NOT LISTED FOR SALE

505 Shelby Farms Way Alabaster, AL 35007

Estimated Value: $347,000 - $350,082

3 Beds
2.5 Baths
1,908 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $269,900 $141 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,056/month

9 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Bonus Room
  • Thompson Intermediate School Rated A-
  • Attic
  • Den

About This Home

As of March 2021

Still looks like new! Great three bedroom two and a half bath home on two levels. Kitchen has an island with dining area directly off the kitchen's island& a pantry that opens into the family room. Dining area is conveniently located near the backdoor and has nice sized window view of the backyard. Covered back porch area with a fenced backyard. Master bedroom suite is on the main level with a half bath. Open living area gas logged fireplace, 9ft high ceilings Remaining two bedrooms upstairs with spacious loft/media/study area( 2nd den).

Last Agent to Sell the Property

Vicki Lugar

ARC Realty - Hoover Listed on: 02/25/2021

ARC Realty - Hoover

Last Buyer's Agent

Vicki Lugar

ARC Realty - Hoover Listed on: 02/25/2021

ARC Realty - Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 2019

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Family Room with Fireplace
  • Den
  • Bonus Room
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Covered patio or porch

Schools

  • Meadow View Elementary School
  • Thompson Middle School
  • Thompson High School

Utilities

  • Central Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Association fees include common grounds mntc
  • $25 Other Monthly Fees
  • Newcastle Association, Phone Number (205) 426-2307

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,664

Year Built

Built in 2019

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1276828?w=PubMLS
  • Living Area: 1908
  • Legal Description: Block: Lot: 66 SHELBY FARMS SUBDIVISION A
  • Intermed: THOMPSON
  • List Price per Sq Ft: 141.46
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Envirocare
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2019
  • Price Per Sq Ft: 141.46
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Ventless
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Den1|Kitchen1|MasterBR1|MasterBath1|Bedroom2|Bedroom2|FullBath2|HalfBath1|Bedroom2|Bonus2|
  • Room 1: Den/Family, 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: Bedroom, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Half Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bonus, On Level: 2
  • Rooms Level 1: Den/Family (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning
  • Kitchen Features: 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: 1275
  • Upper Level Sq Ft: 633

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Hardiplank
  • Exterior Features: Fenced Yard, 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, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Gas Heat, Piggyback Sys (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1908

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights
  • Association Fee: Yes
  • Association Fee: 150
  • Association Fee Per: Yearly
  • HOA Management Company: Newcastle
  • Hoa Phone: 205 426-2307

Fee Information

  • Fees Include: Common Grounds Mntc
  • Garbage Fee: Yes
  • Garbage Fee Amount: 25
  • Garbage Fee Per: Monthly

Schools

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

Lot Info

  • Assessor Parcel Number: 23-7-26-0-014-066.000
  • Lot Description: Cul-de-sac, Subdivision
  • Number Acres: 0.21

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Insulated Door, Programmable Thermostat, Ridge Vent

Tax Info

  • Tax District: ALABASTER
  • Annual Tax: 2664

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 31, 2021
Sold by
Stroh James Carl and Stroh Kerri Muglach
Bought by
Stevens Patrick Bostene and Reese Suzanne Elizabeth
Seller's Agent
Vicki Lugar
ARC Realty - Hoover
Buyer's Agent
Vicki Lugar
ARC Realty - Hoover
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$341,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,624
Avg. Annual Appreciation
5.46%
Original Mortgage
$261,803
Outstanding Balance
$238,573
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,669

Purchase Details

Listed on
Apr 3, 2019
Closed on
Oct 31, 2019
Sold by
Newcastle Construction Inc
Bought by
Stroh James Carl and Stroh Kerri Muglach
Seller's Agent
Virgil Lugar
Newcastle Homes, Inc.
Buyer's Agent
Vicki Lugar
ARC Realty - Hoover
List Price
$237,900
Sold Price
$248,500
Premium/Discount to List
$10,600
4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$243,998
Interest Rate
3.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Stevens Patrick Bostene $269,900 None Available
Stroh James Carl $248,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Patrick Bostene $40,000
Open Stevens Patrick Bostene $261,803
Previous Owner Stroh James Carl $243,998
Previous Owner Newcastle Construction Inc $157,753
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $269,900 0.0% $141 / Sq Ft
02/25/2021 02/25/21 For Sale $269,900 +8.6% $141 / Sq Ft
10/31/2019 10/31/19 Sold $248,500 +4.5% $130 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $237,900 -- $125 / 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 $1,869 $34,620 $0 $0
2023 $1,692 $32,100 $0 $0
2022 $1,484 $27,480 $0 $0
2021 $1,353 $25,820 $0 $0
2020 $2,663 $49,320 $0 $0
2019 $418 $7,740 $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

  • Vicki Lugar

    Seller's Agent in 2021

    Vicki Lugar

    ARC Realty - Hoover

    (205) 563-3444

    12 in this area

    81 Total Sales

    Section Image
  • Virgil Lugar

    Seller's Agent in 2019

    Virgil Lugar

    Newcastle Homes, Inc.

    (205) 566-3441

    16 in this area

    92 Total Sales

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1276828

Greater Alabama MLS

APN: 23-7-26-0-014-066-000

Alabama Shelby County Alabaster 35007

505 Shelby Farms Way, Alabaster, AL

This home is located at 505 Shelby Farms Way, Alabaster, AL 35007 since 25 February 2021 and is currently estimated at $347,771, approximately $182 per square foot. This property was built in 2019. 505 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.

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