NOT LISTED FOR SALE

408 Red Bay Cove Alabaster, AL 35114

Estimated Value: $389,483 - $417,000

5 Beds
3 Baths
2,476 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $269,900 $109 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,344/month

77 Days on Market

Highlights

  • Fishing
  • Lake Property
  • Main Floor Primary Bedroom
  • Thompson Intermediate School Rated A-
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2019

HUGE HOME in the highly desirable Lake Forest subdivision. This home boasts 5 bedrooms, 3 bathrooms, and large common areas! Cook up a feast in the kitchen equipped with stainless steel appliances and GRANITE counter tops! Chill out and grill out on the HUGE back deck! Did we mention all 2018 updates? NEW ROOF, FRESH PAINT, NEW Hardwood, water filtration system and NEW DECK! Main level living - Master on the main!! This home is PERFECT for your growing family. Walking distance to the high school! The community offers sidewalks, walking track around a private lake, bar-b-que area, picnic pavilion and playground.

Last Agent to Sell the Property

Chase Smith

Keller Williams Listed on: 04/17/2019

Keller Williams

Last Buyer's Agent

Sybil Owens

Romano Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 2006

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Attic

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Lake Property
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-2-09-0-009-030.000

Community Details

Overview

  • Mckay Management Association, Phone Number (205) 913-7334

Amenities

  • Community Barbecue Grill

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 2006

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2476
  • Legal Description: LAKE FOREST 6TH SECTOR LOT 30
  • Intermed: THOMPSON
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Amenities: Bay Window
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|MasterBath1|Living1|Kitchen1|Laundry1|FullBath1|Bedroom1|Bedroom2|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Living, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • 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)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Some Stainless Appl
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 1714
  • Upper Level Sq Ft: 762

Exterior Features

  • Construction: 3 Sides Brick, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Water Heater: Electric (WTRHTR)

Garage/Parking

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

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2476

Condo/Co-op/Association

  • Amenities: BBQ Area, Fishing, Private Lake
  • Association Fee: Yes
  • Association Fee: 250
  • Association Fee Per: Yearly
  • HOA Management Company: McKay Management
  • Hoa Phone: 205-913-7334

Lot Info

  • Assessor Parcel Number: 23-2-09-0-009-030.000
  • Number Acres: 0.23

Tax Info

  • Tax District: ALABASTER
  • Annual Tax: 1468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 30, 2019
Sold by
Loomis Wendy and Loomis Ryan
Bought by
Brown John E and Oquin Heather
Seller's Agent
Chase Smith
Keller Williams
Buyer's Agent
Sybil Owens
Romano Properties LLC
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$409,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,221
Avg. Annual Appreciation
6.86%
Original Mortgage
$265,010
Outstanding Balance
$235,789
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$173,332

Purchase Details

Closed on
Apr 26, 2013
Sold by
Sams Enterprises Inc
Bought by
Waid Wendy

Purchase Details

Closed on
Feb 10, 2010
Sold by
Arlington Homes Of Alabama Inc
Bought by
Sams Enterprises Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brown John E $269,900 None Available
Waid Wendy $200,000 None Available
Sams Enterprises Inc $189,525 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown John E $265,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $269,900 0.0% $109 / Sq Ft
06/19/2019 06/19/19 Price Changed $269,900 -3.6% $109 / Sq Ft
04/25/2019 04/25/19 Price Changed $279,900 +3.7% $113 / Sq Ft
04/25/2019 04/25/19 Price Changed $269,900 -3.6% $109 / Sq Ft
04/17/2019 04/17/19 For Sale $279,900 -- $113 / 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 $2,047 $37,900 $0 $0
2023 $1,877 $35,520 $0 $0
2022 $1,735 $32,880 $0 $0
2021 $1,554 $29,540 $0 $0
2020 $1,515 $0 $0 $0
2019 $1,481 $28,180 $0 $0
2017 $1,417 $27,000 $0 $0
2015 $1,363 $26,000 $0 $0
2014 $1,283 $24,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chase Smith

    Seller's Agent in 2019

    Chase Smith

    Keller Williams

    (205) 500-1784

    4 in this area

    147 Total Sales

    Chase Smith
    Section Image
  • Sybil Owens

    Buyer's Agent in 2019

    Sybil Owens

    Romano Properties LLC

    (205) 960-0871

    4 in this area

    18 Total Sales

    Sybil Owens
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 847009

Greater Alabama MLS

APN: 23-2-09-0-009-030-000

Alabama Shelby County Alabaster 35114

408 Red Bay Cove, Alabaster, AL

Not Listed for Sale

Detached

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.

Nearby Homes