NOT LISTED FOR SALE

75 Cottage Square Sylacauga, AL 35151

Estimated Value: $245,000 - $330,000

3 Beds
2 Baths
1,270 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $230,000 $181 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,602 / mo

20 Days on Market

Highlights

  • Community Boat Launch
  • Fishing
  • Gated Community
  • In Ground Pool
  • RV or Boat Parking
  • Lake View

About This Home

As of June 2021

Adorable lakeview cottage located in the gated community of The Preserve at Lay Lake. This 3 bedroom/2 bath home includes 9' ceilings, crown molding throughout, 10' tray ceiling in master bedroom, all new stainless steel appliances, granite counter tops, custom cabinetry & much more! Ideal place for your weekend getaway with family and friends or your permanent residence. Just a golf cart ride away from all the amenities which include a boat launch/dock, pool & recreation pavilion for residents to gather. If you work from home, no worries, HS Internet/cable are available thru AT&T. Very desirable Fayetteville school district. Top-rated Farm Links Golf Club at nearby Pursell Farms. Only 15 minutes from Hwy 280 in Sylacauga or Childersburg. Lay Lake is known for its consistent water levels, various boating activities, host of FOUR BASSMASTER CLASSICS & the 2020 BASSMASTER EASTERN OPEN!! Come join our community and start making those lake memories and enjoying the gorgeous sunsets!

Last Agent to Sell the Property

April Edmondson

eXp Realty, LLC Central Listed on: 05/10/2021

eXp Realty, LLC Central

Last Buyer's Agent

Eileen Watkins

RealtySouth Chelsea Branch

RealtySouth Chelsea Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 2011

Lot Details

  • 40,946 Sq Ft Lot
  • Fenced Yard
  • Interior Lot
  • Irregular Lot
  • Few Trees

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • RV or Boat Parking

Home Design

  • Brick Foundation
  • Ridge Vents on the Roof
  • HardiePlank Siding

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Wood Flooring
  • Lake Views
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

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

Laundry

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

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Swimming Allowed
  • Water Skiing Allowed
  • Covered Deck
  • Patio

Schools

  • Fayetteville Elementary And Middle School
  • Fayetteville High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc, recreation facility, reserve for improvements, utilities for comm areas
  • $15 Other Monthly Fees
  • The Preserve At Lay Lake Association, Phone Number (205) 542-4927

Recreation

  • Community Boat Launch
  • Powered Boats Allowed
  • Community Pool
  • Fishing

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$837

Year Built

Built in 2011

Lot Details

0.94 Acres

HOA Fees

$37 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Private Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1284276?w=PubMLS
  • Living Area: 1270
  • Legal Description: 155.49' X 263.37' IRR LOT 318 THE PRESERVE AT LAY LAKE BK 7 PG 108 S24 T21S R1E
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Cook's Pest Control
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Interior Amenities: Split Bedroom
  • Floors: Hardwood
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Linen Closet, Separate Vanities, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |GreatRoom1|Kitchen1|BrkfastRM1|Laundry1|MasterBR1|MasterBath1|Bedroom1|FullBath1|Bedroom1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Breakfast Room, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Breakfast Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Solid Surface, Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Main Level Sq Ft: 1270

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAY LAKE
  • Construction: Brick Over Foundation, Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Fenced Yard
  • Foundation: Crawl Space
  • Garden/Patio Style: Yes
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 1
  • Parking Features: Boat Parking, Detached, Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1270

Condo/Co-op/Association

  • Amenities: BBQ Area, Boat Launch, Boats-Motorized Allowed, Fishing, Gate Entrance/Comm, Skiing Allowed, Swimming Allowed
  • Association Fee: Yes
  • Association Fee: 440
  • Association Fee Per: Yearly
  • HOA Management Company: The Preserve at Lay Lake
  • Hoa Phone: 205-542-4927

Fee Information

  • Fees Include: Common Grounds Mntc, Recreation Facility, Reserve for Improvements, Utilities for Comm Areas
  • Garbage Fee: Yes
  • Garbage Fee Amount: 180
  • Garbage Fee Per: Yearly

Lot Info

  • Assessor Parcel Number: 30-06-24-0-000-069.048
  • Lot Description: Acreage, Interior Lot, Irregular Lot, Some Trees, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.94

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Star Appliances, Programmable Thermostat, Ridge Vent

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 837

MLS Schools

  • Elementary School: FAYETTEVILLE
  • High School: FAYETTEVILLE
  • Jr Middle School: FAYETTEVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 1, 2021
Sold by
Duncan Ii Shannon M and Mi Sebastian
Bought by
Wesson Stephen E and Wesson Jennifer
Seller's Agent
April Edmondson
eXp Realty, LLC Central
Buyer's Agent
Eileen Watkins
RealtySouth Chelsea Branch
List Price
$239,500
Sold Price
$230,000
Premium/Discount to List
-$9,500
-3.97%
Current Estimated Value
$282,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,898
Avg. Annual Appreciation
4.44%
Original Mortgage
$225,834
Outstanding Balance
$202,675
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$80,223

Purchase Details

Listed on
Apr 4, 2020
Closed on
Sep 2, 2020
Sold by
Ward John F
Bought by
Duncan Shannon M and Tuck Christie R
Seller's Agent
April Edmondson
eXp Realty, LLC Central
Buyer's Agent
Jamie Oliver
Keller Williams-Jasper
List Price
$204,900
Sold Price
$199,000
Premium/Discount to List
-$5,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$195,395
Interest Rate
3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Wesson Stephen E $230,000 New Title Company Name
Wesson Stephen E $230,000 New Title Company Name
Duncan Shannon M $199,000 Stewart & Associates Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesson Stephen E $225,834
Closed Duncan Shannon M $225,834
Previous Owner Duncan Shannon M $195,395
Closed Duncan Shannon M $6,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $230,000 -4.0% $181 / Sq Ft
05/10/2021 05/10/21 For Sale $239,500 +20.4% $189 / Sq Ft
08/31/2020 08/31/20 Sold $199,000 -2.9% $157 / Sq Ft View Prior Sale
04/04/2020 04/04/20 For Sale $204,900 -- $161 / Sq Ft
Source: Greater Alabama MLS

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
2025 $497 $15,940 $3,500 $12,440
2024 $497 $14,840 $3,500 $11,340
2023 $497 $14,840 $3,500 $11,340
2022 $475 $14,230 $3,500 $10,730
2021 $383 $11,670 $3,500 $8,170
2020 $400 $11,760 $0 $0
2019 $397 $11,680 $0 $0
2018 $367 $10,780 $0 $0
2017 $367 $10,780 $0 $0
2016 $367 $10,780 $0 $0
2015 $367 $10,780 $0 $0
2014 $375 $11,040 $0 $0
2013 -- $11,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1284276

Greater Alabama MLS

APN: 30-06-24-0-000-069.048

Your Personal Tour Guide

Ask me questions while you tour the home.