NOT LISTED FOR SALE

Estimated Value: $347,000 - $448,605

3 Beds
2 Baths
2,072 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $338,000 $163 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,296/month

Highlights

  • 430 Feet of Waterfront
  • Home Theater
  • Lake View
  • Shelby Elementary School Rated A-
  • Fishing
  • Deck

About This Home

As of November 2021

Look at this beautiful lake home on Lay Lake in Shelby, AL! There are several things that make this home "over the top." Recent Upgrades include new Oak hardwoods upstairs, new tile flooring in kitchen and bath, double pane/double hung windows throughout the house, new SS appliances and cabinetry in kitchen, new roof shingles, fresh paint and a partially fenced back yard! Upstairs has a large LED television with surround sound as well as in the downstairs family room. There's an 8750 watt generator for the house and a large, oversized double carport. Home includes a gun safe, walk in closet and the 10' x 20' cedar shop is fully insulated. The home has gorgeous wood work and a nice large kitchen with beautiful upgrades. Lots of space for entertaining and a massive outdoor wrap around deck for outdoor fun! The open floor plan makes this a very inviting and nicely upgraded vacation, weekend or forever home with amazing views and lots of water front footage for easy access!

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage South Listed on: 10/07/2021

RE/MAX Advantage South

Last Buyer's Agent

Brian Thomas

RE/MAX Advantage South Listed on: 10/07/2021

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1983

Lot Details

  • 1.14 Acre Lot
  • 430 Feet of Waterfront
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Theater
  • Lake Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Convection Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Water Access
  • Swimming Allowed
  • Deck

Schools

  • Shelby Elementary School
  • Columbiana Middle School
  • Shelby County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Power Generator
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • $13 Other Monthly Fees

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1299931?w=PubMLS
  • Living Area: 1384
  • Legal Description: ALA POWER CO RECREATIONAL COTTAGE SITE SECTOR 5 LOT 288
  • List Price per Sq Ft: 244.22
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: UNKNOWN
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1983
  • Price Per Sq Ft: 163.13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Interior Amenities: Home Theater, Security System, Sound System
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Family Room (FIREPL), Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|FullBath1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Convection Oven, Dishwasher Built-In, Microwave Built-In, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 688
  • Unfinished Basement Sq Ft: 696
  • Main Level Sq Ft: 1384

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Fenced Yard, Storage Building, Workshop (EXTR)
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 430
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Assigned, Detached, Driveway Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2072

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Fishing, Swimming Allowed, Water Access

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 40
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 32-3-07-0-001-002.002
  • Lot Description: Acreage, Cul-de-sac
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1.14

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Generator, Insulated Door, Programmable Thermostat, Ridge Vent

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1152

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 17, 2021
Sold by
Nealand Raymond T and Nealand Cynthia
Bought by
Waggoner Wende Tarleton
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Brian Thomas
RE/MAX Advantage South
List Price
$338,000
Sold Price
$338,000
Current Estimated Value
$398,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,151
Avg. Annual Appreciation
3.87%
Original Mortgage
$304,200
Outstanding Balance
$282,234
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$107,282

Purchase Details

Closed on
Jan 25, 2011
Sold by
Nealand Raymond T and Nealand Lana N
Bought by
Nealand Raymond T

Purchase Details

Closed on
Aug 13, 2004
Sold by
Hatcher Thomas N and Hatcher Linda D
Bought by
Nealand Raymond T and Nealand Lana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 1998
Sold by
Hatcher Thomas N and Hatcher Linda D
Bought by
Alabama Property Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Waggoner Wende Tarleton $338,000 None Available
Nealand Raymond T -- None Available
Nealand Raymond T $170,000 --
Alabama Property Company $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waggoner Wende Tarleton $304,200
Previous Owner Nealand Raymond T $125,000
Previous Owner Nealand Raymond T $30,000
Previous Owner Nealand Raymond T $136,000
Previous Owner Hatcher Thomas N $25,000
Previous Owner Alabama Property Company $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $338,000 0.0% $163 / Sq Ft
10/07/2021 10/07/21 For Sale $338,000 -- $163 / 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 $1,529 $34,760 $0 $0
2023 $1,435 $33,540 $0 $0
2022 $1,295 $29,440 $0 $0
2021 $1,156 $26,280 $0 $0
2020 $1,152 $26,180 $0 $0
2019 $1,147 $26,060 $0 $0
2017 $992 $22,540 $0 $0
2015 $876 $19,920 $0 $0
2014 $869 $19,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1299931

Greater Alabama MLS

APN: 32-3-07-0-001-002-002