NOT LISTED FOR SALE

43 Cottage Ln Lincoln, AL 35096

Estimated Value: $241,000 - $274,000

3 Beds
2 Baths
1,623 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $175,000 $108 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,510/month

245 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Bonus Room
  • Double Shower
  • Attic
  • Solid Surface Countertops

About This Home

As of March 2020

You do not want to miss this beautiful home in the perfect location. It is just minutes from the interstate and Honda! This home is four-sided brick and is one of the largest in the subdivision. It has a privacy fence around the beautiful back yard. The large family room has a gorgeous fireplace and is a great place for entertaining. You will have plenty of space in the master suite, that includes a huge walk-in shower and closet. Not to mention the bonus room for your man-cave, office, or even for an extra bedroom. This home has all of the space that you need and it’s priced to sell!!! Call today for a showing!

Last Agent to Sell the Property

Kimberly Cheatwood

ERA King Real Estate - Pell City License #111338 Listed on: 06/13/2019

ERA King Real Estate - Pell City

Last Buyer's Agent

Jasmine Swain

Sold South Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 2007

Lot Details

  • 10,062

Parking

  • 2 Car Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room
  • Lake Views
  • Attic

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Double Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-01-12-0-000-002.016

Home Details

Home Type

Single Family

Est. Annual Taxes

$958

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Living Area: 1623
  • Legal Description: 54' X 178.73' IRR LOT 4 LAKESIDE COTTAGES PB 7 PG 46 S12 T17S R4E
  • List Price per Sq Ft: 109.61
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2007
  • Price Per Sq Ft: 107.83
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Double Shower, Linen Closet, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|Bedroom1|Bedroom1|MasterBath1|FullBath1|Bonus1|BrkfastRM1|Den1|Kitchen1|Laundry1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Bonus, On Level: 1
  • Room 7: Breakfast Room, On Level: 1
  • Room 8: Den/Family, On Level: 1
  • Room 9: Kitchen, On Level: 1
  • Room 10: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Bonus (LVL 1), Breakfast Room (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Convection Oven, Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 1491
  • Upper Level Sq Ft: 132

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Storage Building
  • Foundation: Slab
  • Patio Type: Covered - (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, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1623

Condo/Co-op/Association

  • Amenities: Sidewalks

Schools

  • Elementary School: LINCOLN
  • Middle School: DREW, CHARLES R
  • High School: LINCOLN

Lot Info

  • Assessor Parcel Number: 09-01-12-0-000-002.016
  • Lot Description: Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Mar 24, 2020
Sold by
Mack Chism
Bought by
Stephens Walter H
Seller's Agent
Kimberly Cheatwood
ERA King Real Estate - Pell City
Buyer's Agent
Jasmine Swain
Sold South Realty
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$262,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,917
Avg. Annual Appreciation
6.40%
Original Mortgage
$176,767
Outstanding Balance
$158,281
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$86,959

Purchase Details

Closed on
Aug 25, 2011
Sold by
Chism Herman G and Chism Nan M
Bought by
Chism Herman G and Tamblyn Glenda C
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
Stephens Walter H $175,000 Stewart & Associates Pc
Chism Herman G $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Walter H $176,767
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $175,000 -1.6% $108 / Sq Ft
08/30/2019 08/30/19 Price Changed $177,900 -2.7% $110 / Sq Ft
06/24/2019 06/24/19 Price Changed $182,900 +4.6% $113 / Sq Ft
06/13/2019 06/13/19 For Sale $174,900 -- $108 / 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 $958 $25,710 $3,270 $22,440
2023 $958 $21,970 $3,270 $18,700
2022 $630 $17,300 $2,040 $15,260
2021 $630 $17,300 $2,040 $15,260
2020 $583 $16,320 $0 $0
2019 $1,365 $35,000 $0 $0
2018 $0 $15,260 $0 $0
2017 $0 $15,260 $0 $0
2016 $0 $15,260 $0 $0
2015 -- $15,260 $0 $0
2014 -- $15,240 $0 $0
2013 -- $15,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 850908

Greater Alabama MLS

APN: 09-01-12-0-000-002.016