NOT LISTED FOR SALE

123 Ledges Trail Alexander City, AL 35010

Estimated Value: $734,844 - $1,030,000

5 Beds
4.5 Baths
3,937 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $647,500 $164 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,657/month

4 Days on Market

Highlights

  • Waterfront
  • Reeltown Elementary School Rated 9+
  • 1 Car Attached Garage

About This Home

As of June 2022

If you love easy lake living and you love all your family and friends to come--this townhome will speak to you. Most furnishings remained-handsomely and impeccably decorated by local interior designer. 2 Master suites would easily allow 2 family owner. Come see--come enjoy Lake Martin. Call for your personal tour.

Last Agent to Sell the Property

India Davis

Lake Martin Realty - Willow Point Listed on: 03/24/2022

Co-Listed By

Sawyer Davis

Lake Martin Realty - Willow Point

Last Buyer's Agent

J. Davis

Three Sixty East Alabama License #000114577-1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 2007

Lot Details

  • Waterfront

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 3,937 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • The Ridge Ledges Of The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 03 07 0 003 006.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: lmrwillowpt
  • Subdivision Name: The Ridge - Ledges of the Ridge
  • Directions: Take Hwy 63 to Windermere Road. Right at the entrance to The Ridge. Go past guard house to round a bout. Take North Ridge. Go 200 yards. Ledges entrance on right. 123 Ledges Trail is in 2nd building on the left B Unit
  • Architectural Style: Townhouse
  • Building Area Total: 3937.0
  • Building Stories: 3
  • Year Built: 2007
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Waterfront
  • Waterfront: No

Garage/Parking

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

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 08 03 07 0 003 006.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 24, 2022
Sold by
Griffin Kenneth and Griffin Susan
Bought by
Sharpe Carl
Seller's Agent
India Davis
Lake Martin Realty - Willow Point
Buyer's Agent
India Davis
Lake Martin Realty - Willow Point
List Price
$660,000
Sold Price
$647,500
Premium/Discount to List
-$12,500
-1.89%
Current Estimated Value
$870,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,961
Avg. Annual Appreciation
9.07%
Original Mortgage
$300,000
Outstanding Balance
$278,704
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$591,757

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jul 1, 2019
Sold by
Phelps William B and Phelps Lois Barnum
Bought by
Griffin Kenneth and Griffin Susan
Seller's Agent
India Davis
Lake Martin Realty - Willow Point
Buyer's Agent
India Davis
Lake Martin Realty - Willow Point
List Price
$525,000
Sold Price
$483,000
Premium/Discount to List
-$42,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Listed on
Aug 30, 2017
Closed on
Jan 16, 2018
Sold by
Harvey Frances R
Bought by
Phelps William B and Phelps Lois Barnum
Seller's Agent
David Mitchell
Lake Martin Realty - Dadeville
Buyer's Agent
John Coley
Lake Martin Voice Realty
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Listed on
Jan 19, 2015
Closed on
May 11, 2015
Sold by
Hughes Bruce H and Hughes Lee H
Bought by
Harvey Frances R
Seller's Agent
India Davis
Lake Martin Realty - Willow Point
Buyer's Agent
David Mitchell
Lake Martin Realty - Dadeville
List Price
$474,900
Sold Price
$465,000
Premium/Discount to List
-$9,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.79%
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
Sharpe Carl $647,500 --
Griffin Kenneth $483,000 None Available
Phelps William B $475,000 --
Harvey Frances R $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharpe Carl $300,000
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 $465,000 -- --
06/22/2023 06/22/23 Off Market $475,000 -- --
06/22/2023 06/22/23 Off Market $483,000 -- --
06/22/2023 06/22/23 Off Market $647,500 -- --
06/01/2022 06/01/22 Sold $647,500 -1.9% $164 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $660,000 +36.6% $168 / Sq Ft
07/01/2019 07/01/19 Sold $483,000 -8.0% -- View Prior Sale
06/03/2019 06/03/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $525,000 +10.5% --
01/16/2018 01/16/18 Sold $475,000 -2.9% $125 / Sq Ft View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $489,000 +5.2% $129 / Sq Ft
05/11/2015 05/11/15 Sold $465,000 -2.1% -- View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $474,900 -- --
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 $1,087 $56,960 $0 $0
2023 $1,087 $569,500 $100,000 $469,500
2022 $1,535 $61,390 $10,000 $51,390
2021 $1,535 $122,780 $20,000 $102,780
2020 $1,333 $106,640 $20,000 $86,640
2019 $2,253 $90,100 $20,000 $70,100
2018 $1,235 $107,240 $25,000 $82,240
2017 $1,099 $45,660 $12,500 $33,160
2016 $1,149 $45,660 $12,500 $33,160
2014 $1,185 $453,700 $125,000 $328,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 22-308

APN: 08-03-07-0-003-006000-0