NOT LISTED FOR SALE

Estimated Value: $502,000 - $562,000

4 Beds
3 Baths
1,080 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $273,000 $253 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,982/month

Highlights

  • Boathouse
  • 100 Feet of Waterfront
  • RV or Boat Parking
  • Shelby Elementary School Rated A-
  • Fishing
  • Lake Property

About This Home

As of September 2012

LOOK!!PRICE REDUCED $30,000. SELLER BUYING BEACH HOME & WANTS QUICK SALE! FANTASTIC PRICE! Wonderful fulltime or vacation lakefront home on beautiful Lay Lake. Located in one of most desirable areas of the lake - Beautiful Shelby Shores - has community association of wonderful neighbors who enjoy living on the lake. Room for everyone! Completely furnished!!! Just move right in and start enjoying!!4 Big BRS plus additional bonus/den/play room upstairs that could be 5th BR-. Two master BRS w/private baths-one on main level & one upstairs. Nice kitchen/family rm w/FP- sep. LR. Wonderful HUGE covered deck overlooking lake. 2 car main level garage with plenty of storage for all your toys- New metal roof-Level wooded waterfront lot w/plenty of shade trees. Like new boathouse with 2 new heavy duty electric lifts for your boats- Lots of dock for fishing & entertaining. Split rock retainer wall on waterfrontage. The water level of Lay Lake does not fluctuate Like other lakes.GREAT FISHING LAKE.

Last Agent to Sell the Property

Jean Lowe

Lowe and Associates Realty Inc License #000022517 Listed on: 06/25/2012

Last Buyer's Agent

Jean Lowe

Lowe and Associates Realty Inc License #000022517 Listed on: 06/25/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,027

Year Built

  • 1990

Lot Details

  • 100 Feet of Waterfront
  • Interior Lot
  • Heavily Wooded Lot
  • Few Trees

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • RV or Boat Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Play Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed
  • Boathouse
  • Lake Property
  • Deck
  • Patio
  • Porch

Location

  • In Flood Plain

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31-3-07-0-002-026.000

Community Details

Overview

  • $12 Other Monthly Fees

Recreation

  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,027

Year Built

1990

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Legal Description: Lot 12 Shelby Shores 1969 Addition-
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: RODGERS PEST MGM
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Linen Closet, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Breakfast Room, On Level: 1
  • Room 6: Laundry, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Master Bedroom, On Level: 2
  • Room 10: Master Bath, On Level: 1
  • Room 11: Bedroom, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Play/Rec, On Level: 2
  • Rooms Level 1: Bedroom (LVL 1), Breakfast Room (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bedroom (LVL 2+), Play/Rec (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAY LAKE
  • Construction: Siding-Other, Siding-Wood, Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private, Storage Building, Porch
  • Foundation: Crawl Space
  • Patio Type: Open (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Driveway Parking, Parking (MLVL), RV Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Fishing, Private Lake, Skiing Allowed, Swimming Allowed, Walking Paths
  • Association Fee: Yes
  • Association Fee: 25
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 36
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: SHELBY
  • Middle School: COLUMBIANA
  • High School: SHELBY COUNTY

Lot Info

  • Assessor Parcel Number: 31-3-07-0-002-026.000
  • Flood Plain: Yes
  • Lot Description: Heavy Treed Lot, Interior Lot, Some Trees, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Storm Door

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2012
Closed on
Sep 28, 2012
Sold by
Sexton Richard P and Sexton Kathleen C
Bought by
Haywood Roy Everett and Haywood Karen Stanford
Seller's Agent
Jean Lowe
Lowe and Associates Realty Inc
Buyer's Agent
Jean Lowe
Lowe and Associates Realty Inc
List Price
$329,000
Sold Price
$273,000
Premium/Discount to List
-$56,000
-17.02%
Current Estimated Value
$527,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,620
Avg. Annual Appreciation
5.06%
Original Mortgage
$210,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Foster Stephen L and Foster Jennifer D
Bought by
Sexton Richard P and Sexton Kathleen C

Purchase Details

Closed on
Apr 23, 2003
Sold by
Conseco Finance Corp Alabama
Bought by
Foster Stephen L and Foster Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,150
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2000
Sold by
Robert Wyatt and Robert Jacqueline Y
Bought by
Goodwin Jim L and Goodwin Melissa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Haywood Roy Everett $273,000 None Available
Sexton Richard P $307,000 None Available
Foster Stephen L $157,280 --
Goodwin Jim L $220,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haywood Roy Everett $148,000
Closed Haywood Roy Everett $210,000
Closed Foster Stephen L $275,793
Closed Foster Stephen L $132,150
Previous Owner Goodwin Jim L $169,000
Closed Goodwin Jim L $40,000
Closed Foster Stephen L $24,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $273,000 -17.0% $253 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $329,000 -- $305 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,027 $46,060 $0 $0
2023 $1,920 $43,640 $0 $0
2022 $1,718 $39,040 $0 $0
2021 $1,522 $34,600 $0 $0
2020 $1,397 $31,740 $0 $0
2019 $1,376 $31,280 $0 $0
2017 $1,272 $28,920 $0 $0
2015 $1,228 $27,920 $0 $0
2014 $1,206 $27,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 535830

Greater Alabama MLS

APN: 31-3-07-0-002-026-000