NOT LISTED FOR SALE

518 Forest Lakes Dr Sterrett, AL 35147

Estimated Value: $330,000 - $378,198

4 Beds
2.5 Baths
2,629 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2021

Last sale price $290,000 $110 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,081 / mo

4 Days on Market

Highlights

  • Fishing
  • Pond
  • Wood Flooring
  • Chelsea Park Elementary School Rated A-
  • Cathedral Ceiling
  • Attic

About This Home

As of May 2021

NOW Active! 3 side brick, 4 Bedrooms in the desirable neighborhood of Forest Lakes. Award winning CHELSEA schools. Home includes a formal dining room, living room and open kitchen. BRAND NEW LVP flooring just installed for the new owners. Back yard is fenced and perfect for the pet in your life. Homes in this neighborhood move quickly and 4 Bedrooms is rare so it will move even FASTER. Schedule today! If you haven't been in the Forest Lakes neighborhood you'll be delighted to find its convenience to all the amenities of 280, Chelsea, Inverness and a short drive to downtown Birmingham. If you like to go out for a peaceful stroll, there is a huge community lake perfect for this. Professional pictures to come 5/8.

Last Agent to Sell the Property

Heidi Calamusa

Keller Williams Realty Vestavia Listed on: 05/07/2021

Keller Williams Realty Vestavia

Last Buyer's Agent

Trena Griggs

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 2003

Lot Details

  • 13,504 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Vinyl Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Separate Shower

Laundry

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

Outdoor Features

  • Pond
  • Patio

Schools

  • Chelsea Park Elementary School
  • Chelsea Middle School
  • Chelsea High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Fishing
  • Park

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 2003

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1281944?w=PubMLS
  • Living Area: 2629
  • Legal Description: Block: Lot: 143 FOREST LAKES
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Fireplace Details: Insert
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Shared Bath
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Kitchen1|Living1|DiningRoom1|MasterBR2|MasterBath2|Bedroom2|Bedroom2|Bedroom2|FullBath2|HalfBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Master Bedroom, On Level: 2
  • Room 5: Master Bath, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Half Bath, On Level: 1
  • Rooms Level 1: Dining Room (LVL 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+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Microwave Built-In, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1390
  • Upper Level Sq Ft: 1239

Exterior Features

  • Patio: Yes
  • Construction: 3 Sides Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Crawl Space
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Driveway Parking, On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 2629

Condo/Co-op/Association

  • Amenities: Fishing, Park, Pond, Sidewalks

Lot Info

  • Assessor Parcel Number: 09-5-22-0-005-001.000
  • Number Acres: 0.31

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 1051

MLS Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA
  • Jr Middle School: CHELSEA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
May 25, 2021
Sold by
Bought by
Seller's Agent
Heidi Calamusa
Keller Williams Realty Vestavia
Buyer's Agent
Trena Griggs
Keller Williams Realty Hoover
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$361,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,550
Avg. Annual Appreciation
4.44%
Original Mortgage
$150,000
Outstanding Balance
$133,718
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$227,832

Purchase Details

Closed on
Jul 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 None Available
$220,000 None Available
$191,880 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Previous Owner $220,000
Previous Owner $153,500
Closed $28,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $290,000 +1.8% $110 / Sq Ft
05/07/2021 05/07/21 For Sale $285,000 -- $108 / Sq Ft
Source: Greater Alabama MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,588 $36,100 $0 $0
2024 $1,572 $35,720 $0 $0
2023 $1,328 $35,800 $0 $0
2022 $1,155 $31,200 $0 $0
2021 $1,145 $26,960 $0 $0
2020 $1,051 $24,820 $0 $0
2019 $1,036 $24,480 $0 $0
2017 $989 $23,420 $0 $0
2015 $928 $22,020 $0 $0
2014 $881 $20,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1281944

Greater Alabama MLS

APN: 09-5-22-0-005-001-000

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