$386,500
SOLD NOV 14, 2025

588 Forest Lakes Dr Sterrett, AL 35147

5 Beds
3.5 Baths
2,940 Sq Ft
0.42 Acres

Recently Sold

$131 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Attic
  • Stone Countertops
  • Attached Garage
  • Chelsea Park Elementary School Rated A-
  • Fenced Yard
  • Soaking Tub

About This Home

As of November 2025

In the desirable Forest Lakes community and zoned for Chelsea schools, this 5-bedroom, 3.5-bath home has been fully remodeled and is ready for you. The main level features soaring ceilings, fresh paint, new LVP flooring, and a spacious owners' suite with a stunning en-suite bath that includes a soaking tub, tiled shower, and walk-in closet. Granite countertops, a breakfast bar, eat-in kitchen, & formal dining room allow plenty of room to host football gatherings or upcoming holiday dinners. Upstairs are four bedrooms and two full baths, or use one of the rooms for an office or flex space. Grill burgers on the patio & watch the kids and pets play in the fenced, flat backyard. A two-car garage and four-sides brick add convenience and low-maintenance appeal. The neighborhood features lakes, walking trails, security cameras, and a playground, and fosters a sense of community that is unmatched. Move-in ready & recently appraised for $415,000. See this well-priced, well-updated home today!

Last Agent to Sell the Property

Shannon Colby

Keller Williams Metro South Listed on: 09/13/2025

Keller Williams Metro South

Last Buyer's Agent

Marc St John

ARC Realty 280

ARC Realty 280

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard

HOA Fees

  • Property has a Home Owners Association

Parking

  • Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Smooth Ceilings
  • Recessed Lighting
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Stone Countertops
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Laundry

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

Outdoor Features

  • Open Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • $25 Other Monthly Fees

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Down Payment Assistance: Y
  • Property Type: Residential
  • Flood Plain: N
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: KWRMS
  • Directions: Take 280 East to Chelsea. Turn left onto Bear Creek Rd. Turn right onto Forest Lakes Pkwy. Turn left at the 1st cross street onto Forest Lakes Drive. Home will be on the left.
  • Above Grade Finished Sq Ft: 2940.0
  • Year Built Details: Existing
  • SystemPrice: 386500
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Wood Burning
  • Room 1: Dining Room
  • Room 2: Living
  • Room 3: Kitchen
  • Room 4: Half Bath
  • Room 5: Laundry
  • Room 6: Master Bath
  • Room 7: Master Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Full Bath
  • Room 13: Full Bath
  • Kitchen Equipment: Dishwasher Built-In,Microwave Built-In,Some Stainless Appl,Stove-Gas
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Tile (FIREPL)
  • Fireplaces: 1
  • Unfinished Basement Sq Ft: 0
  • Main Level Sq Ft: 1566
  • Upper Level Sq Ft: 1374

Exterior Features

  • Exterior Features: Fenced Yard, Storage
  • Water Heater: Gas (WTRHTR)
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Entry Location: FRNT
  • Parking Features: Attached, Driveway, Off Street

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Water: Public Water
  • HVAC Area: 2940
  • Sewer: Connected

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Yn: Y

Fee Information

  • Garbage Fee Amount: 75
  • Garbage Fee Per: Q
  • Fire Fee: N
  • Garbage Fee: Y
  • Library Fee: No

Schools

  • High School: CHELSEA
  • Elementary School: CHELSEA PARK
  • Middle Or Junior School: CHELSEA

Lot Info

  • Lot View: No

Tax Info

  • Tax District: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2025
Closed on
Nov 14, 2025
Sold by
Barpala Llc
Bought by
Wallace Latorry
Seller's Agent
Shannon Colby
Keller Williams Metro South
Buyer's Agent
Marc St John
ARC Realty 280
List Price
$400,000
Sold Price
$386,500
Premium/Discount to List
-$13,500
-3.38%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$386,500
Outstanding Balance
$386,500
Interest Rate
6.34%
Mortgage Type
VA
Estimated Equity
$6,935

Purchase Details

Closed on
Jul 25, 2025
Sold by
Melton Lee E
Bought by
Barpala Llc

Purchase Details

Closed on
Mar 7, 2023
Sold by
Melton Kyra and Bush Kyra
Bought by
Melton Lee E

Purchase Details

Listed on
May 26, 2015
Closed on
Apr 28, 2016
Sold by
Khawly Cynthia A and Khawly Patrice P
Bought by
Melton Lee and Melton Kyra
Seller's Agent
Mark Driscoll
RE/MAX Advantage
Buyer's Agent
Nebrazy Adams
RealtySouth-I459 Southwest
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$208,550
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Cibulski Mary Janet
Bought by
Khawly Patrice P and Khawly Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Brown Wallace E and Mei Brown Maggie J
Bought by
Cibulski Mary Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2001
Sold by
American Homes & Land Corp
Bought by
Brown Wallace E and Mei Brown Maggie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,980
Interest Rate
6.42%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $386,500 None Listed On Document
Warranty Deed $280,000 None Listed On Document
Quit Claim Deed $164,000 None Listed On Document
Warranty Deed $215,000 None Available
Survivorship Deed $228,000 None Available
Warranty Deed $228,000 None Available
Survivorship Deed $209,484 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,500 VA
Previous Owner $208,550 New Conventional
Previous Owner $182,400 Purchase Money Mortgage
Previous Owner $216,600 Credit Line Revolving
Previous Owner $202,980 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Sold $386,500 -2.2% $131 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
09/26/2025 09/26/25 Price Changed $395,000 -1.3% $134 / Sq Ft
09/15/2025 09/15/25 For Sale $400,000 +86.0% $136 / Sq Ft
04/21/2016 04/21/16 Sold $215,000 -2.2% $73 / Sq Ft View Prior Sale
03/04/2016 03/04/16 Pending -- -- --
05/26/2015 05/26/15 For Sale $219,900 -- $75 / 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 $1,631 $37,060 $0 $0
2023 $1,614 $37,620 $0 $0
2022 $1,401 $32,780 $0 $0
2021 $1,200 $28,200 $0 $0
2020 $1,093 $25,780 $0 $0
2019 $1,077 $25,420 $0 $0
2017 $1,050 $24,800 $0 $0
2015 $1,022 $23,220 $0 $0
2014 $1,945 $44,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21429830

Greater Alabama MLS

APN: 09-5-22-0-003-005-000