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700 Forest Lakes Drive

700 Forest Lakes Drive, Sterrett, AL 35147
House in Shelby
Sold Jul 19, 2021
$245,000
$230,000 by Alabama Home Mortgage Loans In
Mortgage Due Aug 01, 2051
Sold Sep 13, 2012
$146,000
$141,620 by Compass Bank
Mortgage Due Sep 01, 2042
700 Forest Lakes Drive in Sterrett, AL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 700 Forest Lakes Drive has 1,402 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 607 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 12,327 square feet.

Learn more about the property and building on this page. There is a screened porch. For those who need parking, there is a attached garage. The garage is 483 sqft. There are a total of 2 available parking spaces. 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, 700 Forest Lakes Drive sold most recently in Jul 13, 2021 for a total of $245,000. If you work out the math, that's approximately a cost of $174.75 per sqft. Before that, the property was also sold for $146,000 in Aug 30, 2012. 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 $1,055 in taxes each year. 700 Forest Lakes Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,920. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 483
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 12,327
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 607
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST LAKES SECTOR 5
  • Land Acres: 0.283
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 21 19S 01W NBRHD: 17 FOREST LAKES R-2

Ownership

  • Current Owner : CHANDLER LINDSAY ALEXANDER
  • Previous Owner : BONNER CAITLIN OLIVIA
  • Owner Before Previous Owner: BOYLES JODY KEITH
  • Owner Before Previous Owner 2: BOYLES AMANDA MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: MP 34 PG 122
  • District: 17
  • Parcel: 095210000001367
  • Lot: 393
  • Meridian: SEC 21 TWN 19S RNG 01W
  • Municipality: CHELSEA
  • Latitude: 33.3619
  • Longitude: -86.6421

    Address

  • Full Address: 700 Forest Lakes Dr
  • Address - House Number: 700
  • Address - Street Name: Forest Lakes
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Sterrett
  • Carrier Code: R003
  • 4-Digit Zip Code: 8190
  • Zip Code: 35147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,055

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 282,362
  • High Value: 328,504
  • Low Value: 236,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: ALABAMA HOME MORTGAGE LOANS IN
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $230,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $249,200
  • Market Land Value: $68,000
  • Market Improvement Value: $181,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11843462195
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210719000349830
  • Previous Sale Recording Date: Sep 13, 2012
  • Previous Sale Contract Date: Aug 30, 2012
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALABAMA HOME MORTGAGE LOANS IN
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Sep 13, 2012
  • Previous Mortgage Loan Amount: $141,620
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2042

About Chelsea



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Frequently Asked Questions

What neighborhood is 700 Forest Lakes Drive located in?
The 700 Forest Lakes Drive is a house located in the neighborhood of Shelby in Chelsea, Sterrett.
What is the average sales price for listings in 700 Forest Lakes Drive?
The average sales price for units in 700 Forest Lakes Drive is $0 currently.

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