Seller's Agent in 2018
Marilyn Seier
RealtySouth
(205) 531-0285
38 Total Sales
256 Wallace Dr Shelby, AL 35143
South Shelby NeighborhoodEstimated Value: $534,000 - $638,000
5
Beds
3
Baths
2,804
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Boathouse
- 100 Feet of Waterfront
- Community Boat Launch
- Shelby Elementary School Rated A-
- Private Dock
- Lake View
About This Home
As of August 2018Wallace Drive in Lay Lake's Shelby Shores easily reached from either I-65 or Hwy. 280. Beautiful lake view from this pristine home. Looking for a permanent residence or a second home you will discover Lay Lake is one of a kind. Unlike Lake Logan Martin and Lake Martin the water level at Lay Lake is at full pool year round. Two boat boathouse with electric lifts & a private boat launch. Updated Kitchen and baths. Move in ready. Beautifully landscaped yard with sprinkler system. Enjoy lake living this summer. Shelby county's county seat, quaint Columbiana is minutes away. It has a Piggly Wiggly, 2 drug stores, churches and restaurants in the downtown area. Lay Lakes Shelby Shores has a community center with monthly pot luck dinners, summer BBQ and a Santa boat parade on the lake.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,269
Year Built
- Built in 1983
Lot Details
- 0.45 Acre Lot
- 100 Feet of Waterfront
- Sprinkler System
- Few Trees
Parking
- 1 Car Garage
- Basement Garage
- Side Facing Garage
- Circular Driveway
Home Design
- Ridge Vents on the Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace in Hearth Room
- Double Pane Windows
- Window Treatments
- Insulated Doors
- Keeping Room
- Lake Views
- Storm Doors
- Attic
Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Natural lighting in basement
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
Outdoor Features
- Boathouse
- Private Dock
- Covered Deck
- Covered Patio or Porch
Utilities
- Two cooling system units
- Central Air
- Two Heating Systems
- Heat Pump System
- Programmable Thermostat
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 31-4-18-0-001-041.000
Community Details
Overview
- $11 Other Monthly Fees
Recreation
- Community Boat Launch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2018
Closed on
Aug 15, 2018
Sold by
Riha Matt and Riha Jennifer
Bought by
Killingsworth Gregory Wade
Seller's Agent
Marilyn Seier
RealtySouth-OTM-Acton Rd
Buyer's Agent
Kimberly Williams
Keller Williams Realty Vestavia
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,070
Avg. Annual Appreciation
5.85%
Purchase Details
Closed on
Oct 15, 2014
Sold by
Lay N Lo Llc
Bought by
Riha Matthey S and Riha Jennifer L
Purchase Details
Closed on
Jun 1, 1999
Sold by
Regions Mtg Inc
Bought by
Riha Matt and Riha Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
7.13%
Purchase Details
Closed on
Jan 11, 1999
Sold by
Jones Atwater Joyce H
Bought by
Americas Loan Source Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Killingsworth Gregory Wade | $430,000 | None Available | |
| Riha Matthey S | $158,400 | None Available | |
| Riha Matt | -- | -- | |
| Americas Loan Source Inc | $182,918 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Killingsworth Gregory Wade | $279,999 | |
| Previous Owner | Riha Matt S | $173,477 | |
| Previous Owner | Riha Matthew | $234,600 | |
| Previous Owner | Riha Matthew S | $40,900 | |
| Previous Owner | Riha Matthew S | $209,000 | |
| Previous Owner | Riha Matt | $40,000 | |
| Previous Owner | Riha Matthew S | $195,000 | |
| Previous Owner | Riha Matthew S | $25,400 | |
| Previous Owner | Riha Matt | $143,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2018 08/15/18 | Sold | $430,000 | -6.5% | $153 / Sq Ft |
| 05/30/2018 05/30/18 | Price Changed | $459,900 | -8.0% | $164 / Sq Ft |
| 04/11/2018 04/11/18 | For Sale | $499,900 | -- | $178 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $2,349 | $53,380 | $0 | $0 |
| 2023 | $2,213 | $50,300 | $0 | $0 |
| 2022 | $3,973 | $90,300 | $0 | $0 |
| 2021 | $3,543 | $80,520 | $0 | $0 |
| 2020 | $3,290 | $74,780 | $0 | $0 |
| 2019 | $3,240 | $73,640 | $0 | $0 |
| 2017 | $1,268 | $29,760 | $0 | $0 |
| 2015 | $1,231 | $28,920 | $0 | $0 |
| 2014 | $1,208 | $28,380 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Kimberly Williams
Keller Williams Realty Vestavia
(205) 397-6500
4 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 813062
APN: 31-4-18-0-001-041-000
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.
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.
Nearby Homes
- 156 Wallace Dr
- 3753 County Road 42 Unit 1
- 511 Wallace Dr
- 17016 Highway 42
- 1035 Lake Dr
- 42 Two Stone Trail
- 70 Volunteers Cir Unit 70
- 16404 County Road 42
- 16350 County Road 42
- 47 Conn Cir
- 0 Vick Ln Unit 21416150
- 3015 Talladega Springs Rd
- 90 Bass Ln
- 451 Paradise Point Dr
- 59 General Jackson Memorial Dr Unit 59
- 53 Summers Bend Unit 1
- 9 General Jackson Memorial Dr Unit 9
- 0 General Jackson Memorial Dr Unit 21425920
- 127 Perkins Landing Rd
- 436 Perkins Landing Cove