NOT LISTED FOR SALE

687 Lake Dr Shelby, AL 35143

South Shelby Neighborhood

Estimated Value: $441,000 - $516,010

3 Beds
2 Baths
1,503 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $435,000 $289 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,662/month

1 Day on Market

Highlights

  • Boathouse
  • 257 Feet of Waterfront
  • Screened Deck
  • Shelby Elementary School Rated A-
  • Lake View
  • Wood Flooring

About This Home

As of April 2023

For Comps only

Last Agent to Sell the Property

Shirley Satterwhite

RealtySouth-Inverness Office Listed on: 03/22/2023

RealtySouth-Inverness Office

Co-Listed By

Kendra Satterwhite Smith

RealtySouth-Inverness Office

RealtySouth-Inverness Office

Last Buyer's Agent

Kendra Satterwhite Smith

RealtySouth-Inverness Office

RealtySouth-Inverness Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1968

Lot Details

  • 0.97 Acre Lot
  • 257 Feet of Waterfront
  • Cul-De-Sac
  • Irregular Lot
  • Few Trees

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • Den
  • Screened Porch
  • Lake Views
  • Crawl Space

Kitchen

  • Stove
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Boathouse
  • Screened Deck

Schools

  • Shelby Elementary School
  • Columbiana Middle School
  • Shelby County High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • $21 Other Monthly Fees

Listing and Financial Details

  • Tax Lot 343
  • Assessor Parcel Number 30-6-23-0-001-002.006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 1503
  • Legal Description: Lot 343 Al Power Recreational Cottage Site Sector I
  • List Price per Sq Ft: 289.42
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Waynes
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1968
  • Price Per Sq Ft: 289.42
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Amenities: Split Bedroom
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Kitchen1|Den1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Den/Family, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Refrigerator, Stove-Electric
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Main Level Sq Ft: 1503

Exterior Features

  • Waterfront Name: LAY LAKE
  • Construction: Wood
  • Decks Type: Open (DECK), Screened (DECK)
  • Exterior Features: Boat House Private, Porch Screened
  • Foundation: Crawl Space
  • Waterfront: Yes
  • Waterfront Frontage: 257
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Heat Pump (HEAT)
  • Cooling: Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1503

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 62
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 30-6-23-0-001-002.006
  • Lot Description: Cul-de-sac, Irregular Lot, Some Trees, Subdivision
  • Lot Number: 343
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.97

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 28, 2023
Sold by
Dyson David Hilton and Bryant Pamela Dyson
Bought by
Jackson Lawrence M
Seller's Agent
Shirley Satterwhite
RealtySouth-Inverness Office
Buyer's Agent
Kendra Satterwhite Smith
RealtySouth-Inverness Office
List Price
$435,000
Sold Price
$435,000
Views
9
Current Estimated Value
$472,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,503
Avg. Annual Appreciation
3.55%
Original Mortgage
$435,000
Outstanding Balance
$423,360
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$49,143

Purchase Details

Closed on
Dec 16, 1997
Sold by
Alabama Property Company
Bought by
Dyson Elbridge H and Dyson Joan C
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jackson Lawrence M $435,000 None Listed On Document
Dyson Elbridge H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Lawrence M $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $435,000 0.0% $289 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $435,000 -- $289 / 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 $1,742 $39,580 $0 $0
2023 $1,574 $35,780 $0 $0
2022 $0 $31,460 $0 $0
2021 $1,000 $27,060 $0 $0
2020 $0 $23,660 $0 $0
2019 $0 $23,300 $0 $0
2017 $0 $21,740 $0 $0
2015 -- $20,240 $0 $0
2014 -- $19,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shirley Satterwhite

    Seller's Agent in 2023

    Shirley Satterwhite

    RealtySouth

    (205) 966-3170

    23 in this area

    42 Total Sales

    Shirley Satterwhite
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kendra Satterwhite Smith

    RealtySouth

    (205) 337-2875

    24 in this area

    44 Total Sales

    Kendra Satterwhite Smith
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1352460

Greater Alabama MLS

APN: 30-6-23-0-001-002-006

Alabama Shelby County Shelby 35143 South Shelby

687 Lake Dr, Shelby, AL

This home is located at 687 Lake Dr, Shelby, AL 35143 since 22 March 2023 and is currently estimated at $472,503, approximately $314 per square foot. This property was built in 1968. 687 Lake Dr 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.

Nearby Homes