NOT LISTED FOR SALE

501 Tangled Way Shelby, AL 35143

South Shelby Neighborhood

Estimated Value: $359,000 - $403,578

2 Beds
2.5 Baths
1,682 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $280,000 $166 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,266/month

19 Days on Market

Highlights

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

About This Home

As of December 2020

This beauty has 15 ft. water depth and a double occupancy boathouse with 2 lifts! and a flat top deck for outdoor entertaining! Plenty of privacy and has a circular driveway with ample parking. There's a gorgeous stack stone, wood burning fireplace, and an updated kitchen with SS appliances and Granite counter tops. A Den/Family room downstairs with a full bathroom can easily be converted to another bedroom. The Metal Roof and HVAC is under 4 yrs old. This home and property is great for a weekend vacation home or a permanent residence. Priced to sell quickly. This Lay Lake property is perfect for YOU!

Last Listed By

Brian Thomas

RE/MAX Advantage South Listed on: 10/15/2020

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1976

Lot Details

  • 0.43 Acre Lot
  • 155 Feet of Waterfront
  • Few Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Den
  • Lake Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • Detached Garage
  • 1 Carport Space
  • Circular Driveway

Outdoor Features

  • Swimming Allowed
  • Boathouse
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33-7-36-0-001-004.011

Community Details

Overview

  • $13 Other Monthly Fees

Recreation

  • RV or Boat Storage in Community
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1200
  • Legal Description: ALA POWER CO RECREATIONAL COTTAGE SITE SECTOR 7 LOT 161
  • List Price per Sq Ft: 262.5
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Wayne's Pest Control
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1976
  • Price Per Sq Ft: 166.47
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|FullBathB|HalfBath1|MasterBR2|Bedroom2|FullBath2|MasterBath2|DenB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Full Bath, On Level: B
  • Room 4: Half Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Master Bath, On Level: 2
  • Room 9: Den/Family, On Level: B
  • Basement Rooms: Den/Family (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Convection Oven, Dishwasher Built-In, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 482
  • Unfinished Basement Sq Ft: 206
  • Main Level Sq Ft: 688
  • Upper Level Sq Ft: 512

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private, Workshop (EXTR)
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 155
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Circular Drive, Detached, Driveway Parking

Utilities

  • Heating: Central (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1682

Condo/Co-op/Association

  • Amenities: Boat Storage Facility, Boats-Motorized Allowed, Fishing, River, Swimming Allowed

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: 33-7-36-0-001-004.011
  • Lot Description: Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.43

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
Oct 15, 2020
Closed on
Nov 24, 2020
Sold by
Hayes Aprille R and Lowe Diane L
Bought by
Anderson Johnnie Carol
Seller's Agent
Brian Thomas
RE/MAX Advantage South
Buyer's Agent
Brian Thomas
RE/MAX Advantage South
List Price
$319,000
Sold Price
$280,000
Premium/Discount to List
-$39,000
-12.23%
Total Days on Market
19
Current Estimated Value
$386,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,395
Avg. Annual Appreciation
9.54%
Original Mortgage
$150,000
Outstanding Balance
$135,593
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$284,069

Purchase Details

Closed on
Oct 18, 1999
Sold by
Fletcher Jerry Ray and Fletcher Beth Moore
Bought by
Hayes Aprille R and Cooper Freda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%

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

Similar Homes in the area

  • 11636 Highway 47, Shelby, AL 35143

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,230 Sq Ft
    • 11636 Highway 47
    • Shelby, AL

    Rare opportunity to own this FULLY FURNISHED Waterfront Retreat in Waxahatchee Creek on Lay Lake. Home is currently being used as a vacation rental with 5 Star reviews. Opportunity to become a SUPER HOST and enjoy additional income or make your own memories with family and friends. You have the option to continue with the current vacation rental agency ensuring a smooth transition. As you

    Lea Corley Keller Williams Metro South

    Section Image
  • 204 L And m Trace, Shelby, AL 35143

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,246 Sq Ft
    • 204 L And m Trace
    • Shelby, AL

    WOW! Charming 3 bdrm/2 bath waterfront home with beautiful views of the lake. Home has had some recent updates throughout. Pretty living room with fireplace. Kitchen is spacious also. All bedrooms are nice sized. Sunroom is pretty with great views of the lake or enjoy relaxing on the deck. 2 covered boat slips with lifts. One is enclosed with large storage area. If you love the lake life and like

    Mary Dunnaway Down South Realty Inc

    Section Image
  • 156 Wallace Dr, Shelby, AL 35143

    $374,900

    • 2 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 156 Wallace Dr
    • Shelby, AL

    Welcome to 156 Wallace Drive, this charming lake house is situated in the highly sought-after neighborhood of Shelby Shores. This residence features 2 bedrooms and 2 baths. The property spans nearly an acre of land, offering a serene atmosphere. The wraparound porch provides picturesque setting to enjoy the lake views. With some updates, this house can be transformed into your ideal weekend or

    Angie Scarbrough RealtySouth - Chilton II

    Section Image
  • 1800 Highway 77, Columbiana, AL 35051

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • 1800 Highway 77
    • Columbiana, AL

    If you are looking for a rural, serene retreat away from it all, look no further. This beautiful, open concept home has a split bedroom floor plan with a large bonus den. You can sit on the large back deck and enjoy your favorite beverage while listening to Little Beeswax Creek flow. There's enough room her for all your favorite ATV toys. Bring your horses, chickens and live off the land.

    Jamie Fallin RealtySouth-Inverness Office

    Section Image
See All Homes in Shelby

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
Anderson Johnnie Carol $280,000 None Available
Hayes Aprille R $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Johnnie Carol $35,000
Open Anderson Johnnie Carol $150,000
Previous Owner Hayes Aprille R $222,400
Previous Owner Hayes Aprille R $32,000
Previous Owner Hayes Aprille R $167,000
Previous Owner Hayes Aprille R $100,000
Previous Owner Fletcher Jerry Ray $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $280,000 -11.1% $166 / Sq Ft
10/30/2020 10/30/20 Price Changed $315,000 -1.3% $187 / Sq Ft
10/15/2020 10/15/20 For Sale $319,000 -- $190 / 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 $1,482 $34,620 $0 $0
2023 $1,402 $32,800 $0 $0
2022 $1,375 $31,240 $0 $0
2021 $0 $26,120 $0 $0
2020 $0 $23,460 $0 $0
2019 $0 $22,840 $0 $0
2017 $0 $22,080 $0 $0
2015 -- $22,340 $0 $0
2014 -- $21,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Thomas

    Seller's Agent in 2020

    Brian Thomas

    RE/MAX

    (205) 369-2278

    61 in this area

    258 Total Sales

    Brian Thomas
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 898606

Greater Alabama MLS

APN: 33-7-36-0-001-004-011

Alabama Shelby County Shelby 35143 South Shelby

501 Tangled Way, Shelby, AL

Homes for Sale in Shelby, AL

This home is located at 501 Tangled Way, Shelby, AL 35143 since 15 October 2020 and is currently estimated at $386,395, approximately $229 per square foot. This property was built in 1976. 501 Tangled Way 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.

Nearby Homes