NOT LISTED FOR SALE

397 Cedar Ln Maylene, AL 35114

Estimated Value: $330,000 - $485,000

4 Beds
3.5 Baths
2,560 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $465,000 $182 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,368/month

31 Days on Market

Highlights

  • Safe Room
  • 3.12 Acre Lot
  • Attic
  • Thompson Intermediate School Rated A-
  • Covered Deck
  • Stone Countertops

About This Home

As of August 2022

BACK ON MARKET DUE TO NO FAULT OF ITS OWN- RENOVATED HOME ON OVER 3 FLAT ACRES! If you have dreamed of living in Alabaster in a truly private setting with all the conveniences of town, THIS IS IT! Main level features an open floor plan, great for entertaining. Brand new kitchen with quartz counters, solid wood shaker cabinets & stainless appliances. New LVP flooring throughout. Split bedroom plan with large master and ensuite. Spacious secondary bedrooms. Daylight basement features 4th bedroom or bonus, full bath, large storage area, wet bar, living space and 2 car garage. Exterior of the home has a large front and back deck, patio area and backyard with a fenced-in portion. Detached 2 car shop with power and 1/2 bath is the icing on the cake! The property is so beautiful, so be sure to take the time to walk the trail that will lead you to the firepit area and around the entire perimeter. This home is a must see and this second chance will not last long!

Last Agent to Sell the Property

Nadia Wallace

Keller Williams Realty Hoover Listed on: 06/10/2022

Keller Williams Realty Hoover

Last Buyer's Agent

JORDAN HOSEY

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 2005

Lot Details

  • 3.12 Acre Lot
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Safe Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Creek View Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

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

Community Details

  • $13 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1321860?w=PubMLS
  • Living Area: 1600
  • Legal Description: COM SW COR SEC 34 E ALG SEC LN 935.57 TO POB NE45.82 NW566.53 S340.68 SE405.83 NE192.75 TO POB
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valley
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Recess Lighting, Safe Room/Storm Cellar, Split Bedroom, Wet Bar
  • Floors: Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|Laundry1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|BedroomB|DenB|FullBathB|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Room 10: Bedroom, On Level: B
  • Room 11: Den/Family, On Level: B
  • Room 12: Full Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (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: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 960
  • Main Level Sq Ft: 1600

Exterior Features

  • Patio: Yes
  • Construction: Brick Over Foundation, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Balcony, Fenced Yard, Workshop (EXTR), Porch
  • Foundation: Basement
  • Patio Type: Covered - (PATIO), Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Total Garage Spaces: 2
  • Parking Features: Circular Drive, Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2560

Fee Information

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

Lot Info

  • Assessor Parcel Number: 13-8-34-3-003-044.000
  • Lot Description: Acreage, Some Trees
  • Number Acres: 3.12

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Star Appliances, LED Lighting

Tax Info

  • Tax District: ALABASTER
  • Annual Tax: 1145

MLS Schools

  • Elementary School: CREEK VIEW
  • High School: THOMPSON
  • Jr Middle School: THOMPSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 1, 2022
Sold by
Wallace Robert D and Wallace Nadia
Bought by
Binder Alex and Binder Courtney E
Seller's Agent
Nadia Wallace
Keller Williams Realty Hoover
Buyer's Agent
JORDAN HOSEY
Real Broker LLC
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Views
6
Current Estimated Value
$418,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,461
Avg. Annual Appreciation
-3.07%
Original Mortgage
$395,250
Outstanding Balance
$378,736
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$39,803

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 18, 2021
Sold by
Mchmen Steven
Bought by
Wallace Robert D and Wallace Nadie
Seller's Agent
Desiree Miller
Keller Williams Metro South
Buyer's Agent
Nadia Wallace
Keller Williams Realty Hoover
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.71%
Original Mortgage
$275,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mehmen Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2014
Sold by
Tucker Michael T and Tucker Ginny A
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records
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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
Binder Alex $465,000 Smitherman Justin
Wallace Robert D $290,000 None Available
Mehmen Steven $170,000 Servicelink
Federal Home Loan Mortgage Corporation $201,559 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binder Alex $395,250
Previous Owner Wallace Robert D $275,500
Previous Owner Mehmen Steven $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $465,000 +0.6% $182 / Sq Ft
07/06/2022 07/06/22 Price Changed $462,000 +2.7% $180 / Sq Ft
06/10/2022 06/10/22 For Sale $450,000 +55.2% $176 / Sq Ft
02/18/2021 02/18/21 Sold $290,000 +1.8% $121 / Sq Ft View Prior Sale
01/13/2021 01/13/21 For Sale $285,000 +67.6% $119 / Sq Ft
08/18/2014 08/18/14 Sold $170,000 -2.8% $100 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $174,900 -- $102 / 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 $2,186 $40,480 $0 $0
2023 $1,996 $37,720 $0 $0
2022 $1,431 $27,260 $0 $0
2021 $1,146 $21,980 $0 $0
2020 $1,111 $21,340 $0 $0
2019 $1,085 $20,860 $0 $0
2017 $1,045 $20,120 $0 $0
2015 $1,000 $19,280 $0 $0
2014 $983 $18,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1321860

Greater Alabama MLS

APN: 13-8-34-3-003-044-000