NOT LISTED FOR SALE

Estimated Value: $608,000 - $1,004,803

3 Beds
2.5 Baths
-- Sq Ft
14 Acres

Last Sold April 30, 2013

Last sale price $325,000

Est. 136% increase in value since last sale

Current estimated payment $4,625/month

Highlights

  • 1,000 Feet of Waterfront
  • Second Kitchen
  • RV or Boat Parking
  • Shelby Elementary School Rated A-
  • Fishing
  • Lake View

About This Home

As of April 2013

WOW!! This property really does has a lot to offer! 2 Houses, 14 +/- acres, Privacy, 1,000ft of shoreline on Lay Lake, Deep Water, Fully enclosed 2 stall boat house, seawall, private dock and boat launch, 40x40 work shop with covered space on side for large RV. The main house is a 3br with 2 1/2 bath with a great floor plan with 2nd kitchen and full living area in basement. It offer's a large sunroom with a great view of the lake and work out pool. The 2nd house is a 3br 2 full bath home that also has great view's of the lake. This is truly a unique and special property! Call today for a private showing.

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage Listed on: 01/16/2013

RE/MAX Advantage

Last Buyer's Agent

Brian Thomas

RE/MAX Advantage Listed on: 01/16/2013

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,566

Year Built

  • 1977

Lot Details

  • 1,000 Feet of Waterfront
  • Few Trees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • RV or Boat Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Second Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed

Utilities

  • Central Heating and Cooling System
  • Hydro-Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 33-7-35-0-002-023.000

Community Details

Recreation

  • Fishing
  • Trails

Additional Features

  • $11 Other Monthly Fees
  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,566

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Legal Description: LOT 7 WILDWOOD SHORES 2ND SECT AND PART OF TRACT 30
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Interior Amenities: Workshop (EXT)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: B
  • Room 5: Full Bath, On Level: 1
  • Room 6: Full Bath, On Level: B
  • Room 7: Dining Room, On Level: 1
  • Room 8: Kitchen, On Level: 1
  • Room 9: 2nd Kitchen, On Level: B
  • Room 10: Laundry, On Level: B
  • Room 11: Sunroom, On Level: 1
  • Room 12: Living, On Level: 1
  • Basement Rooms: 2nd Kitchen (LVL BSMT), Bedroom (LVL BSMT), Full Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Equipment: Cooktop-Electric, Oven-Electric, Refrigerator
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Wood, Wood
  • Exterior Features: Storage Building, Workshop (EXTR)
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 1000

Garage/Parking

  • Garage Entry Location: Front
  • Number Carport Spaces: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Boat Parking, Driveway Parking, Parking (MLVL), RV Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: BBQ Area, Boats-Motorized Allowed, Fishing, River, Skiing Allowed, Swimming Allowed, Walking Paths

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: 33-7-35-0-002-023.000
  • Lot Description: Acreage, Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Apr 30, 2013
Sold by
Wilder John W and Wilder Peggy J
Bought by
Varley Kenneth G
Seller's Agent
Brian Thomas
RE/MAX Advantage
Buyer's Agent
Brian Thomas
RE/MAX Advantage
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%
Current Estimated Value
$766,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,201
Avg. Annual Appreciation
7.14%
Original Mortgage
$260,000
Outstanding Balance
$185,145
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$581,056
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
Varley Kenneth G $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varley Kenneth G $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $325,000 -16.5% --
03/11/2013 03/11/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $389,000 -- --
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 $6,566 $149,220 $0 $0
2023 $6,223 $141,440 $0 $0
2022 $5,905 $134,200 $0 $0
2021 $5,126 $116,500 $0 $0
2020 $4,573 $103,940 $0 $0
2019 $4,460 $101,360 $0 $0
2017 $4,272 $97,100 $0 $0
2015 $4,024 $91,460 $0 $0
2014 $4,146 $94,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 551601

Greater Alabama MLS

APN: 33-7-35-0-002-023-000