NOT LISTED FOR SALE

131 Rocky Cove Rd Arley, AL 35541

Estimated Value: $677,000 - $781,000

3 Beds
2 Baths
1,200 Sq Ft
$616/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $735,000 $612 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,237/month

15 Days on Market

Highlights

  • Boathouse
  • 180 Feet of Waterfront
  • Wooded Lot
  • Meek Elementary School Rated 9+
  • Boat Slip
  • Wood Flooring

About This Home

As of June 2024

Smith Lake (Bear Branch) The ideal lake property to enjoy! This lake home sits on a gorgeous waterfront lot with stunning shoreline! Enjoy an easy walk to the water and captivating views. Lots like this are rarely available! Tucked away right off the main channel yet with big views. Located in between Duskin Point and Duncan Bridge Marinas. 180ft of wf w/dock! Fiber Internet. New roof. Furnished!

Last Agent to Sell the Property

Justin Dyar

Lake Homes Realty License #000079039 Listed on: 04/09/2024

Lake Homes Realty

Last Buyer's Agent

Justin Dyar

Lake Homes Realty License #000079039 Listed on: 04/09/2024

Lake Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1991

Lot Details

  • 0.91 Acre Lot
  • 180 Feet of Waterfront
  • Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Storage

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Waterfront Platform
  • Boat Slip
  • Boathouse
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 67 20 05 15 0 200 028.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Water Body Name: Bear Branch
  • Subdivision Name: None
  • Directions: HWY41 to CR77 to CR12 to CR3926 to Bear Branch Cove Road to Rocky Cove Road
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1991
  • Schools Middle Schools: County
  • Schools High Schools: County
  • Waterfront Frontage: 180+/-
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven (Elec), Range (Elec), Refrigerator, Water Heater (Elec)
  • Has Basement: Storage Space
  • Total Bedrooms: 3
  • Flooring: Wood
  • Interior Amenities: Drywall
  • Appliances:Oven (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Basement:Storage Space: Yes

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Boat House, Boat Slip, Swim Platform
  • Waterfront: Yes
  • Construction Type: Block, Frame, Wood Siding
  • Patio And Porch Features: Covered Deck
  • Roof: Metal
  • Construction:Frame2: Yes
  • Construction:Block2: Yes
  • Waterfront Features:Boat Slip: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:Characteristics: Gentle
  • Waterfront Features:Shoreline: Year Round Water
  • Waterfront Features:Swim Platform: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Description:Garage Remarks2: Basement
  • General Property Description:Garage Stall2: 1

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Heating:Central (Elec): Yes
  • Heating:Fire Place: Wood Burning

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 39639.6
  • Parcel #: 67 20 05 15 0 200 028.010
  • Zoning: No Zoning

Tax Info

  • Tax Annual Amount: 1094.24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 23, 2024
Sold by
Roberson John E and Roberson Lori I
Bought by
Thibeault Brooke H H and Thibeault Thomas F
Seller's Agent
Justin Dyar
Lake Homes Realty
Buyer's Agent
Justin Dyar
Lake Homes Realty
List Price
$749,900
Sold Price
$735,000
Premium/Discount to List
-$14,900
-1.99%
Views
17
Current Estimated Value
$739,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,729
Avg. Annual Appreciation
7.38%
Original Mortgage
$586,880
Outstanding Balance
$582,148
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$218,971

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 9, 2023
Sold by
Claunch William C and Claunch Beverly
Bought by
Roberson John E and Roberson Lori I
Seller's Agent
Justin Dyar
Lake Homes Realty
Buyer's Agent
Justin Dyar
Lake Homes Realty
List Price
$599,000
Sold Price
$609,500
Premium/Discount to List
$10,500
1.75%
Views
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
21.05%
Original Mortgage
$487,600
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Thibeault Brooke H H $733,600 None Listed On Document
Roberson John E $122,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibeault Brooke H H $586,880
Previous Owner Roberson John E $487,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $735,000 -2.0% $613 / Sq Ft
04/09/2024 04/09/24 For Sale $749,900 +23.0% $625 / Sq Ft
06/15/2023 06/15/23 Sold $609,500 +1.8% $508 / Sq Ft
05/02/2023 05/02/23 For Sale $599,000 -- $499 / Sq Ft
Source: Walker 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 $2,473 $88,320 $0 $0
2023 $2,473 $83,580 $0 $0
2022 $984 $35,160 $0 $0
2021 $922 $32,920 $0 $0
2020 $852 $30,440 $0 $0
2019 $857 $30,440 $0 $0
2018 $832 $29,700 $0 $0
2017 $772 $296,920 $0 $0
2016 $772 $296,920 $0 $0
2015 $782 $300,520 $0 $0
2014 -- $282,340 $0 $0
2013 -- $294,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Walker Area Association of REALTORS®

MLS Number: 24-739

APN: 20-05-15-0-200-028.010