511 Wallace Dr Shelby, AL 35143
South Shelby NeighborhoodEstimated payment $2,397/month
Total Views
2,450
3
Beds
2
Baths
2,156
Sq Ft
$183
Price per Sq Ft
Highlights
- 7.4 Acre Lot
- Deck
- Attic
- Shelby Elementary School Rated A-
- Wood Flooring
- Solid Surface Countertops
About This Home
3/2
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,986
Year Built
- Built in 1996
Lot Details
- 7.4 Acre Lot
- Fenced Yard
Parking
- 2 Car Garage
- 2 Carport Spaces
- Basement Garage
- Front Facing Garage
- Driveway
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,156 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Wood Burning Fireplace
- Brick Fireplace
- Bay Window
- Family Room with Fireplace
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
- Solid Surface Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Schools
- Shelby Elementary School
- Columbiana Middle School
- Shelby County High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Additional Features
- Deck
- In Flood Plain
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 31-3-07-0-002-001.039
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,986 | $147,600 | $0 | $0 |
| 2023 | $1,371 | $32,080 | $0 | $0 |
| 2022 | $1,114 | $30,080 | $0 | $0 |
| 2021 | $2,922 | $66,420 | $0 | $0 |
| 2020 | $0 | $32,800 | $0 | $0 |
| 2019 | $0 | $32,080 | $0 | $0 |
| 2017 | $0 | $33,200 | $0 | $0 |
| 2015 | -- | $34,720 | $0 | $0 |
| 2014 | -- | $34,120 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $395,000 | -7.1% | $183 / Sq Ft |
| 08/02/2025 08/02/25 | For Sale | $425,000 | +23.2% | $197 / Sq Ft |
| 11/04/2020 11/04/20 | Sold | $345,000 | +1.6% | $187 / Sq Ft |
| 10/16/2020 10/16/20 | Pending | -- | -- | -- |
| 10/01/2020 10/01/20 | Price Changed | $339,660 | 0.0% | $184 / Sq Ft |
| 10/01/2020 10/01/20 | Price Changed | $339,600 | +2.6% | $184 / Sq Ft |
| 08/12/2020 08/12/20 | Price Changed | $330,900 | -1.8% | $179 / Sq Ft |
| 08/01/2020 08/01/20 | Price Changed | $336,900 | -0.9% | $183 / Sq Ft |
| 07/18/2020 07/18/20 | Price Changed | $339,900 | -15.0% | $184 / Sq Ft |
| 07/13/2020 07/13/20 | For Sale | $399,900 | +55.8% | $217 / Sq Ft |
| 07/02/2020 07/02/20 | Sold | $256,666 | 0.0% | $139 / Sq Ft |
| 04/20/2020 04/20/20 | Pending | -- | -- | -- |
| 04/15/2020 04/15/20 | Off Market | $256,666 | -- | -- |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- |
| 03/25/2020 03/25/20 | For Sale | $400,500 | 0.0% | $217 / Sq Ft |
| 03/19/2020 03/19/20 | Pending | -- | -- | -- |
| 02/14/2020 02/14/20 | Price Changed | $400,500 | -10.0% | $217 / Sq Ft |
| 12/20/2019 12/20/19 | For Sale | $445,000 | -- | $241 / Sq Ft |
Source: Greater Alabama MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $302,500 | None Listed On Document | |
| Warranty Deed | $345,000 | None Available | |
| Quit Claim Deed | $256,666 | Senith Closing & Title Llc | |
| Special Warranty Deed | $256,666 | None Available | |
| Deed In Lieu Of Foreclosure | $402,697 | None Available | |
| Deed In Lieu Of Foreclosure | $402,697 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Survivorship Deed | $449,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $553,880 | New Conventional | |
| Previous Owner | $245,000 | New Conventional | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $245,744 | Commercial | |
| Previous Owner | $772,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $253,125 | FHA | |
| Previous Owner | $359,200 | Unknown | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Greater Alabama MLS
MLS Number: 21427045
APN: 31-3-07-0-002-001-039
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