NOT LISTED FOR SALE

355 Thompson Rd Alexander City, AL 35010

Estimated Value: $2,602,000 - $2,823,000

5 Beds
5 Baths
3,283 Sq Ft
$822/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,780,438 $542 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $14,730/month

Highlights

  • 278 Feet of Waterfront
  • Pier
  • Wooded Lot
  • Reeltown Elementary School Rated 9+
  • New Construction
  • Wood Flooring

About This Home

As of September 2020

Russell Cabins at The Ridge is one of the most popular waterfront neighborhoods on Lake Martin! This over sized lot will be receiving a personalized version of the ''Verandas'' cabin designed by Bill Farshee featuring 4 bedrooms, 3.5 bathrooms, open concept living-dining-kitchen, vaulted great room accented with big timbers, a handsomely crafted stone-clad fireplace, and a large laundry room containing a dog-washing station! This buyer has also added a wonderful carriage house which will house 2 vehicles, a workbench, and extra storage on the lower level and a 5th guest bedroom & bath on the upper level. There are still a few cabin packages left in this unique neighborhood so call today for an update!

Last Agent to Sell the Property

Rhonda Watson

Russell Lands On Lake Martin - Crossroads License #86175 Listed on: 09/04/2020

Last Buyer's Agent

Rhonda Watson

ERA Lake Martin Realty - Equality

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,957

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.88 Acre Lot
  • 278 Feet of Waterfront
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Wood Walls
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,283 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Covered Deck

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

$6,957

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.88
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: From Hwy 63, turn onto Windermere Road and follow down to the main entrance of The Ridge. Turn right thru entrance and follow down to Thompson Rd. which is the last right before you reach the security gate. Lot 58 comes up on the left hand side.
  • Architectural Style: Cabin
  • Building Area Total: 3283.0
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2021
  • Utilities Fuel: Alabama Power: Yes
  • Cooling: Heat Pump2: Yes
  • Foundation: Crawl Space: Yes
  • Roof: Architectural: Yes
  • Siding: Wood Siding: Yes
  • Floors: Tile2: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: approx. 278 feet
  • Floors: Wood Floors: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Exterior: Screen Porch: Yes
  • Miscellaneous Restrictions: Ridge covenants
  • Walls: Wood2: Yes
  • Sewage: Community Sewer: Yes
  • Exterior: Sprinkler: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range Hood: Yes
  • Appliances:Range (Gas): Yes
  • Appliances:Garbage Disposal: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Covered Deck, Screen Porch, Shrubs, Sprinkler
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Description:Garage Stall2: 2
  • General Property Description:Garage Remarks2: Detached

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

  • Lot Size Sq Ft: 81892.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Lewis Robert A and Lewis Vicki W
Bought by
Woolley Audie
Current Estimated Value
$2,698,004

Purchase Details

Closed on
Jan 31, 2018
Sold by
Ch Acquisition Llc
Bought by
Lewis Vicki W and Lewis Robert A
Source: Public Records

Range of Values:

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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
Woolley Audie $675,000 None Available
Lewis Vicki W $672,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $1,780,438 -- --
09/04/2020 09/04/20 Sold $1,780,438 -1.4% $542 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $1,805,438 -- $550 / 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 $6,957 $277,280 $0 $0
2023 $6,982 $1,386,390 $850,000 $536,390
2022 $6,225 $207,824 $136,000 $71,824
2021 $3,400 $136,000 $136,000 $0
2020 $3,400 $136,000 $136,000 $0
2019 $3,400 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rhonda Watson

    Russell Lands On Lake Martin - Crossroads

    (256) 750-2898

    90 Total Sales

    Rhonda Watson
    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-1067

APN: 07-01-12-0-001-001.065

Alabama Elmore County Alexander City 35010

355 Thompson Rd, Alexander City, AL

This home is located at 355 Thompson Rd, Alexander City, AL 35010 since 04 September 2020 and is currently estimated at $2,698,004, approximately $821 per square foot. This property was built in 2021. 355 Thompson Rd is a home located in Elmore County with nearby schools including Reeltown Elementary School and Reeltown High School.

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