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Backup Offers

518 N Lake Cv, Hoover, AL, 35242

$975,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
5,690 SqFt
$171/SqFt
House

Location

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518 N Lake Cv, Hoover$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Basement Parking, Driveway Parking, Parking (MLVL)
Attached Garage3 spaces
Year Built2000
HeatingMulti Unit(s), Central
CoolingMulti Unit(s), Central Air
BasementYes
FireplaceGas (FIREPL), See-Through, Gas Logs
MLS #21379180
Lot Size1.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 518 N Lake Cv

BEAUTIFUL CUSTOM BRICK HOME ON 1.25 LANDSCAPED ACRES WITH A FLAT BACKYARD, WATER FOUNTAIN, GARDENS, BREATHTAKING VIEWS, & AN ADDITION OF A MAIN LEVEL GARAGE, LAUNDRY/MUD ROOM, 2ND COZY DEN, & BONUS ROOM WHICH MAKES A GREAT OFFICE, or MEDIA/HOME SCHOOL ROOM! As you enter this gem you will be impressed by the stack stone fireplace in the great room with lg banquet table which is fabulous for entertaining. The chef style kitchen has a granite prep island, custom cabinetry, Thermador appliances, keeping/hearth room, & huge walk-in pantry. The lg master suite has a spa style bath with jetted garden tub, separate granite vanities, tile shower, & 2 walk-in closets. The 2nd level has 3 bedrooms, a workout room & an additional laundry. The basement makes a great apartment, and has a game room, bonus/bed room, full bath, kitchenette, lg storage closet, woodworking shop, art studio, & great parking. Enjoy a community pool, pavilion, tennis courts, playground, & private North Lake for fishing!

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 1
  • Living Area: 5,690 SqFt

Listing Office:

  • Office Name: ARC Realty Cahaba Heights
  • Office Phone: (205) 969-8910
  • Listing Agent: Alicia Cuevas

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Carpet, Concrete, Hardwood
  • Interior: Recess Lighting
  • Fireplace: Gas (FIREPL), See-Through, Gas Logs

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced Yard, Sprinkler System

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Basement Parking, Driveway Parking, Parking (MLVL)

Lot Features

Lot Information:

  • Lot Size: 1.25 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Central
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: Hwy 280 to Hugh Daniel Drive, follow to the North Lake gated entrance on the left, go thru the gate, take 1st left on North Way, left on North Lake Rd, right on North Lake Cove, home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $171/SqFt

HOA Fees:

  • Amount: $1295
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,726
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hoover, AL.

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Hoover, AL

City

Med. Sold Price

$485.5K

Med. Price/SqFt

$190

Avg. Days On Market

31

# of Sold Homes

88

518 N Lake Cv vs Hoover

287 DAYS ON ROCKET

+256 Days

$975,000

+$489.5K More

$171/SqFt

-$19 Less

KEY TAKEAWAY

This property is $489.5K more than the Median Sold Price and $19/SqFt less than other homes in Hoover, AL.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #21379180

Listing Office:

  • Office Name: ARC Realty Cahaba Heights
  • Office Phone: (205) 969-8910
  • Listing Agent: Alicia Cuevas

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2007Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,726$56,500
2019$3,972$60,360
2018$3,754$57,080
2017$3,785$57,540

History based on county public records data.

Payment Calculator

$5,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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.

Nearby Schools

school-card-donut-882776
9
/10

  • Mt Laurel Elementary School

  • 1 Jefferson Pl

  • 1.85 miles

  • Public District Grades KG-5

school-card-donut-882777
10
/10

  • Greystone Elementary School

  • 300 Village St

  • 1.92 miles

  • Public District Grades KG-5

school-card-donut-882778
10
/10

  • Vestavia Hills Elementary School - Liberty Park

  • 17051 Liberty Pkwy

  • 4.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $219,270. Residents of Hoover, AL typically earn $200k+ each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Hoover, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Hoover, AL.

The housing landscape in Hoover is characterized by a mix of single-family homes and multi-family units, with a prevalence of contemporary and traditional architectural styles. Single-family homes dominate the market, offering spacious living environments suitable for families and individuals alike. The area has seen a steady growth in housing developments, with a significant number of properties constructed in the late 20th century.

What is it like to live in Hoover, AL?

Hoover is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on its well-maintained parks and recreational facilities, which serve as hubs for local events and gatherings. Annual festivals and community events are a testament to the area's vibrant cultural life and the residents' active involvement in city affairs.

Is it easy to get around Hoover, AL without a car?

Residents of Hoover benefit from a robust educational system, with multiple public and private schools providing a range of educational opportunities. The city is home to several healthcare facilities, offering a spectrum of services from primary care to specialized treatments. Retail and dining options are plentiful, reflecting the local culture and catering to a variety of tastes and preferences. City initiatives are in place to continually improve services to meet the evolving needs of the community.

Transportation in Hoover, AL.

Hoover's transportation infrastructure supports both private and public transit options, with a network of roads and highways facilitating easy commuting and travel. Public transportation services are available, with schedules designed to accommodate the needs of residents. The city also offers ride-sharing services, enhancing mobility options. Certain areas of Hoover are known for their walkability, encouraging residents to enjoy the city's many pedestrian-friendly spaces.

Frequently Asked Questions About 518 N Lake Cv

What is the listing price of this property?

The listing price of 518 N Lake Cv property is $975,000.

What type of property is this?

The property 518 N Lake Cv is a house located in Hoover, Alabama, 35242.

Is this property for sale now?

Accepting Backup Offers: 518 N Lake Cv is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,726 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 5, 2007 for $495,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 N Lake Cv has 5 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 518 N Lake Cv is 5,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 N Lake Cv is 2000.

Rocket Homes›Alabama›Shelby County›Hoover›35242›518 N Lake Cv

This home is located at 518 N Lake Cv in Hoover, AL and zip code 35242. This 5,690 square foot home, which was built in 2000, sits on a 1.25 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $975,000.

In November 2024, from all listings sold in Hoover, AL there were more than 17 sold above asking price, over 48 sold below and more than 23 were sold right at the asked price. The inventory of homes for sale in Hoover, AL between October 2024 and November 2024 increased by 10%. In November 2024 median list price was $485,500 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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