$196,100
SOLD JAN 21, 2025

131 Silver Ln Alabaster, AL 35007

2 Beds
1 Bath
1,024 Sq Ft
0.74 Acres

Recently Sold

$192 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • 0.74 Acre Lot
  • Attic
  • Utility Room in Garage
  • Thompson Intermediate School Rated A-
  • Stone Countertops
  • Stainless Steel Appliances

About This Home

As of January 2025

*FULLY REMODELED* This fully remodeled 2-bedroom, 1-bathroom house offers modern comfort and style throughout. The updated kitchen features sleek granite countertops and brand-new stainless steel appliances, perfect for cooking and entertaining. The bathroom boasts contemporary finishes with elegant tile flooring and updated fixtures. The spacious living areas are complemented by fresh paint and new flooring. Outside, you'll enjoy a large yard ideal for outdoor activities and relaxation, along with a charming front porch that enhances the home’s curb appeal. A perfect blend of style and functionality!

Last Agent to Sell the Property

Bret Rogers

Keller Williams Brokerage Phone: 2055401182 Listed on: 11/22/2024

Keller Williams

Last Buyer's Agent

Jamie Fallin

RealtySouth-Inverness Office

RealtySouth-Inverness Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Parking

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

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • Utility Room in Garage
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Meadowview Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 0.74 Acre Lot

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21403516?w=PubMLS
  • Living Area: 1024
  • Legal Description: COM SE COR NE1/4 NE1/4 W420 TO BEG CONT W155 N210 E155 S210 TO POB
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Floors: Carpet, Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utilities in Garage
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Attic: Yes
  • Attic Type: Pull-Down
  • Unfinished Basement Sq Ft: 912
  • Main Level Sq Ft: 1024

Exterior Features

  • Construction: Siding-Other
  • Exterior Features: Porch
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Basement Parking, Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1024
  • Internet Service Availability: Yes

Lot Info

  • Assessor Parcel Number: 22-3-08-0-000-012.001
  • Number Acres: 0.74

Tax Info

  • Tax District: COUNTY

MLS Schools

  • Elementary School: MEADOWVIEW
  • High School: THOMPSON
  • Jr Middle School: THOMPSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 21, 2025
Sold by
Chase Pays Cash Llc
Bought by
Cooley Leslie D and Cooley Alan Lee
Seller's Agent
Bret Rogers
Keller Williams
Buyer's Agent
Jamie Fallin
RealtySouth-Inverness Office
List Price
$189,900
Sold Price
$196,100
Premium/Discount to List
$6,200
3.26%
Views
125
Current Estimated Value
$193,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,213
Avg. Annual Appreciation
-1.30%
Original Mortgage
$192,547
Outstanding Balance
$191,155
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$2,732

Purchase Details

Closed on
Sep 12, 2024
Sold by
Philyaw Derrick Clayton and Philyaw Amber Leah
Bought by
Chase Pays Cash Llc

Purchase Details

Closed on
Mar 1, 2016
Sold by
County Of Shelby
Bought by
Philyaw Dervik C

Purchase Details

Listed on
Nov 1, 2011
Closed on
Feb 9, 2012
Sold by
Fannie Mae
Bought by
Philyaw Hilda and Philyaw Derrik
Seller's Agent
Michelle Brown
TMI Real Estate
Buyer's Agent
Consetta Galloway
Covenant Realty
List Price
$69,900
Sold Price
$58,500
Premium/Discount to List
-$11,400
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$57,016
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2011
Sold by
Teets Ellen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bentley Amos A and Bentley Martha E
Bought by
Teets Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $196,100 None Listed On Document
Warranty Deed $75,000 None Listed On Document
Quit Claim Deed $70,970 None Available
Special Warranty Deed -- None Available
Legal Action Court Order $68,104 None Available
Warranty Deed $88,000 Lawrence Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,547 FHA
Previous Owner $57,016 FHA
Previous Owner $70,400 Purchase Money Mortgage
Closed $17,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2025 01/21/25 Sold $196,100 +3.3% $192 / Sq Ft
11/22/2024 11/22/24 For Sale $189,900 +224.6% $185 / Sq Ft
02/16/2012 02/16/12 Sold $58,500 -16.3% $64 / Sq Ft View Prior Sale
12/22/2011 12/22/11 Pending -- -- --
11/01/2011 11/01/11 For Sale $69,900 -- $77 / 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 $503 $11,440 $0 $0
2023 $434 $10,580 $0 $0
2022 $367 $9,280 $0 $0
2021 $339 $8,640 $0 $0
2020 $327 $8,360 $0 $0
2019 $315 $8,080 $0 $0
2017 $279 $7,280 $0 $0
2015 $271 $7,100 $0 $0
2014 $264 $6,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21403516

Greater Alabama MLS

APN: 22-3-08-0-000-012-001