NOT LISTED FOR SALE

Estimated Value: $110,000 - $240,000

4 Beds
2 Baths
1,494 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $86,000 $58 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,044/month

Highlights

  • Marina
  • Community Boat Launch
  • Deck
  • Shelby Elementary School Rated A-
  • Fishing
  • Wood Flooring

About This Home

As of July 2021

Wholesale opportunity with this 4BR/2BA home down the street from Lay Lake. Hardwood floors throughout with tile in the bathrooms. The kitchen and dining area has access out to the back deck. This home needs work and is on a corner lot. Lacoosa Marina is located down the street also.

Last Agent to Sell the Property

Cody Cato

Impact Realty Advisors Listed on: 04/08/2021

Last Buyer's Agent

Monica Thach

Keller Williams

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $315

Year Built

  • Built in 1986

Lot Details

  • 0.7 Acre Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • Deck

Schools

  • Shelby Elementary School
  • Columbiana Middle School
  • Shelby County High School

Utilities

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

Community Details

  • Community Boat Launch
  • RV or Boat Storage in Community
  • Marina
  • Fishing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$315

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1281699?w=PubMLS
  • Living Area: 1494
  • Legal Description: BEG NE COR LT 4 EARMONDS PLACE MB 28 PG 140 SW146.2 NW195.73 TO E ROW CO RD #311 NELY ALG ROW 175.8 TO S ROW CO RD #71 SE AL
  • List Price per Sq Ft: 50.2
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1986
  • Price Per Sq Ft: 57.56
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Amenities: Handiman Special
  • Floors: Hardwood, Vinyl
  • Bedroom/Bathroom Features: Separate Shower, Shared Bath, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|Laundry1|Bedroom1|Bedroom1|FullBath1|Bedroom1|MasterBR1|MasterBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Laundry, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Master Bedroom, On Level: 1
  • Room 9: Master Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 1494

Exterior Features

  • Construction: Shingle, Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Storage Building
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1494

Condo/Co-op/Association

  • Amenities: Boat Launch, Boat Storage Facility, Boats-Motorized Allowed, Fishing, Marina

Schools

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

Lot Info

  • Assessor Parcel Number: 33-1-11-0-001-039.007
  • Lot Description: Corner Lot
  • Number Acres: 0.7

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 315

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 3, 2021
Sold by
Alavest Llc
Bought by
Thomas Patricia
Seller's Agent
Cody Cato
Impact Realty Advisors
Buyer's Agent
Monica Thach
Keller Williams
List Price
$100,000
Sold Price
$86,000
Premium/Discount to List
-$14,000
-14%
Current Estimated Value
$187,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,708
Avg. Annual Appreciation
20.48%
Original Mortgage
$83,420
Outstanding Balance
$75,725
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$111,983

Purchase Details

Closed on
Mar 17, 2021
Sold by
Midstate Trust Inc
Bought by
Alavest Llc and Gassaway

Purchase Details

Closed on
Jan 31, 2021
Sold by
Gassaway James G and Gassaway Angela M
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jan 31, 2014
Sold by
Green Tree Servicing Llc
Bought by
Gassaway James G and Gassaway Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,652
Interest Rate
4.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2013
Sold by
Harrell Myra L and Harrell Morris D
Bought by
U S Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,652
Interest Rate
4.42%
Mortgage Type
Seller Take Back
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
Thomas Patricia $86,000 None Available
Alavest Llc $76,000 None Listed On Document
Green Tree Servicing Llc $76,000 None Available
Gassaway James G $55,801 None Available
U S Bank Na $44,739 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Patricia $83,420
Previous Owner Gassaway James G $116,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $86,000 +14.7% $58 / Sq Ft
06/08/2021 06/08/21 Price Changed $75,000 -8.5% $50 / Sq Ft
05/28/2021 05/28/21 Price Changed $82,000 +2.5% $55 / Sq Ft
04/28/2021 04/28/21 Price Changed $80,000 -11.1% $54 / Sq Ft
04/16/2021 04/16/21 Price Changed $90,000 -10.0% $60 / Sq Ft
04/08/2021 04/08/21 For Sale $100,000 -- $67 / 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 $538 $12,220 $0 $0
2023 $0 $11,260 $0 $0
2022 $0 $9,200 $0 $0
2021 $330 $8,440 $0 $0
2020 $315 $8,080 $0 $0
2019 $271 $7,080 $0 $0
2017 $273 $7,140 $0 $0
2015 $252 $6,660 $0 $0
2014 $299 $6,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1281699

Greater Alabama MLS

APN: 33-1-11-0-001-039-007