NOT LISTED FOR SALE

Estimated Value: $585,000 - $764,000

5 Beds
4 Baths
3,108 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $417,000 $134 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,760/month

Highlights

  • Boathouse
  • 211 Feet of Waterfront
  • Community Boat Launch
  • Shelby Elementary School Rated A-
  • Private Dock
  • Fishing

About This Home

As of December 2015

Rare opportunity on Lay Lake. 1+/-Ac flat lot on year round water! Main house features 5 BR and 4 full Baths. LR w/ 2 story word burning FP, French doors to deck and built-ins. Kitchen features granite, stainless steel appliances and overflow pantry. The GR/DR off the kitchen features a wet bar, gas log FP and vaulted ceilings. New windows and glass sliding door leads to the deck. Main level MBR has walk in closet + 2 additional closets, MB with granite double vanities + laundry closet. 3 BRs and 2 full baths upstairs. One of those BR is a suite complete w/ built-in beds for the kids. A detached BR with built-in bunks, separate heat/air, water tank, walk-in closet and bath is a step away from main house. A lg boat house with lift is on the water. Above the boathouse is a 783 sq ft furnished apartment w/ kitchen, BR/LR area, bath & laundry. Rent or use for overflow company. There are 2 piers, launch, Firepit, fenced yard, decks with room for garden! VIEWS!! LAKE PERFECT

Last Agent to Sell the Property

Janet Hamm

ARC Realty Alabama Listed on: 09/30/2015

ARC Realty Alabama

Co-Listed By

Holly Moody

EXP Realty LLC

Last Buyer's Agent

Jeff Davis

ARC Realty - Hoover

ARC Realty - Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,095

Year Built

  • 1978

Lot Details

  • 211 Feet of Waterfront
  • Fenced Yard
  • Few Trees

Parking

  • Driveway

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Lake Views
  • Crawl Space
  • Home Security System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • Boathouse
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Multiple cooling system units
  • Central Heating
  • Heat Pump System
  • Multiple Water Heaters
  • Electric Water Heater
  • Septic Tank

Community Details

  • Community Boat Launch
  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 31-3-07-0-002-060.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,095

Year Built

1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Living Area: 3108
  • Legal Description: Shelby Shores 1974 Addition Phase 2 Lot 18
  • List Price per Sq Ft: 144.79
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Rogers
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Amenities: French Doors, Recess Lighting, Security System, Wet Bar
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Great Room (FIREPL), Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Concatenated Rooms: |Living1|GreatRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|DiningRoom1|
  • Room 1: Living, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Dining Room, On Level: 1
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Kitchen (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: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Self-Cleaning, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 2210
  • Upper Level Sq Ft: 898

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAY LAKE
  • Construction: Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Balcony, Boat House Private, Dock Private, Fenced Yard, Grill, Storage Building
  • Foundation: Crawl Space
  • Patio Type: Open (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 211
  • Water Heater: 2+ Water Heaters, Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: 3+ Systems (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boat Launch, Fishing

Schools

  • Elementary School: SHELBY
  • Middle School: COLUMBIANA
  • High School: SHELBY COUNTY

Lot Info

  • Assessor Parcel Number: 31-3-07-0-002-060.000
  • Lot Description: Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 9, 2014
Sold by
Fannie Mae
Bought by
Moody Timothy
Seller's Agent
Greg Atkinson
Atkinson Real Estate, LLC
Buyer's Agent
Holly Moody
EXP Realty LLC
List Price
$262,000
Sold Price
$263,000
Premium/Discount to List
$1,000
0.38%
Current Estimated Value
$676,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,041
Avg. Annual Appreciation
7.99%
Original Mortgage
$258,236
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2013
Sold by
Cesnick Gerald T and Cesnick Nancy C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2008
Sold by
Moody Jack and Moody Peggy
Bought by
Cesnick Gerald T and Cesnick Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
6.08%
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
Moody Timothy $263,000 None Available
Federal National Mortgage Association -- None Available
Cesnick Gerald T $248,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Timothy $258,236
Previous Owner Cesnick Gerald T $198,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $417,000 -7.3% $134 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $450,000 +71.1% $145 / Sq Ft
01/10/2014 01/10/14 Sold $263,000 +0.4% $88 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $262,000 -- $88 / 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 $2,095 $47,620 $0 $0
2023 $1,978 $44,960 $0 $0
2022 $1,748 $39,720 $0 $0
2021 $1,451 $32,980 $0 $0
2020 $1,308 $29,720 $0 $0
2019 $1,285 $29,200 $0 $0
2017 $1,302 $29,600 $0 $0
2015 $1,260 $28,640 $0 $0
2014 $1,238 $28,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 730594

Greater Alabama MLS

APN: 31-3-07-0-002-060-000