NOT LISTED FOR SALE

Lot 53 Sipsey Overlook Dr Unit 53 Double Springs, AL 35553

Estimated Value: $696,000 - $1,275,964

2 Acres
$489,620 Price per Acre
87,120 Sq Ft Lot

Last Sold November 19, 2018

Last sale price $162,000

Est. 504% increase in value since last sale

Current estimated payment $5,192/month

About This Lot

As of November 2018

Fantastic lot priced well below tax appraisal! This lot boasts +/- 470 of water frontage, deep year round water on gentle sloping rock shoreline. Located in a truly unspoiled area of Lewis Smith Lake. This lot is convenient to Birmingham and Huntsville. The subdivision has public water and electricity. A must see for anyone looking for the perfect lot to build.

Last Agent to Sell the Property

Trent Taylor

Lake & Coast Real Estate Co. Listed on: 06/27/2016

Last Buyer's Agent

Trent Taylor

Lake & Coast Real Estate Co. Listed on: 06/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,153

Lot Details

  • 2 Acre Lot
  • 470 Feet of Waterfront

Outdoor Features

  • Water Access
  • Lake Property

Schools

  • Double Springs Elementary And Middle School
  • Winston County High School

Utilities

  • Underground Utilities
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 67-12-04-17-0-000-004.004

Property Details

Property Type

Land

Est. Annual Taxes

$1,153

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Home Owner Restrict.
  • Legal Description: **ALL MEASUREMENTS INCLUDING WATER FRONTAGE AND ACREAGE TO BE VERIFIED BY THE PURCHASER**
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Smith Lake
  • Waterfront Frontage: 470
  • Road Access: Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Water
  • Utilities On-site: Underground Utils, Water

Condo/Co-op/Association

  • Amenities: Direct Water Access

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Included

Schools

  • Elementary School: DOUBLE SPRINGS
  • Middle School: DOUBLE SPRINGS
  • High School: WINSTON COUNTY

Lot Info

  • Assessor Parcel Number: 67-12-04-17-0-000-004.004
  • Number Acres: 2
  • Best Use Per Zone: Subdivision
  • Improvements: Lake
  • List Price per Acre: 94950
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 53

Tax Info

  • Tax District: Double Springs
  • Annual Tax: 1153

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: DOUBLE SPRINGS
  • High School: WINSTON COUNTY
  • Jr Middle School: DOUBLE SPRINGS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Sligar Larry H and Sligar Susan L
Bought by
Sligar Lary H and Sligar Susan L
Current Estimated Value
$979,241

Purchase Details

Closed on
Jun 7, 2006
Sold by
Al Land Partners Llc
Bought by
King James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,910
Interest Rate
6.49%
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
Sligar Lary H $160,000 None Available
King James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King James A $251,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $162,000 0.0% --
02/28/2017 02/28/17 Off Market $162,000 -- --
06/27/2016 06/27/16 For Sale $189,900 -- --
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 -- $80,780 $0 $0
2023 $0 $75,500 $0 $0
2022 $0 $67,260 $0 $0
2021 $1,263 $61,420 $0 $0
2020 $1,263 $45,120 $0 $0
2019 $1,263 $45,120 $0 $0
2018 $1,179 $42,120 $0 $0
2017 $1,095 $210,600 $0 $0
2016 $1,095 $210,600 $0 $0
2015 $1,114 $214,300 $0 $0
2014 $1,153 $221,800 $0 $0
2013 -- $240,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 755480

Greater Alabama MLS

APN: 12-04-17-0-000-004.004