciation
7.43%
Original Mortgage
$345,600
Outstanding Balance
$159,181
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$680,190

Purchase Details

Closed on
Feb 28, 2012
Sold by
Arrington Marsha G
Bought by
Bonner Nancy H

Purchase Details

Closed on
Jul 10, 2007
Sold by
Belmax Llc
Bought by
Bonner Nancy H

Purchase Details

Closed on
May 4, 2006
Sold by
Macala Ltd L L C
Bought by
Belmax Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.39%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Vickers Scott $432,000 None Available
Bonner Nancy H $1,000 None Available
Bonner Nancy H $121,000 None Available
Belmax Llc $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vickers Scott $345,600
Previous Owner Bonner George L $170,500
Previous Owner Bonner George L $150,000
Previous Owner Bonner Nancy H $125,000
Previous Owner Belmax Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Off Market $432,000 -- --
03/30/2016 03/30/16 Sold $432,000 -8.1% $98 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $469,900 -- $107 / 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 $1,982 $51,240 $0 $0
2023 $1,982 $48,180 $6,500 $41,680
2022 $1,843 $47,540 $0 $0
2021 $1,781 $45,900 $0 $0
2020 $1,505 $38,540 $0 $0
2017 $1,422 $36,320 $0 $0
2015 -- $35,120 $0 $0
2014 -- $36,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1024791

ValleyMLS.com

APN: 060932-0-000-025009