NOT LISTED FOR SALE

1138 Lake Dr SE Bessemer, AL 35022

Estimated Value: $151,000 - $194,000

3 Beds
1 Bath
1,300 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $146,000 $112 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $975/month

126 Days on Market

Highlights

  • 0.89 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Den
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

If you are looking for a 3 bedroom/1 bath home with a fantastic location and a large flat lot then this is the home for you! With a little TLC you could make this your forever home. Home is being sold as is.

Last Agent to Sell the Property

Kerri Davis

ARC Realty Vestavia Listed on: 02/03/2024

ARC Realty Vestavia

Last Buyer's Agent

Andrew George

EXIT Realty Cahaba

EXIT Realty Cahaba

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1950

Lot Details

  • 0.89 Acre Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • Den
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • 1 Carport Space
  • Driveway

Schools

  • Greenwood-City Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21376134?w=PubMLS
  • Living Area: 1300
  • Legal Description: BEG AT INT OF COOLEY RD & E ROW OF MORGAN EXT IN SW4 OF NW4 SEC 1 TP 20 R 4W TH N 193 FT E 192 FT S 195 FT TO RD TH 195 FT TO POB
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 123
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1950
  • Price Per Sq Ft: 112.31
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Kitchen1|Den1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Den/Family, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1300

Exterior Features

  • Construction: Siding-Vinyl
  • Foundation: Crawl Space, Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Forced Air
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1300

Schools

  • Elementary School: GREENWOOD-CITY
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 42-00-01-2-000-027.000
  • Number Acres: 0.89

Tax Info

  • Tax District: BESSEMER
  • Annual Tax: 721

MLS Schools

  • Elementary School: GREENWOOD-CITY
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Jul 11, 2024
Sold by
Alabama Investment Homes Llc
Bought by
Barnard Kirk
Seller's Agent
Kerri Davis
ARC Realty Vestavia
Buyer's Agent
Andrew George
EXIT Realty Cahaba
List Price
$174,900
Sold Price
$146,000
Premium/Discount to List
-$28,900
-16.52%
Views
221
Current Estimated Value
$169,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,219
Avg. Annual Appreciation
13.32%

Purchase Details

Listed on
Apr 11, 2023
Closed on
Apr 12, 2023
Sold by
Demotte Nancy C
Bought by
Alabama Investment Homes Llc
Seller's Agent
Stephanie Lucas
Keller Williams Realty Hoover
Buyer's Agent
Stephanie Lucas
Keller Williams Realty Hoover
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Dec 18, 2004
Sold by
Gianacakos Nicholas L and Gianacakos Sandra J
Bought by
Demotte Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,624
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2001
Sold by
Demotte Sarah Nancy
Bought by
Gianacakos Nicholas L and Gianacakos Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barnard Kirk $146,000 None Listed On Document
Alabama Investment Homes Llc $130,000 --
Demotte Nancy C -- --
Gianacakos Nicholas L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demotte Nancy C $84,000
Previous Owner Demotte Nancy C $87,624
Previous Owner Gianacakos Nicholas L $7,500
Previous Owner Gianacakos Nicholas L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $146,000 -8.7% $112 / Sq Ft
05/30/2024 05/30/24 Price Changed $159,900 -5.9% $123 / Sq Ft
02/28/2024 02/28/24 Price Changed $169,900 -2.9% $131 / Sq Ft
02/03/2024 02/03/24 For Sale $174,900 +34.5% $135 / Sq Ft
04/12/2023 04/12/23 Sold $130,000 0.0% $100 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $130,000 -- $100 / 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 $884 $28,680 -- --
2022 $721 $11,250 $3,460 $7,790
2021 $690 $10,820 $3,460 $7,360
2020 $603 $9,470 $3,460 $6,010
2019 $557 $8,880 $0 $0
2018 $580 $9,220 $0 $0
2017 $580 $9,220 $0 $0
2016 $580 $9,220 $0 $0
2015 $580 $9,220 $0 $0
2014 $577 $9,100 $0 $0
2013 $577 $9,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kerri Davis

    Seller's Agent in 2024

    Kerri Davis

    ARC Realty Vestavia

    (205) 533-0090

    3 in this area

    110 Total Sales

    Kerri Davis
    Section Image

  • A

    Buyer's Agent in 2024

    Andrew George

    EXIT Realty Cahaba

    (205) 299-1739

    1 in this area

    62 Total Sales

    Andrew George
    Section Image
  • Stephanie Lucas

    Seller's Agent in 2023

    Stephanie Lucas

    Keller Williams Realty Hoover

    (205) 515-4192

    10 in this area

    195 Total Sales

    Stephanie Lucas
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 21376134

Greater Alabama MLS

APN: 42-00-01-2-000-027.000

Alabama Jefferson County Bessemer 35022

1138 Lake Dr SE, Bessemer, AL

This home is located at 1138 Lake Dr SE, Bessemer, AL 35022 since 03 February 2024 and is currently estimated at $169,219, approximately $130 per square foot. This property was built in 1950. 1138 Lake Dr SE is a home located in Jefferson County with nearby schools including Bessemer City High School, The Hillsboro School, and Riverside Christian Academy.

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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