$276,000
SOLD MAR 3, 2025

87 Elm Way Lincoln, AL 35096

4 Beds
3 Baths
2,046 Sq Ft
0.26 Acres

Recently Sold

$135 Per Sq Ft

1% Below List Price

109 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Great Room
  • Fenced Yard
  • Attic
  • Solid Surface Countertops
  • Porch

About This Home

As of March 2025

With a perfect location near the heart of Lincoln, Honda plant and Lincoln schools, this MOVE-IN READY 4 BR, 3 full BA home is waiting to welcome new owners and is situated on an interior lot in family-friendly Grandview Estates. Step into an open floor plan featuring nice LVP floors, a freshly-painted neutral color palette, and a beautiful eat-in kitchen with granite countertops and stainless appliances. The split floor plan features 2 carpeted bedrooms with a full BA on one side of common living space and a primary ensuite on the other, offering both a stand-up shower as well as a tub and separate water closet. Upstairs you will find another BR, walk-in closet and full bath. A spacious laundry room on main level is centrally located for convenience. A roomy 2-car garage offers parking as well as storage. Outside is a flat patio and fenced-in backyard providing privacy and an extended space for outdoor living. Note that some images have been virtually staged to see space potential.

Last Agent to Sell the Property

Phyllis Taylor

United Country Real Estate - Taylor Real Estate S Listed on: 10/04/2024

Last Buyer's Agent

Christi Collins

New Western

New Western

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Interior Lot

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Patio
  • Porch

Schools

  • Lincoln Elementary And Middle School
  • Lincoln High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21399321?w=PubMLS
  • Living Area: 2046
  • Legal Description: 84.79' X 144.02' IRR LOT 87 GRANDVIEW ESTATES S/D PB 7 PG 47 0.26 AC SEC 21 T16S R5E
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Interior Amenities: Security System, Split Bedroom
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |GreatRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|Laundry1|Bedroom2|FullBath2|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, 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
  • Room 8: Laundry, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (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+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Electric, Disposal, Oven-Electric, Self-Cleaning, Refrigerator, Stove-Electric
  • Kitchen Features: 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: Walk-In
  • Main Level Sq Ft: 1518
  • Upper Level Sq Ft: 528

Exterior Features

  • Patio: Yes
  • Construction: Siding-Vinyl
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2046
  • Internet Service Availability: Yes
  • Internet Service Provider: Verizon

Condo/Co-op/Association

  • Amenities: Street Lights

Lot Info

  • Assessor Parcel Number: 03-05-21-0-000-054.086
  • Lot Description: Interior Lot, Subdivision
  • Number Acres: 0.26

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Programmable Thermostat, Storm Door

Tax Info

  • Tax District: LINCOLN

MLS Schools

  • Elementary School: LINCOLN
  • High School: LINCOLN
  • Jr Middle School: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Mar 3, 2025
Sold by
Smith Michael and Zayas-Taylor Lea
Bought by
Cotton Chris
Seller's Agent
Phyllis Taylor
United Country Real Estate - Taylor Real Estate S
Buyer's Agent
Christi Collins
New Western
List Price
$279,000
Sold Price
$276,000
Premium/Discount to List
-$3,000
-1.08%
Views
551
Current Estimated Value
$277,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,653
Avg. Annual Appreciation
0.79%
Original Mortgage
$271,000
Outstanding Balance
$269,613
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$8,040

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 27, 2023
Sold by
Harris Jeremy W
Bought by
Smith Michael and Smith Lea
Seller's Agent
Phillip Winkles
Keller Williams Realty Group
Buyer's Agent
Phillip Winkles
Keller Williams Realty Group
List Price
$244,900
Sold Price
$252,000
Premium/Discount to List
$7,100
2.9%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$257,796
Interest Rate
6.15%
Mortgage Type
VA

Purchase Details

Listed on
Jul 22, 2020
Closed on
Jun 2, 2021
Sold by
Charles Hawkins
Bought by
Harris Jermey W
Seller's Agent
Barbara Turbville
eXp Realty, LLC Central
Buyer's Agent
Barbara Turbville
eXp Realty, LLC Central
List Price
$234,900
Sold Price
$232,000
Premium/Discount to List
-$2,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$232,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2019
Sold by
Victor Cameron and Victor Luella
Bought by
Hawkins Charles

Purchase Details

Closed on
Jul 23, 2018
Sold by
Kenneth Gaither
Bought by
Hawkins Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $276,000 None Listed On Document
Warranty Deed $276,000 None Listed On Document
Warranty Deed $252,000 --
Warranty Deed $252,000 None Listed On Document
Warranty Deed $232,000 Pruitt Tudisco & Richardson Pc
Quit Claim Deed $94,500 Rice Rice & Smith Pc
Warranty Deed $35,000 Pruitt & Richardson Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,000 FHA
Closed $271,000 FHA
Previous Owner $257,796 VA
Previous Owner $232,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $276,000 +2.3% $135 / Sq Ft
11/30/2024 11/30/24 Price Changed $269,900 -1.5% $132 / Sq Ft
11/07/2024 11/07/24 Price Changed $274,000 -1.8% $134 / Sq Ft
10/04/2024 10/04/24 For Sale $279,000 +10.7% $136 / Sq Ft
02/27/2023 02/27/23 Sold $252,000 +2.9% $123 / Sq Ft View Prior Sale
01/20/2023 01/20/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $244,900 +5.6% $120 / Sq Ft
06/01/2021 06/01/21 Sold $232,000 +0.9% $122 / Sq Ft View Prior Sale
04/14/2021 04/14/21 Pending -- -- --
03/04/2021 03/04/21 Price Changed $229,900 -6.2% $120 / Sq Ft
02/22/2021 02/22/21 Price Changed $245,000 -2.0% $128 / Sq Ft
09/10/2020 09/10/20 Price Changed $249,900 +6.4% $131 / Sq Ft
07/22/2020 07/22/20 For Sale $234,900 -- $123 / 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 $825 $22,310 $2,460 $19,850
2023 $825 $22,310 $2,460 $19,850
2022 $932 $25,040 $2,460 $22,580
2021 $192 $4,920 $4,920 $0
2020 $82 $2,100 $0 $0
2019 $82 $2,100 $0 $0
2018 $82 $2,100 $0 $0
2017 $82 $2,100 $0 $0
2016 $82 $2,100 $0 $0
2015 $82 $2,100 $0 $0
2014 $82 $2,100 $0 $0
2013 -- $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21399321

Greater Alabama MLS

APN: 03-05-21-0-000-054.086