NOT LISTED FOR SALE

425 Forest Lakes Dr Sterrett, AL 35147

Estimated Value: $331,312 - $349,000

4 Beds
2.5 Baths
2,003 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $256,000 $128 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,973/month

Highlights

  • Outdoor Fireplace
  • Cathedral Ceiling
  • Home Office
  • Chelsea Park Elementary School Rated A-
  • Attic
  • Fenced Yard

About This Home

As of March 2021

Welcome to the beautiful Forest Lakes subdivision. This wonderful home features 4 Bedrooms, 2.5 BA in Chelsea school system! Hardwood floors throughout the main level. The kitchen has plenty of cabinets and a breakfast area. Large backyard with fencing. Formal dining room offers plenty of space to entertain. Main Level office/study located on the main level is a plus. Master bedroom features vaulted ceilings, huge bathroom & walk-in closet! Home features added walk in attic space in master closet. Very nice neighborhood where your neighbors walk and get to know each other like the good old days! Private lake and walking trails for family enjoyment year round. Professional pictures uploaded 2/18/2021

Last Agent to Sell the Property

Hope Rhoades

Keller Williams Trussville Listed on: 02/17/2021

Keller Williams Trussville

Co-Listed By

Laurie O'Hern

Real Broker LLC

Last Buyer's Agent

Hope Rhoades

Keller Williams Trussville Listed on: 02/17/2021

Keller Williams Trussville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Laminate Flooring
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Garden Bath
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • Mt Laurel Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

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

Community Details

  • Association fees include management fee
  • Forest Lakes HOA

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1276601?w=PubMLS
  • Living Area: 2003
  • Legal Description: FOREST LAKES SEC 3 PH 2 LOT 176
  • List Price per Sq Ft: 127.81
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Cooks
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2004
  • Price Per Sq Ft: 127.81
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood Laminate
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|HalfBath1|MasterBR2|MasterBath2|Bedroom2|Bedroom2|Bedroom2|Laundry2|FullBath2|Office1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 2
  • Room 6: Master Bath, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Laundry, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Office/Study, On Level: 1
  • Rooms Level 1: Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Office/Study (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Laundry (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (UPLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 922
  • Upper Level Sq Ft: 1081

Exterior Features

  • Patio: Yes
  • Construction: 3 Sides Brick
  • Exterior Features: Fenced Yard, Fireplace
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • 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: 2003

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly
  • HOA Management Company: Forest Lakes HOA
  • Hoa Phone: 000-000-0000

Fee Information

  • Fees Include: Management Fee

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-22-0-007-023.000
  • Number Acres: 0.24

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 821

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 26, 2021
Sold by
Whiten Jonathan A and Whiten Amy
Bought by
Sengdara Steven P
Seller's Agent
Hope Rhoades
Keller Williams Trussville
Buyer's Agent
Hope Rhoades
Keller Williams Trussville
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$337,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,828
Avg. Annual Appreciation
6.60%
Original Mortgage
$251,363
Outstanding Balance
$228,722
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$110,387

Purchase Details

Closed on
Feb 1, 2019
Sold by
Whiten Jonathan A and Whiten Lisa M
Bought by
Whiten Jonathan A

Purchase Details

Listed on
Jul 26, 2017
Closed on
Oct 26, 2017
Sold by
Timothy C Madden
Bought by
Whiten Jonathan and Whiten Lisa
Seller's Agent
Vicki Lugar
ARC Realty - Hoover
Buyer's Agent
Nancy Brown
RealtySouth-Inverness Office
List Price
$204,000
Sold Price
$199,000
Premium/Discount to List
-$5,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$134,900
Interest Rate
3.94%

Purchase Details

Closed on
Dec 15, 2004
Sold by
American Homes & Land Corp
Bought by
Madden Timothy C and Madden Tammy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,760
Interest Rate
5.63%
Mortgage Type
Unknown
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
Sengdara Steven P $256,000 None Available
Whiten Jonathan A -- Servicelink
Whiten Jonathan $199,000 --
Madden Timothy C $172,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sengdara Steven P $251,363
Previous Owner Whiten Jonathan $134,900
Previous Owner Whiten Jonathan --
Previous Owner Madden Tammy G $147,750
Previous Owner Madden Timothy C $137,760
Closed Madden Timothy C $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $256,000 0.0% $128 / Sq Ft
03/02/2021 03/02/21 Price Changed $256,000 +2.4% $128 / Sq Ft
02/17/2021 02/17/21 For Sale $249,900 +25.6% $125 / Sq Ft
10/25/2017 10/25/17 Sold $199,000 -2.5% $99 / Sq Ft
07/26/2017 07/26/17 For Sale $204,000 -- $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 $1,412 $32,080 $0 $0
2023 $1,363 $31,900 $0 $0
2022 $1,194 $28,060 $0 $0
2021 $1,005 $23,780 $0 $0
2020 $906 $21,520 $0 $0
2019 $0 $21,420 $0 $0
2017 $847 $20,180 $0 $0
2015 $796 $19,020 $0 $0
2014 $757 $18,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1276601

Greater Alabama MLS

APN: 09-5-22-0-007-023-000