NOT LISTED FOR SALE

2531 Forest Lakes Ln Sterrett, AL 35147

Estimated Value: $268,000 - $277,000

3 Beds
2.5 Baths
1,420 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $231,000 $163 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,588/month

7 Days on Market

Highlights

  • Lake Property
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Chelsea Park Elementary School Rated A-
  • Attic
  • Fenced Yard

About This Home

As of July 2021

Beautiful 3 Bedroom, 2.5 Bath home located in Forest Lakes. The main level showcases a living room with a wood burning fireplace, dining area that is perfect for hosting gatherings and a kitchen with ample cabinetry plus two pantries! Master Suite has vaulted ceilings and will accommodate king size furniture! The ensuite bathroom features a garden tub, double vanities and a walk-in closet. Two additional bedrooms plus a second full bath. Laundry is conveniently located on the second level. One car garage. fenced backyard PLUS a screened patio - Perfect for Entertaining! Make plans to see this home ASAP - Contact Your Favorite Agent Today!

Last Agent to Sell the Property

TJ Westmoreland

Keller Williams Metro South Listed on: 06/17/2021

Keller Williams Metro South

Last Buyer's Agent

Frankie Gettings

RealtySouth-OTM-Acton Rd License #109726

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • 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 upper level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Lake Property
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc, management fee
  • Forest Lakes HOA, Phone Number (205) 991-1500

Recreation

  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 2005

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1287518?w=PubMLS
  • Living Area: 1420
  • Legal Description: FOREST LAKES 12TH SEC RES LOT 682A
  • List Price per Sq Ft: 168.94
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: TBA
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 162.68
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living/Din1|Kitchen1|HalfBath1|MasterBR2|MasterBath2|Bedroom2|FullBath2|Bedroom2|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Master Bedroom, On Level: 2
  • Room 5: Master Bath, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living/Dining (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, Stove-Electric
  • Kitchen Features: Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 614
  • Upper Level Sq Ft: 806

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Slab
  • Patio Type: Covered - (PATIO), Screened (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, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1420

Condo/Co-op/Association

  • Amenities: Park, Playgound, Private Lake, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 220
  • Association Fee Per: Yearly
  • HOA Management Company: Forest Lakes HOA
  • Hoa Phone: 205-991-1500

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-15-0-003-074.000
  • Lot Description: Subdivision
  • Number Acres: 0.11

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Insulated Door

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 697

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
Jun 17, 2021
Closed on
Jul 28, 2021
Sold by
Fisher Kathryn A
Bought by
Rueschenberg Bailey A
Seller's Agent
TJ Westmoreland
Keller Williams Metro South
Buyer's Agent
Frankie Gettings
RealtySouth-OTM-Acton Rd
List Price
$239,900
Sold Price
$231,000
Premium/Discount to List
-$8,900
-3.71%
Current Estimated Value
$271,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,357
Avg. Annual Appreciation
4.22%
Original Mortgage
$221,666
Outstanding Balance
$202,086
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$71,501

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 18, 2019
Sold by
Drew Daniel L and Drew Chelsea Anne
Bought by
Fisher Kathryn A
Seller's Agent
Kyle Lubsen
Keller Williams Realty Hoover
Buyer's Agent
Courtney Hunter
Keller Williams Realty Vestavia
List Price
$165,000
Sold Price
$168,000
Premium/Discount to List
$3,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%
Original Mortgage
$164,957
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2005
Sold by
American Homes & Land Corp
Bought by
Drew Daniel L and Drew Chelsea Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Rueschenberg Bailey A $231,000 None Available
Fisher Kathryn A $168,000 None Available
Drew Daniel L $144,740 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rueschenberg Bailey A $221,666
Previous Owner Fisher Kathryn A $164,957
Previous Owner Drew Daniel L $46,270
Previous Owner Drew Daniel L $115,750
Closed Drew Daniel L $28,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $231,000 -3.7% $163 / Sq Ft
06/17/2021 06/17/21 For Sale $239,900 +42.8% $169 / Sq Ft
07/22/2019 07/22/19 Sold $168,000 +1.8% $119 / Sq Ft
06/14/2019 06/14/19 For Sale $165,000 -- $117 / 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 $1,124 $25,540 $0 $0
2023 $1,082 $25,520 $0 $0
2022 $975 $23,100 $0 $0
2021 $806 $19,260 $0 $0
2020 $696 $16,760 $0 $0
2019 $1,428 $32,460 $0 $0
2017 $1,381 $31,380 $0 $0
2015 $1,332 $30,280 $0 $0
2014 $610 $14,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TJ Westmoreland

    Seller's Agent in 2021

    TJ Westmoreland

    Keller Williams Metro South

    (205) 918-3000

    1 in this area

    122 Total Sales

    TJ Westmoreland
    Section Image

  • F

    Buyer's Agent in 2021

    Frankie Gettings

    RealtySouth

  • Kyle Lubsen

    Seller's Agent in 2019

    Kyle Lubsen

    Keller Williams Realty Hoover

    (205) 209-2421

    6 in this area

    82 Total Sales

    Kyle Lubsen
    Section Image

  • C

    Buyer's Agent in 2019

    Courtney Hunter

    Keller Williams Realty Vestavia

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1287518

Greater Alabama MLS

APN: 09-5-15-0-003-074-000

Alabama Shelby County Sterrett 35147

2531 Forest Lakes Ln, Sterrett, AL

This home is located at 2531 Forest Lakes Ln, Sterrett, AL 35147 since 17 June 2021 and is currently estimated at $271,357, approximately $191 per square foot. This property was built in 2005. 2531 Forest Lakes Ln is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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