NOT LISTED FOR SALE

Lot #3 Cove Dr Unit 3 Vincent, AL 35178

Cropwell Neighborhood

Estimated Value: $670,535

0.69 Acre
$971,790 Price per Acre
30,056 Sq Ft Lot

Last Sold May 11, 2020

Last sale price $145,000

Est. 362% increase in value since last sale

Current estimated payment $3,927/month

167 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Pier
  • Fishing Allowed
  • Docks
  • Community Boat Launch
  • Lake View

About This Lot

As of May 2020

LOGAN MARTIN LAKE – Absolutely one of the best lots left in Cumberland Coves subdivision. Over 105 +/- feet of pristine waterfront property. Perfect for a private home. Amenities in Cumberland Coves include sidewalks, streetlights, common area, private pond, boat launch, and underground utilities. This area of Logan Martin is one of the most desired so do not wait… schedule an appointment today!

Last Listed By

Dawn Jenkins

eXp Realty, LLC Central Listed on: 09/30/2019

eXp Realty, LLC Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $860

Year Built

  • 2021

Lot Details

  • 0.69 Acre Lot
  • 105 Feet of Waterfront

HOA Fees

  • $29 Monthly HOA Fees

Schools

  • Coosa Valley Elementary School
  • Duran Middle School
  • Pell City High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Lake Views
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 31-08-28-0-004-001.004

Community Details

Overview

  • $16 Other Monthly Fees

Recreation

  • Community Boat Launch
  • Fishing Allowed
  • Pier
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed
  • Docks
  • Pond
  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$860

Year Built

2021

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: Home Owner Restrict., House Plan Approval
  • Legal Description: Lot 3 Cumberland Coves S/D Phase one Resurvey of Lots 2
  • Intermed: Williams
  • Property Type: Lots
  • Flood Plain: Yes
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Waterfront Name: Logan Martin
  • Waterfront Frontage: 105
  • Road Access: County Road, Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Phone, Sewer, Water

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Direct Water Access, Fishing Allowed, Skiing Allowed, Swimming Allowed
  • Association Fee: 350
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Fee Information

  • Garbage Fee Amount: 48
  • Garbage Fee Per: Quarterly
  • Garbage Fee: Yes

Schools

  • Elementary School: COOSA VALLEY
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 31-08-28-0-004-001.004
  • Lot Description: Acreage
  • Lot View: Lake/Water View
  • Number Acres: 0.69
  • Zoning: Residential
  • Best Use Per Zone: Residential, Subdivision
  • Improvements: Dock, Lake, Pier, Pond, Sidewalks, Value In Land Only
  • List Price per Acre: 246231.88
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential
  • Unit/Lot Number: 3

Tax Info

  • Tax District: County
  • Annual Tax: 860

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: COOSA VALLEY
  • High School: PELL CITY
  • Jr Middle School: DURAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Cross Creek Contraction & Remodelig Llc
Bought by
Love Leonard Kurt and Love Christina King
Total Days on Market
167
Current Estimated Value
$670,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$158,035
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$512,500

Purchase Details

Closed on
Nov 19, 2020
Sold by
Love Leonard and Love Christina
Bought by
Cross Creek Contracting & Remodeling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 30, 2019
Closed on
May 8, 2020
Sold by
Adams Bradley and Adams Janice
Bought by
Love Leonard and Love Christina
Seller's Agent
Dawn Jenkins
eXp Realty, LLC Central
Buyer's Agent
Nicole Anderson
LAKE HOMES REALTY LLC dba LHR of West Alabama
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.92%

Purchase Details

Closed on
Jun 28, 2007
Sold by
Riverfront Development Partnership
Bought by
Adams Bradley and Adams Janice

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
Love Leonard Kurt $400,000 None Available
Cross Creek Contracting & Remodeling Llc -- None Available
Love Leonard $145,000 None Available
Adams Bradley $181,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Leonard Kurt $200,000
Closed Cross Creek Contracting & Remo $0
Previous Owner Cross Creek Contracting & Remodeling Llc $252,000
Previous Owner Cross Creek Contracting & Remodeling Ll $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $145,000 -14.7% --
09/30/2019 09/30/19 For Sale $169,900 -- --
Source: Greater Alabama MLS

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 $2,157 $122,516 $36,980 $85,536
2023 $2,154 $122,516 $36,980 $85,536
2022 $1,872 $53,323 $18,490 $34,833
2021 $860 $53,323 $18,490 $34,833
2020 $860 $27,736 $27,736 $0
2019 $860 $27,736 $27,736 $0
2018 $860 $27,740 $0 $0
2017 $860 $27,740 $0 $0
2016 $860 $27,740 $0 $0
2015 $860 $27,740 $0 $0
2014 -- $27,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 863853

Greater Alabama MLS

APN: 31-08-28-0-004-001.004