Discover elegant living in this stately brick residence, featuring 4 spacious bedrooms and 3½ baths. Step into a welcoming interior where fresh paint brightens the open-concept living room, anchored by a stunning fireplace and leading to an inviting deck—perfect for seamless indoor-outdoor entertaining. The chef's kitchen shines with modern updates, including sleek granite countertops, a professional gas range, and premium stainless steel appliances. Convenience meets luxury with a primary suite on the main level, complete with an ensuite bathroom, while upstairs, three generous bedrooms share two well-appointed bathrooms, including a practical jack-and-jill arrangement. The thoughtful floor plan places laundry facilities on the main level for easy access, and below, the unfinished basement presents endless possibilities, featuring a dedicated workspace with custom-built cabinets—ideal for a workshop or future finishing projects.
Property Details
Property Features
Property Information:
Year Built: 1997
Stories: 2
Living Area: 2,602 SqFt
Listing Office:
Office Name: Keller Williams Realty Hoover
Office Phone: (205) 822-2272
Listing Agent: Jerry Sager
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator, Stainless Steel Appliance(s), Gas Stove
Directions: From 459 Take Exit 6 toward Helena. Turn Right onto South Shades Crest Rd. Travel approximately 7 miles. Turn Left onto Lake Drive - home is on the Left.
Price Information
Listing Price Info
Price Summary:
List Price: $449,000
Price Per SqFt: $173/SqFt
Tax Information:
Annual Amount: $1,249
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bessemer, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,308
Per Month
Principal & Interest
$2,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,413
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
McAdory Elementary School
6251 Eastern Valley Rd
Distance between this listing and this school4.50 miles
Public District Grades PK-5
1
/10
Greenwood Elementary School
5012 Roselyn Rd
Distance between this listing and this school6.69 miles
Public District Grades KG-5
6
/10
McCalla Elementary School
2020 McCalla School Rd
Distance between this listing and this school6.82 miles
Public District Grades PK-5
Nearby Schools
3
/10
McAdory Middle School
5450 Yellow Jacket Blvd
Distance between this listing and this school5.54 miles
Public District Grades 6-8
6
/10
Helena Middle School
1299 Hillsboro Pkwy
Distance between this listing and this school6.94 miles
Public District Grades 6-8
2
/10
Bessemer City Middle School
100 High School Dr
Distance between this listing and this school8.28 miles
Public District Grades 6-8
Nearby Schools
3
/10
McAdory High School
4800 McAdory School Rd
Distance between this listing and this school5.72 miles
Public District Grades 9-12
7
/10
Helena High School
1310 Hillsboro Pkwy
Distance between this listing and this school7.11 miles
Public District Grades 9-12
7
/10
Thompson High School
1921 Warrior Dr
Distance between this listing and this school8.42 miles
The neighbors living near this home have an average income of $92,926. Most Bessemer, AL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8640 Lake Dr
What is the listing price of this property?
The listing price of 8640 Lake Dr property is $449,000.
What type of property is this?
The property 8640 Lake Dr is a house located in Bessemer, Alabama, 35022.
Is this property for sale now?
Active Listing: 8640 Lake Dr 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 2020 is $1,249 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 3, 2020 for $284,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8640 Lake Dr has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 8640 Lake Dr is 2,602 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8640 Lake Dr is 1997.
This home is located at 8640 Lake Dr in Bessemer, AL and zip code 35022. This 2,602 square foot home, which was built in 1997, sits on a 0.52 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $449,000.
While more than 12 listings in Bessemer, AL in November 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 31 were sold below. In November 2024 in Bessemer, AL there were 8.9% more homes for sale than in October 2024. While the average time on the market in November 2024 was 35 days, the median list price was $200,950.
From Rocket Homes Real Estate and based on county public records data.