NOT LISTED FOR SALE

Estimated Value: $547,000 - $667,190

3 Beds
2.5 Baths
2,600 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $325,000 $125 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,563/month

373 Days on Market

Highlights

  • 166 Feet of Waterfront
  • Fishing
  • Lake Property
  • Shelby Elementary School Rated A-
  • Lake View
  • Covered Deck

About This Home

As of July 2014

PRICE REDUCED OVER $30,000!!TOTALLY AWESOME!! ABSOLUTELY BEAUTIFUL INSIDE AND OUT! THIS LOT IS PROBABLY THE MOST DESIRABLE WATERFRONT LOT ON LAY LAKE. LEVEL WITH HUGE SHADE TREES - LOCATED RIGHT ON MAIN CHANNEL AND VIEW IS MAGNIFICENT-WATER DEPTH AT DOCK IS APPROX. 13 FEET. THE HOME IS ONE LEVEL WITH NO STEPS! HUGE GREAT ROOM WITH FIREPLACE AND TONS OF WINDOWS BRINGING THE LAKE RIGHT INSIDE. ALSO HAS A NICE SIZE DINING ROOM FOR PLENTY OF ENTERTAINING -THE BEAUTIUL KITCHEN COUNTERS ARE THE NONPORUS SILSTONE WHICH REQUIRE NO MAINTENANCE- LARGE MASTER BEDROOM SUITE ALSO HAS ITS OWN SUNROOM/EXECISE ROOM. ONE OF THE BEDROOMS HAS A SPECIAL AREA FOR THE TANNING BED. PLUS - THERE IS A SEPARATE GUEST HOUSE - 2BR 1BA KITCHEN & DEN. THE MEN WILL LOVE THE HUGE WORKSHOP/STORAGE/BOAT STORAGE BUILDING PLUS ITS OWN BOAT LAUNCH, NICE PIER, CONCRETE SEAWALL, FENCED YARD FOR PETS & SECURITY SYSTEM. COME TAKE A LOOK. YOU'LL LOVE IT.

Last Agent to Sell the Property

Jean Lowe

Lowe and Associates Realty Inc License #000022517 Listed on: 06/12/2013

Last Buyer's Agent

Aaron Little

RealtySouth - Chilton II License #000089918

RealtySouth - Chilton II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,379

Year Built

  • 1986

Lot Details

  • 166 Feet of Waterfront
  • Few Trees

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Brick Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Dining Room
  • Tile Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Lake Property
  • Covered Deck

Location

  • In Flood Plain

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31-3-07-0-002-038.000

Community Details

Overview

  • $36 Other Monthly Fees

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,379

Year Built

1986

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 2600
  • Legal Description: Shelby Shores- Lot 1
  • List Price per Sq Ft: 138.08
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Amenities: Security System, Split Bedroom, Workshop (EXT)
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Floors: Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Jetted Tub, Separate Shower, Shared Bath, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Great Room, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Half Bath, On Level: 1
  • Room 10: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 2600

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Wood, Wood
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Foundation: Slab
  • Waterfront: Yes
  • Waterfront Frontage: 166
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Fishing, Private Lake
  • Association Fee: Yes
  • Association Fee: 50
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee Amount: 36
  • Garbage Fee Per: Monthly

Schools

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

Lot Info

  • Assessor Parcel Number: 31-3-07-0-002-038.000
  • Flood Plain: Yes
  • Lot Description: Some Trees, Subdivision
  • 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

Closed on
Oct 8, 2019
Sold by
Rush Rebecca L
Bought by
Rush John L
Current Estimated Value
$613,842

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 11, 2014
Sold by
Frias Brenda M
Bought by
Collins Michael Dewey and Collins Barbara Joan Cherry
Seller's Agent
Jean Lowe
Lowe and Associates Realty Inc
Buyer's Agent
Aaron Little
RealtySouth - Chilton II
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$260,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2006
Sold by
Horton Rex A and Horton Lynn F
Bought by
Frias Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2002
Sold by
Vinson David H and Vinson Julia H
Bought by
Vinson David H

Purchase Details

Closed on
Jul 1, 2000
Sold by
Vinson Julia H
Bought by
Vinson David H and Vinson Julia H
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
Rush John L -- None Available
Collins Michael Dewey $325,000 None Available
Frias Brenda M $340,000 Shelby County Abstract & Tit
Vinson David H -- --
Vinson David H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Michael Dewey $240,000
Closed Collins Michael Dewey $260,000
Previous Owner Frias Brenda M $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $325,000 -16.6% $125 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/12/2013 06/12/13 For Sale $389,900 -- $150 / 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 $2,379 $54,060 $0 $0
2023 $2,250 $51,140 $0 $0
2022 $1,987 $45,160 $0 $0
2021 $1,710 $38,860 $0 $0
2020 $1,535 $34,880 $0 $0
2019 $1,504 $34,180 $0 $0
2017 $1,541 $35,020 $0 $0
2015 $1,498 $34,040 $0 $0
2014 $1,431 $33,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 566645

Greater Alabama MLS

APN: 31-3-07-0-002-038-000