NOT LISTED FOR SALE

Estimated Value: $503,000 - $577,000

4 Beds
5 Baths
2,778 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $495,000 $178 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,263/month

138 Days on Market

Highlights

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

About This Home

As of October 2022

TWO HOUSES available on Lay Lake with deep waterfront and over an acre lot! This is priced to sell quickly & you won't believe all of the updates and amazing features. This home was built for entertaining many with very special features. Three of the bedrooms are master bedrooms with master baths & sitting areas. The main level is completely handicapped accessible. Living/dining/kitchen all open. Kitchen is a chef's' dream with high end appliances, large/tall island with extra sink. Cooktop is gas with a pot filler. The coffee pot even has its own waterline! Three open decks & one screened in deck with gas fireplace that is in kitchen & on the deck. There are so many extra features to this house that I've done a separate document to list it all! There is also a cabin that comes with the home. 2 car detached garage and multiple sheds. So many possibilities for this place!! Home/Cabin sold as is need some work & priced well to reflect that. Deep water & great spot on the lake. Rare find.

Last Listed By

Kim SCHERER

Keller Williams Metro South Listed on: 03/26/2022

Keller Williams Metro South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 2018

Lot Details

  • 1.12 Acre Lot
  • 930 Feet of Waterfront
  • Cul-De-Sac

Parking

  • Driveway

Home Design

  • Ridge Vents on the Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • See Through Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Bay Window
  • French Doors
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Screened Porch
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Compactor
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Cork

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • Double Shower
  • Linen Closet In Bathroom

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Water Access
  • Swimming Allowed
  • Boathouse
  • Private Dock
  • Covered Deck
  • Screened Deck
  • Fireplace in Patio

Schools

  • Shelby Elementary School
  • Columbiana Middle School
  • Shelby County High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • $13 Other Monthly Fees

Recreation

  • Community Boat Slip
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1315061?w=PubMLS
  • Living Area: 1395
  • Legal Description: ALA POWER CO RECREATIONAL COTTAGE SITE SECTOR 7 LOT 158
  • List Price per Sq Ft: 379.93
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2018
  • Price Per Sq Ft: 178.19
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Interior Amenities: Bay Window, French Doors, Handiman Special, Recess Lighting, Workshop (INT)
  • Fireplace Details: Gas Starter, See-Through, Stone (FIREPL)
  • Fireplace Location: Kitchen (FIREPL), Patio (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood Laminate, Cork
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Double Shower, Linen Closet, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|FullBath1|HalfBath1|Office1|MasterBRB|MasterBathB|FullBathB|FullBathB|BedroomB|DenB|Laundry1|Office1|HalfBathB|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Half Bath, On Level: 1
  • Room 6: Office/Study, On Level: 1
  • Room 7: Master Bedroom, On Level: B
  • Room 8: Master Bath, On Level: B
  • Room 9: Full Bath, On Level: B
  • Room 10: Full Bath, On Level: B
  • Room 11: Bedroom, On Level: B
  • Room 12: Den/Family, On Level: B
  • Room 13: Laundry, On Level: 1
  • Room 14: Office/Study, On Level: 1
  • Room 15: Half Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Half Bath (LVL BSMT), Master Bath (LVL BSMT), Master Bedroom (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living/Dining (LVL 1), Office/Study (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Compactor Built-In, Convection Oven, Cooktop-Gas, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven, Plumbed for Gas in Kit, Refrigerator, Some Stainless Appl
  • Kitchen Features: Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 1383
  • Main Level Sq Ft: 1395

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Concrete/Block, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Boat House Private, Dock Private, Storage Building, Workshop (EXTR), Porch Screened
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 930
  • Water Heater: 2+ Water Heaters, Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2778

Condo/Co-op/Association

  • Amenities: Fishing, River, Swimming Allowed, Boat Slip, Water Access

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 38
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 33-7-36-0-001-004.008
  • Lot Description: Cul-de-sac
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1.12

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Star Appliances, Energy Star Windows, LED Lighting, Ridge Vent

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 2516

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
Oct 13, 2022
Sold by
Belile Robert Cyril
Bought by
Belil Lulue Kerri Nicole
Seller's Agent
Kim SCHERER
Keller Williams Metro South
Buyer's Agent
Erica Howton
ARC Realty 280
List Price
$650,000
Sold Price
$495,000
Premium/Discount to List
-$155,000
-23.85%
Total Days on Market
138
Views
45
Current Estimated Value
$540,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,084
Avg. Annual Appreciation
3.46%
Original Mortgage
$374,000
Outstanding Balance
$355,342
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$184,742

Purchase Details

Closed on
Nov 30, 2011
Sold by
Belile Marjorie F
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 4, 1999
Sold by
Castleberry Sue G
Bought by
Belle Marjorie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.9%

Range of Values:

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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
Belil Lulue Kerri Nicole $495,000 --
Jpmorgan Chase Bank National Association $104,468 None Available
Belle Marjorie F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belil Lulue Kerri Nicole $374,000
Previous Owner Belile Marjorie F $168,000
Previous Owner Belle Marjorie F $66,400
Previous Owner Castleberry Dwight J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $495,000 -6.6% $178 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $530,000 -18.5% $191 / Sq Ft
07/23/2022 07/23/22 For Sale $650,000 +31.3% $234 / Sq Ft
04/22/2022 04/22/22 Off Market $495,000 -- --
03/26/2022 03/26/22 For Sale $650,000 -- $234 / 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 $3,228 $74,300 $0 $0
2023 $3,040 $69,100 $0 $0
2022 $2,809 $63,840 $0 $0
2021 $2,517 $57,200 $0 $0
2020 $0 $53,040 $0 $0
2019 $0 $21,500 $0 $0
2017 $0 $20,040 $0 $0
2015 -- $19,640 $0 $0
2014 -- $19,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1315061

Greater Alabama MLS

APN: 33-7-36-0-001-004-008