NOT LISTED FOR SALE

250 Ledges Trail Alexander City, AL 35010

Estimated Value: $933,000 - $1,244,000

5 Beds
5 Baths
3,797 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $615,000 $162 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,647/month

52 Days on Market

Highlights

  • Boat Slip
  • Newly Remodeled
  • Wooded Lot
  • Reeltown Elementary School Rated 9+
  • Waterfront
  • Wood Flooring

About This Home

As of June 2019

Discover the ultimate carefree luxury lake living at The Ridge on Lake Martin. This distinctive 5 BR/4.5BA townhome with 3,797 sq ft. offers a lifestyle like no other. Without the maintenance and upkeep it leaves you more quality time with family and friends. While enjoying all the amenities of the Ridge such as pool, fitness center, boat launch, full service marina, beach club, walking trails and and tennis courts. Just outside the Gates of the Ridge is The Russell Crossroads, Forest Trails, The Stables, Spring House and Catherine's Market.Must See! Great Value!

Last Agent to Sell the Property

Amy Clark

SELLING LAKE MARTIN License #55950-0 Listed on: 03/07/2019

Last Buyer's Agent

Amy Clark

SELLING LAKE MARTIN License #55950-0 Listed on: 03/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • Waterfront
  • Sprinkler System
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Architectural Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 3,797 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Covered Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • The Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,494

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: 63 South, past The Crossroads turn left on WindermereRD,rt at the entrance to The Ridge,at roundabout take NORTH Ridge. The Ledges are on the right just past The Ridge Club/Clubhouse. 250 Unit 4B.
  • Architectural Style: Townhouse
  • Building Area Total: 3797.0
  • New Construction: Yes
  • Building Stories: 3
  • Year Built: 2006
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Heat Pump2: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Siding: Hardi-plank: Yes
  • Floors: Wood Floors: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Exterior: Covered Patio: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Miscellaneous Restrictions: The Ridge
  • Sewage: Community Sewer: Yes
  • Exterior: Sprinkler: Yes
  • Exterior: Gutters: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Boat Slip
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Covered Patio, Gutters, Shrubs, Sprinkler
  • Foundation Details: Basement
  • Roof: Architectural
  • 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: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Zoning: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jun 21, 2019
Sold by
Adkins William K and Adkins Jaime
Bought by
Futral Robert C and Futral Rebecca H
Seller's Agent
Amy Clark
SELLING LAKE MARTIN
Buyer's Agent
Amy Clark
SELLING LAKE MARTIN
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%
Current Estimated Value
$1,052,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,880
Avg. Annual Appreciation
8.82%
Original Mortgage
$350,000
Outstanding Balance
$307,112
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$745,768

Purchase Details

Listed on
Oct 1, 2017
Closed on
Sep 29, 2017
Sold by
Smith Richard and Smith Stephanie
Bought by
Adkins William K and Adkins Jaime
Seller's Agent
Rhonda Jaye
Lake Martin Realty - Dadeville
Buyer's Agent
Shane Burns Associate Broker
SELLING LAKE MARTIN
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Thompson Linda J
Bought by
Smith Richard
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
Futral Robert C $615,000 None Available
Adkins William K $525,000 --
Smith Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Futral Robert C $350,000
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 $525,000 -- --
06/22/2023 06/22/23 Off Market $615,000 -- --
06/21/2019 06/21/19 Sold $615,000 -3.8% $162 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $639,000 +21.7% $168 / Sq Ft
09/29/2017 09/29/17 Sold $525,000 -7.7% $138 / Sq Ft View Prior Sale
08/23/2017 08/23/17 Pending -- -- --
10/02/2016 10/02/16 For Sale $569,000 -- $150 / 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 $1,494 $59,460 $0 $0
2023 $1,494 $594,500 $125,000 $469,500
2022 $1,555 $63,890 $12,500 $51,390
2021 $1,555 $63,890 $12,500 $51,390
2020 $1,476 $60,740 $12,500 $48,240
2019 $1,278 $51,090 $12,500 $38,590
2018 $1,432 $126,540 $37,000 $89,540
2017 $1,249 $51,660 $18,500 $33,160
2016 $1,299 $51,660 $18,500 $33,160
2014 $1,292 $513,700 $185,000 $328,700
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2019

    Amy Clark

    SELLING LAKE MARTIN

    (256) 749-3333

    106 Total Sales

    Amy Clark
    Section Image
  • Rhonda Jaye

    Seller's Agent in 2017

    Rhonda Jaye

    Lake Martin Realty - Dadeville

    (256) 749-8681

    130 Total Sales

    Rhonda Jaye
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Allison Ladson

    Lake Martin Realty - Dadeville

    (256) 750-0711

    78 Total Sales

    Allison Ladson
    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-360

APN: 08-03-07-0-003-014000-0

Alabama Elmore County Alexander City 35010

250 Ledges Trail, Alexander City, AL

This home is located at 250 Ledges Trail, Alexander City, AL 35010 since 07 March 2019 and is currently estimated at $1,052,880, approximately $277 per square foot. This property was built in 2006. 250 Ledges Trail is a home located in Elmore County with nearby schools including Reeltown Elementary School and Reeltown High School.

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