NOT LISTED FOR SALE

2242 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $295,000 - $331,000

3 Beds
2.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 21, 2012

Last sale price $154,000

Est. 109% increase in value since last sale

Current estimated payment $1,877/month

22 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Den with Fireplace
  • Chelsea Park Elementary School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of August 2012

Wow, what a deal! Spacious 3 bedroom, 2 1/2 bath home in the popular neighborhood of Forest Lakes. Home features a formal living room and dining room, large eat-in kitchen with upgraded appliances plus refrigerator remains! Family room has hardwood floors, vaulted ceilings, and gas log fireplace. All bedrooms are upstairs and have laminate hardwood floors. Master suite is spacious with large walk-in closet, garden tub, separate shower, and double vanity. Laundry room is conveniently located upstairs, washer/dryer remain. Light fixtures and ceiling fans have been upgraded. Home has two HVAC units, the one upstairs is new. Backyard is fully fenced and playset remains. Home is just a short walk via neighborhood sidewalks to the community lake and fishing. Home has just been freshly painted throughout and is awaiting its new owner!

Last Agent to Sell the Property

Elizabeth Harris

ARC Realty Vestavia Listed on: 05/23/2012

ARC Realty Vestavia

Last Buyer's Agent

Gary DeLamar

RealtySouth-OTM-Acton Rd

RealtySouth-OTM-Acton Rd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • 2002

Lot Details

  • 7,405

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ventless Fireplace
  • Gas Fireplace
  • Dining Room
  • Den with Fireplace

Kitchen

  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Vanities
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • Fenced Yard
  • Central Heating and Cooling System

Community Details

  • $12 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 09-5-22-0-004-032.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

2002

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Legal Description: FOREST LAKES SECTOR 2 PHASE 2 LOT 93
  • Intermed: CHELSEA
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: GENERAL PEST CON
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Fireplace Details: Tile (FIREPL), Ventless
  • Fireplace Location: Den (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Hardwood Laminate, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Separate Vanities
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Den/Family, On Level: 1
  • Room 5: Master Bedroom, On Level: 2
  • Room 6: Master Bath, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Laundry, On Level: 2
  • Room 11: Half Bath, On Level: 1
  • Rooms Level 1: Den/Family (LVL 1), Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Laundry (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Stove-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Slab
  • Patio Type: Open (PATIO)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Parking (MLVL)

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 36
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: MT LAUREL
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 09-5-22-0-004-032.000
  • Lot Description: Subdivision

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 29, 2012
Sold by
Bernal Ferdinand and Bernal Esther E
Bought by
Wallace Jeremy L and Wallace Tonya J
Seller's Agent
Elizabeth Harris
ARC Realty Vestavia
Buyer's Agent
Gary DeLamar
RealtySouth-OTM-Acton Rd
List Price
$154,900
Sold Price
$154,000
Premium/Discount to List
-$900
-0.58%
Current Estimated Value
$321,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,096
Avg. Annual Appreciation
5.81%
Original Mortgage
$157,142
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Clark Rachel Gallant and Clark James Richard
Bought by
Bernal Ferdinand and Bernal Esther E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2002
Sold by
American Homes & Land Corp
Bought by
Gallant Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,285
Interest Rate
6.15%
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
Wallace Jeremy L $154,000 None Available
Bernal Ferdinand $180,500 None Available
Gallant Rachel L $160,303 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Jeremy L $148,700
Previous Owner Wallace Jeremy L $157,142
Previous Owner Bernal Esther E $201,400
Previous Owner Bernal Ferdinand $144,400
Previous Owner Gallant Rachel L $152,285
Closed Bernal Ferdinand $36,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2012 08/21/12 Sold $154,000 -0.6% --
06/14/2012 06/14/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $154,900 -- --
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 $1,395 $31,700 $0 $0
2023 $1,347 $31,540 $0 $0
2022 $1,168 $27,480 $0 $0
2021 $1,006 $23,800 $0 $0
2020 $908 $21,560 $0 $0
2019 $902 $21,440 $0 $0
2017 $864 $20,560 $0 $0
2015 $804 $19,200 $0 $0
2014 $765 $18,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 532643

Greater Alabama MLS

APN: 09-5-22-0-004-032-000