NOT LISTED FOR SALE

5940 Forest Lakes Cove Sterrett, AL 35147

Estimated Value: $317,000 - $327,729

3 Beds
2.5 Baths
2,010 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $308,000 $153 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,832/month

115 Days on Market

Highlights

  • Fishing
  • Mountain View
  • Great Room with Fireplace
  • Chelsea Park Elementary School Rated A-
  • Pond
  • Wood Flooring

About This Home

As of April 2024

Welcome Home to the charming Forest Lakes of Chelsea! This beautiful 3-bedroom, 2.5-bath residence sits on a spacious corner lot, offering a serene escape. The fenced backyard with a covered patio is perfect for outdoor gatherings. Step inside to discover custom cabinets, closets, crown molding, and gleaming hardwood floors that make you feel at home. The marble fireplace surround and soaring ceilings create an inviting ambiance with an abundance of natural light. The main floor boasts a master suite with a double vanity and a relaxing garden tub. Upstairs, two more bedrooms and an office/study provide comfort and privacy. Forest Lakes is a true gem, with walking trails, a playground, and a picturesque lake for fishing. And being on the North side of Chelsea takes valuable minutes off your daily commute. This is your chance to own a piece of Shelby County's finest. Don't miss out on this opportunity to make it yours!

Last Agent to Sell the Property

Erik Spencer

Keller Williams Realty Hoover Listed on: 11/02/2023

Keller Williams Realty Hoover

Co-Listed By

Jessica Spencer

Keller Williams Realty Hoover

Last Buyer's Agent

Stephanie Rowe

RealtySouth Chelsea Branch

RealtySouth Chelsea Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Interior Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage on Main Level
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Marble Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Mountain Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Outdoor Features

  • Pond
  • Covered Patio or Porch

Schools

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

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc, utilities for comm areas
  • $36 Other Monthly Fees
  • Forest Lakes HOA

Recreation

  • Community Playground
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21369384?w=PubMLS
  • Living Area: 2010
  • Legal Description: Block: Lot: 288 FOREST LAKES SEC 4
  • List Price per Sq Ft: 158.21
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 153.23
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Recess Lighting, Security System
  • Fireplace Details: Marble (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor, Vinyl
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Kitchen1|GreatRoom1|Laundry1|DiningRoom1|HalfBath1|MasterBR1|MasterBath1|Office2|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Laundry, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Half Bath, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Office/Study, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Office/Study (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Refrigerator, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area, 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
  • Main Level Sq Ft: 1437
  • Upper Level Sq Ft: 573

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Covered - (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2010

Condo/Co-op/Association

  • Amenities: Fishing, Playgound, Pond, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly
  • HOA Management Company: Forest Lakes HOA
  • Hoa Phone: 0000000000

Fee Information

  • Fees Include: Common Grounds Mntc, Utilities for Comm Areas
  • Garbage Fee: Yes
  • Garbage Fee Amount: 108
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 09-5-22-0-008-017.000
  • Lot Description: Corner Lot, Interior Lot, Subdivision
  • Lot View: Yes
  • Lot View Type: Mountain View
  • Number Acres: 0.3

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: CHELSEA
  • Annual Tax: 969

MLS Schools

  • Elementary School: CHELSEA PARK
  • High School: CHELSEA
  • Jr Middle School: CHELSEA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Apr 8, 2024
Sold by
Hogan William and Hogan Melanie
Bought by
Rowe Stephanie Crow
Seller's Agent
Erik Spencer
Keller Williams Realty Hoover
Buyer's Agent
Stephanie Rowe
RealtySouth Chelsea Branch
List Price
$336,000
Sold Price
$308,000
Premium/Discount to List
-$28,000
-8.33%
Views
481
Current Estimated Value
$320,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,182
Avg. Annual Appreciation
2.71%
Original Mortgage
$298,760
Outstanding Balance
$294,313
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$25,869

Purchase Details

Closed on
Oct 25, 2011
Sold by
Dlj Mortgage Capital Inc
Bought by
Hogan William and Hogan Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,099
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2009
Sold by
Fannie Mae
Bought by
Balassone Vince and Balassone Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,025
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2005
Sold by
King Yolanda and King Shaun L
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Feb 28, 2005
Sold by
American Homes & Land Corp
Bought by
King Shaun L and King Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,859
Interest Rate
5.6%
Mortgage Type
Unknown
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
Rowe Stephanie Crow $308,000 None Listed On Document
Hogan William $149,900 None Available
Balassone Vince $136,500 None Available
Dlj Mortgage Capital Inc -- None Available
King Shaun L $185,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Stephanie Crow $298,760
Previous Owner Hogan Haley D $5,223
Previous Owner Hogan Haley D $15,000
Previous Owner Hogan William $146,099
Previous Owner Balassone Vince $134,025
Previous Owner King Shaun L $190,859
Previous Owner American Homes & Land Corp $1,404,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $308,000 -3.1% $153 / Sq Ft
02/03/2024 02/03/24 Price Changed $318,000 -3.0% $158 / Sq Ft
11/12/2023 11/12/23 Price Changed $328,000 -2.4% $163 / Sq Ft
11/02/2023 11/02/23 For Sale $336,000 -- $167 / 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 $1,335 $30,340 $0 $0
2023 $1,283 $30,080 $0 $0
2022 $1,122 $26,440 $0 $0
2021 $968 $22,940 $0 $0
2020 $871 $20,720 $0 $0
2019 $866 $20,620 $0 $0
2017 $810 $19,340 $0 $0
2015 $762 $18,240 $0 $0
2014 $725 $17,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Erik Spencer

    Keller Williams Realty Hoover

    Section Image
  • Jessica Spencer

    Seller Co-Listing Agent in 2024

    Jessica Spencer

    Keller Williams Realty Hoover

    (205) 218-4487

    3 in this area

    39 Total Sales

    Jessica Spencer
    Section Image
  • Stephanie Rowe

    Buyer's Agent in 2024

    Stephanie Rowe

    RealtySouth Chelsea Branch

    (205) 540-8241

    3 in this area

    10 Total Sales

    Stephanie Rowe
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 21369384

Greater Alabama MLS

APN: 09-5-22-0-008-017-000

Alabama Shelby County Sterrett 35147

5940 Forest Lakes Cove, Sterrett, AL

This home is located at 5940 Forest Lakes Cove, Sterrett, AL 35147 since 02 November 2023 and is currently estimated at $320,182, approximately $159 per square foot. This property was built in 2005. 5940 Forest Lakes Cove 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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