NOT LISTED FOR SALE

332 Emerald Ln Unit LOT 37B Chelsea, AL 35043

Estimated Value: $448,000 - $583,000

1.1 Acres
$467,974 Price per Acre
47,916 Sq Ft Lot

Last Sold December 21, 2021

Last sale price $69,000

Est. 646% increase in value since last sale

Current estimated payment $3,000/month

94 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Lake View
  • Lake Property
  • Forest Oaks Elementary School Rated A-
  • 1.1 Acre Lot
  • Trails

About This Lot

As of December 2021

This beautiful .84 acres is perfect for building. This is a very nice lot with waterfront access and plenty of privacy with trees and beauty all around. House plans, survey and plat available for viewing. Private and water access. House plans include 3BR/2BA with Garage, pantry, dining room, sports room and large kitchen inside the Chelsea School District! Please see plans in Documents. This is a gorgeous piece of property and won't last!

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage South Listed on: 06/22/2021

RE/MAX Advantage South

Last Buyer's Agent

Tammy Mularski

RealtySouth-Inverness Office

RealtySouth-Inverness Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $616

Lot Details

  • 1.1 Acre Lot
  • 130 Feet of Waterfront
  • Few Trees

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Forest Oaks Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-5-16-3-003-037.000

Community Details

Overview

  • $13 Other Monthly Fees

Recreation

  • Trails
  • Water Access
  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$616

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: House Plan Approval, Survey Available
  • Down Payment Assistance: No
  • Legal Description: EMERALD PARC PH 2 RES LOT 37B
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Emerald Lake
  • Waterfront Frontage: 130
  • Road Access: Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Water

Condo/Co-op/Association

  • Amenities: Direct Water Access, Walking Trails
  • Association Fee: 125
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Fee Information

  • Garbage Fee Amount: 40
  • Garbage Fee Per: Quarterly
  • Garbage Fee: Yes

Schools

  • Elementary School: FOREST OAKS
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 15-5-16-3-003-037.000
  • Lot Description: Acreage, Some Trees, Subdivision
  • Lot View: Lake/Water View
  • Number Acres: 1.1
  • Best Use Per Zone: Residential
  • Improvements: Lake, Value In Land Only, Walking Paths
  • List Price per Acre: 62727.27
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential
  • Unit/Lot Number: LOT 37B

Tax Info

  • Tax District: Chelsea
  • Annual Tax: 616

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: FOREST OAKS
  • High School: CHELSEA
  • Jr Middle School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Peeks Ken M
Bought by
Couch Kevin L and Couch Allyson P
Current Estimated Value
$514,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$346,476
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$144,399

Purchase Details

Listed on
Jun 22, 2021
Closed on
Dec 21, 2021
Sold by
Peeks Kenneth Micahel
Bought by
Bolda Jsoeph J and Bolda Denise G
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Tammy Mularski
RealtySouth-Inverness Office
List Price
$69,000
Sold Price
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.68%

Purchase Details

Closed on
Oct 24, 2014
Sold by
Peeks Wendi L
Bought by
Peeks Kenneth M

Purchase Details

Closed on
Dec 30, 2011
Sold by
Brown Donald W and Brown Jennifer B
Bought by
Peeks Ken M and Peeks Wendi L

Purchase Details

Closed on
Jun 30, 2005
Sold by
Kent Larry
Bought by
Brown Donald W and Brown Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,985
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 1, 2005
Sold by
Emerald Parc Llc
Bought by
Kent Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Couch Kevin L $400,000 Atchison Mike T
Bolda Jsoeph J $69,000 None Available
Peeks Kenneth M -- None Available
Peeks Ken M $307,000 None Available
Brown Donald W $354,721 --
Kent Larry $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couch Kevin L $360,000
Previous Owner Peeks Kenneth M $35,550
Previous Owner Peeks Ken M $65,000
Previous Owner Peeks Ken M $65,000
Previous Owner Brown Donald W $336,985
Previous Owner Kent Larry $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $69,000 0.0% --
06/22/2021 06/22/21 For Sale $69,000 -- --
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 $2,219 $50,440 $0 $0
2023 $2,144 $49,660 $0 $0
2022 $2,137 $49,500 $0 $0
2021 $1,697 $39,500 $0 $0
2020 $1,664 $38,740 $0 $0
2019 $1,613 $37,580 $0 $0
2017 $1,631 $38,000 $0 $0
2015 $1,522 $35,520 $0 $0
2014 $1,466 $34,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1290074

Greater Alabama MLS

APN: 15-5-16-3-004-011-000