NOT LISTED FOR SALE

1012 Ponderosa Ln Alexander City, AL 35010

Estimated Value: $344,000 - $405,000

4 Beds
3 Baths
3,191 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $175,000 $55 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,072/month

53 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • William L. Radney Elementary School Rated 9+
  • Wood Flooring
  • Porch

About This Home

As of February 2016

Check out this wonderful home on a large lot! Tons of space to spread out and grow! 4 bedrooms, 3.5 baths. Detached garage/workshop. Hardwood floors, upgraded Kitchen & baths HUD Owned. Sold ''As-is''. No Warranty. Equal Housing Opportunity. FHA financing: Insured. FHA case number:011-709111

Last Agent to Sell the Property

Frank Nelson

Lakes & Land, LLC License #54058 Listed on: 11/17/2015

Last Buyer's Agent

Cindy Ioimo

Lake Area Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1989

Lot Details

  • 0.65

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Siding

Interior Spaces

  • 3,191 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • Fenced
  • Heat Pump System

Community Details

  • Morningside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62 05 05 22 1 001 078.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: N/A
  • Subdivision Name: Morningside
  • Directions: From downtown. Start out west on Tallapoosa St. Turn right onto AL-22. Turn slight right on Main St. Turn left onto Dobbs Rd. Take the first left onto Morningside Dr. Home is on the right
  • Architectural Style: Traditional
  • Building Area Total: 3191.0
  • Building Stories: 2
  • Year Built: 1989
  • Roof: Composition: Yes
  • Floors: Partial Carpet: Yes
  • Exterior: Patio: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Floors: Wood Floors: Yes
  • Appliances Refrigerators: Yes
  • Siding Siding: Yes
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Siding
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 3
  • General Property Description:Garage Remarks2: Attached

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 62 05 05 22 1 001 078.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 12, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Kim Sanghyun and Lee Jeongeun
Seller's Agent
Frank Nelson
Lakes & Land, LLC
Buyer's Agent
Cindy Ioimo
Lake Area Realty
List Price
$196,000
Sold Price
$175,000
Premium/Discount to List
-$21,000
-10.71%
Current Estimated Value
$376,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,422
Avg. Annual Appreciation
8.29%
Original Mortgage
$140,000
Outstanding Balance
$61,887
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,535

Purchase Details

Closed on
Mar 31, 2009
Sold by
Townes Jack D and Townes Linda
Bought by
Pasley James R and Oliver Danita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Sanghyun $175,000 --
Pasley James R $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sanghyun $140,000
Previous Owner Pasley James R $259,570
Previous Owner Pasley James R $34,000
Previous Owner Pasley James R $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $175,000 -- --
02/12/2016 02/12/16 Sold $175,000 -10.7% $55 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $196,000 -- $61 / Sq Ft
Source: Lake Martin Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,010 $26,940 $2,600 $24,340
2023 $1,035 $55,140 $5,200 $49,940
2022 $1,035 $55,148 $5,200 $49,948
2021 $983 $52,444 $5,200 $47,244
2020 $983 $262,220 $0 $0
2019 $983 $262,220 $0 $0
2018 $983 $262,220 $0 $0
2017 $983 $262,220 $0 $0
2016 $1,804 $239,840 $0 $0
2015 $899 $239,840 $0 $0
2014 $899 $239,840 $0 $0
2013 -- $239,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Nelson

    Lakes & Land, LLC

    (334) 750-5570

    37 Total Sales

    Frank Nelson
    Section Image

  • C

    Buyer's Agent in 2016

    Cindy Ioimo

    Lake Area Realty

See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 15-1200

APN: 05-05-22-1-001-078.0000

Alabama Tallapoosa County Alexander City 35010

1012 Ponderosa Ln, Alexander City, AL

This home is located at 1012 Ponderosa Ln, Alexander City, AL 35010 since 17 November 2015 and is currently estimated at $376,422, approximately $117 per square foot. This property was built in 1989. 1012 Ponderosa Ln is a home located in Tallapoosa County with nearby schools including Jim Pearson Elementary School, N.H. Stephens Elementary School, and Alexander City Middle School.

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