NOT LISTED FOR SALE

285 Waites Dr S Cropwell, AL 35054

Estimated Value: $879,271 - $1,268,000

4 Beds
3 Baths
5,624 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $680,000 $121 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,767/month

21 Days on Market

Highlights

  • 138 Feet of Waterfront
  • Lake View
  • Covered Deck
  • Private Dock
  • 2.22 Acre Lot
  • Great Room with Fireplace

About This Home

As of August 2021

Sitting on 2 acres, this beautiful waterfront home has AMAZING views with an open floor plan and spacious rooms on both the mail level and basement. Lake views can be seen from all around the house. The floor to ceiling windows in the main living area is breath taking. The kitchen has two sinks with an eat in breakfast area and a door leading out to the back deck. The master bedroom has an AMAZING view of the lake that can be seen from a large window. The sunset view from the home is GORGEOUS! The daylight finished basement has a Spanish style throughput with tons of space for entertaining. The circular drive way makes it easy for you and your guests to come and go from the property. This home has many features that are a MUST SEE!

Last Agent to Sell the Property

Natasha OKonski

Keller Williams Pell City License #117637 Listed on: 07/03/2021

Keller Williams Pell City

Last Buyer's Agent

Breanna Farmer

ERA King Real Estate - Pell City License #100909

ERA King Real Estate - Pell City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1967

Lot Details

  • 2.22 Acre Lot
  • 138 Feet of Waterfront

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Brick Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Recreation Room with Fireplace
  • Lake Views

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Natural lighting in basement

Parking

  • 3 Carport Spaces
  • Circular Driveway

Outdoor Features

  • Private Dock
  • Covered Deck

Schools

  • Kennedy W M Elementary School
  • Duran Middle School
  • Pell City High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31-05-15-0-003-029.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 3311
  • Legal Description: LOT 4 WAITE EST 15-18-3
  • List Price per Sq Ft: 211.39
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1967
  • Price Per Sq Ft: 120.91
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Great Room (FIREPL), Play/Rec Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Linen Closet, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |GreatRoom1|Kitchen1|MasterBR1|Bedroom1|Bedroom1|FullBath1|FullBath1|Laundry1|Office1|BedroomB|DenB|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Room 9: Office/Study, On Level: 1
  • Room 10: Bedroom, On Level: B
  • Room 11: Den/Family, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Dishwasher Built-In, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 2313
  • Main Level Sq Ft: 3311

Exterior Features

  • Waterfront Name: LOGAN MARTIN
  • Construction: Brick Over Foundation, Wood
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Dock Private
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 138
  • Water Heater: 2+ Water Heaters, Electric (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 3
  • Parking Features: Circular Drive, Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 5624

Schools

  • Elementary School: KENNEDY W M
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 31-05-15-0-003-029.000
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 2.22

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1577

MLS Schools

  • Elementary School: KENNEDY W M
  • High School: PELL CITY
  • Jr Middle School: DURAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Peterson Mark L and Peterson Shirley
Bought by
Mark Peterson Living Trust and Shirley Peterson Living Trust
Current Estimated Value
$1,024,034

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 20, 2021
Sold by
Chasteen Larry L and Crosier Kimberly A
Bought by
Peterson Mark and Peterson Shirley
Seller's Agent
Natasha OKonski
Keller Williams Pell City
Buyer's Agent
Breanna Farmer
ERA King Real Estate - Pell City
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$540,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Mark Peterson Living Trust -- None Listed On Document
Peterson Mark $680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Mark $540,000
Previous Owner Chasteen Larry L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $680,000 -2.8% $121 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $699,900 -- $124 / Sq Ft
Source: Greater Alabama MLS

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 $2,771 $153,898 $34,300 $119,598
2023 $2,771 $137,662 $36,400 $101,262
2022 $2,479 $137,662 $36,400 $101,262
2021 $1,573 $137,662 $36,400 $101,262
2020 $1,573 $52,279 $12,480 $39,799
2019 $1,562 $51,936 $12,480 $39,456
2018 $1,408 $46,980 $0 $0
2017 $1,389 $46,980 $0 $0
2016 $1,408 $46,980 $0 $0
2015 $1,389 $46,980 $0 $0
2014 $1,389 $46,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1289412

Greater Alabama MLS

APN: 31-05-15-0-003-029.000