NOT LISTED FOR SALE

885 King Drake Rd Brownsboro, AL 35741

Estimated Value: $1,479,000 - $1,659,059

5 Beds
7.5 Baths
7,502 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $940,000 $125 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,230/month

224 Days on Market

Highlights

  • 11.7 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Traditional Architecture
  • 2 Fireplaces
  • Multiple cooling system units

About This Home

As of August 2018

Extraordinary estate home conveniently located just seven minutes from downtown and Huntsville Hospital. This home sits on 11.7 acres with spectacular mountain views. Finest craftsmanship in this builder's personal home. Soaring ceilings, custom woodwork, fossilized limestone floors and site finished hardwoods. Grand antique front doors from Provence, France lead into a soaring 2 story foyer. Living room with coffered ceiling. Kitchen adjoins hearth room with beadboard barreled ceilings and stone fireplace. The media room appointed with projector and sound equipment. Beautiful landscaping with waterfall and koi pond. This amazing property qualifies for annexation to the City of Huntsville.

Last Agent to Sell the Property

Susan Baldwin

Keller Williams Horizon License #80729 Listed on: 12/01/2017

Keller Williams Horizon

Last Buyer's Agent

Susie Brown

RE/MAX Unlimited License #20805

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 11.7 Acre Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,502 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Cooktop
  • Warming Drawer
  • Microwave
  • High End Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Hampton Cove Elementary School
  • Huntsville High School

Utilities

  • Multiple 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 1806242000002002

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Living Area: 7502
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.7
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2001
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 5
  • Appliances: 48 Built In Refrig, Cooktop, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Warming Drawer
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 195
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 288
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 289
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 23
  • Room Family Room Area: 289
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Room Living Room Area: 408
  • Room Kitchen Area: 256
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 368
  • Room Dining Room Area: 255

Utilities

  • Heating: Central 2+, Electric, Propane
  • Cooling: Central 2+
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Hampton Cove

Lot Info

  • Parcel Number: 1806242000002002
  • Lot Size Sq Ft: 509651.999999
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: N/A

MLS Schools

  • Elementary School: Hampton Cove
  • High School: Huntsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Aug 15, 2018
Sold by
Progress Bank And Trust
Bought by
Brady Matthew Fraser and Brady Ashley Aye Chancellor
Seller's Agent
Susan Baldwin
Keller Williams Horizon
Buyer's Agent
Susie Brown
RE/MAX Unlimited
List Price
$1,250,000
Sold Price
$940,000
Premium/Discount to List
-$310,000
-24.8%
Current Estimated Value
$1,503,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,197
Avg. Annual Appreciation
7.13%
Original Mortgage
$818,275
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 2012
Sold by
Rader Phyllis Banner
Bought by
Nunn Renay Rader
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
Brady Matthew Fraser $940,000 None Available
Nunn Renay Rader $301,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Brady Matthew $600,000
Closed Brady Matthew Fraser $687,000
Closed Brady Matthew Fraser $825,134
Closed Brady Matthew Fraser $818,275
Previous Owner Nunn David W $900,000
Previous Owner Nunn David W $715,000
Previous Owner Nunn David W $417,000
Previous Owner Nunn David W $500,000
Previous Owner Nunn David W $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Off Market $940,000 -- --
08/15/2018 08/15/18 Sold $940,000 -6.0% $125 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $1,000,000 -20.0% $133 / Sq Ft
06/06/2018 06/06/18 For Sale $1,250,000 +33.0% $167 / Sq Ft
05/31/2018 05/31/18 Off Market $940,000 -- --
12/01/2017 12/01/17 For Sale $1,250,000 -- $167 / 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 -- $126,740 $25,140 $101,600
2023 $0 $123,820 $25,140 $98,680
2022 $0 $111,760 $25,140 $86,620
2021 $0 $101,640 $25,140 $76,500
2020 $0 $97,300 $25,130 $72,170
2019 $0 $94,420 $25,130 $69,290
2018 $0 $69,840 $0 $0
2017 $0 $69,840 $0 $0
2016 $0 $69,820 $0 $0
2015 -- $69,820 $0 $0
2014 $2,495 $69,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1083191

ValleyMLS.com

APN: 18-06-24-2-000-002.002