NOT LISTED FOR SALE

501 Shelby Farms Way Alabaster, AL 35007

Estimated Value: $408,000 - $444,000

5 Beds
4 Baths
2,704 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $261,595 $97 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,506/month

Highlights

  • Wind Turbine Power
  • Sitting Area In Primary Bedroom
  • Pond
  • Thompson Intermediate School Rated A-
  • Mountain View
  • Attic

About This Home

As of December 2017

Pending: But we will build another The Carolina 5 plan. Two bedrooms and two full baths all on one level. Note: Pictures are a replica of what the home will look like once completed... The Carolina Open & Spacious "5" bedroom "4" bath Loft Craftsman style home. LVP flooring throughout main living area on first floor. Gourmet custom kitchen w/ island, walk-in pantry & oversized bar overlooking large Greatroom & large Dining room area. Master bedroom has two walk-in closets, walk-in Shower, Soaking Tub, Private Water Closet, Double vanities. Other ground level bedroom shares full bath with the main living area. Three (3) more bedrooms up stairs with walk-in closets featuring largest bedroom has private bath suite, other 2 bedrooms share Jack and Jill bathroom. Covered rear Patio, Automated irrigation system with timer on all 4 sides of yard. Laundry room on the main level is adjacent to master bedroom.

Last Agent to Sell the Property

Virgil Lugar

Newcastle Homes, Inc. Listed on: 08/21/2017

Last Buyer's Agent

Kathy Dailey

RE/MAX First Choice License #000035934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346

Year Built

  • 2017

Lot Details

  • 10,454

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Proposed Property
  • Brick Exterior Construction
  • Slab Foundation
  • Ridge Vents on the Roof
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Doors
  • Great Room with Fireplace
  • Loft
  • Mountain Views
  • Attic

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Split Vanities
  • Garden Bath
  • Separate Shower

Laundry

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

Eco-Friendly Details

  • Wind Turbine Power

Outdoor Features

  • Pond
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • SEER Rated 13-15 Air Conditioning Units
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Community Details

  • $15 Other Monthly Fees
  • Newcastle Construction Association, Phone Number (205) 326-7406

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 23-7-26-0-014-067.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$346

Year Built

2017

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2704
  • Legal Description: SHELBY FARMS SUBDIVISION LOT 67
  • House Plan: Carolina
  • Intermed: THOMPSON
  • List Price per Sq Ft: 95.73
  • Loft: Yes
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Wayne's
  • Termite Contract: Yes
  • Year Built Description: Proposed Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Ventless
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Separate Vanities, Sitting Area in Master, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Concatenated Rooms: |MasterBR1|MasterBath1|GreatRoom1|Kitchen1|Bedroom1|Bedroom1|FullBath1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|Bedroom2|Loft2|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Great Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bedroom, On Level: 2
  • Room 14: Loft, On Level: 2
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Loft (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Convection Oven, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 1636
  • Upper Level Sq Ft: 1068

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Brick Over Foundation, Siding-Hardiplank
  • Date Construction Starts: 08/16/2017
  • Exterior Features: Porch
  • Foundation: Slab
  • Patio Type: Covered - (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Driveway Parking, Parking (MLVL), Off Street Parking

Utilities

  • Heating: Forced Air, Gas Heat, Piggyback Sys (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL), Piggyback Sys (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2704

Condo/Co-op/Association

  • Amenities: Pond, Street Lights
  • Association Fee: Yes
  • Association Fee: 125
  • Association Fee Per: Yearly
  • HOA Management Company: Newcastle Construction
  • Hoa Phone: 205.326.7406

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Yes
  • Garbage Fee Amount: 15
  • Garbage Fee Per: Monthly
  • Library Fee: Included

Schools

  • Elementary School: MEADOW VIEW
  • Middle School: THOMPSON
  • High School: THOMPSON

Lot Info

  • Assessor Parcel Number: 23-7-26-0-014-067.000
  • Lot Number: 67
  • Lot View: Yes
  • Lot View Type: Mountain View

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Star Windows, Insulated Door, Programmable Thermostat, Ridge Vent, SEER 15+, Turbines

Tax Info

  • Tax District: ALABASTER
  • Annual Tax: 346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
Newcastj E Constuction Inc
Bought by
Robertson Jared Wayne and Robertson Elizabeth Ashley
Current Estimated Value
$426,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,515
Outstanding Balance
$215,802
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$196,876
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robertson Jared Wayne $261,595 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Jared Wayne $248,515
Previous Owner Mewcastle Cunstruction Inc $184,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $261,595 +1.1% $97 / Sq Ft
10/12/2017 10/12/17 Price Changed $258,845 +3.9% $96 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $249,200 -- $92 / 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 $2,280 $42,220 $0 $0
2023 $2,066 $39,020 $0 $0
2022 $1,793 $33,960 $0 $0
2021 $1,662 $31,540 $0 $0
2020 $1,590 $30,200 $0 $0
2019 $1,537 $29,220 $0 $0
2017 $346 $6,400 $0 $0
2015 $346 $6,400 $0 $0
2014 $230 $4,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Virgil Lugar

    Seller's Agent in 2017

    Virgil Lugar

    Newcastle Homes, Inc.

    (205) 566-3441

    15 in this area

    91 Total Sales

    Virgil Lugar
    Section Image

  • K

    Buyer's Agent in 2017

    Kathy Dailey

    RE/MAX

    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 793541

Greater Alabama MLS

APN: 23-7-26-0-014-067-000

Alabama Shelby County Alabaster 35007

501 Shelby Farms Way, Alabaster, AL

This home is located at 501 Shelby Farms Way, Alabaster, AL 35007 since 21 August 2017 and is currently estimated at $423,938, approximately $156 per square foot. This property was built in 2017. 501 Shelby Farms Way is a home located in Shelby County with nearby schools including Thompson Intermediate School, Thompson Middle School, and Thompson 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.

Nearby Homes