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482 Forest Lakes Drive

482 Forest Lakes Drive, Sterrett, AL 35147
Property in Shelby
Sold Jun 23, 2004
$182,900
$137,175 by New South Fsb
Mortgage Due Jun 01, 2034
Local assessors in Sterrett, AL have categorized 482 Forest Lakes Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 14,985 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 750 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 482 Forest Lakes Drive has a total of 2,222 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 482 Forest Lakes Drive was last sold in Jun 14, 2004 for $182,900. According to our calculations, that's $82.31 per sqft. Current property owners are expected to pay $1,442 in taxes per year. The property on 482 Forest Lakes Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,700. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES SEC 3 PH 2
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 22 19S 01W NBRHD: 17 FOREST LAKES R-2

Ownership

  • Current Owner : BROWN WALLACE E
  • Current Owner 2: MEI MAGGIE JIE
  • Previous Owner : AMERICAN HOMES & LAND CORP
  • 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 32 PG 026
  • District: 17
  • Parcel: 095220007009000
  • Lot: 152
  • Meridian: SEC 22 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3697
  • Longitude: -86.6336

    Address

  • Full Address: 482 Forest Lakes Dr
  • Address - House Number: 482
  • Address - Street Name: Forest Lakes
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Sterrett
  • Carrier Code: R003
  • 4-Digit Zip Code: 8166
  • Zip Code: 35147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,442

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 356,748
  • High Value: 413,320
  • Low Value: 300,176

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $244,675
  • First Open Lien Mortgage Lender: NEW SOUTH FSB
  • First Open Lien Mortgage Recording Date: Jun 23, 2004
  • First Open Lien Mortgage Loan Amount: $137,175
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Nov 24, 2021
  • Second Open Lien Mortgage Loan Amount: $107,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $336,870
  • Market Land Value: $68,000
  • Market Improvement Value: $268,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2004
  • Current Sale Recording Date: Jun 23, 2004
  • Current Sale Transaction ID: 1004800343
  • Current Sale Price: $182,900
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 20040623000341490

    Last Sale Mortgage

  • First Mortgage Lender: NEW SOUTH FSB
  • First Mortgage Transaction Date: Jun 23, 2004
  • First Mortgage Loan Amount: $137,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2034

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Frequently Asked Questions

What neighborhood is 482 Forest Lakes Drive located in?
The 482 Forest Lakes Drive is a located in the neighborhood of Shelby in Chelsea, Sterrett.
What is the average sales price for listings in 482 Forest Lakes Drive?
The average sales price for units in 482 Forest Lakes Drive is $0 currently.

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