NOT LISTED FOR SALE

1181 Forest Lakes Way Sterrett, AL 35147

Estimated Value: $266,000 - $277,738

3 Beds
2 Baths
1,244 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $280,000 $225 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,581/month

1 Day on Market

Highlights

  • Cathedral Ceiling
  • Attic
  • Stainless Steel Appliances
  • Chelsea Park Elementary School Rated A-
  • Stone Countertops
  • Fenced Yard

About This Home

As of August 2023

Open the door to a freshly updated 3 bedroom 2 bath home in Forest Lakes! Inside you will find neutral paint throughout as well as designer lighting! Enjoy the spacious living room with a cozy fireplace and high ceilings. Walk into the kitchen to see quartz countertops as well as all stainless appliances purchased in 2020. This home features beautiful custom plantation shutters throughout! The master bedroom features a walk in closet as well as an en-suite bathroom that has an oversized walk in tile shower with a custom linen closet and new flooring that was completed in 2022. The other two bedrooms display excellent natural light as well as space! Take a peek in the second bathroom at updated tile as well as a new vanity! Love to enjoy the outdoors? This home has a custom poured concrete patio that fits any style furniture so you can enjoy your large fully fenced back yard! Don't forget about the 2 car garage with plenty of storage! Libby Mitchell eXp Realty LLC 205-306-0807

Last Agent to Sell the Property

Libby Mitchell

Keller Williams Realty Vestavia Listed on: 07/07/2023

Keller Williams Realty Vestavia

Last Buyer's Agent

Jessica Gilmore

ARC Realty 280

ARC Realty 280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Stove
  • Warming Drawer
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 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

Outdoor Features

  • Patio

Schools

  • Chelsea Park Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Association fees include common grounds mntc, reserve for improvements, utilities for comm areas
  • $12 Other Monthly Fees
  • Forest Lakes HOA

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1358607?w=PubMLS
  • Living Area: 1244
  • Legal Description: FOREST LAKES SEC 4 LOT 307
  • List Price per Sq Ft: 221.06
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 225.08
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All, Some to Remain
  • Bedroom/Bathroom Features: Linen Closet, Separate Shower, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • 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: Bedroom, On Level: 1
  • Room 7: Full Bath, 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)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Convection Oven, Cooktop-Electric, Dishwasher Built-In, Freezer, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Some Stainless Appl, Stove-Electric, Warming Drawer
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1244

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Brick Over Foundation, Siding-Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1244

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly
  • HOA Management Company: Forest Lakes HOA

Fee Information

  • Fees Include: Common Grounds Mntc, Reserve for Improvements, Utilities for Comm Areas
  • Garbage Fee: Yes
  • Garbage Fee Amount: 36
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: CHELSEA PARK
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 09-5-22-0-008-036.000
  • Number Acres: 0.16

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 856

MLS Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA
  • Jr Middle School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jul 31, 2023
Sold by
Mitchell Adam F and Mitchell Libby C
Bought by
Savoie Chase and Savoie Holly Chatham
Seller's Agent
Libby Mitchell
Keller Williams Realty Vestavia
Buyer's Agent
Jessica Gilmore
ARC Realty 280
List Price
$274,999
Sold Price
$280,000
Premium/Discount to List
$5,001
1.82%
Views
46
Current Estimated Value
$270,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,315
Avg. Annual Appreciation
-2.11%
Original Mortgage
$266,000
Outstanding Balance
$261,112
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$6,866

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 24, 2020
Sold by
Johnson Jason H
Bought by
Mitchell Adam F and Mitchell Libby C
Seller's Agent
Jennifer Bryant-Goggins
The Realtors LLC
Buyer's Agent
Shirley Hall
eXp Realty, LLC Central
List Price
$185,000
Sold Price
$191,500
Premium/Discount to List
$6,500
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
Original Mortgage
$141,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2013
Closed on
May 8, 2013
Sold by
U S Bank National Association
Bought by
Johnson Jason H
Seller's Agent
Karen Kennessey
Classic Realty Groups
Buyer's Agent
Pam Files
Keller Williams Metro North
List Price
$113,850
Sold Price
$120,800
Premium/Discount to List
$6,950
6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$123,265
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Riggins Destin
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 25, 2005
Sold by
American Homes & Land Corp
Bought by
Riggins Destin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Savoie Chase $280,000 None Listed On Document
Mitchell Adam F $191,500 None Available
Johnson Jason H $120,800 Landcastle Title Of Al
Us Bank National Association $105,705 None Available
Riggins Destin $151,900 Reli Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savoie Chase $266,000
Previous Owner Mitchell Adam F $141,500
Previous Owner Johnson Jason H $123,265
Previous Owner Riggins Destin $121,500
Previous Owner Riggins Destin $30,400
Closed Riggins Destin $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $280,000 +1.8% $225 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $274,999 +43.6% $221 / Sq Ft
08/24/2020 08/24/20 Sold $191,500 +3.5% $154 / Sq Ft
07/12/2020 07/12/20 For Sale $185,000 +53.1% $149 / Sq Ft
05/23/2013 05/23/13 Sold $120,800 +6.1% --
03/25/2013 03/25/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $113,850 -- --
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 $1,097 $24,940 $0 $0
2023 $979 $23,180 $0 $0
2022 $857 $20,400 $0 $0
2021 $747 $17,920 $0 $0
2020 $683 $15,520 $0 $0
2019 $680 $15,460 $0 $0
2017 $640 $14,540 $0 $0
2015 $606 $13,780 $0 $0
2014 $583 $13,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Libby Mitchell

    Seller's Agent in 2023

    Libby Mitchell

    Keller Williams Realty Vestavia

    (205) 306-0807

    5 in this area

    10 Total Sales

    Libby Mitchell
    Section Image
  • Jessica Gilmore

    Buyer's Agent in 2023

    Jessica Gilmore

    ARC Realty 280

    (205) 886-9221

    16 in this area

    182 Total Sales

    Jessica Gilmore
    Section Image
  • Jennifer Bryant-Goggins

    Seller's Agent in 2020

    Jennifer Bryant-Goggins

    The Realtors LLC

    (205) 948-4108

    27 in this area

    83 Total Sales

    Jennifer Bryant-Goggins
    Section Image
  • Shirley Hall

    Buyer's Agent in 2020

    Shirley Hall

    eXp Realty, LLC Central

    (205) 369-9076

    76 in this area

    190 Total Sales

    Shirley Hall
    Section Image
  • Karen Kennessey

    Seller's Agent in 2013

    Karen Kennessey

    Classic Realty Groups

    (205) 317-8500

    6 in this area

    41 Total Sales

    Karen Kennessey
    Section Image
  • Pam Files

    Buyer's Agent in 2013

    Pam Files

    Keller Williams Metro North

    (205) 567-9960

    124 Total Sales

    Pam Files
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1358607

Greater Alabama MLS

APN: 09-5-22-0-008-036-000

Alabama Shelby County Sterrett 35147

1181 Forest Lakes Way, Sterrett, AL

This home is located at 1181 Forest Lakes Way, Sterrett, AL 35147 since 07 July 2023 and is currently estimated at $270,685, approximately $217 per square foot. This property was built in 2005. 1181 Forest Lakes Way is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea 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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