NOT LISTED FOR SALE

253 Thoroughbred Ln Alabaster, AL 35007

Estimated Value: $450,000 - $519,000

4 Beds
3.5 Baths
2,620 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $329,000 $126 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,811/month

5 Days on Market

Highlights

  • Community Boat Launch
  • Fishing
  • Lake Property
  • Thompson Intermediate School Rated A-
  • 0.53 Acre Lot
  • Deck

About This Home

As of September 2019

New Listing in Saddle Lake Farms! Gorgeous brick home on a 1/2 acre corner lot. BRAND NEW PAINT throughout! 2 Car main level garage AND 2 car basement garage with TONS of space to expand. Full unfinished basement is already stubbed for plumbing too! Main level master suite has jetted tub, separate tile shower, dual vanities and walk in closet space. Grand 2 story foyer beaming with natural sunlight and stunning hardwood floors! Spacious great room and formal dining room. Kitchen features eat-in space, breakfast bar and granite countertops! Upstairs you will find 3 bedrooms (one oversized room could be used as a media room or playroom) plus 2 full baths. Community features an 18+ acre stocked lake with private dock and walking trails!

Last Agent to Sell the Property

Tarah Binford

ARC Realty - Hoover Listed on: 08/08/2019

ARC Realty - Hoover

Last Buyer's Agent

Jared Fagan

eXp Realty, LLC Central

eXp Realty, LLC Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 2006

Lot Details

  • 0.53 Acre Lot
  • Corner Lot
  • Few Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Basement Garage
  • Garage on Main Level
  • Side Facing Garage

Home Design

  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Swimming Allowed
  • Lake Property
  • Deck

Utilities

  • Two cooling system units
  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-3-05-1-991-027.000

Community Details

Overview

  • Association fees include common grounds mntc
  • Saddle Lakes Farm HOA

Recreation

  • Community Boat Launch
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 2006

Lot Details

0

HOA Fees

$35 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters
  • Living Area: 2620
  • Legal Description: Saddle Lake Farms 2nd Addn Phases 3-7 Res Lot 100A
  • Dual or Variable Rate Commission: Yes
  • Intermed: THOMPSON
  • List Price per Sq Ft: 125.92
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Alabama Professionals
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2006
  • Price Per Sq Ft: 125.57
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Jetted Tub, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |Kitchen1|GreatRoom1|DiningRoom1|MasterBR1|MasterBath1|Laundry1|Bedroom2|Bedroom2|FullBath2|FullBath2|Bedroom2|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Great Room, 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: Laundry, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 1631
  • Upper Level Sq Ft: 989

Exterior Features

  • Construction: 4 Sides Brick, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 4
  • Parking Features: Basement Parking, Lower Level, Parking (MLVL)

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2620

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Non Motor Only, Fishing, Private Lake, Swimming Allowed
  • Association Fee: Yes
  • Association Fee: 425
  • Association Fee Per: Yearly
  • HOA Management Company: Saddle Lakes Farm HOA
  • Hoa Phone: 663-9215

Fee Information

  • Fees Include: Common Grounds Mntc

Schools

  • Elementary School: MEADOW VIEW
  • Middle School: THOMPSON
  • High School: THOMPSON

Lot Info

  • Assessor Parcel Number: 22-3-05-1-991-027.000
  • Lot Description: Acreage, Corner Lot, Some Trees, Subdivision
  • Number Acres: 0.53

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: ALABASTER
  • Annual Tax: 1695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 30, 2019
Sold by
Mayhan James M and Mayhan Amanda
Bought by
King Larry
Seller's Agent
Tarah Binford
ARC Realty - Hoover
Buyer's Agent
Jared Fagan
eXp Realty, LLC Central
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%
Current Estimated Value
$473,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,583
Avg. Annual Appreciation
6.55%
Original Mortgage
$320,336
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2007
Sold by
Mayhan James M and Mayhan Amanda
Bought by
Mayhan James M and Mayhan Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,219
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Heatherbrooke Construction Co Inc
Bought by
Mayhan James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2004
Sold by
Envirobuild Inc
Bought by
Heatherbrooke Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
King Larry $329,000 None Available
Mayhan James M -- None Available
Mayhan James M $319,000 None Available
Heatherbrooke Construction Co Inc $34,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Larry $91,850
Open King Larry $3,341,299
Closed King Larry $320,336
Closed King Larry $11,515
Previous Owner Mayhan James M $240,000
Previous Owner Mayhan James M $116,219
Previous Owner Mayhan James M $255,200
Previous Owner Mayhan James M $31,900
Previous Owner Heatherbrooke Construction Co Inc $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $329,000 -0.3% $126 / Sq Ft
08/08/2019 08/08/19 For Sale $329,900 -- $126 / 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 $2,344 $43,400 $0 $0
2023 $2,152 $40,620 $0 $0
2022 $1,987 $37,560 $0 $0
2021 $1,872 $35,420 $0 $0
2020 $1,784 $33,800 $0 $0
2019 $1,745 $33,080 $0 $0
2017 $1,651 $31,340 $0 $0
2015 $1,588 $30,160 $0 $0
2014 $1,233 $28,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 858557

Greater Alabama MLS

APN: 22-3-05-1-991-027-000