NOT LISTED FOR SALE

55 Circle 2 Shelby, AL 35143

South Shelby Neighborhood

Estimated Value: $397,000 - $445,814

3 Beds
2 Baths
1,998 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $280,000 $140 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,388/month

20 Days on Market

Highlights

  • Boathouse
  • 100 Feet of Waterfront
  • Community Boat Launch
  • Shelby Elementary School Rated A-
  • Private Dock
  • RV or Boat Parking

About This Home

As of October 2020

This lovely home is perfect for lake life. Located in one of the most desirable areas of Lay Lake. This property has it all! Large corner slightly sloping lot located on a quiet street. Sprinkler system that uses lake water to keep your yard beautiful! Enjoy your large detached RV storage/workshop/or just a place for all of your lake toys. Bar and fire pit by the water. Peaceful deep water views barely off the main channel. Inside enjoy a large sunroom and downstairs has a large bonus space for family or could be a master suite.

Last Agent to Sell the Property

Lela Seagle

RE/MAX Advantage South License #000099419 Listed on: 09/03/2020

Last Buyer's Agent

Penny Miller

RE/MAX Advantage South

RE/MAX Advantage South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • 100 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $4 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Laundry in Basement

Parking

  • Garage
  • 2 Carport Spaces
  • Basement Garage
  • Driveway
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Boathouse
  • Private Dock
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 313060001003000

Community Details

Overview

  • $12 Other Monthly Fees
  • Shelby Shores Association, Phone Number (205) 669-6306

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1148
  • Legal Description: Lots 28 & 29 - First Add to Shelby Shores MB 5 Page 29
  • List Price per Sq Ft: 287.37
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Terminix
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1970
  • Price Per Sq Ft: 140.14
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Floors: Hardwood, Tile Floor
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living/Din1|Kitchen1|Sunroom1|Bedroom1|Bedroom1|FullBath1|BedroomB|BonusB|FullBathB|LaundryB|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Sunroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: B
  • Room 8: Bonus, On Level: B
  • Room 9: Full Bath, On Level: B
  • Room 10: Laundry, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Bonus (LVL BSMT), Full Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1), Sunroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 850
  • Main Level Sq Ft: 1148

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Siding-Other
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private, Dock Private, Sprinkler System, Storage Building
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Boat Parking, Driveway Parking, Lower Level, Off Street Parking, RV Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1998

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed
  • Association Fee: 50
  • Association Fee Per: Yearly
  • HOA Management Company: Shelby Shores
  • Hoa Phone: 205-669-6306

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 36
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: SHELBY
  • Middle School: COLUMBIANA
  • High School: SHELBY COUNTY

Lot Info

  • Assessor Parcel Number: 313060001003000
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 20, 2020
Sold by
Brennan Timothy J
Bought by
Adkisson Ken E and Adkisson Donna J
Seller's Agent
Lela Seagle
RE/MAX Advantage South
Buyer's Agent
Penny Miller
RE/MAX Advantage South
List Price
$329,900
Sold Price
$280,000
Premium/Discount to List
-$49,900
-15.13%
Current Estimated Value
$413,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,454
Avg. Annual Appreciation
7.71%
Original Mortgage
$224,000
Outstanding Balance
$167,821
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,169

Purchase Details

Closed on
Mar 6, 2019
Sold by
Brennan Timothy J and Brennan Timothy John
Bought by
Brennan Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2018
Sold by
Brennan Cynthia Gray and Brennan Cynthia G
Bought by
Brennan Timothy John

Purchase Details

Listed on
Jul 20, 2015
Closed on
Sep 14, 2015
Sold by
Underwood Billy C and Underwood Donna A
Bought by
Brennan Cynthia G and Brennan Timothy J
Seller's Agent
Jean Lowe
Lowe and Associates Realty Inc
Buyer's Agent
Lela Seagle
RE/MAX Advantage South
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$192,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Adkisson Ken E $280,000 None Available
Brennan Timothy J -- None Available
Brennan Timothy John -- None Available
Brennan Cynthia G $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkisson Ken E $224,000
Closed Adkisson Ken E $224,000
Previous Owner Brennan Timothy J $360,000
Previous Owner Brennan Cynthia G $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $280,000 -15.1% $140 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $329,900 +37.5% $165 / Sq Ft
09/14/2015 09/14/15 Sold $240,000 -4.0% $271 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $249,900 -- $283 / 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 $1,620 $36,820 $0 $0
2023 $1,542 $35,040 $0 $0
2022 $1,359 $30,880 $0 $0
2021 $921 $24,960 $0 $0
2020 $927 $22,000 $0 $0
2019 $952 $21,640 $0 $0
2017 $885 $20,120 $0 $0
2015 -- $19,800 $0 $0
2014 -- $19,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lela Seagle

    RE/MAX

    Section Image
  • Penny Miller

    Buyer's Agent in 2020

    Penny Miller

    RE/MAX

    (205) 365-5419

    12 in this area

    221 Total Sales

    Penny Miller
    Section Image

  • J

    Seller's Agent in 2015

    Jean Lowe

    Lowe and Associates Realty Inc

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 893696

Greater Alabama MLS

APN: 31-3-06-0-001-003-000

Alabama Shelby County Shelby 35143 South Shelby

55 Circle 2, Shelby, AL

This home is located at 55 Circle 2, Shelby, AL 35143 since 03 September 2020 and is currently estimated at $413,454, approximately $206 per square foot. This property was built in 1970. 55 Circle 2 is a home located in Shelby County with nearby schools including Shelby Elementary School, Columbiana Middle School, and Shelby County 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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