NOT LISTED FOR SALE

224 Red Bay Dr Unit 65 Maylene, AL 35114

Estimated Value: $515,960 - $544,000

0.34 Acre
$1,547,029 Price per Acre
14,810 Sq Ft Lot

Last Sold April 03, 2015

Last sale price $23,500

Est. 2,138% increase in value since last sale

Current estimated payment $3,012/month

Highlights

  • 100 Feet of Waterfront
  • Thompson Intermediate School Rated A-
  • Trails

About This Lot

As of April 2015

Bring your own builder and let's pick out a floor plan for your basement home on your lake lot. Build Your Dream Home!! One of Alabaster's Most Outstanding Neighborhoods. Short drive to all the best shopping and access to I-65. Bring your own builder and build your Dream Home. We can recommend a one that will work with you on your home plans. We can furnish the Covenant & Restrictions for things like minimum square footage requirements. BBQ Area, Fishing, Pavilion, Playground, Private Lake, Sidewalks, Street Lights and Walking Paths

Last Agent to Sell the Property

Jami Nelson

ARC Realty Alabama Listed on: 05/21/2014

ARC Realty Alabama

Last Buyer's Agent

Scott Underwood

Crown Real Estate Group License #63531

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,787

Lot Details

  • 0.34 Acre Lot
  • 100 Feet of Waterfront
  • 51 Lots in the community

Schools

  • Creek View Elementary School
  • Thompson Middle School
  • Thompson High School

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 23-2-09-009-065.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,787

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: House Plan Approval
  • Legal Description: Lot 65 Lake Forrest 6th Sector
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lake Forest
  • Waterfront Frontage: 100
  • Road Access: City Road
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Electricity
  • Utilities On-site: Water

Condo/Co-op/Association

  • Amenities: Walking Trails

Schools

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

Lot Info

  • Assessor Parcel Number: 23-2-09-009-065.000
  • Number Acres: 0.34
  • Best Use Per Zone: Residential
  • Improvements: Curb & Gutters
  • Lot Description Type: Will Sell Separately
  • Surrounding Area: Residential
  • Unit/Lot Number: 65

Tax Info

  • Tax District: Alabaster

Multi Family

  • Number Of Lots: 51+ Lots

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Koger Brett Lynn and Ashley Michele
Bought by
Cook Tomeca Latisa and Shell Brian K
Current Estimated Value
$525,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,287
Outstanding Balance
$533,553
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
-$7,563

Purchase Details

Closed on
Sep 29, 2017
Sold by
Valor Communities Llc
Bought by
Koger Brett Lynn and Koger Ashley Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,848
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2014
Closed on
Apr 3, 2015
Sold by
Southpoint Bank
Bought by
Valor Communities Llc
Seller's Agent
Jami Nelson
ARC Realty Alabama
Buyer's Agent
Scott Underwood
Crown Real Estate Group
List Price
$68,900
Sold Price
$23,500
Premium/Discount to List
-$45,400
-65.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.22%
Original Mortgage
$70,500
Interest Rate
3.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Cook Tomeca Latisa $525,000 None Listed On Document
Koger Brett Lynn -- None Available
Valor Communities Llc $94,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Tomeca Latisa $536,287
Previous Owner Koger Brett Lynn $326,848
Previous Owner Valor Communities Llc $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $23,500 -65.9% --
11/17/2014 11/17/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $68,900 -- --
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 $2,787 $51,620 $0 $0
2023 $2,529 $47,600 $0 $0
2022 $2,323 $43,780 $0 $0
2021 $2,097 $39,600 $0 $0
2020 $2,015 $0 $0 $0
2019 $1,949 $36,860 $0 $0
2017 $562 $10,400 $0 $0
2015 $562 $10,400 $0 $0
2014 $562 $10,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jami Nelson

    ARC Realty Alabama

    Section Image

  • S

    Buyer's Agent in 2015

    Scott Underwood

    Crown Real Estate Group

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 598115

Greater Alabama MLS

APN: 23-2-09-0-009-065-000

Alabama Shelby County Maylene 35114

224 Red Bay Dr Unit 65, Maylene, AL

This home is located at 224 Red Bay Dr Unit 65, Maylene, AL 35114 since 21 May 2014 and is currently estimated at $525,990. 224 Red Bay Dr Unit 65 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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