NOT LISTED FOR SALE

148 Lake Terrace Unit 1 Alabaster, AL 35007

Estimated Value: $241,000 - $257,000

3 Beds
2 Baths
1,324 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $122,500 $93 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,419/month

Highlights

  • Attic
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Thompson Intermediate School Rated A-
  • Covered Patio or Porch
  • Bay Window

About This Home

As of October 2015

This is a great one level home in the heart of Alabaster. Its convenient to local retail outlets as well as to interstate 65. This one level home is on a slab foundation and is in good condition. The interior as well as the exterior has been paint. It has new flooding, as well as new appliances. The backyard is completely fenced in.

Last Agent to Sell the Property

Damon Littleton

Alabama Real Estate, Inc. License #000072207 Listed on: 06/12/2015

Co-Listed By

Diane Littleton

Alabama Real Estate, Inc. License #000013124

Last Buyer's Agent

Daryl Ingram

Ingram Moore Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • 1995

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Front Facing Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13-7-36-1-002-013.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Living Area: 1324
  • Legal Description: LAKE TERRACE LOT 13
  • Intermed: THOMPSON
  • List Price per Sq Ft: 98.11
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Amenities: Bay Window
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Kitchen1|Living1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living, 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: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1324

Exterior Features

  • Patio: Yes
  • Construction: Wood
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Covered - (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

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

Utilities

  • Heating: Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Schools

  • Elementary School: CREEK VIEW
  • Middle School: THOMPSON
  • High School: THOMPSON

Lot Info

  • Assessor Parcel Number: 13-7-36-1-002-013.000

Tax Info

  • Tax District: ALABASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Oct 2, 2015
Sold by
Fannie Mae
Bought by
Mcnutt John W and Mcnutt Karen M
Seller's Agent
Damon Littleton
Alabama Real Estate, Inc.
Buyer's Agent
Daryl Ingram
Ingram Moore Realty
List Price
$139,900
Sold Price
$122,500
Premium/Discount to List
-$17,400
-12.44%
Current Estimated Value
$250,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,573
Avg. Annual Appreciation
7.39%
Original Mortgage
$120,280
Outstanding Balance
$95,807
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$154,266

Purchase Details

Closed on
Jun 30, 2006
Sold by
Moore Elaine Lee
Bought by
Moore Clarence Richard

Purchase Details

Closed on
Mar 19, 2003
Sold by
Putman Mary B
Bought by
Moore Richard and Moore Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,161
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mcnutt John W $122,500 None Available
Moore Clarence Richard $10,000 None Available
Moore Richard $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnutt John W $120,280
Previous Owner Moore Richard $117,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2015 10/05/15 Sold $122,500 -12.4% $93 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $139,900 -- $106 / 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 $1,049 $19,420 $0 $0
2023 $932 $18,020 $0 $0
2022 $861 $16,700 $0 $0
2021 $650 $12,800 $0 $0
2020 $683 $13,400 $0 $0
2019 $662 $13,020 $0 $0
2017 $635 $12,520 $0 $0
2015 $1,305 $24,160 $0 $0
2014 $1,275 $23,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Damon Littleton

    Alabama Real Estate, Inc.

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Diane Littleton

    Alabama Real Estate, Inc.

  • D

    Buyer's Agent in 2015

    Daryl Ingram

    Ingram Moore Realty

    (205) 862-5794

    2 in this area

    33 Total Sales

    Daryl Ingram
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 720025

Greater Alabama MLS

APN: 13-7-36-1-002-013-000

Alabama Shelby County Alabaster 35007

148 Lake Terrace Unit 1, Alabaster, AL

This home is located at 148 Lake Terrace Unit 1, Alabaster, AL 35007 since 12 June 2015 and is currently estimated at $250,073, approximately $188 per square foot. This property was built in 1995. 148 Lake Terrace Unit 1 is a home located in Shelby County with nearby schools including Thompson Intermediate School, Thompson Middle School, and Thompson 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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