NOT LISTED FOR SALE

5225 Old Highway 280 Unit 1 Sterrett, AL 35147

Estimated Value: $347,490

7 Acres
$49,641 Price per Acre
304,920 Sq Ft Lot

Last Sold July 17, 2019

Last sale price $140,000

Est. 148% increase in value since last sale

Current estimated payment $2,114/month

Highlights

  • 7 Acre Lot
  • Corner Lot
  • Partially Fenced Property
  • Chelsea Park Elementary School Rated A-

About This Lot

As of July 2019

For Comps Only. Property included 2000 sqft commercial building.

Last Agent to Sell the Property

Annalee Bright

LAH Sotheby's International Realty Homewood License #000118793 Listed on: 08/01/2018

Last Buyer's Agent

Annalee Bright

LAH Sotheby's International Realty Homewood License #000118793 Listed on: 08/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,825

Lot Details

  • 7 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Subdivision Possible

Schools

  • Chelsea Park Elementary School
  • Chelsea High School

Utilities

  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 08-8-28-0-001-017.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,825

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: Lot 1, Moore property division, MB51, P25, Shelby County
  • Intermed: Chelsea
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Water
  • Utilities On-site: Electricity, Phone, Water

Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA

Lot Info

  • Assessor Parcel Number: 08-8-28-0-001-017.000
  • Lot Description: Acreage, Corner Lot
  • Number Acres: 7
  • Best Use Per Zone: Residential
  • Improvements: Fenced-Partially
  • List Price per Acre: 20000
  • Lot Description Type: Subdivision Possible
  • Surrounding Area: Agricultural (AREA), Residential
  • Unit/Lot Number: 1

Tax Info

  • Tax District: Westover

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Ray Malachi
Bought by
Flipsies Llc
Current Estimated Value
$347,490

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jul 17, 2019
Sold by
Moore Mike W
Bought by
Ray Malachi
Seller's Agent
Annalee Bright
LAH Sotheby's International Realty Homewood
Buyer's Agent
Annalee Bright
LAH Sotheby's International Realty Homewood
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$112,000
Interest Rate
3.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Flipsies Llc $292,000 None Available
Ray Malachi $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ray Malachi $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $140,000 0.0% --
05/28/2019 05/28/19 Pending -- -- --
08/01/2018 08/01/18 For Sale $140,000 -- --
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 $2,825 $64,200 $0 $0
2023 $2,564 $58,280 $0 $0
2022 $2,306 $52,420 $0 $0
2021 $1,576 $35,820 $0 $0
2020 $1,529 $34,760 $0 $0
2019 $745 $16,940 $0 $0
2017 $652 $14,820 $0 $0
2015 $619 $14,060 $0 $0
2014 $601 $13,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Annalee Bright

    LAH Sotheby's International Realty Homewood

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Map

Source: Greater Alabama MLS

MLS Number: 857974

Greater Alabama MLS

APN: 08-8-28-0-001-017-000

Alabama Shelby County Sterrett 35147

5225 Old Highway 280 Unit 1, Sterrett, AL

This home is located at 5225 Old Highway 280 Unit 1, Sterrett, AL 35147 since 01 August 2018 and is currently estimated at $347,490. 5225 Old Highway 280 Unit 1 is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea 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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