NOT LISTED FOR SALE

450 Jake Dr Sylacauga, AL 35151

Estimated Value: $597,000 - $835,000

4 Beds
5 Baths
1,633 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $535,000 $328 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,308/month

1 Day on Market

Highlights

  • Boathouse
  • Private Dock
  • Fishing
  • 1,000 Feet of Waterfront
  • Community Boat Launch
  • RV or Boat Parking

About This Home

As of September 2020

More Than 1,000 ft of Water Frontage wraps around a Perfectly Flat and Beautifully Manicured 2.5 Acre Lot On The Point in Lay Lake Estates. A Gated Entrance leads to this Incredible Property w/ so many places to Live and Entertain, Inside and Out, Year Round. Savor the Views of the Lake from Literally Everywhere On the Property. Capture the Feel of Fairhope from under the Canopy of Hardwoods Lake Side, Soak Up the Sun, Swim, or Fish from either of the 2 Docks. Lay Lake maintains the Same Water Depth Year Round, so when the forecast calls for a nice day in the late fall, or a hint of spring early in March, step out to Your Boathouse, lower your boat or jet ski in the lake, and go for a ride! With Plenty Of Room To Entertain, it's great to have a Guest Home. 1 Bedroom & 1 Bathroom w/ an Open Kitchen and Cathedral Ceiling Living Space plus a Private Deck w/ Beautiful Views. The Guest Home also has a Workshop Downstairs w/ RV Storage. This property is Exquisite. Just 1 hour from Bham.

Last Agent to Sell the Property

Robert Russom

Keller Williams Realty Vestavia Listed on: 08/14/2020

Keller Williams Realty Vestavia

Last Buyer's Agent

Robert Russom

Keller Williams Realty Vestavia Listed on: 08/14/2020

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1988

Lot Details

  • 2.5 Acre Lot
  • 1,000 Feet of Waterfront
  • Cul-De-Sac
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • RV or Boat Parking

Home Design

  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 1,633 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Lake Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed
  • Boathouse
  • Private Dock
  • Deck

Location

  • In Flood Plain

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 30-06-13-0-000-027.000

Community Details

Overview

  • $17 Other Monthly Fees

Recreation

  • Community Boat Launch
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1633
  • Legal Description: 60 X 425.09 IRR LOT 1 LAY LAKE SUB SECTOR 1 S13 T21S R1E
  • List Price per Sq Ft: 306.12
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1988
  • Price Per Sq Ft: 327.62
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Amenities: Recess Lighting
  • Floors: Hardwood, Tile Floor
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Concatenated Rooms: |MasterBR1|GreatRoom1|Living1|DiningRoom1|Kitchen1|Bedroom1|Bedroom1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Living, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Plumbed for Gas in Kit, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area, Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1633

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private, Dock Private, Fenced Yard, Guest Quarters, Storage Building, Workshop (EXTR)
  • Foundation: Crawl Space
  • Waterfront: Yes
  • Waterfront Frontage: 1000
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Carport Spaces: 4
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Boat Parking, Detached, Driveway Parking, Parking (MLVL)

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1633

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Fishing, Skiing Allowed, Swimming Allowed

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 50
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: FAYETTEVILLE
  • Middle School: FAYETTEVILLE
  • High School: FAYETTEVILLE

Lot Info

  • Assessor Parcel Number: 30-06-13-0-000-027.000
  • Flood Plain: Yes
  • Lot Description: Cul-de-sac, Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 2.5

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Ridge Vent, Storm Door

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 16, 2020
Sold by
Staggs Jon I and Staggs Catherine
Bought by
Koski Joseph C and Koski Suzanne
Seller's Agent
Robert Russom
Keller Williams Realty Vestavia
Buyer's Agent
Robert Russom
Keller Williams Realty Vestavia
List Price
$499,900
Sold Price
$535,000
Premium/Discount to List
$35,100
7.02%
Current Estimated Value
$720,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,080
Avg. Annual Appreciation
5.64%
Original Mortgage
$433,350
Outstanding Balance
$388,910
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$311,627
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
Koski Joseph C $535,000 Law Office Of John A Gant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koski Joseph C $433,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $535,000 +7.0% $328 / Sq Ft
08/14/2020 08/14/20 For Sale $499,900 +35.1% $306 / Sq Ft
06/26/2013 06/26/13 Sold $370,000 -1.2% $206 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $374,500 -- $208 / 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 $4,382 $69,320 $27,500 $41,820
2023 $4,382 $69,320 $27,500 $41,820
2022 $3,287 $60,380 $26,260 $34,120
2021 $3,624 $55,740 $25,000 $30,740
2020 $2,505 $73,680 $0 $0
2019 $1,969 $57,900 $0 $0
2018 $1,608 $47,280 $0 $0
2017 $1,608 $47,280 $0 $0
2016 $1,514 $44,520 $0 $0
2015 $1,514 $44,520 $0 $0
2014 $1,524 $44,820 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 892534

Greater Alabama MLS

APN: 30-06-13-0-000-027.000