NOT LISTED FOR SALE

Lot 26 Sipsey Overlook Subdivision Double Springs, AL 35553

Estimated Value: $138,000

0.7 Acre
$197,143 Price per Acre
30,492 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $65,000

Est. 112% increase in value since last sale

Current estimated payment $781/month

42 Days on Market

About This Lot

As of September 2022

Beautiful gentle sloping lot in Sipsey Overlook. 0.70 acres with 151 feet of waterfront just off the main channel.

Last Agent to Sell the Property

Melissa Curtis

Lake League Real Estate Listed on: 07/06/2022

Co-Listed By

Jason McCullar

Lake League Real Estate License #142780

Last Buyer's Agent

Trent Taylor

LAKE & COAST REAL ESTATE CO License #96508

Property Details

Property Type

  • Land

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 151x147x214x71
  • Waterfront
  • Property fronts a county road

HOA Fees

  • $13 Monthly HOA Fees

Schools

  • Double Springs Elementary School
  • Double Springs Middle School
  • Double Springs High School

Utilities

  • Water Not Available
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 67-12-04-18-0-000-022.034

Community Details

Overview

  • Sipsey Overlook HOA
  • Double Springs Community
  • Sipsey Overlook Subdivision

Recreation

  • Marina

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Land and Lots
  • Type: Lots
  • Closing Attorney: Redstone Title
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 151x147x214x71
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Sp Lp Percent: 92.99
  • Subdivision Name: Sipsey Overlook
  • Mortgage Lender: Redstone
  • Agent Only_ L A1 User Code: C1070122101179
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 92857.14

Exterior Features

  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Water Not Available

Condo/Co-op/Association

  • Association Amenities: Marina
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: Sipsey Overlook HOA
  • Association: Yes
  • Community Name: Double Springs

Schools

  • Elementary School: Double Springs Elementary
  • Middle School: Double Springs Middle
  • High School: Double Springs

Lot Info

  • Acres: 0.7
  • Parcel Num: 67-12-04-18-0-000-022.034

Tax Info

  • Year: 2021
  • Tax Annual Amount: 43960

MLS Schools

  • Elementary School: Double Springs Elementary
  • Middle School: Double Springs Middle
  • HighSchool: Double Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Mckinley Timothy Alan and Therell Hadon
Bought by
Master Of The Universe Living Trust
Current Estimated Value
$138,000

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 22, 2022
Sold by
Faulmann Gordon S and Faulmann Huamin
Bought by
Timothy Alan Mckinley And Hadon Therell Mckin
Seller's Agent
Melissa Curtis
Lake League Real Estate
Buyer's Agent
Trent Taylor
LAKE & COAST REAL ESTATE CO
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.89%
Original Mortgage
$58,500
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Al Land Partners Llc
Bought by
Faulmann Gordon S and Faulmann Huamin Gu
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
Master Of The Universe Living Trust $65,000 None Listed On Document
Timothy Alan Mckinley And Hadon Therell Mckin $65,000 --
Faulmann Gordon S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timothy Alan Mckinley And Hadon Therell Mckin $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $65,000 -7.0% --
08/17/2022 08/17/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $69,900 -- --
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $440 $15,700 $0 $0
2023 $440 $15,700 $0 $0
2022 $440 $15,700 $0 $0
2021 $440 $15,700 $0 $0
2020 $440 $15,700 $0 $0
2019 $440 $15,700 $0 $0
2018 $406 $14,500 $0 $0
2017 $377 $72,500 $0 $0
2016 $377 $72,500 $0 $0
2015 $389 $74,900 $0 $0
2014 $113 $21,700 $0 $0
2013 -- $116,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 506464

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 12-04-18-0-000-022.034