NOT LISTED FOR SALE

40 Laurel Ridge Alexander City, AL 35010

Estimated Value: $1,576,000 - $2,583,000

6 Beds
4.5 Baths
-- Sq Ft
1.46 Acres

Last Sold February 25, 2013

Last sale price $850,000

Est. 172% increase in value since last sale

Current estimated payment $12,351/month

705 Days on Market

Highlights

  • 144 Feet of Waterfront
  • Pier
  • Wooded Lot
  • Reeltown Elementary School Rated 9+
  • Covered Deck
  • Lake House

About This Home

As of February 2013

Lake Martin home in The Ridge with wood floors, open kitchen, screened porch for outdoor dining, outdoor fireplace plus 2 more inside (in Master BR & family room). Designed for lake living with 6 spacious BR and multiple living areas - indoor and out! Lot is private, spacious, with great views and waterfront. This is the best price you will see - large home, deep water, great views, privacy +++

Last Agent to Sell the Property

Becky Haynie

Lake Martin Realty - Ourtown Listed on: 01/04/2013

Last Buyer's Agent

Miller Dark

RealtySouth Auburn-Lake Martin License #56042

RealtySouth Auburn-Lake Martin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 2005

Lot Details

  • 1.46 Acre Lot
  • 144 Feet of Waterfront
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Lake House
  • Combination Foundation
  • Wood Walls
  • Architectural Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Screened Porch

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Pier
  • Seawall
  • Covered Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 03 06 0 001 003.046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.46
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: Hwy 63 to Windermere Road to the Ridge. Take North Ridge to the 1st stop sign. Turn right on Laurel Ridge first drive on the right. Name sign says Hosp.
  • Architectural Style: Lake Home
  • Building Stories: 3
  • Year Built: 2005
  • Utilities Fuel: Alabama Power: Yes
  • Utilities Fuel: Cable T V Available: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Central( Elec)2: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 144+/-
  • Siding: Hardi-plank: Yes
  • Floors: Wood Floors: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Exterior: Screen Porch: Yes
  • Walls: Wood2: Yes
  • Sewage: Community Sewer: Yes
  • Exterior: Gutters: Yes
  • Foundation: Combo: Yes
  • Special Features: 4108
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Seawall
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Gutters, Screen Porch, Shrubs
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Porch
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 2
  • General Property Description:Garage Remarks2: Attached

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Central (Elec): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 63597.6
  • Parcel #: 08 03 06 0 001 003.046
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2020
Sold by
Miles Marcus B and Miles Linda J
Bought by
Miles Linda J
Current Estimated Value
$2,315,114

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 4, 2013
Sold by
Hosp Edward A
Bought by
Miles Marcus B
Seller's Agent
Becky Haynie
Lake Martin Realty - Ourtown
Buyer's Agent
Miller Dark
RealtySouth Auburn-Lake Martin
List Price
$1,275,000
Sold Price
$850,000
Premium/Discount to List
-$425,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
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
Miles Linda J -- None Available
Miles Marcus B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $850,000 -- --
02/25/2013 02/25/13 Sold $850,000 -33.3% --
12/20/2012 12/20/12 Pending -- -- --
01/14/2011 01/14/11 For Sale $1,275,000 -- --
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 $2,806 $111,140 $0 $0
2023 $2,829 $1,120,360 $358,400 $761,960
2022 $3,891 $310,582 $77,414 $233,168
2021 $3,607 $288,522 $77,414 $211,108
2020 $2,813 $225,002 $77,414 $147,588
2019 $2,813 $219,268 $71,680 $147,588
2018 $2,685 $216,876 $73,830 $143,046
2017 $2,656 $106,240 $36,923 $69,317
2016 $2,679 $210,286 $71,680 $138,606
2014 $2,379 $931,400 $358,400 $573,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Becky Haynie

    Lake Martin Realty - Ourtown

  • M

    Buyer's Agent in 2013

    Miller Dark

    RealtySouth Auburn-Lake Martin

    (256) 750-3030

    73 Total Sales

    Miller Dark
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 11-32

APN: 08-03-06-0-001-003046-0

Alabama Elmore County Alexander City 35010

40 Laurel Ridge, Alexander City, AL

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