NOT LISTED FOR SALE

360 Wallace Dr Shelby, AL 35143

South Shelby Neighborhood

Estimated Value: $354,000 - $490,508

3 Beds
3 Baths
2,216 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $315,000 $142 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,531/month

99 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Dock
  • Solid Surface Countertops
  • Shelby Elementary School Rated A-
  • Lake View
  • Screened Porch

About This Home

As of October 2019

You are going to love this beauty! Sitting on beautiful Lay Lake in Shelby, AL. Great upgrades, plenty of room with SS appliances, granite counter tops and great outdoor entertaining space. What a great vacation home or a forever home on the water! It is priced to sell and it will not last long, so set up your showing today! PRICE REDUCTION TO $318,000.00!

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage South Listed on: 07/08/2019

RE/MAX Advantage South

Last Buyer's Agent

Kim Lewellen

EXIT Royal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1990

Lot Details

  • 0.54

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Screened Porch
  • Vinyl Flooring
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Private Dock
  • 100 Feet of Waterfront

Community Details

  • $13 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 31-4-18-0-001-037.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1180
  • Legal Description: SHELBY SHORES 1971 ADDITION LOT 20
  • List Price per Sq Ft: 269.49
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1990
  • Price Per Sq Ft: 142.15
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Floors: Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator, Some Stainless Appl, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 1036
  • Main Level Sq Ft: 1180

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Vinyl
  • Exterior Features: Dock Private, Storage Building, Porch, Porch Screened
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking, Unassigned Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2216

Fee Information

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

Schools

  • Elementary School: SHELBY
  • Middle School: COLUMBIANA
  • High School: SHELBY COUNTY

Lot Info

  • Assessor Parcel Number: 31-4-18-0-001-037.000
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Oct 25, 2019
Sold by
Nelson Timothy A and Nelson Tara L
Bought by
Wheat Henri and Wheat Mitzie
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Kim Lewellen
EXIT Royal Realty
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$431,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,377
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Fannie Mae
Bought by
Nelson Timothy A and Nelson Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,302
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2005
Sold by
Bentley James L and Bentley Tammy S
Bought by
Brosz David L and Brosz Leslie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2000
Sold by
Haffner Edgar J and Haffner Majorie K
Bought by
Bentley James L and Bentley Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,880
Interest Rate
8.14%
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
Wheat Henri $314,250 None Available
Nelson Timothy A $176,500 None Available
Brosz David L $215,000 --
Bentley James L $116,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Timothy A $173,302
Previous Owner Brosz David $180,000
Previous Owner Brosz David $36,850
Previous Owner Brosz David L $210,000
Previous Owner Bentley James L $100,150
Previous Owner Bentley James L $10,000
Previous Owner Bentley James L $98,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $315,000 -0.9% $142 / Sq Ft
09/26/2019 09/26/19 Price Changed $318,000 -3.3% $144 / Sq Ft
07/08/2019 07/08/19 For Sale $329,000 -- $148 / 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 $1,789 $40,660 $0 $0
2023 $1,704 $38,720 $0 $0
2022 $1,520 $34,540 $0 $0
2021 $1,284 $29,180 $0 $0
2020 $878 $20,880 $0 $0
2019 $865 $20,580 $0 $0
2017 $788 $18,840 $0 $0
2015 $773 $18,500 $0 $0
2014 $763 $18,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Thomas

    Seller's Agent in 2019

    Brian Thomas

    RE/MAX

    (205) 369-2278

    55 in this area

    257 Total Sales

    Section Image
  • Kim Lewellen

    Buyer's Agent in 2019

    Kim Lewellen

    EXIT Royal Realty

    (205) 245-3536

    1 in this area

    164 Total Sales

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 855067

Greater Alabama MLS

APN: 31-4-18-0-001-037-000

Alabama Shelby County Shelby 35143 South Shelby

360 Wallace Dr, Shelby, AL

This home is located at 360 Wallace Dr, Shelby, AL 35143 since 08 July 2019 and is currently estimated at $431,377, approximately $194 per square foot. This property was built in 1990. 360 Wallace Dr is a home located in Shelby County with nearby schools including Shelby Elementary School, Columbiana Middle School, and Shelby County 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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