StatusAccepting Backup Offers (Active with Contingency)
About 247 Cove Dr
Here is your perfect Retreat in the Woods with access to Lake Martin by the neighborhood common piers, boat ramp and swimming beach. You can easily be boating on Lake Martin in minutes. The primary bedroom and bath are located on the main floor, while the roomy sleeping loft is just a short climb up the ladder. Nightly rentals are allowed by the HOA.
Property Details
Property Features
Property Information:
Architectural Style: Craftsman
Year Built: 2024
Stories: 1
Listing Office:
Office Name: Lake Homes Realty of Central Alabama
Office Email: LHRBroker@lakehomes.com
Listing Agent: John W Franklin
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
View: Water, Trees/Woods, Other
Exterior: Deck
Lot Features
Lot Information:
Lot: Waterfront, Wooded, Sloped, Views
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
Other
Directions Information:
Directions: From AL-229 (Red Hill Rd) turn on Cove Drive. Proceed 2/10s of a mile and turn left on the gravel road. See directionals and sign.
Price Information
Listing Price Info
Price Summary:
List Price: $189,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Eclectic, AL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,015
Per Month
Principal & Interest
$948
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$636
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Eclectic Elementary School
35 Harden St
Distance between this listing and this school6.16 miles
Public District Grades PK-4
5
/10
Reeltown Elementary School
4085 Al Highway 120
Distance between this listing and this school11.31 miles
Public District Grades PK-6
7
/10
Tallassee Elementary School
850 Friendship Rd
Distance between this listing and this school11.55 miles
Public District Grades PK-4
Nearby Schools
4
/10
Eclectic Middle School
170 S Ann St
Distance between this listing and this school5.72 miles
Public District Grades 5-8
4
/10
Southside Middle School
901 Eb Payne Sr Dr
Distance between this listing and this school12.50 miles
Public District Grades 5-8
7
/10
William L Radney Elementary School
140 Alison Dr
Distance between this listing and this school16.00 miles
Public District Grades 5-6
Nearby Schools
8
/10
Elmore County High School
155 N College Ave
Distance between this listing and this school5.91 miles
Public District Grades 9-12
5
/10
Reeltown High School
4090 Al Highway 120
Distance between this listing and this school11.40 miles
Public District Grades 7-12
3
/10
Tallassee High School
502 Barnett Blvd
Distance between this listing and this school11.76 miles
The neighbors living near this home have an average income of $51,894. The majority of Eclectic, AL residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 247 Cove Dr
What is the listing price of this property?
The listing price of 247 Cove Dr property is $189,900.
What type of property is this?
The property 247 Cove Dr is a house located in Eclectic, Alabama, 36024.
Is this property for sale now?
Accepting Backup Offers: 247 Cove Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 247 Cove Dr has 1 bedroom and 1 bathroom.
This home is located at 247 Cove Dr in Eclectic, AL and zip code 36024. This home, which was built in 2024, sits on a 0.21 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $189,900.
Eclectic, AL housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. The number of homes for sale in Eclectic, AL increased by 3.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 77 days, the median list price was $287,650.
From Rocket Homes Real Estate and based on county public records data.