$125,000
SOLD MAY 13, 2020

83 Lakeside Way Lincoln, AL 35096

3 Beds
2 Baths
1,560 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

14% Below List Price

75 Days on Market

Highlights

  • Bonus Room
  • 2 Car Attached Garage
  • Home Security System
  • Fenced Yard
  • Screened Patio
  • Laundry Room

About This Home

As of May 2020

Here is an affordable all brick home, conveniently located near the water, with easy interstate access. The bonus room upstairs is large and has its own hvac system. The master bedroom includes tray ceiling and lots of light. Master bath has a twin vanity, soaker tub and separate shower. Enjoy the dining room just off the kitchen. The kitchen includes an eating area. Screened in patio overlooking the private and fenced back yard. Property is owned by the US Dept of HUD. Case number 011-860370, subject to Appraisal IE. Seller makes no representation or warranties as to the property condition. HUD homes are sold “As-Is”. Pre-1978 Properties to include LBP Notices. Equal Housing Opportunity. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request. All property inquiries will be answered within 24 hours. Right of redemption may apply, buyer and buyer agent should confirm all data on this listing. Lead Paint notice required.

Last Agent to Sell the Property

Greg Butler

Butler Realty, LLC Listed on: 01/03/2020

Last Buyer's Agent

Andrea Moates

Smith Lake Rentals & Sales License #109554-1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 2008

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Home Security System

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • 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

  • Screened Patio

Utilities

  • Two cooling system units
  • Two Heating Systems
  • Underground Utilities
  • Electric Water Heater

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 09-01-12-0-000-002.038

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1560
  • Legal Description: 60' X 100' LOT 26 LAKESIDE COTTAGES S/D PB 7 PG 46 0.14 AC(C) SEC 12 T17S R4E
  • List Price per Sq Ft: 92.95
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2008
  • Price Per Sq Ft: 80.13
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|MasterBR1|MasterBath1|Kitchen1|DiningRoom1|Bedroom1|Bedroom1|FullBath1|Laundry1|Bonus2|
  • Room 1: Living, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Room 10: Bonus, On Level: 2
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bonus (LVL 2+)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1518
  • Upper Level Sq Ft: 42

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Screened (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

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

Utilities

  • Heating: Dual Systems (HEAT)
  • Cooling: Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1560

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 45
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: LINCOLN
  • Middle School: DREW, CHARLES R
  • High School: LINCOLN

Lot Info

  • Assessor Parcel Number: 09-01-12-0-000-002.038
  • Number Acres: 0.12

Tax Info

  • Tax Database Id: 1
  • Tax District: LINCOLN
  • Annual Tax: 515
  • Assessor Parcel Number: 01121-09-01-12-0-000-002.038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
May 19, 2020
Sold by
Secretary Of Housing And Urban Developme
Bought by
Terrell Jerry W
Seller's Agent
Greg Butler
Butler Realty, LLC
Buyer's Agent
Andrea Moates
Smith Lake Rentals & Sales
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$118,750
Outstanding Balance
$105,688
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$131,348

Purchase Details

Closed on
Nov 27, 2019
Sold by
Money Source Inc
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Nov 1, 2019
Sold by
James Trenton D and James Kadria N
Bought by
Money Source Inc
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 Type Sale Price Title Company
Warranty Deed $125,000 Hill Gossett Kemp & Hufford Pc
Warranty Deed $125,000 Hill Gossett Kemp & Hufford Pc
Special Warranty Deed -- Servicelink
Foreclosure Deed $124,640 Stephens Millirons Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,750 New Conventional
Closed $118,750 New Conventional
Closed $118,750 New Conventional
Previous Owner $147,184 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $235,000 +88.0% $121 / Sq Ft
05/13/2020 05/13/20 Sold $125,000 -13.8% $80 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $145,000 -3.3% $93 / Sq Ft
04/12/2017 04/12/17 Sold $149,900 -5.9% $96 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $159,220 -- $102 / 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 $790 $21,400 $3,270 $18,130
2023 $790 $18,250 $3,270 $14,980
2022 $539 $14,980 $2,040 $12,940
2021 $539 $14,980 $2,040 $12,940
2020 $588 $16,220 $0 $0
2019 $588 $16,220 $0 $0
2018 $515 $14,360 $0 $0
2017 $496 $13,880 $0 $0
2016 $496 $13,880 $0 $0
2015 $496 $13,880 $0 $0
2014 $495 $13,840 $0 $0
2013 -- $13,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 870631

Greater Alabama MLS

APN: 09-01-12-0-000-002.038