Check Availability

2468 Forest Lakes Lane

2468 Forest Lakes Lane, Sterrett, AL 35147
House in Shelby
Sold Aug 15, 2019
$147,250
$110,000 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2049
Sold Dec 17, 2014
$118,000
$120,408 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2045
Local assessors in Sterrett, AL have categorized 2468 Forest Lakes Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 4,792 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2468 Forest Lakes Lane has a total of 1,171 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2468 Forest Lakes Lane was last sold in Aug 13, 2019 for $147,250. According to our calculations, that's $125.75 per sqft. Prior to that sales transaction, the property was sold for $118,000 in Dec 9, 2014. Current property owners are expected to pay $809 in taxes per year. The property on 2468 Forest Lakes Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,320. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,171
  • Building Area: 1,171
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,171
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES SEC 10
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 15 19S 01W 2012 ANNEX ORD X 11 06 21 574 NBRHD: 17 FOREST LAKES COTTAGES R-2

Ownership

  • Current Owner : ADAMS AMY
  • Previous Owner : BAKER JESSICA R
  • Previous Owner 2: BAKER RYAN M
  • Owner Before Previous Owner: LEPORE ANTHONY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030215

Geography

  • Assessors Map Reference: MP 31 PG 025
  • District: 17
  • Parcel: 095150001034000
  • Lot: 553
  • Meridian: SEC 15 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3732
  • Longitude: -86.6287

    Address

  • Full Address: 2468 Forest Lakes Ln
  • Address - House Number: 2468
  • Address - Street Name: Forest Lakes
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Sterrett
  • Carrier Code: R003
  • 4-Digit Zip Code: 8160
  • Zip Code: 35147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 232,723
  • High Value: 276,418
  • Low Value: 189,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 15, 2019
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $193,100
  • Market Land Value: $57,000
  • Market Improvement Value: $136,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Transaction ID: 11636440679
  • Current Sale Price: $147,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190815000296260
  • Previous Sale Recording Date: Dec 17, 2014
  • Previous Sale Contract Date: Dec 09, 2014
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 15, 2019
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 17, 2014
  • Previous Mortgage Loan Amount: $120,408
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Chelsea



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 201 Chesser Way, CHELSEA, AL, 35043

$1,699 /mo

  • 3 Beds
  • 2 Baths
201 Chesser Way, CHELSEA, AL, 35043 Listing by Chuck Sparks
Unit for rent at 480 Polo Trace, Chelsea, AL, 35043

$1,995 /mo

  • 5 Beds
  • 3 Baths
  • 2,381 ft²
480 Polo Trace #480 Polo Trace, Chelsea, AL, 35043 Listing by Manager

Frequently Asked Questions

What neighborhood is 2468 Forest Lakes Lane located in?
The 2468 Forest Lakes Lane is a house located in the neighborhood of Shelby in Chelsea, Sterrett.
What is the average sales price for listings in 2468 Forest Lakes Lane?
The average sales price for units in 2468 Forest Lakes Lane is $0 currently.

Quantcast