NOT LISTED FOR SALE

50 Circle 1 Shelby, AL 35143

South Shelby Neighborhood

Estimated Value: $512,000 - $597,883

4 Beds
3 Baths
2,652 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $392,500 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,203/month

26 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fishing
  • RV or Boat Storage in Community
  • Shelby Elementary School Rated A-
  • RV or Boat Parking
  • Lake View

About This Home

As of March 2020

Very nice Lake home on beautiful Lay Lake in Shelby, Alabama! Covered Decks with water access, work room and storage in basement that has been fully finished. Detached garage and workshop. Boat storage and carport allows plenty of parking! Well maintained and kept with hardwoods throughout and remodeled kitchen with eating area. As a bonus there is a large hot tub on one of the screened decks! This is a beauty and has great view and plenty of room! Forever on the water? This is it!

Last Agent to Sell the Property

Brian Thomas

RE/MAX Advantage South Listed on: 01/13/2020

RE/MAX Advantage South

Last Buyer's Agent

Susan Wiggonton

Keller Williams Metro South

Keller Williams Metro South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1975

Lot Details

  • 2,483 Sq Ft Lot
  • 100 Feet of Waterfront

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Home Office
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

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

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Basement Garage
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Water Access
  • Covered Deck
  • Screened Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31-3-07-0-001-017.000

Community Details

Overview

  • $13 Other Monthly Fees

Recreation

  • RV or Boat Storage in Community
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1326
  • Legal Description: Shelby Shores 1st Addition 1st Sector Lot 18
  • List Price per Sq Ft: 300.15
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1975
  • Price Per Sq Ft: 148
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Interior Amenities: Wet Bar, Workshop (INT)
  • Fireplace Details: Brick (FIREPL), Masonry
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Laundry1|DenB|FullBathB|Bedroom1|OfficeB|BedroomB|FullBathB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Den/Family, On Level: B
  • Room 7: Full Bath, On Level: B
  • Room 8: Bedroom, On Level: 1
  • Room 9: Office/Study, On Level: B
  • Room 10: Bedroom, On Level: B
  • Room 11: Full Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Office/Study (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 1326
  • Main Level Sq Ft: 1326

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Covered (DECK), Screened (DECK)
  • Exterior Features: Storage Building, Workshop (EXTR), Porch, Porch Screened
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Boat Parking, Detached, Driveway Parking, Lower Level, Off Street Parking, RV Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2652

Condo/Co-op/Association

  • Amenities: Boat Storage Facility, Boats-Motorized Allowed, Fishing, Water Access

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 40
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 31-3-07-0-001-017.000
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.057

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 10, 2020
Sold by
Jones Billy R
Bought by
Blankenship Pamela Ann
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Susan Wiggonton
Keller Williams Metro South
List Price
$415,000
Sold Price
$392,500
Premium/Discount to List
-$22,500
-5.42%
Current Estimated Value
$555,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,449
Avg. Annual Appreciation
6.62%
Original Mortgage
$333,625
Outstanding Balance
$298,627
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$256,876

Purchase Details

Closed on
Apr 13, 2012
Sold by
Magnusson Stanley R
Bought by
Jones Billy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2012
Sold by
Moore Vicky Ann Hankins
Bought by
Magnusson Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 2012
Sold by
Moore Rennic W
Bought by
Moore Vicky Ann Hankins
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
Blankenship Pamela Ann $392,500 None Available
Jones Billy R $231,000 None Available
Magnusson Stanley $66,028 None Available
Moore Vicky Ann Hankins $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Pamela Ann $333,625
Closed Jones Billy R $250,000
Previous Owner Magnusson Stanley R $61,830
Previous Owner Magnusson Stanley $180,000
Previous Owner Magnusson Stanley $127,400
Previous Owner Moore Rennic $148,000
Previous Owner Moore Rennic W $80,000
Previous Owner Moore Rennic W $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $392,500 -1.4% $148 / Sq Ft
01/28/2020 01/28/20 Price Changed $398,000 -4.1% $150 / Sq Ft
01/13/2020 01/13/20 For Sale $415,000 -- $156 / 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 $1,910 $43,400 $0 $0
2023 $1,785 $41,500 $0 $0
2022 $1,960 $45,480 $0 $0
2021 $1,744 $40,560 $0 $0
2020 $1,024 $27,700 $0 $0
2019 $1,004 $27,180 $0 $0
2017 $923 $25,000 $0 $0
2015 $1,033 $23,480 $0 $0
2014 $975 $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Thomas

    Seller's Agent in 2020

    Brian Thomas

    RE/MAX

    (205) 369-2278

    55 in this area

    256 Total Sales

    Section Image
  • Susan Wiggonton

    Buyer's Agent in 2020

    Susan Wiggonton

    Keller Williams Metro South

    (205) 837-4228

    3 in this area

    104 Total Sales

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Map

Source: Greater Alabama MLS

MLS Number: 871478

Greater Alabama MLS

APN: 31-3-07-0-001-017-000

Alabama Shelby County Shelby 35143 South Shelby

50 Circle 1, Shelby, AL

This home is located at 50 Circle 1, Shelby, AL 35143 since 13 January 2020 and is currently estimated at $551,221, approximately $207 per square foot. This property was built in 1975. 50 Circle 1 is a home located in Shelby County with nearby schools including Shelby Elementary School, Columbiana Middle School, and Shelby County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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