NOT LISTED FOR SALE

228 Sears Bluff Eclectic, AL 36024

Estimated Value: $935,000 - $956,005

3 Beds
2 Baths
-- Sq Ft
1.13 Acres

Last Sold August 31, 2020

Last sale price $682,000

Est. 39% increase in value since last sale

Current estimated payment $5,241/month

11 Days on Market

Highlights

  • Boathouse
  • 168 Feet of Waterfront
  • Lake House
  • Eclectic Elementary School Rated A-
  • Boat Slip
  • Wood Flooring

About This Home

As of August 2020

The perfect lake cabin on a perfect lot. This home located in the Lotts Slough / Real Island area of Lake Martin is move-in ready. This renovated home features 3BR, 2BA + outdoor enclosed shower, covered boat dock w/ lift and, sandy beach, 1.3 +/- acre, FLAT lot and much more. Conveniently located close to Real Island Marina, you are a skip, hop, and a jump away from a full-service marina and fuel, not to mention other Lake Martin Waterfront attractions such as the renowned Landing at Parker Creek! Bring the family and the boat along, and you are ready to start enjoying lake life on Lake Martin. 1.5 hours to Birmingham, 45 minutes to Montgomery.

Last Agent to Sell the Property

Adam Yager

Lake Martin Realty - Willow Point License #111376 Listed on: 07/24/2020

Last Buyer's Agent

Jimmy Baker

Lake Dog Realty License #104561

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 1.13 Acre Lot
  • 168 Feet of Waterfront

Home Design

  • Lake House
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Boat Slip
  • Boathouse

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06 02 10 0 004 037.000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: HWY 9  HWY 2 (towards Real Island) or Little Steel Bridge Road  Right onto sears bluff  House will be on your right.
  • Architectural Style: Lake Home
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Foundation: Crawl Space: Yes
  • Roof: Architectural: Yes
  • Sewage: Septic: Yes
  • Waterfront Frontage: 168
  • Floors: Wood Floors: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Boat Slip, Boat House
  • Waterfront: Yes
  • Foundation Details: Crawl Space
  • Roof: Architectural
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:Boat Slip: Yes

Garage/Parking

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

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Parcel #: 06 02 10 0 004 037.000
  • Zoning: Residential Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 31, 2020
Sold by
Genetti Tom
Bought by
Glenn Anderson L and Glenn Leigh B
Seller's Agent
Adam Yager
Lake Martin Realty - Willow Point
Buyer's Agent
Jimmy Baker
Lake Dog Realty
List Price
$655,000
Sold Price
$682,000
Premium/Discount to List
$27,000
4.12%
Current Estimated Value
$945,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,503
Avg. Annual Appreciation
6.30%
Original Mortgage
$510,400
Outstanding Balance
$451,741
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$493,762
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Glenn Anderson L $682,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Anderson L $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $682,000 -- --
08/31/2020 08/31/20 Sold $682,000 +4.1% --
08/05/2020 08/05/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $655,000 -- --
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 $3,625 $133,660 $0 $0
2023 $3,392 $675,490 $340,800 $334,690
2022 $2,724 $108,946 $66,174 $42,772
2021 $2,595 $103,506 $66,174 $37,332
2020 $1,959 $78,342 $66,174 $12,168
2019 $1,887 $78,790 $69,482 $9,308
2018 $950 $72,644 $66,174 $6,470
2017 $895 $35,800 $33,076 $2,724
2016 $945 $71,624 $66,174 $5,450
2014 $877 $330,530 $302,990 $27,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-878

APN: 06-02-10-0-004-037000-0