NOT LISTED FOR SALE

4042 Forest Lakes Rd Sterrett, AL 35147

Estimated Value: $218,000 - $242,827

2 Beds
2 Baths
1,138 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $110,000 $97 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,415/month

106 Days on Market

Highlights

  • Fishing
  • Lake Property
  • Attic
  • Chelsea Park Elementary School Rated A-
  • Covered Deck
  • Great Room with Fireplace

About This Home

As of December 2013

A community where the residents view their house as a home built with love and dreams. This home is decorated with love and taste. Huge Great Room and Kitchen area makes you want to curl up on the sofa with a cozy feeling. Master Bedroom is very spacious. Master Bath has the soaker garden tub with a separate shower. Plenty of cabinet space under the cultured marble counter tops. HUGE Master Closet. This home does have a one car garage. As you step out on the Covered Patio and overlooking the landscaped back yard that is fenced. This comunity does have a great Lake for fishing or walking on the sidewalks with street lights. Very livable back yard with firepit and bench. Roast marshmellows over an open firepit and listen to the sounds coming from the woods. Sometimes you will see the deer walking around in the woods behind the house. Two Grand Entrances. This HOME has been LOVED and it SHOWS!!!!!

Last Agent to Sell the Property

Karen Paulovich

EXIT Realty Sweet HOMElife Listed on: 08/07/2013

EXIT Realty Sweet HOMElife

Last Buyer's Agent

Scott Howell

The Brokerage LLC License #000071599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • 2003

Lot Details

  • Cul-De-Sac
  • Fenced Yard
  • Interior Lot
  • Irregular Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Breakfast Room
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Outdoor Features

  • Lake Property
  • Covered Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09-5-22-0-006-019.000

Community Details

Overview

  • $12 Other Monthly Fees

Recreation

  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,807

Year Built

2003

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Living Area: 1138
  • Legal Description: Forest Lakes Sector 10 Lot 523
  • List Price per Sq Ft: 107.12
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: GENERAL PEST CON
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • 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: Full Bath, On Level: 1
  • Room 7: Breakfast Room, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Breakfast Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1138

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Fenced Yard, Lighting System
  • Foundation: Slab
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boats-Non Motor Only, Fishing, Private Lake, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 35
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: MT LAUREL
  • Middle School: CHELSEA
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 09-5-22-0-006-019.000
  • Lot Description: Cul-de-sac, Interior Lot, Irregular Lot, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Dec 18, 2013
Sold by
Wheeler Lois E
Bought by
Matthews Shaun S
Seller's Agent
Karen Paulovich
EXIT Realty Sweet HOMElife
Buyer's Agent
Scott Howell
The Brokerage LLC
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Current Estimated Value
$229,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,207
Avg. Annual Appreciation
6.49%
Original Mortgage
$104,500
Outstanding Balance
$78,518
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$150,689

Purchase Details

Closed on
Mar 30, 2009
Sold by
Scott Peyton H and Buczek Chris
Bought by
Wheeler Lois E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2003
Sold by
American Homes & Land Corp
Bought by
Scott Peyton H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,495
Interest Rate
6.13%
Mortgage Type
FHA
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
Matthews Shaun S $110,000 None Available
Wheeler Lois E $130,000 None Available
Scott Peyton H $115,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Shaun S $104,500
Previous Owner Wheeler Lois E $127,645
Previous Owner Buczek Peyton S $114,800
Previous Owner Scott Peyton H $114,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Sold $110,000 -15.3% $97 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $129,900 -- $114 / 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 $1,807 $41,060 $0 $0
2023 $1,776 $40,360 $0 $0
2022 $1,595 $36,240 $0 $0
2021 $1,371 $31,160 $0 $0
2020 $1,198 $27,220 $0 $0
2019 $1,168 $26,540 $0 $0
2017 $504 $12,380 $0 $0
2015 $486 $11,980 $0 $0
2014 $476 $11,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Paulovich

    Seller's Agent in 2013

    Karen Paulovich

    EXIT Realty Sweet HOMElife

    (205) 281-5226

    12 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Scott Howell

    The Brokerage LLC

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Map

Source: Greater Alabama MLS

MLS Number: 572463

Greater Alabama MLS

APN: 09-5-22-0-006-019-000

Alabama Shelby County Sterrett 35147

4042 Forest Lakes Rd, Sterrett, AL

This home is located at 4042 Forest Lakes Rd, Sterrett, AL 35147 since 07 August 2013 and is currently estimated at $229,207, approximately $201 per square foot. This property was built in 2003. 4042 Forest Lakes Rd is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea 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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