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4938 Cove Valley Drive Southeast

4938 Cove Valley Drive Southeast, Owens Cross Roads, AL 35763
Property in Hampton Valley
Sold Aug 13, 2021
$355,000
$342,814 by Firstbank
Mortgage Due Sep 01, 2051
Sold Sep 22, 2006
$245,000
$219,600 by Platinum Mortgage Inc
Mortgage Due Oct 01, 2036
4938 Cove Valley Drive Southeast has been categorized by the local assessors in Owens Cross Roads, AL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4938 Cove Valley Drive Southeast has 2,294 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,490 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 14,898 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4938 Cove Valley Drive Southeast was last sold in Aug 11, 2021 for $355,000. According to our calculations, that's $154.75 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Sep 22, 2006. Current property owners are expected to pay $2,202 in taxes per year. The property on 4938 Cove Valley Drive Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,800. To break that down further, the land itself was valued at $5,940. While improvements to the property were assessed at a total of $32,860. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,898
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,294
  • Building Area: 2,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMPTON VALLEY
  • Land Acres: 0.342
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 HAMPTON VALLEY PB 20040623000173160

Ownership

  • Current Owner : FLETCHER ROBERT WAYNE
  • Previous Owner : BOWERS HAL D
  • Previous Owner 2: BOWERS JERRI L
  • Owner Before Previous Owner: SOUTHERN CONCEPTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 010903

Geography

  • Account Number: 577017
  • Parcel: 18-07-35-0-000-064.037
  • Lot: 2
  • Meridian: SEC 35 TWN 04S RNG 01E
  • Municipality: HUNTSVILLE
  • Latitude: 34.6433
  • Longitude: -86.4853

    Address

  • Full Address: 4938 Cove Valley Dr Se
  • Address - House Number: 4938
  • Street Segment Direction: SE
  • Address - Street Name: Cove Valley
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Owens Cross Roads
  • Carrier Code: R009
  • 4-Digit Zip Code: 9168
  • Zip Code: 35763

Valuation

    Tax

  • Total Area: 2,666
  • Tax Year: 2023
  • Tax Amount: $2,202

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 432,037
  • High Value: 537,147
  • Low Value: 326,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,814
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $342,814
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $387,900
  • Market Land Value: $59,400
  • Market Improvement Value: $328,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,800
  • Assessed Land Value: $5,940
  • Assessed Improvements Value: $32,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11849745146
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00067590
  • Previous Sale Recording Date: Sep 22, 2006
  • Previous Sale Contract Date: Sep 22, 2006
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $342,814
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 22, 2006
  • Previous Mortgage Loan Amount: $219,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Hampton Valley



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Frequently Asked Questions

What neighborhood is 4938 Cove Valley Drive Southeast located in?
The 4938 Cove Valley Drive Southeast is a located in the neighborhood of Hampton Valley in Hampton Valley, Owens Cross Roads.
What is the average sales price for listings in 4938 Cove Valley Drive Southeast?
The average sales price for units in 4938 Cove Valley Drive Southeast is $0 currently.

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