NOT LISTED FOR SALE

121 Ledges Trail Alexander City, AL 35010

Estimated Value: $706,835 - $910,000

3 Beds
3 Baths
1,270 Sq Ft
$641/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $525,000 $413 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,476/month

194 Days on Market

Highlights

  • Pier
  • Boat Slip
  • Covered Deck
  • Reeltown Elementary School Rated 9+
  • Waterfront
  • Wooded Lot

About This Home

As of November 2020

Great Lake Living Made Easy! This Beautiful 3BR/2.5BA Fully Furnished End Unit Allows You To Enjoy All The Ridge Amenities Including Tennis Courts, Fitness Center, Swimming Pools and Walking Trails.

Last Agent to Sell the Property

Becky Haynie

Lake Martin Realty - Willow Point License #86284 Listed on: 02/13/2020

Last Buyer's Agent

Becky Haynie

Lake Martin Realty - Ourtown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Fenced
  • Sprinkler System
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Architectural Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Boat Slip
  • Covered Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Propane
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 03 07 0 003 005.000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,511

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: From Hwy 63 South turn onto Windermere Rd. Then right into The Ridge. Go to the security gate then turn left on North Ridge - you will see the Ledges entry on your right (Ledges Trail). Building 2, Unit A.
  • Architectural Style: Townhouse
  • Building Stories: 2
  • Year Built: 2007
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Central( Elec)2: Yes
  • Exterior: Patio: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Siding: Hardi-plank: Yes
  • Floors: Wood Floors: Yes
  • Utilities Fuel: Propane: Yes
  • Exterior: Covered Deck: Yes
  • Sewage: Community Sewer: Yes
  • Exterior: Sprinkler: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Foundation: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Boat Slip, Seawall
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Shrubs, Sprinkler
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat Slip: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 1
  • General Property Description:Garage Remarks2: Attached

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Utilities: Propane, Cable Available
  • Heating:Central (Elec): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 08 03 07 0 003 005.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Nov 13, 2020
Sold by
Chesnutt Charles A and Chesnutt Erin M
Bought by
Falgiano Lauren
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Becky Haynie
Lake Martin Realty - Ourtown
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Current Estimated Value
$813,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,459
Avg. Annual Appreciation
9.37%
Original Mortgage
$472,500
Outstanding Balance
$420,458
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$393,001

Purchase Details

Listed on
Jan 6, 2012
Closed on
May 24, 2012
Sold by
Gentile Anthony
Bought by
Chesnutt Charles A
Seller's Agent
Terry Parker
Lake Martin Realty - Ourtown
Buyer's Agent
Becky Haynie
Lake Martin Realty - Ourtown
List Price
$495,000
Sold Price
$403,850
Premium/Discount to List
-$91,150
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
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
Falgiano Lauren $525,000 None Available
Chesnutt Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falgiano Lauren $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Off Market $403,850 -- --
06/22/2023 06/22/23 Off Market $525,000 -- --
11/13/2020 11/13/20 Sold $525,000 -1.9% $413 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $535,000 +32.5% $421 / Sq Ft
05/18/2012 05/18/12 Sold $403,850 -18.4% $318 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $495,000 -- $390 / 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 $2,511 $98,440 $0 $0
2023 $2,511 $492,200 $100,000 $392,200
2022 $2,647 $105,860 $20,000 $85,860
2021 $1,288 $103,000 $20,000 $83,000
2020 $1,145 $45,770 $10,000 $35,770
2019 $966 $38,620 $10,000 $28,620
2018 $1,080 $45,700 $12,500 $33,200
2017 $982 $39,280 $12,503 $26,777
2016 $1,032 $39,270 $12,500 $26,770
2014 $1,026 $390,300 $125,000 $265,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-194

APN: 08-03-07-0-003-005000-0