NOT LISTED FOR SALE

227 Magnolia Dr Dadeville, AL 36853

Estimated Value: $787,000 - $1,156,000

4 Beds
3 Baths
2,781 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $380,000 $137 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,259/month

84 Days on Market

Highlights

  • Boathouse
  • 200 Feet of Waterfront
  • Deck
  • Reeltown Elementary School Rated 9+
  • Pier
  • Lake House

About This Home

As of September 2014

You'll never want to leave.DEEP WATER,FLAT!Situated perfectly on 2 lots,this unique 1-owner cedar contemporary has ALL the lake comforts.DARLING lakeside screened 15X20 ''henhouse''has woodburning heater,ceiling fans,flatscreen,refrig.VERY COOL grilling pavilion over boathouse(has winch).New granite kitchen counters.2 master suites.2nd small screen porch has hottub.Workshop in basement. Metal roof 5 yrs old. Kitchen cabinets, deck are new. Storage building. 2 flatscreen TVs & all kitchen appliances to remain. Workshop in basement may be good stormspot also. Boathouse big enough for a small John boat or a Seadoo.Underground sprinkler uses lake water. Dock 2006 trex.

Last Agent to Sell the Property

Amy Clark

SELLING LAKE MARTIN License #55950-0 Listed on: 05/01/2014

Last Buyer's Agent

Amy Clark

SELLING LAKE MARTIN License #55950-0 Listed on: 05/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1996

Lot Details

  • 0.94 Acre Lot
  • 200 Feet of Waterfront
  • Fenced
  • Sprinkler System

Home Design

  • Lake House
  • Metal Roof
  • Cedar

Interior Spaces

  • 2,781 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Boathouse
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Bama Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62 20 05 16 0 002 032.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Water Body Name: Lake Martin
  • Subdivision Name: Bama Park
  • Directions: Hwy 49 S out of Dadeville,rt on Hwy 50,rt at Bama Park Rd,left on Magnolia.See green home on left #227,yellow real estate signs.
  • Architectural Style: Lake Home
  • Building Area Total: 2781.0
  • Building Stories: 1
  • Year Built: 1996
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Heat Pump2: Yes
  • Exterior: Patio: Yes
  • Floors: Tile2: Yes
  • Floors: Laminate: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Waterfront Frontage: 200
  • Utilities Fuel: Propane: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Screen Porch: Yes
  • Roof: Metal: Yes
  • Siding: Cedar Siding: Yes
  • Exterior: Sprinkler: Yes
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Pier, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Cedar
  • Exterior Features: Screen Porch, Shrubs, Sprinkler
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Metal
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat House: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: None

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Propane, Cable Available
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 62 20 05 16 0 002 032.000
  • Zoning: Residential Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 873.8
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Sep 5, 2014
Sold by
Thomas J Thomas J and Ennis Sharrol P
Bought by
Mastin Peter B
Seller's Agent
Amy Clark
SELLING LAKE MARTIN
Buyer's Agent
Amy Clark
SELLING LAKE MARTIN
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Current Estimated Value
$987,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,487
Avg. Annual Appreciation
8.93%
Original Mortgage
$304,000
Outstanding Balance
$233,247
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$754,240
Source: Public Records

Range of Values:

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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
Mastin Peter B $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastin Peter B $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $380,000 -- --
09/05/2014 09/05/14 Sold $380,000 -7.3% $137 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $410,000 -- $147 / 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 $773 $37,880 $13,000 $24,880
2023 $830 $80,600 $26,000 $54,600
2022 $773 $75,664 $26,000 $49,664
2021 $771 $75,492 $26,000 $49,492
2020 $887 $377,460 $0 $0
2019 $887 $377,460 $0 $0
2018 $769 $377,460 $0 $0
2017 $769 $377,460 $0 $0
2016 $687 $342,200 $0 $0
2015 $1,007 $335,500 $0 $0
2014 $874 $305,460 $0 $0
2013 -- $311,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2014

    Amy Clark

    SELLING LAKE MARTIN

    (256) 749-3333

    107 Total Sales

    Amy Clark
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 14-643

APN: 20-05-16-0-002-032.0000

Alabama Tallapoosa County Dadeville 36853

227 Magnolia Dr, Dadeville, AL

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