NOT LISTED FOR SALE

Estimated Value: $434,000 - $474,000

3 Beds
2.5 Baths
1,495 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $220,000 $147 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,552/month

Highlights

  • Boathouse
  • 100 Feet of Waterfront
  • RV or Boat Storage in Community
  • Shelby Elementary School Rated A-
  • Fishing
  • Lake View

About This Home

As of August 2014

PERFECT FULLTIME, WEEKEND OR RETIREMENT HOME. LOCATED IN ONE OF MOST DESIRABLE LAKEFRONT COMMUNITIES ON LAY LAKE, SHELBY SHORES. GOOD FOLKS -FRIENDY NEIGHBORS - ACTIVE COMMUNITY ASSOCIATION WITH POTLUCK SUPPERS, BARBEQUES & FISH FRYS. YOU'LL LOVE THE WARM FRIENDLY ATMOSPHERE. EVERYTHING IS ON 1 LEVEL. NO STEPS FROM GARAGE TO HOUSE. CUSTOM QUALITY BUILT BY CURRENT OWNER. GREATROOM HAS VAULTED CEILING WITH SKYLIGHTS. YOU'LL LOVE THE FANTASTIC SUNROOM THAT YOU CAN USE YEAR ROUND TO ENJOY THE BEAUTIFUL LAKEFRONT VIEW. NICE LEVEL YARD. ALSO HAS LARGE BOATHOUSE WITH ATTACHED STORAGE BUILDING.SPRINKLER SYSTEM FOR THE LAWN WHICH PUMPS FROM THE LAKE. NEW METAL ROOF IN 2011-HEATPUMP 2012-COME TAKE A LOOK. YOU'LL LOVE IT. ASSOCIATION DUES OF $50.00 ARE VOLUNTARY. PROPANE TANK FOR THE GAS LOGS, DRYER AND WATER HEATER IS OWNED BY SELLER AND NOT LEASED. GORGEOUS HUGE TREES AND PLENTY OF PARKING FOR YOUR FAMILY AND FRIENDS.

Last Agent to Sell the Property

Jean Lowe

Lowe and Associates Realty Inc License #000022517 Listed on: 01/02/2014

Last Buyer's Agent

Laura Stanfield

The Real Estate Group, Inc. License #000073841

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,708

Year Built

  • 1979

Lot Details

  • 100 Feet of Waterfront
  • Interior Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Side Facing Garage

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Brick Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Great Room with Fireplace
  • Sun or Florida Room
  • Carpet
  • Lake Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed
  • Boathouse
  • Deck

Utilities

  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31-3-07-0-002-056.000

Community Details

Overview

  • $12 Other Monthly Fees

Recreation

  • RV or Boat Storage in Community
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1495
  • Legal Description: LOT 14 -1974 ADD TO SHELBY SHORES PHASE 2 MB6 PG 33
  • List Price per Sq Ft: 159.87
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Interior Amenities: Split Bedroom
  • Fireplace Details: Brick (FIREPL), Masonry
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet
  • Number Fireplaces: 1
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Great Room, 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: Half Bath, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Room 10: Sunroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Kitchen Equipment: Dishwasher Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer -Gas
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1495

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: 4 Side Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private
  • Foundation: Crawl Space
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Parking (MLVL)

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boat Storage Facility, Boats-Motorized Allowed, Fishing, River, Skiing Allowed, Swimming Allowed, Walking Paths

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 36
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 31-3-07-0-002-056.000
  • Lot Description: Interior Lot, Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2016
Sold by
Gamble Garrett W and Gamble Cassandra R
Bought by
Pope Ruth
Current Estimated Value
$454,515

Purchase Details

Listed on
Jan 2, 2014
Closed on
Aug 11, 2014
Sold by
Estate Of Lillys Heaton Norris
Bought by
Gamble Garrett W and Gamble Cassandra R
Seller's Agent
Jean Lowe
Lowe and Associates Realty Inc
Buyer's Agent
Laura Stanfield
The Real Estate Group, Inc.
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$220,000
Interest Rate
4.2%
Mortgage Type
VA
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
Pope Ruth $237,000 None Available
Gamble Garrett W $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamble Garrett W $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $220,000 -7.9% $147 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $239,000 -- $160 / 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 $1,708 $38,820 $0 $0
2023 -- $37,060 $0 $0
2022 $0 $32,640 $0 $0
2021 $881 $28,160 $0 $0
2020 $881 $24,900 $0 $0
2019 $881 $24,500 $0 $0
2017 $881 $23,880 $0 $0
2015 $982 $23,240 $0 $0
2014 -- $23,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 584105

Greater Alabama MLS

APN: 31-3-07-0-002-056-000