5 months on rocket

532 Towne Lake Dr, Montgomery, AL, 36117

$554,900

Home List Price

$6,589*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
5,059 SqFt
$110/SqFt
House

Location

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532 Towne Lake Dr, Montgomery$554,900

Buyer Closing Credits

$6,589*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Pad
Year Built1993
HeatingCentral, Natural Gas, Multi Unit(s)
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s)
FireplaceOne, Gas Log
MLS #559654
Lot Size0.75 Acres
StatusActive

About 532 Towne Lake Dr

This prestigious 5-bedroom, 3.5-bathroom corner lot home boasts a sprawling 5,059 sqft and is move-in ready! Enter through double doors to a professionally decorated open floor plan, perfect for entertaining. The downstairs features a gourmet kitchen with a $2500 upgrade allowance for appliances, breakfast room, formal dining room, family room, master suite, guest bedroom, and a study. Upstairs, unwind in a large loft area, 3 additional bedrooms, a Jack-and-Jill bathroom, and a balcony. Unleash your creativity in the large bonus room with a private entrance, ideal for a home office, game room, or anything your heart desires! Step outside to your own private oasis, featuring an outdoor kitchen with a natural gas grill, a wood deck, a pergola with bar lights and electrical outlets, and a saltwater pool! This meticulously maintained home boasts a wealth of upgrades, including a new front door, new fence, new sod, new landscaping, smart door locks and handles, a new shower door in the master bath, monthly commercial lawn care, and more! Enjoy the peace and tranquility of your corner lot, where you can witness many deer grazing in your front yard each night. Rest assured with motion-detector security lighting and a full perimeter security camera system. A well-water system efficiently supplies your irrigation and pool needs, while separate pumps keep your pool sparkling clean. The pictures simply can't capture the full beauty of this home! Schedule a showing today and see why this is your dream home waiting to happen!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1993
  • Stories: 2
  • Living Area: 5,059 SqFt

Listing Office:

  • Office Name: KW Montgomery
  • Office Phone: (334) 277-8920
  • Listing Agent: Terra Jorgensen

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker, Cooktop, Self Cleaning Oven, Dryer, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Double Vanity, Handicap Access, High Ceilings, Jetted Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Workshop, Window Treatments, Breakfast Bar, Kitchen Island, Programmable Thermostat
  • Fireplace: One, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony, Covered Patio, Fully Fenced, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Porch, Patio, Storage

Parking Information:

  • Parking: Driveway, Parking Pad

Lot Features

Lot Information:

  • Lot: City Lot, Trees
  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Multi Unit(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: Atlanta Hwy to Techna Center Drive (Just past I-85 Intersection at Chantilly). Turn left on Towne Lake Drive. Home is on the right (corner of Towne Lake Drive & Bradford).

Price Information

Listing Price Info

Price Summary:

  • List Price: $554,900
  • Price Per SqFt: $110/SqFt

HOA Fees:

  • Amount: $162
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $1,569
  • Tax Year: 2020
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Housing Market Comparison

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

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Montgomery, AL

City

Med. Sold Price

$180K

Med. Price/SqFt

$103

Avg. Days On Market

74

# of Sold Homes

168

532 Towne Lake Dr vs Montgomery

155 DAYS ON ROCKET

+81 Days

$554,900

+$374.9K More

$110/SqFt

+$7 More

KEY TAKEAWAY

This property is $374.9K more than the Median Sold Price and $7/SqFt more than other homes in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #559654

Listing Office:

  • Office Name: KW Montgomery
  • Office Phone: (334) 277-8920
  • Listing Agent: Terra Jorgensen

IDX Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2011Home Sold
$443,450

Tax History

YEARPROP. TAXASSESSMENT
2020$1,569$40,700
2019 - $39,880
2018 - $42,980
2017 - $44,100

History based on county public records data.

Payment Calculator

$2,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,730

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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-89747
6
/10

  • Halcyon Elementary School

  • 1501 Parkview Dr S

  • 2.47 miles

  • Public District Grades PK-5

school-card-donut-89748
4
/10

  • Garrett Elementary School

  • 555 McLemore Dr

  • 2.70 miles

  • Public District Grades KG-5

school-card-donut-89749
3
/10

  • Wares Ferry Elementary School

  • 6425 Wares Ferry Rd

  • 3.54 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 $87,219. The most common annual income of people living in Montgomery, AL is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Montgomery, 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 Montgomery, AL.

Montgomery's housing market offers a diverse array of options, with single-family homes being particularly prevalent. Architectural styles in the area range from historic antebellum homes to contemporary constructions, reflecting the city's rich history and modern growth. The market is characterized by a mix of older homes dating back to the early 20th century, alongside newer developments that have expanded the city's residential landscape. The homeownership rate in Montgomery is robust, with a significant portion of residents investing in their own homes, while a competitive rental market caters to those preferring to rent.

What is it like to live in Montgomery, AL?

Montgomery prides itself on its deep historical roots and vibrant cultural scene. The city is celebrated for its significant role in the civil rights movement, with landmarks and museums commemorating this pivotal period in American history. The community enjoys a variety of annual events and festivals that showcase local arts, music, and cuisine, contributing to a strong sense of identity and pride among residents.

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

The community is served by a comprehensive network of services, including numerous public and private schools that offer a range of educational programs. Montgomery is home to several higher education institutions, adding to the educational depth of the city. Healthcare is well-facilitated, with major hospitals providing a spectrum of services from emergency care to specialized treatments. The city's public library system is extensive, supporting lifelong learning and community engagement. Retail and dining options abound, with an emphasis on local flavors and products, reflecting the city's Southern charm and culinary heritage.

Transportation in Montgomery, AL.

Montgomery's transportation infrastructure supports both private and public transit options. The city's bus system, known as The M, operates across multiple routes, facilitating access to key areas within the city. Ride-sharing services are readily available, providing convenient alternatives to traditional transit. While the city is designed to accommodate vehicle traffic, efforts have been made to improve walkability in certain districts, particularly in the downtown area. Major highways, such as Interstate 65 and Interstate 85, intersect in Montgomery, making it a hub for regional travel and commerce.

Frequently Asked Questions About 532 Towne Lake Dr

What is the listing price of this property?

The listing price of 532 Towne Lake Dr property is $554,900.

What type of property is this?

The property 532 Towne Lake Dr is a house located in Montgomery, Alabama, 36117.

Is this property for sale now?

Active Listing: 532 Towne Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,569 (source: MLS/based on county public records data).

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

The last sale was on September 27, 2011 for $443,450. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 532 Towne Lake Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 532 Towne Lake Dr is 5,059 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 532 Towne Lake Dr is 1993.

Rocket Homes›Alabama›Montgomery County›Montgomery›36117›532 Towne Lake Dr

This home is located at 532 Towne Lake Dr in Montgomery, AL and zip code 36117. This 5,059 square foot home, which was built in 1993, sits on a 0.75 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $554,900.

Montgomery, AL housing market in November 2024 saw over 23 listings sold above listed price, more than 50 sold at listed price and over 95 sold below. The number of listings in Montgomery, AL decreased by 0.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $180,000, while the average time on the real estate market was 74 days.

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

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