NOT LISTED FOR SALE

2508 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $225,000 - $244,000

2 Beds
2 Baths
1,138 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $225,000 $198 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,379/month

19 Days on Market

Highlights

  • Fishing
  • Lake Property
  • Stainless Steel Appliances
  • Chelsea Park Elementary School Rated A-
  • Attic
  • Porch

About This Home

As of February 2024

Adorable better than new home in the desirable Forest Lakes neighborhood. Updated stainless appliances, flooring, bathroom fixtures, toilets, newly painted, gutters, & new double French back door. 2 bedroom/2 bath home zoned for Chelsea schools. Open floor plan with HUGE great room, kitchen, and dining area. Corner fireplace, gorgeous trey ceilings, neutral wood cabinetry, large master with massive walk in closet, double vanities in master bath, garden tub and separate shower. Open patio, large back yard and 1 car garage.

Last Agent to Sell the Property

Vicki Warner

ARC Realty Vestavia Listed on: 12/22/2023

ARC Realty Vestavia

Last Buyer's Agent

Kimberly Nixon

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 2005

Lot Details

  • Interior Lot
  • Few Trees

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Outdoor Features

  • Lake Property
  • Patio
  • Porch

Schools

  • Chelsea Park Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc, management fee, reserve for improvements, utilities for comm areas
  • $12 Other Monthly Fees
  • Forest Lakes Of Chelsea Association

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21373105?w=PubMLS
  • Living Area: 1138
  • Legal Description: Lot 658 Fforest Lakes 12th Sector
  • List Price per Sq Ft: 202.11
  • 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: 197.72
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: French Doors
  • Fireplace Details: Insert, Tile (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Separate Vanities, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living/Din1|Kitchen1|MasterBath1|MasterBR1|FullBath1|Bedroom1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Self-Cleaning, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Garage Area
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1138

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, Off Street Parking

Utilities

  • Heating: Central (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1138

Condo/Co-op/Association

  • Amenities: Fishing, Private Lake
  • Association Fee: Yes
  • Association Fee: 185
  • Association Fee Per: Yearly
  • HOA Management Company: Forest Lakes of Chelsea
  • Hoa Phone: board@forestlakesofchelse

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Reserve for Improvements, Utilities for Comm Areas
  • Garbage Fee: Yes
  • Garbage Fee Amount: 37
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-15-0-003-050.000
  • Lot Description: Interior Lot, Some Trees, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 1425

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Feb 7, 2024
Sold by
Im Theodore and Ju Eun
Bought by
Tran Tai T and Do Thuy T
Seller's Agent
Vicki Warner
ARC Realty Vestavia
Buyer's Agent
Kimberly Nixon
Keller Williams Realty Vestavia
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
610
Current Estimated Value
$234,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,600
Avg. Annual Appreciation
2.65%
Original Mortgage
$180,000
Outstanding Balance
$177,689
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$56,241

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 30, 2022
Sold by
Chang Living Trust
Bought by
Im Theodore and Park Ju Eun
Seller's Agent
Laura Jelks
ARC Realty 280
Buyer's Agent
Vicki Warner
ARC Realty Vestavia
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$0
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Chang Athena
Bought by
Chang Athena

Purchase Details

Closed on
Dec 8, 2006
Sold by
Zhao Jun
Bought by
Chang Athena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
American Homes & Land Corp
Bought by
Zhao Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,776
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tran Tai T $225,000 None Listed On Document
Im Theodore $215,000 David P Condon Pc
Chang Athena -- None Available
Chang Athena $130,500 None Available
Zhao Jun $119,275 Reli Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Tai T $180,000
Previous Owner Im Theodore $0
Previous Owner Chang Athena $97,850
Previous Owner Zhao Jun $106,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $225,000 -2.2% $198 / Sq Ft
12/22/2023 12/22/23 For Sale $230,000 +7.0% $202 / Sq Ft
06/30/2022 06/30/22 Sold $215,000 0.0% $189 / Sq Ft
04/28/2022 04/28/22 For Sale $215,000 -- $189 / 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 $962 $21,860 $0 $0
2023 $909 $21,580 $0 $0
2022 $1,664 $37,820 $0 $0
2021 $1,426 $32,400 $0 $0
2020 $1,236 $28,100 $0 $0
2019 $1,214 $27,600 $0 $0
2017 $1,115 $25,340 $0 $0
2015 $1,079 $24,520 $0 $0
2014 $1,057 $24,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21373105

Greater Alabama MLS

APN: 09-5-15-0-003-050-000