NOT LISTED FOR SALE

Estimated Value: $350,000 - $458,130

3 Beds
3 Baths
900 Sq Ft
$445/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $258,000 $287 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,315/month

61 Days on Market

Highlights

  • Boathouse
  • 145 Feet of Waterfront
  • Lake View
  • Shelby Elementary School Rated A-
  • Private Dock
  • Deck

About This Home

As of May 2016

MAIN CHANNEL - LAY LAKE!! GORGEOUS WATERFRONT with a 3 Bdrm/3 Bath home on a little over an acre w/apprx. 145' of waterfront. Main lvl has nice kitchen with lots of cabinets and open to the living room and has door leading to sunroom overlooking the lake! Masterbdrm is spacious with nice masterbath. Other bdrm on main lvl is nice sized also. The basement boasts another kitchen and huge bedroom, full size bath and living room with additional room for another bed, etc. and would make great mother-in-law suite, or for extended company with 2 levels of living. Wonderful circular driveway w/great lot in front & back. Boathouse is wonderful w/electric lift and a great pier to fish or enjoy the lake. There is also a pump to water the lawn, etc. Home is energy efficient with low utility bills and there is also 2 water meters on the property - one in front where you could build additional garage, etc.If you are looking for a fulltime residence on the lake or weekender then this is a must see!

Last Agent to Sell the Property

Mary Dunnaway

Down South Realty Inc Listed on: 02/11/2016

Co-Listed By

Josh Dunnaway

Down South Realty Inc

Last Buyer's Agent

Susan Lather

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • 1967

Lot Details

  • 145 Feet of Waterfront

Home Design

  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Den
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Stove
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Stubbed For A Bathroom

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Garage on Main Level
  • Circular Driveway

Outdoor Features

  • Boathouse
  • Private Dock
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 323070001002.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 900
  • Legal Description: AL Power Co. Recreational Cottage Site Sector 5
  • List Price per Sq Ft: 298.89
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Floors: Carpet, Tile Floor, Vinyl
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom1|BedroomB|Living1|Kitchen1|Sunroom1|DenB|KitchenB|FullBath1|FullBathB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: B
  • Room 5: Living, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Sunroom, On Level: 1
  • Room 8: Den/Family, On Level: B
  • Room 9: Kitchen, On Level: B
  • Room 10: Full Bath, On Level: 1
  • Room 11: Full Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Kitchen (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Plumbing Stubbed, Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Microwave Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Basement Finished Sq Ft: 1000
  • Main Level Sq Ft: 900

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAY LAKE
  • Construction: Concrete/Block, Siding-Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Boat House Private, Dock Private, Storage Building
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 145
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 2
  • Parking Features: Circular Drive, Detached, Driveway Parking, Parking (MLVL)

Utilities

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

Schools

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

Lot Info

  • Assessor Parcel Number: 323070001002.001
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 12, 2016
Sold by
Fetner Jame E
Bought by
Moore Michael W and Moore Cathy G
Seller's Agent
Mary Dunnaway
Down South Realty Inc
Buyer's Agent
Susan Lather
Keller Williams Realty Hoover
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%
Current Estimated Value
$414,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,230
Avg. Annual Appreciation
5.01%
Original Mortgage
$206,400
Outstanding Balance
$166,767
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$238,981

Purchase Details

Closed on
Mar 6, 1998
Sold by
Alabama Property Company
Bought by
Fetner James E
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Moore Michael W $258,000 None Available
Fetner James E $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Michael W $206,400
Previous Owner Fetner James E $80,000
Previous Owner Fetner James Emory $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $258,000 -4.1% $287 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $269,000 -- $299 / 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 $1,401 $31,840 $0 $0
2023 $1,337 $30,380 $0 $0
2022 $1,277 $29,020 $0 $0
2021 $1,107 $25,160 $0 $0
2020 $1,094 $24,860 $0 $0
2019 $1,087 $24,700 $0 $0
2017 $942 $21,420 $0 $0
2015 $732 $17,560 $0 $0
2014 $725 $17,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 740591

Greater Alabama MLS

APN: 32-3-07-0-001-002-001