NOT LISTED FOR SALE

1065 Lake Colony Ln Vestavia, AL 35242

Cahaba Heights Neighborhood

Estimated Value: $713,000 - $936,000

4 Beds
4.5 Baths
5,220 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $517,000 $99 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,842/month

Highlights

  • Community Boat Launch
  • In Ground Pool
  • Lake Property
  • Vestavia Hills Elementary Liberty Park Rated A+
  • Fishing
  • Screened Deck

About This Home

As of September 2019

Location, location, location! So much space for the money! What's not to love, with a private and gorgeous, fenced walk-out back yard, a three car garage, and an ELEVATOR with easy access to all three floors! If that's not enough, this one is just thirteen houses away from award-winning elementary and middle schools so the kids can simply grab their lunches and go! This home offers spacious square footage, with a unique room off the kitchen that could be used as a nursery, office, or play space for the kids! There's even a 40 foot screened porch overlooking the huge, private backyard, with both green spaces and gorgeous trees. Tankless hot water system, irrigation, a steam shower,and security are other features of this lovely property. The lot is larger than 1/2 an acre! This one won't last long so call today for details! Wow!!! What a value!

Last Agent to Sell the Property

Michelle Creamer

ARC Realty Vestavia-Liberty Pk Listed on: 07/18/2019

ARC Realty Vestavia-Liberty Pk

Last Buyer's Agent

Michelle Creamer

ARC Realty Vestavia-Liberty Pk Listed on: 07/18/2019

ARC Realty Vestavia-Liberty Pk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 1999

Lot Details

  • 0.58 Acre Lot
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Elevator
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Marble Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Home Security System
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • In Ground Pool
  • Pond
  • Lake Property
  • Screened Deck
  • Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00-08-1-000-010.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
  • Liberty Park HOA, Phone Number (205) 945-6401

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,970

Year Built

Built in 1999

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Living Area: 3831
  • Legal Description: Lot 9 Vestlake Village
  • List Price per Sq Ft: 143.57
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1999
  • Price Per Sq Ft: 99.04
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Amenities: Elevator, Recess Lighting, Security System
  • Fireplace Details: Marble (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Jetted Tub, Shared Bath, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |DiningRoom1|Office1|GreatRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom2|Bedroom2|Bedroom2|Bonus2|DenB|ExerciseB|FullBathB|
  • Room 1: Dining Room, On Level: 1
  • Room 2: Office/Study, On Level: 1
  • Room 3: Great Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bonus, On Level: 2
  • Room 11: Den/Family, On Level: B
  • Room 12: Exercise, On Level: B
  • Room 13: Full Bath, On Level: B
  • Basement Rooms: Den/Family (LVL BSMT), Exercise (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Bonus (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In
  • Kitchen Features: Breakfast Bar, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 1389
  • Main Level Sq Ft: 2323
  • Upper Level Sq Ft: 1508

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Screened (DECK)
  • Exterior Features: Fenced Yard, Sprinkler System, Porch Screened
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Tankless

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 3
  • Number Total Garage Spaces: 3
  • Parking Features: Attached, Basement Parking, Driveway Parking

Utilities

  • Heating: Forced Air, Gas Heat
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 5220

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Non Motor Only, Fishing, Park, Playgound, Pond, Private Lake, Sidewalks, Street Lights, Tennis Courts, Walking Paths
  • Association Fee: Yes
  • Association Fee: 1470
  • Association Fee Per: Yearly
  • HOA Management Company: Liberty Park HOA
  • Hoa Phone: 205-945-6401

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Recreation Facility, Reserve for Improvements, Utilities for Comm Areas
  • Fire Fee: Included
  • Garbage Fee: Included
  • Library Fee: Included

Schools

  • Elementary School: VESTAVIA-LIBERTY PARK
  • Middle School: LIBERTY PARK
  • High School: VESTAVIA HILLS

Lot Info

  • Assessor Parcel Number: 27-00-08-1-000-010.000
  • Lot Description: Interior Lot, Some Trees, Subdivision
  • Number Acres: 0.58

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Power Vent

Tax Info

  • Tax District: VESTAVIA HILLS
  • Annual Tax: 4970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 26, 2019
Sold by
Harper Scott
Bought by
Johnson Ashley Graham and Johnson Jay Ratliff
Seller's Agent
Michelle Creamer
ARC Realty Vestavia-Liberty Pk
Buyer's Agent
Michelle Creamer
ARC Realty Vestavia-Liberty Pk
List Price
$549,999
Sold Price
$517,000
Premium/Discount to List
-$32,999
-6%
Current Estimated Value
$811,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,165
Avg. Annual Appreciation
7.68%
Original Mortgage
$449,400
Outstanding Balance
$393,697
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$417,468

Purchase Details

Closed on
Aug 21, 2000
Sold by
Land Developers Construction Company Inc
Bought by
Harper Scott and Harper Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,600
Interest Rate
8.07%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Liberty Park Joint Venture
Bought by
Land Developers Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
7.13%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
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
Johnson Ashley Graham $517,000 --
Harper Scott $429,000 --
Land Developers Construction Company Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ashley Graham $449,400
Previous Owner Harper Scott $343,600
Previous Owner Land Developers Construction Company Inc $356,250
Closed Harper Scott $37,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $517,000 -6.0% $99 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $549,999 -- $105 / 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 $5,584 $65,620 -- --
2022 $5,170 $56,390 $13,500 $42,890
2021 $5,033 $54,910 $13,500 $41,410
2020 $4,884 $53,320 $16,340 $36,980
2019 $5,283 $115,240 $0 $0
2018 $4,970 $54,240 $0 $0
2017 $4,931 $53,820 $0 $0
2016 $4,773 $52,120 $0 $0
2015 $4,773 $52,120 $0 $0
2014 $4,706 $50,500 $0 $0
2013 $4,706 $50,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Creamer

    Seller's Agent in 2019

    Michelle Creamer

    ARC Realty Vestavia-Liberty Pk

    (205) 999-8164

    214 in this area

    303 Total Sales

    Michelle Creamer
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Map

Source: Greater Alabama MLS

MLS Number: 856485

Greater Alabama MLS

APN: 27-00-08-1-000-010.000

Alabama Jefferson County Vestavia 35242 Cahaba Heights

1065 Lake Colony Ln, Vestavia, AL

This home is located at 1065 Lake Colony Ln, Vestavia, AL 35242 since 18 July 2019 and is currently estimated at $811,165, approximately $155 per square foot. This property was built in 1999. 1065 Lake Colony Ln is a home located in Jefferson County with nearby schools including Vestavia Hills Elementary Liberty Park, Liberty Park Middle School, and Vestavia Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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