NOT LISTED FOR SALE

400 Lake Oliver Dr Enterprise, AL 36330

Estimated Value: $404,000 - $476,785

5 Beds
3.5 Baths
4,456 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 21, 2025

Last sale price $424,000 $95 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,431/month

133 Days on Market

Highlights

  • Lake Front
  • Mature Trees
  • Multiple Fireplaces
  • Dauphin Junior High School Rated A
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2025

Priced under appraised value! This is truly a one-of-a-kind property with 2908sf on the main floor and a fully finished basement apartment with 1548sf. You will love the fabulous water view at the back and the 9-foot ceilings on the main floor and the basement.
Highlights of this property: The basement apartment, with central heating/cooling was new in 2020, features a large bedroom with a walk-in closet, a separate sitting room/storage area, a full bathroom, a complete kitchen, a family room with a gas fireplace, and a generous laundry room and offers many possible uses (home theatre, home schooling area, home office, in-law suite, home gym). The main floor includes crown molding, 4 strategically placed bedrooms, 2.5 baths, a formal dining room, a formal living room with deck access, laundry room, and a well-equipped kitchen with stainless appliances, granite countertops, a gas cooktop range and large island. The large primary bedroom offers 2 walk-in closets, a spacious ensuite bathroom with double vanities, a jetted tub, a tiled shower, and a bidet. Outside, there is a covered front porch, a section of the backyard enclosed by privacy fencing and chain-linked fencing with four gates, and a private dock on the lake for fishing. The architectural shingled roof was replaced in the summer of 2017, and there is a dual-headed water fountain in the lake. The property also comes with a Terminix termite bond. The picturesque setting and amenities make this home a unique find. Location is close to dining, shopping, Ft Novosel.

Last Agent to Sell the Property

Linda Simmons

TEAM LINDA SIMMONS REAL ESTATE License #55437 Listed on: 11/08/2024

Last Buyer's Agent

William Frazier

TEAM LINDA SIMMONS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1987

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 100.21x213.21x101x228.15
  • Lake Front
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Mature Trees

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Ridge Vents on the Roof

Interior Spaces

  • 4,456 Sq Ft Home
  • Multi-Level Property
  • High Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Ventless Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Home Security System
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Enterprise High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16-02-10-2-001-002.010

Community Details

Overview

  • Olivers Lake Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 1987

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • LaundryFeatures: Washer Hookup, Dryer Hookup
  • LotFeatures: City Lot, Mature Trees, Rolling Slope, Subdivision
  • PoolFeatures: None
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • SecurityFeatures: Security System, Fire Alarm
  • SpecialListingConditions: Standard
  • MLS Status: Closed
  • Subdivision Name: OLIVERS LAKE
  • Directions: From BWC, turn onto Ozark Highway, right onto Dixie, left onto Lake Oliver Drive. Home will be on right.
  • Architectural Style: Split Level
  • Fireplace Features: Gas, Multiple, Ventless
  • Flooring: Carpet, Laminate, Plank, Tile, Vinyl
  • Garage Yn: Yes
  • Interior Features: Double Vanity, High Ceilings, Jetted Tub, Separate Shower, Walk-In Closet(s), Window Treatments, Breakfast Bar, Kitchen Island
  • Unit Levels: Multi/Split
  • New Construction: No
  • Efficiency: Windows
  • Roof: Ridge Vents
  • WindowFeatures: Double Pane Windows, Window Treatments
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Multiple Water Heaters, Microwave Hood Fan, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Full, Partial
  • Acres: 0.58
  • Topography: Rolling
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Covered Patio, Deck, Fully Fenced, Fence, Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multiple Heating Units
  • HeatingYN: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Electricity: Enterprise

Schools

  • Ninth Grade High School: Enterprise High School

Lot Info

  • Lot Dimensions: 100.21X213.21X101X228.15
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-02-10-2-001-002.010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1155.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Apr 22, 2025
Sold by
Jackson Edna M
Bought by
Mechler Joshua Harold and Mechler Jacqueline Taylor
Seller's Agent
Linda Simmons
TEAM LINDA SIMMONS REAL ESTATE
Buyer's Agent
William Frazier
TEAM LINDA SIMMONS REAL ESTATE
List Price
$415,000
Sold Price
$424,000
Premium/Discount to List
$9,000
2.17%
Views
152
Current Estimated Value
$426,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,696
Avg. Annual Appreciation
-5.32%
Original Mortgage
$424,000
Outstanding Balance
$423,626
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
-$9,936

Purchase Details

Closed on
Feb 27, 2024
Sold by
Jackson Phillip L and Jackson Angela J
Bought by
Jackson Edna M

Purchase Details

Closed on
Jul 7, 2015
Sold by
Jackson Edna M
Bought by
Jackson Phillip L and Merimon Angela J
Source: Public Records

Range of Values:

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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
Mechler Joshua Harold $405,000 None Listed On Document
Jackson Edna M $347,950 None Listed On Document
Jackson Phillip L $264,460 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mechler Joshua Harold $424,000
Previous Owner Jackson Ernest L $87,745
Previous Owner Jackson Ernest L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $424,000 +3.4% $95 / Sq Ft
03/16/2025 03/16/25 Off Market $410,000 -- --
01/17/2025 01/17/25 Price Changed $410,000 -1.2% $92 / Sq Ft
11/08/2024 11/08/24 For Sale $415,000 -- $93 / Sq Ft
Source: Wiregrass REALTORS®

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 $1,262 $37,680 $3,061 $34,619
2023 $1,155 $31,138 $3,000 $28,138
2022 $1,020 $31,140 $0 $0
2021 $1,030 $27,600 $0 $0
2020 $854 $26,660 $0 $0
2019 $854 $26,660 $0 $0
2018 $855 $26,680 $0 $0
2017 $830 $26,000 $0 $0
2016 $1,134 $26,460 $0 $0
2015 $847 $26,460 $0 $0
2014 $847 $26,460 $0 $0
2013 $1,026 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wiregrass REALTORS®

MLS Number: 552452

APN: 16-02-10-2-001-002.010