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5944 Forest Lakes Cove

5944 Forest Lakes Cove, Sterrett, AL 35147
Property in Shelby
Sold Apr 21, 2020
$190,000
$155,000 by Usaa Fsb
Mortgage Due May 01, 2050
Sold Dec 17, 2015
$135,000
$134,600 by Compass Bank
Mortgage Due Jan 01, 2046
5944 Forest Lakes Cove has been categorized by the local assessors in Sterrett, AL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5944 Forest Lakes Cove has 1,460 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,326 ft and across the front of the lot is 604 ft. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5944 Forest Lakes Cove sold most recently in Apr 15, 2020 for a total of $190,000. If you work out the math, that's approximately a cost of $130.14 per sqft. Before that, the property was also sold for $135,000 in Dec 11, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,078 in taxes each year. 5944 Forest Lakes Cove was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,326
  • Lot Size Frontage Feet: 604
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES SEC 4
  • Land Acres: 0.19
  • 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 : GREEN MATTHEW
  • Previous Owner : FREEMAN MINDY KIM
  • Owner Before Previous Owner: THE SECRETARY OF HOUSING & URBAN DEVELOP
  • 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 33 PG 025
  • District: 17
  • Parcel: 095220008018000
  • Lot: 289
  • Meridian: SEC 22 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3619
  • Longitude: -86.6386

    Address

  • Full Address: 5944 Forest Lakes Cv
  • Address - House Number: 5944
  • Address - Street Name: Forest Lakes
  • Address - Suffix Type: Cv
  • State: AL
  • City Name: Sterrett
  • Carrier Code: R003
  • 4-Digit Zip Code: 8176
  • Zip Code: 35147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,078

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 278,194
  • High Value: 323,655
  • Low Value: 232,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Apr 21, 2020
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $254,400
  • Market Land Value: $68,000
  • Market Improvement Value: $186,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11755948032
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200421000155940
  • Previous Sale Recording Date: Dec 17, 2015
  • Previous Sale Contract Date: Dec 11, 2015
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Apr 21, 2020
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Dec 17, 2015
  • Previous Mortgage Loan Amount: $134,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About Chelsea



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Nearby Rentals

Unit for rent at 2419 Forest Lakes Lane, STERRETT, AL, 35147

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
2419 Forest Lakes Lane, STERRETT, AL, 35147 Listing by Christi Knowles

Frequently Asked Questions

What neighborhood is 5944 Forest Lakes Cove located in?
The 5944 Forest Lakes Cove is a located in the neighborhood of Shelby in Chelsea, Sterrett.
What is the average sales price for listings in 5944 Forest Lakes Cove?
The average sales price for units in 5944 Forest Lakes Cove is $0 currently.

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