NOT LISTED FOR SALE

Estimated Value: $362,000 - $550,650

3 Beds
2 Baths
1,700 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $270,000 $159 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,567/month

36 Days on Market

Highlights

  • Boathouse
  • 180 Feet of Waterfront
  • RV or Boat Parking
  • Shelby Elementary School Rated A-
  • Private Dock
  • Lake View

About This Home

As of January 2018

WOW! New Home jus completed on Lay Lake with what has got to be one of the best views on the lake! Home has great floor plan with large rooms and living room has souring vaulted ceiling that looks incredible. Kitchen has lots of cabinet space with nice stone counters. All appliance to stay with home. Huge covered deck overlooking the lake. Awesome flat top boathouse on Deep Water, Electric Lift, with another great view off the top. Seller would agree to leave the Polaris Ranger in garage with full price offer. This property has it all! Call today for a private tour.

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage South Listed on: 10/26/2017

RE/MAX Advantage South

Last Buyer's Agent

Brian Thomas

RE/MAX Advantage South Listed on: 10/26/2017

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,793

Year Built

  • 2016

Lot Details

  • 180 Feet of Waterfront
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • RV or Boat Parking

Property Views

  • Lake
  • Mountain

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • Boathouse
  • Private Dock
  • Covered Deck
  • Covered patio or porch
  • Outdoor Fireplace

Utilities

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

Community Details

  • $11 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 31-3-06-0-001-002.014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,793

Year Built

2016

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1700
  • Legal Description: SHELBY SHORES 1977 ADDITION LOT 16
  • List Price per Sq Ft: 170
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Amenities: Recess Lighting, Split Bedroom
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Concrete, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Separate Vanities, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|MasterBath1|Kitchen1|Living1|Bedroom1|Bedroom1|Laundry1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Living, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1700

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAY LAKE
  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Boat House Private, Dock Private, Fireplace, Sprinkler System, Storage Building, Porch
  • Foundation: Crawl Space
  • Patio Type: Covered - (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 180
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Boat Parking, Detached, Driveway Parking, Parking (MLVL), Off Street Parking, On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 32
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 31-3-06-0-001-002.014
  • Lot View: Yes
  • Lot View Type: Lake/Water View, Mountain View

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Shipp Maria Montez
Bought by
Shipp Maria Montez and Tissier Jeff
Current Estimated Value
$437,913

Purchase Details

Closed on
Jan 26, 2019
Sold by
Shipp Montez and Shipp Maria Montez
Bought by
Shipp Maria Montez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$402,790
Interest Rate
5.61%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$49,981

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 3, 2018
Sold by
Key Horace L
Bought by
Shipp Montez
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Brian Thomas
RE/MAX Advantage South
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Barefield Wayne and Barefield Diana
Bought by
Key Horace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2004
Sold by
Preston Kathryn G
Bought by
Whatley Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.78%
Mortgage Type
Unknown
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
Shipp Maria Montez -- None Available
Shipp Maria Montez -- Fnc Title Services Llc
Shipp Montez $270,000 None Available
Key Horace L -- None Available
Key Horace L $210,000 None Available
Whatley Patrick R $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipp Maria Montez $405,000
Previous Owner Key Horace L $198,412
Previous Owner Key Horace L $189,000
Previous Owner Whatley Patrick R $157,500
Previous Owner Whatley Patrick R $149,000
Previous Owner Preston Kathryn G $35,000
Previous Owner Preston Kathryn G $78,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $270,000 -6.6% $159 / Sq Ft
10/26/2017 10/26/17 For Sale $289,000 -- $170 / 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 $1,793 $40,760 $0 $0
2023 $0 $38,800 $0 $0
2022 $0 $34,420 $0 $0
2021 $0 $30,320 $0 $0
2020 $0 $27,540 $0 $0
2019 $908 $27,220 $0 $0
2017 $908 $21,560 $0 $0
2015 $864 $20,560 $0 $0
2014 $851 $20,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 799775

Greater Alabama MLS

APN: 31-3-06-0-001-002-014