$480,000
SOLD JUN 4, 2024

1148 Lakemont Dr N Gadsden, AL 35907

3 Beds
2 Baths
2,500 Sq Ft
0.59 Acres

Recently Sold

$192 Per Sq Ft

4% Below List Price

178 Days on Market

Highlights

  • Boathouse
  • 121 Feet of Waterfront
  • Second Kitchen
  • Southside Elementary School Rated 9+
  • Community Boat Launch
  • Fishing

About This Home

As of June 2024

This lovely lakefront home has a sunset view that is breathtaking and you can enjoy your morning coffee on the back deck or patio. It is the perfect place for summer fun with friends and family. Private pier with electric boat lift and 2 electric jet ski lifts to enjoy the beautiful year around water. This home features a great room with fireplace and large barn doors that open to the dining area with incredible views of the lake. This home also has 2 full sized kitchens one on main level and one downstairs. Downstairs is completely finished with a large den with wood burning stove and could be used as a separate apartment for guests or rental. This home also has an additional pier and fenced in yard that slightly slopes to lake and very large 2 car attached garage.

Last Agent to Sell the Property

Kay Zarzour

ERA King Real Estate - Birmingham Listed on: 10/27/2023

ERA King Real Estate - Birmingham

Last Buyer's Agent

Susan Palmer

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1969

Lot Details

  • 0.59 Acre Lot
  • 121 Feet of Waterfront
  • Fenced Yard
  • Interior Lot

Parking

  • 2 Car Garage
  • Garage on Main Level
  • Side Facing Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Electric Oven
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Water Skiing Allowed
  • Boathouse
  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Southside Elementary School
  • Rainbow Middle School
  • Southside High School

Utilities

  • Two cooling system units
  • Two Heating Systems
  • Programmable Thermostat
  • Power Generator
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • $27 Other Monthly Fees

Recreation

  • Community Boat Launch
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21369339?w=PubMLS
  • Living Area: 1250
  • Legal Description: H/S Base Year Beg Se Cor Lt 19 Green Valley Lake Est Unit 3 Plat G-343 Th Sw 120.04 Along Nw Row Lakemont Drive N Th Nw
  • List Price per Sq Ft: 388
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1969
  • Price Per Sq Ft: 192
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Fireplace Details: Blower Fan
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Garden Tub, Jetted Tub, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|DiningRoom1|FullBath1|MasterBR1|Bedroom1|2ndKitchB|DenB|BedroomB|FullBathB|LaundryB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: 2nd Kitchen, On Level: B
  • Room 8: Den/Family, On Level: B
  • Room 9: Bedroom, On Level: B
  • Room 10: Full Bath, On Level: B
  • Room 11: Laundry, On Level: B
  • Basement Rooms: 2nd Kitchen (LVL BSMT), Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Split Foyer: Yes
  • Basement Finished Sq Ft: 1250
  • Main Level Sq Ft: 1250

Exterior Features

  • Patio: Yes
  • Waterfront Name: NEELY HENRY
  • Construction: 2 Sides Brick
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Balcony, Boat House Private, Fenced Yard, Lighting System, Storage Building, Workshop (EXTR)
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 121
  • Water Heater: Tankless

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Parking (MLVL)

Utilities

  • Heating: Dual Systems (HEAT)
  • Cooling: Dual Systems (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2500

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Fishing, River, Skiing Allowed, Water Access

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 27
  • Garbage Fee Per: Monthly

Schools

  • Elementary School: SOUTHSIDE
  • Middle School: RAINBOW
  • High School: SOUTHSIDE

Lot Info

  • Assessor Parcel Number: 21-09-30-0-001-013.000
  • Lot Description: Interior Lot
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.59

Green Features

  • Energy Green Features: Ceiling Fans, Generator, Programmable Thermostat

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1118

MLS Schools

  • Elementary School: SOUTHSIDE
  • High School: SOUTHSIDE
  • Jr Middle School: RAINBOW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 14, 2017
Sold by
Schmidt Martin R and Schmidt Patricia A
Bought by
Hulsey Mark L and Hulsey Twana G
Seller's Agent
Sydney Gunter
Advantage Properties
Buyer's Agent
NonMLSmember MEMBER
NON VALLEYMLS OFFICE
List Price
$279,900
Sold Price
$238,000
Premium/Discount to List
-$41,900
-14.97%
Current Estimated Value
$464,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,733
Avg. Annual Appreciation
8.52%
Original Mortgage
$233,689
Interest Rate
3.89%

Purchase Details

Listed on
Jun 8, 2012
Closed on
Nov 15, 2012
Sold by
Houst Peter
Bought by
Schmidt Martin R and Schmidt Patricia A
Seller's Agent
Julie Nettleton
ERA King Real Estate - Birmingham
Buyer's Agent
Julie Nettleton
ERA King Real Estate - Birmingham
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$190,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Survivorship Deed $238,000 None Available
Survivorship Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $233,689 No Value Available
Closed $233,689 FHA
Closed $190,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $480,000 -1.0% $192 / Sq Ft
04/10/2024 04/10/24 Price Changed $485,000 -2.0% $194 / Sq Ft
01/11/2024 01/11/24 Price Changed $494,900 -1.0% $198 / Sq Ft
10/27/2023 10/27/23 For Sale $499,900 +49.2% $200 / Sq Ft
12/15/2021 12/15/21 Sold $335,000 0.0% $135 / Sq Ft
11/09/2021 11/09/21 For Sale $335,000 +40.8% $135 / Sq Ft
11/13/2017 11/13/17 Off Market $238,000 -- --
08/14/2017 08/14/17 Sold $238,000 -15.0% $98 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $279,900 0.0% $115 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $279,900 +47.3% $115 / Sq Ft
11/15/2012 11/15/12 Sold $190,000 -24.0% $52 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $249,900 -- $68 / Sq Ft
Source: Greater Alabama MLS

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 $1,376 $34,760 $7,780 $26,980
2023 $1,376 $34,740 $7,770 $26,970
2022 $1,118 $28,450 $7,770 $20,680
2021 $914 $23,480 $7,700 $15,780
2020 $914 $23,480 $0 $0
2019 $982 $23,940 $0 $0
2017 $875 $21,340 $0 $0
2016 $829 $20,220 $0 $0
2015 $829 $20,220 $0 $0
2013 -- $19,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21369339

Greater Alabama MLS

APN: 21-09-30-0-001-013.000