NOT LISTED FOR SALE

2422 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $262,734 - $273,000

3 Beds
2 Baths
1,265 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $192,000 $152 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,642/month

1 Day on Market

Highlights

  • Wood Flooring
  • Attic
  • Fenced Yard
  • Chelsea Park Elementary School Rated A-
  • Screened Porch
  • Laundry Room

About This Home

As of June 2020

In the highly desired Forest Lakes of Chelsea, this one-level 3 bedroom, 2 bath home will not last long. Boasting high ceilings, custom light fixtures and a large screened in patio, this one is a must-see! The back yard is completely fenced in and ready for those summertime barbecues. Call for your showing today!

Last Agent to Sell the Property

Missy Russell

KM Realty License #115765 Listed on: 05/22/2020

Last Buyer's Agent

Penny Miller

RE/MAX Advantage South

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 2005

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Smooth Ceilings
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • $13 Other Monthly Fees
  • Forest Lakes HOA

Listing and Financial Details

  • Assessor Parcel Number 09-5-22-0-007-075.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1265
  • Legal Description: LOT:241 DIST:17 CITY/MUNI/TWP:CHELSEA SUBD:FOREST LAKES SEC 3 PH 2 SEC/TWN/RNG/MER:SEC
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 151.78
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 151.78
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Sound System
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Shared Bath, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|FullBath1|Bedroom1|Bedroom1|MasterBR1|MasterBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Full Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master 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: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1265

Exterior Features

  • Patio: Yes
  • Construction: 3 Sides Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard, Porch Screened
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking, On Street Parking

Utilities

  • Heating: Electric (HEAT)
  • Cooling: Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1265

Condo/Co-op/Association

  • HOA Management Company: Forest Lakes HOA
  • Hoa Phone: 000-000-0000

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 38
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: CHELSEA PARK
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 09-5-22-0-007-075.000
  • Number Acres: 0.2

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 26, 2020
Sold by
Dobbs Sue H and Dobbs David
Bought by
Johnson Jessie M
Seller's Agent
Missy Russell
KM Realty
Buyer's Agent
Penny Miller
RE/MAX Advantage South
List Price
$192,000
Sold Price
$192,000
Current Estimated Value
$266,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,934
Avg. Annual Appreciation
6.82%
Original Mortgage
$188,491
Outstanding Balance
$169,280
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$100,200

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 14, 2018
Sold by
Koltas Brad
Bought by
Dobbs Sue H and Dobbs David
Seller's Agent
Missy Russell
KM Realty
Buyer's Agent
Missy Russell
KM Realty
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$161,029
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2006
Sold by
Taylor James H
Bought by
Koltas Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,980
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2005
Sold by
Smith Bradley G and Smith Natalie J
Bought by
Taylor James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2004
Sold by
American Homes & Land Corp
Bought by
Smith Bradley G and Smith Natalie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,267
Interest Rate
5.53%
Mortgage Type
FHA
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
Johnson Jessie M $192,000 None Available
Dobbs Sue H $165,000 None Available
Koltas Brad $164,900 Titlesouth
Taylor James H $155,000 --
Smith Bradley G $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jessie M $188,491
Previous Owner Dobbs Sue H $161,029
Previous Owner Koltas Brad $122,000
Previous Owner Koltas Brad $32,980
Previous Owner Koltas Brad $131,920
Previous Owner Taylor James H $124,000
Previous Owner Smith Bradley G $142,267
Closed Taylor James H $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $192,000 0.0% $152 / Sq Ft
05/22/2020 05/22/20 For Sale $192,000 +16.4% $152 / Sq Ft
02/14/2018 02/14/18 Sold $165,000 0.0% $128 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $165,000 -- $128 / 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 $2,167 $49,260 $0 $0
2023 $1,015 $24,000 $0 $0
2022 $887 $21,100 $0 $0
2021 $773 $18,500 $0 $0
2020 $641 $15,500 $0 $0
2019 $638 $15,440 $0 $0
2017 $599 $14,540 $0 $0
2015 $565 $13,780 $0 $0
2014 $542 $13,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 884006

Greater Alabama MLS

APN: 09-5-22-0-007-075-000