5 months on rocket

250 L And M Trce, Shelby, AL, 35143

$690,000

Home List Price

$8,194*

Closing Credit

3 Bedrooms
3 Full Baths
2,736 SqFt
$252/SqFt
House

Location

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250 L And M Trce, Shelby$690,000

Buyer Closing Credits

$8,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Basement Parking, Detached, Driveway Parking, Lower Level
Attached Garage1 space
Year Built1997
HeatingCentral, Electric, Heat Pump, Other
CoolingCentral Air, Electric, Ceiling Fan(s)
BasementYes
FireplaceGas (FIREPL), Ventless
ViewLake
MLS #21391144
Lot Size0.30 Acres
StatusActive

About 250 L And M Trce

WELCOME to this exceptional 3 BR 3 BA lake house situated perfectly for breathtaking panoramic views of Lay Lake! The entire interior has been totally renovated in 2024! The floorplan allows for 2 families to enjoy & interact & then retreat to their very own complete private oasis w/2 separate full kitchens which include new SS Whirlpool appliances. This home has a complete main level living & complete downstairs living area. Two separate entrances for total privacy. Home has an elevator for ease but no interior stairs. Wraparound deck. Would be perfect for a VRBO, etc. All brick & low maintenance. New 50 gal.hot water heater. There is an existing "Legacy" boathouse dedicated to the property with one half ownership. However, dock & boathouse are in need of repair. If granted, any repairs & permits would have to be approved by Alabama Power Company. This well established neighborhood is very convenient and only a short drive from the Birmingham area via I-65 or Hwy 280.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Stories: 2
  • Living Area: 2,736 SqFt

Listing Office:

  • Office Name: LAKE HOMES REALTY LLC dba LHR of West Alabama
  • Office Phone: (866) 525-3466
  • Listing Agent: Nicole Anderson

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Dishwasher, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Ceiling Fan(s), ENERGY STAR Qualified Appliances
  • Basement: Yes
  • Flooring Type: Hardwood Laminate
  • Interior: Elevator, Recess Lighting
  • Fireplace: Gas (FIREPL), Ventless

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Basement Parking, Detached, Driveway Parking, Lower Level

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Few Trees, Subdivision
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump, Other
  • Cooling: Central Air, Electric, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Columbiana take Hwy 47 South, Turn Left on Hwy 46 for 2.3 miles to dead end, intersection Hwy 71. Turn Left only Hwy 71 North for 0.4 miles. Turn Right onto L and M Trace to last house on right at end of cul de sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $690,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $656
  • Tax Year: 2017
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Housing Market Comparison

See how this home compares to others in Shelby, AL.

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Shelby, AL

City

Med. List Price

$489.9K

Med. Price/SqFt

$279

Avg. Days On Market

64

250 L And M Trce vs Shelby

170 DAYS ON ROCKET

+106 Days

$690,000

+$200.1K More

$252/SqFt

-$27 Less

KEY TAKEAWAY

This property is $200.1K more than the Median List Price and $27/SqFt less than other homes in Shelby, AL.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #21391144

Listing Office:

  • Office Name: LAKE HOMES REALTY LLC dba LHR of West Alabama
  • Office Phone: (866) 525-3466
  • Listing Agent: Nicole Anderson

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $24,240
2019 - $24,440
2018 - $24,880
2017$656$22,500

History based on county public records data.

Payment Calculator

$3,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,135

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1679219
8
/10

  • Shelby Elementary School

  • 19099 Highway 145

  • 1.92 miles

  • Public District Grades KG-5

school-card-donut-1679220
5
/10

  • Elvin Hill Elementary School

  • 201 Washington St

  • 6.99 miles

  • Public District Grades KG-5

school-card-donut-1679221
9
/10

  • Wilsonville Elementary School

  • 71 School St

  • 10.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,707. Most Shelby, AL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 250 L And M Trce

What is the listing price of this property?

The listing price of 250 L And M Trce property is $690,000.

What type of property is this?

The property 250 L And M Trce is a house located in Shelby, Alabama, 35143.

Is this property for sale now?

Active Listing: 250 L And M Trce is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2017 is $656 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 250 L And M Trce has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 250 L And M Trce is 2,736 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 250 L And M Trce is 1997.

Rocket Homes›Alabama›Shelby County›Shelby›35143›250 L And M Trce

This home is located at 250 L And M Trce in Shelby, AL and zip code 35143. This 2,736 square foot home, which was built in 1997, sits on a 0.30 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $690,000.

The number of homes for sale in Shelby, AL decreased by 30% between October 2024 and November 2024. Listings spent 64 days on the market in November 2024, and had a median list price of $489,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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