NOT LISTED FOR SALE

537 Lake Colony Dr Vestavia, AL 35242

Cahaba Heights Neighborhood

Estimated Value: $826,000 - $1,054,000

5 Beds
4.5 Baths
4,993 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $572,500 $115 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,344/month

Highlights

  • Water Access
  • Community Boat Launch
  • Fishing
  • Vestavia Hills Elementary Liberty Park Rated A+
  • In Ground Pool
  • Lake Property

About This Home

As of September 2020

If you are looking for one of the best locations in Liberty Park, then this is the one you have been waiting for. Walk right out the door and your kids are just steps away from award-winning, Vestavia Hills City Schools! Location, location, location! Walk to the pool, softball and soccer fields, tennis courts, parks, lakes and so much more. Step inside to find high ceilings, a fantastic keeping room, a kitchen featuring stainless appliances, a gas cook top, brand new double ovens and a Bosch dishwasher, plantation shutters, two fireplaces, and a finished basement too! New roof, newer HVAC units (2019 and 2015), and a brand new hot water heater too. Huge backyard can accommodate a pool and is fenced for pets and children. Large corner lot, just shy of half an acre. This beauty, with its gorgeous curb appeal, is sure to impress. Call today to set up a showing before it’s gone! Best price, best location!!

Last Agent to Sell the Property

Michelle Creamer

ARC Realty Vestavia-Liberty Pk Listed on: 07/15/2020

ARC Realty Vestavia-Liberty Pk

Last Buyer's Agent

Carter Manuel

RMI Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Ridge Vents on the Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Play Room
  • Keeping Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • In Ground Pool
  • Water Access
  • Pond
  • Lake Property
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00-07-4-005-007.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
  • Liberty Park HOA, Phone Number (205) 945-6401

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,021

Year Built

Built in 2000

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Living Area: 3730
  • Legal Description: Lot 12 Vestlake Village 4th Sector Phase I
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Interior Amenities: French Doors, Recess Lighting, Security System
  • Fireplace Details: Gas Starter, Masonry
  • Fireplace Location: Family Room (FIREPL), Hearth/Keeping (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |Living1|DiningRoom1|Den1|Kitchen1|KeepngRm1|MasterBR1|MasterBath1|Bedroom2|Bedroom2|Bedroom2|Play/RecB|BedroomB|FullBathB|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Den/Family, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Keeping Room, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Play/Rec, On Level: B
  • Room 12: Bedroom, On Level: B
  • Room 13: Full Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Full Bath (LVL BSMT), Play/Rec (LVL BSMT)
  • Rooms Level 1: Den/Family (LVL 1), Dining Room (LVL 1), Keeping Room (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Microwave Built-In, Double Oven
  • Kitchen Features: Breakfast Bar, 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: Pull-Down
  • Basement Finished Sq Ft: 1263
  • Main Level Sq Ft: 2441
  • Upper Level Sq Ft: 1289

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Fenced Yard, Sprinkler System
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Basement Parking, Driveway Parking

Utilities

  • Heating: Central (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 4993

Condo/Co-op/Association

  • Amenities: Boat Launch, Fishing, Park, Playgound, Pond, Private Lake, Sidewalks, Street Lights, Tennis Courts, Walking Paths, Water Access
  • Association Fee: Yes
  • Association Fee: 1409
  • Association Fee Per: Yearly
  • HOA Management Company: Liberty Park HOA
  • Hoa Phone: 205-945-6401

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Recreation Facility, Reserve for Improvements, Utilities for Comm Areas

Lot Info

  • Assessor Parcel Number: 27-00-07-4-005-007.000
  • Lot Description: Corner Lot, Subdivision
  • Number Acres: 0.46

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Ridge Vent

Tax Info

  • Tax District: VESTAVIA HILLS
  • Annual Tax: 5021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 30, 2020
Sold by
Snoddy Christina S
Bought by
Manuel Andrew Wilson and Manuel Polly Allen
Seller's Agent
Michelle Creamer
ARC Realty Vestavia-Liberty Pk
Buyer's Agent
Carter Manuel
RMI Realty Group
List Price
$615,000
Sold Price
$572,500
Premium/Discount to List
-$42,500
-6.91%
Current Estimated Value
$901,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,366
Avg. Annual Appreciation
9.36%
Original Mortgage
$458,000
Outstanding Balance
$407,367
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$494,499

Purchase Details

Closed on
Dec 17, 2002
Sold by
Lake Cyrus Development Company Inc
Bought by
Vintage Homes Llc
Source: Public Records

Range of Values:

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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
Manuel Andrew Wilson $572,500 --
Vestlake Communities Property Owners Ass -- --
Vintage Homes Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuel Andrew Wilson $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $572,500 -2.9% $115 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/09/2020 08/09/20 Price Changed $589,900 -1.7% $118 / Sq Ft
07/22/2020 07/22/20 Price Changed $600,000 -2.4% $120 / Sq Ft
07/15/2020 07/15/20 For Sale $615,000 -- $123 / 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 $6,066 $71,340 -- --
2022 $5,818 $63,390 $13,500 $49,890
2021 $5,659 $61,670 $13,500 $48,170
2020 $5,081 $55,430 $16,340 $39,090
2019 $5,286 $60,620 $0 $0
2018 $5,021 $54,800 $0 $0
2017 $4,983 $54,380 $0 $0
2016 $4,823 $52,660 $0 $0
2015 $4,823 $52,660 $0 $0
2014 $4,754 $51,020 $0 $0
2013 $4,754 $51,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Creamer

    Seller's Agent in 2020

    Michelle Creamer

    ARC Realty Vestavia-Liberty Pk

    (205) 999-8164

    212 in this area

    301 Total Sales

    Michelle Creamer
    Section Image
  • Carter Manuel

    Buyer's Agent in 2020

    Carter Manuel

    RMI Realty Group

    (205) 910-1942

    1 in this area

    21 Total Sales

    Carter Manuel
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 887666

Greater Alabama MLS

APN: 27-00-07-4-005-007.000

Alabama Jefferson County Vestavia 35242 Cahaba Heights

537 Lake Colony Dr, Vestavia, AL

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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