NOT LISTED FOR SALE

2500 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $240,000 - $271,000

3 Beds
2.5 Baths
1,452 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $147,500 $102 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,542/month

10 Days on Market

Highlights

  • Fishing
  • Wind Turbine Power
  • Attic
  • Chelsea Park Elementary School Rated A-
  • Lake Property
  • Great Room

About This Home

As of March 2016

Largest 2-story sqft home in sector. Home built w/ upgraded package of extended 2 car space parking driveway, Beveled mirrors in bathrooms, GE appliances & ceramic tile floors. Looks like new construction home! NEW Hardwood floors JUST installed downstairs! Entire interior, exterior door & shutters, & garage JUST painted! New Exterior Light Fixtures and New Garbage Disposal just installed! Garage floor JUST had the Epoxy waterproofing paint & sealant done & added to the floor. ALL carpets JUST professionally cleaned! This lovely 2-story 3 BR, 2 1/2 BA plan in Forest Lakes is move in ready! Home has living Room, Dining Room, Great Room, Spacious Kitchen, Powder Bath, plus Spacious Laundry Room all on the main level! Kitchen, Laundry Room & Powder Bath ALL with tile floor. Living Room, Dining Room, & Great Room all are hardwood! Large level back yard for you to enjoy BBQs. Community Fishing Lake, Playground, & walking trails. ADT alarm system & motion detectors on all doors & windows.

Last Agent to Sell the Property

Joyce Terrell

RealtySouth-Inverness Office License #000067883 Listed on: 03/04/2016

RealtySouth-Inverness Office

Last Buyer's Agent

Kristina Knowles

Knowles Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • 2005

Lot Details

  • 4,792

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Marble Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Stove
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath

Laundry

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

Outdoor Features

  • Lake Property
  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Wind Turbine Power
  • Interior Lot

Listing and Financial Details

  • Assessor Parcel Number 09-5-15-0-003-052.000

Community Details

Overview

  • Southern Property Association, Phone Number (205) 568-2533

Recreation

  • Community Playground
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

2005

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1452
  • Legal Description: Lot 660 Forest Lakes 12th Sector
  • List Price per Sq Ft: 108.47
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Stark Exterminator
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Fireplace Details: Marble (FIREPL)
  • Fireplace Location: Den (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|GreatRoom1|Laundry1|HalfBath1|MasterBR2|MasterBath2|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Great Room, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Master Bedroom, On Level: 2
  • Room 8: Master Bath, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Oven-Electric, Self-Cleaning, Stove-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 760
  • Upper Level Sq Ft: 692

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Porch
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Dual Systems (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Fishing, Playgound, Private Lake, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 220
  • Association Fee Per: Yearly
  • HOA Management Company: Southern Property
  • Hoa Phone: 205-568-2533

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-15-0-003-052.000
  • Lot Description: Interior Lot, Subdivision, Vacant Lot

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Turbines

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Mar 25, 2016
Sold by
Satterwhite Shirley and Lowery Kendra S
Bought by
Hughes William B
Seller's Agent
Joyce Terrell
RealtySouth-Inverness Office
Buyer's Agent
Kristina Knowles
Knowles Realty
List Price
$157,500
Sold Price
$147,500
Premium/Discount to List
-$10,000
-6.35%
Current Estimated Value
$261,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,437
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jul 19, 2005
Sold by
American Homes & Land Corp
Bought by
Satterwhite Shirley and Lowery Kendra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,693
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Hughes William B $147,500 None Available
Satterwhite Shirley $134,617 Reli Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Satterwhite Shirley $33,000
Previous Owner Satterwhite Shirley $107,693
Closed Satterwhite Shirley $13,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $147,500 -6.3% $102 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $157,500 -- $108 / 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 $1,082 $24,600 $0 $0
2023 $1,038 $24,520 $0 $0
2022 $936 $22,200 $0 $0
2021 $789 $18,860 $0 $0
2020 $681 $16,400 $0 $0
2019 $667 $16,080 $0 $0
2017 $627 $15,180 $0 $0
2015 $603 $14,640 $0 $0
2014 $589 $14,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 742639

Greater Alabama MLS

APN: 09-5-15-0-003-052-000