NOT LISTED FOR SALE

589 Forest Lakes Dr Sterrett, AL 35147

Estimated Value: $301,000 - $326,000

-- Bed
1 Bath
1,860 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 589 Forest Lakes Dr, Sterrett, AL 35147 and is currently estimated at $311,308, approximately $167 per square foot. 589 Forest Lakes Dr is a home located in Shelby County with nearby schools including Chelsea Park Elementary School, Chelsea Middle School, and Chelsea High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Marquez Luis G and Marquez Mirna A
Bought by
Palacios Valle Gregorio A and Palacios Sonia Areli
Current Estimated Value
$311,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$67,380
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$238,514

Purchase Details

Closed on
Nov 14, 2016
Sold by
Marquez Luis G and Marquez Mirna A
Bought by
Marquez Luis G and Marquez Mirna A

Purchase Details

Closed on
May 21, 2007
Sold by
Appling Celena
Bought by
Marquez Luis G and Marquez Mirna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 21, 2004
Sold by
American Homes & Land Corp
Bought by
Appling Celena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 2003
Sold by
Taylor Joan M
Bought by
American Homes & Land Corp

Purchase Details

Closed on
May 20, 2002
Sold by
American Homes & Land Corp
Bought by
Taylor Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Palacios Valle Gregorio A -- None Available
Marquez Luis G -- None Available
Marquez Luis G $175,000 Fidelity Natl Title Group
Appling Celena $148,500 --
American Homes & Land Corp $136,419 --
Taylor Joan M $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Valle Gregorio A $120,000
Previous Owner Marquez Luis G $134,000
Previous Owner Marquez Luis G $17,500
Previous Owner Marquez Luis G $140,000
Previous Owner Appling Celena $15,000
Previous Owner Appling Celena $133,600
Previous Owner Taylor Joan M $35,000
Source: Public Records

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 $1,245 $28,300 $0 $0
2023 $1,184 $27,840 $0 $0
2022 $1,027 $24,280 $0 $0
2021 $877 $20,860 $0 $0
2020 $784 $18,740 $0 $0
2019 $781 $18,680 $0 $0
2017 $788 $17,900 $0 $0
2015 $737 $16,760 $0 $0
2014 $705 $16,020 $0 $0
Source: Public Records

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