NOT LISTED FOR SALE

2515 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $218,000 - $244,000

2 Beds
2 Baths
1,171 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $115,000 $98 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,324/month

23 Days on Market

Highlights

  • Lake Property
  • Cathedral Ceiling
  • Den
  • Chelsea Park Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of August 2014

This move-in ready, cozy 2BR/2BA home can be yours! The spacious den has a corner wood burning fireplace. Just of the den is the dining room with beautiful chandelier and trey ceilings. The kitchen has an updated dishwasher (2103), laundry closet and door that leads to back patio. The master bedroom also features trey ceilings. The master bedroom features double vanities and large walk in closet. The second bedroom, in the front of the house, has a large beautiful window, decorative ceiling fan and next to the second full bath. Other features for this clean home include: laminate hardwood floor, fresh paint, expanded back patio with walk way to the gate, separate fenced dog area and expanded the width of the driveway. Great neighborhood with private lake. Make your appoint to see this fabulous home today!

Last Agent to Sell the Property

Jenny Merrill

Red Hills Realty, LLC License #97488 Listed on: 08/06/2014

Last Buyer's Agent

Joshua Ehmke

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • 2004

Lot Details

  • 4,356

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,171 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Lake Property
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-5-15-0-003-071.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

2004

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1171
  • Legal Description: LOT 679 FOREST LAKES 40 SUBDIVISION.
  • List Price per Sq Ft: 106.66
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: GENERAL
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood, Hardwood Laminate
  • Number Fireplaces: 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Den/Family, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Oven-Electric, Self-Cleaning, Stove-Electric
  • Kitchen Features: Breakfast Bar, Pantry
  • Laundry: Yes
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1171

Exterior Features

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

Garage/Parking

  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Private Lake, Sidewalks
  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-15-0-003-071.000
  • Lot Description: Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 26, 2014
Sold by
Greenwood Kristina Muse
Bought by
Coleman Jimmy and Coleman Patricia
Seller's Agent
Jenny Merrill
Red Hills Realty, LLC
Buyer's Agent
Joshua Ehmke
Keller Williams Realty Vestavia
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$227,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,214
Avg. Annual Appreciation
6.46%
Original Mortgage
$172,500
Outstanding Balance
$134,371
Interest Rate
4.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$94,805

Purchase Details

Closed on
Aug 19, 2005
Sold by
American Homes & Land Corp
Bought by
Muse Anna and Muse Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,720
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Coleman Jimmy $115,000 None Available
Muse Anna $118,400 Reli Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Jimmy $172,500
Previous Owner Muse Anna $94,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $115,000 -7.9% $98 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $124,900 -- $107 / 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 $878 $19,960 $0 $0
2023 -- $19,560 $0 $0
2022 $0 $17,700 $0 $0
2021 $0 $15,240 $0 $0
2020 $0 $13,200 $0 $0
2019 $0 $12,980 $0 $0
2017 $0 $11,900 $0 $0
2015 -- $11,540 $0 $0
2014 $456 $11,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 605166

Greater Alabama MLS

APN: 09-5-15-0-003-071-000