NOT LISTED FOR SALE

129 Shipman Ln Double Springs, AL 35553

Estimated Value: $497,000 - $584,000

4 Beds
2 Baths
1,665 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $464,000 $279 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,007/month

About This Home

As of June 2023

Flat Lot? Check. Recently built? Check. Easy access to a main highway? Check. Dream Lake Home? CHECK! If you've been house hunting on Smith, you no doubt have hiked your fair share of steps, looked over a cliff ledge to your water front or walked into a huge project when you just want a place to stop and rest. Not at 129 Shipman Ln! This absolutely gorgeous home fixes all of the common issues that may be pain points in your Smith Lake dream home search! Worried about taking pig trails and dirt roads to the lake? Not here. You're seconds away from Highway 278 and a short hop to Double Springs or Cullman. 100 plus stair steps to the water? How about ZERO. Flat lots like this are tough to find! Running up on tons of fixer uppers and ancient homes? This beautiful home is just a few years old and still looks brand new! Looking to work from home and running up on slow internet access or no internet access at all? Two words: Sprout Fiber! This oasis won't last long, make it yours!

Last Agent to Sell the Property

Kelly Keel

LEGACY REALTY GROUP LLC License #064881 Listed on: 06/09/2023

Last Buyer's Agent

Debra Scott

LEGACY REALTY GROUP LLC License #100271

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 2021

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 287.8 x 146.27
  • Waterfront

Home Design

  • 1,665 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Double Springs Elementary School
  • Double Springs Middle School
  • Double Springs High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Smith Water Front Community
  • Lakeshore East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 670909290000001.050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1665
  • Built Before 1978 (Y/N): No
  • Closing Attorney: Mark South
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 287.8 x 146.27
  • Multiple Level Y N: No
  • Sp Lp Percent: 92.82
  • Subdivision Name: Lakeshore East
  • Mortgage Lender: Farmers
  • Carport: No
  • Agent Only_ L A1 User Code: C107011270263
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement YN: No
  • LivingArea: 1665
  • Price Per S Q F T: 278.68
  • Total Bedrooms: 4
  • FireplaceYN: No
  • Main Level Bedrooms: 4

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Waterfront: Yes
  • Waterfront Name: Smith Lake

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Name: Smith-water Front

Schools

  • Elementary School: Double Springs Elementary
  • Middle School: Double Springs Middle
  • High School: Double Springs

Lot Info

  • Acres: 0.6
  • Parcel Num: 670909290000001.050

Building Info

  • Year Built: 2021
  • BuildingAreaTotal: 1665

Tax Info

  • Tax Annual Amount: 1878

MLS Schools

  • Elementary School: Double Springs Elementary
  • Middle School: Double Springs Middle
  • HighSchool: Double Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jun 28, 2023
Sold by
Martin David
Bought by
Petcher Perian
Seller's Agent
Kelly Keel
LEGACY REALTY GROUP LLC
Buyer's Agent
Debra Scott
LEGACY REALTY GROUP LLC
List Price
$499,900
Sold Price
$464,000
Premium/Discount to List
-$35,900
-7.18%
Current Estimated Value
$533,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,137
Avg. Annual Appreciation
6.54%
Original Mortgage
$371,200
Outstanding Balance
$363,604
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$167,122

Purchase Details

Closed on
Aug 5, 2021
Sold by
Ballard James Warren
Bought by
Martin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2021
Sold by
Gossett Kenneth and Gossett Ava Halon
Bought by
Ballard James Warren

Purchase Details

Closed on
Feb 25, 2019
Sold by
Mark A Frank Trust
Bought by
Gossett Kenneth and Gossett Ava Halon

Purchase Details

Closed on
Sep 7, 2010
Sold by
Vance Wendy
Bought by
Frank Mark A and Frank Tempe L

Purchase Details

Closed on
Oct 3, 2005
Sold by
Bankhead Forest Waterfront Properties Ll
Bought by
Quality Built Llc
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
Petcher Perian $464,000 None Listed On Document
Martin David $40,400 None Available
Ballard James Warren $75,000 None Available
Gossett Kenneth $53,900 None Available
Frank Mark A -- --
Quality Built Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petcher Perian $371,200
Previous Owner Martin David $323,200
Previous Owner Wallin Richard F $244,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $464,000 -7.2% $279 / Sq Ft
06/09/2023 06/09/23 For Sale $499,900 -- $300 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $1,061 $39,360 $0 $0
2023 $1,061 $37,580 $0 $0
2022 $1,878 $67,080 $0 $0
2021 $436 $15,560 $0 $0
2020 $236 $8,420 $0 $0
2019 $286 $10,220 $0 $0
2018 $258 $9,200 $0 $0
2017 $239 $45,980 $0 $0
2016 $239 $45,980 $0 $0
2015 $249 $47,780 $0 $0
2014 $228 $43,840 $0 $0
2013 -- $47,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 511347

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 09-09-29-0-000-001.050