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518 Waterford Cove Circle

518 Waterford Cove Circle, Calera, AL 35040
Property in Shelby
Sold Aug 03, 2020
$235,000
$235,000 by Northpointe Bank
Mortgage Due Aug 01, 2050
Sold Aug 29, 2005
$188,736
$150,988 by Southeastern Mortgage Of Alaba
Mortgage Due Sep 01, 2035
Local assessors in Calera, AL have categorized 518 Waterford Cove Circle as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 12,807 square feet. The linear feet between the front and back of the lot was measured at 1,463 ft and the front of the lot was measured at 1,004 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 518 Waterford Cove Circle has a total of 1,982 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 452 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The property was last sold in Jul 30, 2020 for $235,000. That's $118.57 per sqft. Prior to that sales transaction, the property was also sold in Aug 23, 2005 for $188,736. 518 Waterford Cove Circle was last assessed in 2023. The total value of the property was assessed at $27,840. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,462. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 12,807
  • Lot Size Depth Feet: 1,463
  • Lot Size Frontage Feet: 1,004
  • Total Building Area: 1,982
  • Building Area: 1,982
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,982
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERFORD COVE SEC 3 PH 2
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 34 21S 02W NBRHD: 03 WATERFORD COVE R-2

Ownership

  • Current Owner : JOHNSON MARIN V
  • Previous Owner : COPES BRIAN
  • Previous Owner 2: COPES ANGEL
  • Owner Before Previous Owner: CHANCELLOR CHARLIE F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030614

Geography

  • Assessors Map Reference: MP 34 PG 34
  • District: 03
  • Parcel: 228341004003000
  • Lot: 664A
  • Meridian: SEC 34 TWN 21S RNG 02W
  • Municipality: CALERA
  • Latitude: 33.1622
  • Longitude: -86.7294

    Address

  • Full Address: 518 Waterford Cove Cir
  • Address - House Number: 518
  • Address - Street Name: Waterford Cove
  • Address - Suffix Type: Cir
  • State: AL
  • City Name: Calera
  • Carrier Code: R006
  • 4-Digit Zip Code: 7647
  • Zip Code: 35040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,462

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 308,270
  • High Value: 358,493
  • Low Value: 258,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $278,300
  • Market Land Value: $60,000
  • Market Improvement Value: $218,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11776590794
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200803000328140
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Amount: $188,736
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHEASTERN MORTGAGE OF ALABA
  • Previous Mortgage Transaction Date: Aug 29, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $150,988
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Calera



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Frequently Asked Questions

What neighborhood is 518 Waterford Cove Circle located in?
The 518 Waterford Cove Circle is a located in the neighborhood of Shelby in Calera, Calera.
What is the average sales price for listings in 518 Waterford Cove Circle?
The average sales price for units in 518 Waterford Cove Circle is $0 currently.

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