NOT LISTED FOR SALE

315 Rabbit Point Rd Cropwell, AL 35054

Estimated Value: $530,000 - $699,000

3 Beds
3 Baths
2,237 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $339,900 $152 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,269/month

82 Days on Market

Highlights

  • 143 Feet of Waterfront
  • Fishing
  • Lake View
  • Private Dock
  • Wind Turbine Power
  • 0.98 Acre Lot

About This Home

As of June 2018

Amazing views can be yours all year in this beautiful 3 bedroom/3 bath home on Logan Martin Lake. The partially finished basement has a bedroom, bathroom, and office area. The kitchen has beautiful cabinets, and island and granite countertops. Get cozy beside the wood burning brick fireplace in the living room. Hardwood laminate floors, carpet, tile and vinyl flooring inside. The exterior is durable masonite siding. Enjoy year-round water access and views from the private floating pier, amazing flagstone patio, screened porch and sunning deck. New HVAC installed with 10 year warranty in 2016. Interior repainted and flagstone patio added in 2015. New roof, gutters, and shutters, new fans in all rooms, new shutters, new screen on porch and house painted in 2014. This home is practically new! You will love all this home has to offer, so call for a showing today!

Last Agent to Sell the Property

Nicole Anderson

Lake Homes Realty of West Alabama Listed on: 02/15/2018

Lake Homes Realty of West Alabama

Last Buyer's Agent

Nancy Locklar

The Realty Pros License #000064904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1979

Lot Details

  • 0.98 Acre Lot
  • 143 Feet of Waterfront
  • Few Trees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Basement Garage
  • Side Facing Garage
  • Driveway

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Home Office
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Basement

  • Partial Basement
  • Bedroom in Basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Private Dock
  • Covered Deck
  • Patio

Utilities

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

Additional Features

  • Wind Turbine Power
  • In Flood Plain

Community Details

  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 31-05-15-0-002-031.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 1416
  • Legal Description: COM INT NE COR LOT 3 RABBIT CREEK S/D & S ROW UNNAMED RD W 78.75' ALG ROW TO POB: NW 78.5' ALG ROW S 318.89' TO LAKE E 143'
  • List Price per Sq Ft: 240.04
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1979
  • Price Per Sq Ft: 151.94
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Linen Closet, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|Bedroom1|BedroomB|MasterBath1|FullBath1|FullBathB|Kitchen1|Laundry1|Living1|OfficeB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: B
  • Room 4: Master Bath, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Full Bath, On Level: B
  • Room 7: Kitchen, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Room 9: Living, On Level: 1
  • Room 10: Office/Study, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Full Bath (LVL BSMT), Office/Study (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Breakfast Bar, Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 821
  • Unfinished Basement Sq Ft: 729
  • Main Level Sq Ft: 1416

Exterior Features

  • Patio: Yes
  • Waterfront Name: LOGAN MARTIN
  • Construction: Brick Over Foundation, Siding-Other
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Dock Private
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 143
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Carport Spaces: 1
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking, Lower Level

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2237

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Fishing

Schools

  • Elementary School: COOSA VALLEY
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 31-05-15-0-002-031.001
  • Flood Plain: Yes
  • Lot Description: Some Trees
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.98

Green Features

  • Energy Green Features: Ceiling Fans, Storm Door, Storm Windows, Turbines

Tax Info

  • Tax Database Id: 1
  • Tax District: PELL CITY
  • Annual Tax: 732
  • Assessor Parcel Number: 01115-31-05-15-0-002-031.001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jun 28, 2018
Sold by
Ferebee Robert A and Ferebee Dede S
Bought by
Wallace Robert Lee and Wallace Cheryle Kay
Seller's Agent
Nicole Anderson
Lake Homes Realty of West Alabama
Buyer's Agent
Nancy Locklar
The Realty Pros
List Price
$359,900
Sold Price
$339,900
Premium/Discount to List
-$20,000
-5.56%
Current Estimated Value
$583,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,120
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jun 27, 2018
Sold by
Ferebee Robert A and Ferebee Dede S
Bought by
Wallace Robert Lee and Wallace Cheryle Kay
Seller's Agent
Nicole Anderson
Lake Homes Realty of West Alabama
Buyer's Agent
Nancy Locklar
The Realty Pros
List Price
$359,900
Sold Price
$339,900
Premium/Discount to List
-$20,000
-5.56%

Purchase Details

Listed on
May 22, 2014
Closed on
Jun 27, 2014
Sold by
Brosseau Jeffrey D and Brosseau Danielle D
Bought by
Ferebee Robert A and Ferebee Dede S
Seller's Agent
Lynda Sidlo
RealtySouth-Inverness Office
Buyer's Agent
Lynda Sidlo
RealtySouth-Inverness Office
List Price
$269,500
Sold Price
$269,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$242,550
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Kemp Christina V
Bought by
Osborne Ronald E and Osborne Marcella W
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
Wallace Robert Lee $339,900 None Available
Wallace Robert Lee $339,900 None Available
Ferebee Robert A $269,500 Ashville Land & Title
Osborne Ronald E $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinehard Brian K $410,000
Closed Ferebee Robert A $242,550
Previous Owner Holt Gregory H $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $339,900 0.0% $152 / Sq Ft
04/28/2018 04/28/18 Price Changed $339,900 -2.9% $152 / Sq Ft
03/29/2018 03/29/18 Price Changed $349,900 -2.8% $156 / Sq Ft
02/15/2018 02/15/18 For Sale $359,900 +33.5% $161 / Sq Ft
06/27/2014 06/27/14 Sold $269,500 0.0% $135 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $269,500 -- $135 / 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 $1,186 $81,880 $19,600 $62,280
2023 $1,186 $73,558 $20,800 $52,758
2022 $1,063 $36,779 $10,400 $26,379
2021 $795 $36,779 $10,400 $26,379
2020 $795 $33,342 $10,400 $22,942
2019 $795 $33,342 $10,400 $22,942
2018 $834 $26,900 $0 $0
2017 $733 $26,900 $0 $0
2016 $834 $26,900 $0 $0
2015 $733 $26,900 $0 $0
2014 $733 $23,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 807214

Greater Alabama MLS

APN: 31-05-15-0-002-031.001