NOT LISTED FOR SALE

331 Eagle Ridge Alexander City, AL 35010

Estimated Value: $1,987,000 - $2,992,270

8 Beds
8 Baths
6,035 Sq Ft
$406/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $1,930,000 $320 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,369 / mo

Highlights

  • 251 Feet of Waterfront
  • Pier
  • Deck
  • Reeltown Elementary School Rated 9+
  • Boat Slip
  • Wooded Lot

About This Home

As of July 2022

Spacious 8 bed, 8 bath furnished home nestled on a spacious lot in The Ridge. A deck and screened porch offer a stone fireplace and TV. A lakeside patio, private pier with swim steps, seawall and boat slip are already in place. The interior features three fireplaces, multiple gathering areas and gorgeous lake views. The great room draws you in with a wall of windows and a cathedral ceiling. Continue into the kitchen with a large center island and stainless appliances. The primary suite is full of unique comforts including a fireplace, access to the deck, and a stained glass door leading to the private bath. Multiple guest suites will accommodate everyone! The terrace level features a family room, full kitchen and media room. An attached 2-car garage makes outdoor storage easy!

Last Agent to Sell the Property

Becky Haynie

Lake Martin Realty - Willow Point License #86284 Listed on: 06/04/2022

Last Buyer's Agent

Jill Tippets

ReMax Cornerstone Plus License #000140626

ReMax Cornerstone Plus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1.19 Acre Lot
  • 251 Feet of Waterfront
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Lake House

Interior Spaces

  • 6,035 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Gas Log Fireplace
  • Property Views
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Boat Slip
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Propane

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 03 05 0 001 005.003

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

1.19 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.19
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: Hwy 63 to Windermere Rd. Turn into the Ridge at the waterfall. Pass the guardhouse and take North Ridge. Left turn at the second stop sign onto Eagle Ridge. Look for gates at 331 Eagle Ridge.
  • Architectural Style: Lake Home
  • Building Area Total: 6035.0
  • Building Stories: 3
  • Year Built: 2005
  • Waterfront Frontage: 251+/-
  • Miscellaneous Restrictions: Ridge CC&R
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Bedrooms: 8
  • Fireplace Features: Gas Log, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood, Tile, Other

Exterior Features

  • Lot Features: Wooded, Sloped, Views
  • Waterfront Features: Seawall, Pier, Boat Slip
  • Waterfront: Yes
  • Exterior Features: Shrubs, Sprinkler
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Covered Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Description:Garage Remarks2: Attached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Propane
  • Water: Alexander City Water

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 51836.4
  • Parcel #: 08 03 05 0 001 005.003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jul 1, 2022
Sold by
Pitts Leon B and Pitts Regina L
Bought by
Hill Jason C
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Jill Tippets
ReMax Cornerstone Plus
List Price
$1,930,000
Sold Price
$1,930,000
Current Estimated Value
$2,452,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,818
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,447,500
Outstanding Balance
$1,324,453
Interest Rate
4.62%
Mortgage Type
Construction
Estimated Equity
$1,128,365
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hill Jason C $1,930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Jason C $1,447,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $1,930,000 -- --
07/01/2022 07/01/22 Sold $1,930,000 0.0% $320 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $1,930,000 -- $320 / Sq Ft
Source: Lake Martin Area Association of REALTORS®

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
2025 $3,309 $132,060 $0 $0
2024 $3,309 $132,940 $0 $0
2023 $3,331 $1,338,290 $598,400 $739,890
2022 $4,429 $178,283 $64,627 $113,656
2021 $4,119 $332,946 $129,254 $203,692
2020 $3,360 $272,246 $129,254 $142,992
2019 $3,401 $265,972 $119,680 $146,292
2018 $3,171 $260,666 $123,270 $137,396
2017 $3,183 $129,040 $61,677 $67,363
2016 $3,164 $126,260 $59,840 $66,420
2014 $2,875 $1,147,000 $598,400 $548,600
Source: Public Records

Agents Affiliated with this Home

  • Becky Haynie

    Seller's Agent in 2022

    Becky Haynie

    Lake Martin Realty - Willow Point

    (334) 312-0928

    169 Total Sales

    Becky Haynie
    Section Image
  • Jill Tippets

    Buyer's Agent in 2022

    Jill Tippets

    RE/MAX

    (334) 327-6996

    188 Total Sales

    Jill Tippets
    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 22-620

APN: 08-03-05-0-001-005003-0

Alabama Elmore County Alexander City 35010

331 Eagle Ridge, Alexander City, AL

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