NOT LISTED FOR SALE

405 Lakeside Cir Muscle Shoals, AL 35661

Estimated Value: $740,000 - $808,209

4 Beds
3.5 Baths
4,369 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $685,000 $157 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,596/month

Highlights

  • Waterfront
  • No HOA
  • Gas Fireplace
  • Webster Elementary School Rated A-

About This Home

As of December 2022

This is the lake home you have been waiting for in Muscle Shoals school district with year-round water! This 4 bedroom, 3.5 bathroom gorgeous home is located only 10 minutes from North Alabama Medical Center, 13 minutes from vibrant Downtown Florence and the University of North Alabama, and 15 minutes from Helen Keller Hospital. Tucked into the trees on a cul-de-sac, this property offers privacy and features a double decked concrete pier with boat lift. Inside the home you will find top of the line finishes with a functional layout offering plenty of space and storage. On the main level you will find the master suite, living room, dining room, kitchen, breakfast room, powder room, and large laundry. The upstairs offers two bedrooms and a bathroom. The basement includes a spacious recreational room with a bar and many large windows, an office or home gym, a bedroom, a bathroom, a storm shelter, and workshop. Both HVAC systems are brand new!!

Last Agent to Sell the Property

Brianna Gardner de Beville

Singing River Realty License #000108682 Listed on: 05/18/2022

Last Buyer's Agent

Angela Grisham

ag Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1993

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 98x176
  • Waterfront

Interior Spaces

  • Multi-Level Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • 1 Bathroom in Basement
  • Natural lighting in basement

Schools

  • Webster Elementary School
  • Muscle Shoals Middle School
  • Muscle Shoals High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakemont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-04-17-3-001-003.011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2446
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 98X176
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 89.55
  • Subdivision Name: Lakemont
  • Agent Only_ L A1 User Code: S236_11586
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas (Fireplace)
  • Bathrooms Level 1: 1
  • Bathrooms Level 2: 1
  • Full Bathrooms: 3
  • Basement: Daylight, Exterior Entry, Finished, Full (Basement), Interior Entry
  • Half Bathrooms: 1
  • Basement Sq Ft: 1923
  • Basement YN: Yes
  • Basement Bathrooms: 1
  • Below Grade Finished Sq Ft: 1923
  • LivingArea: 4369
  • Price Per S Q F T: 156.79
  • Total Bedrooms: 4
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Main Level Bedrooms: 1

Beds/Baths

  • Total Bathrooms: 4

Exterior Features

  • Waterfront: Yes
  • Waterfront Name: Tennessee River, Wilson Lake

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Name: None

Schools

  • Elementary School: Webster
  • Middle School: Muscle Shoals
  • High School: Muscle Shoals

Lot Info

  • Acres: 0.4
  • Parcel Num: 08-04-17-3-001-003.011

Building Info

  • Year Built: 1993
  • BuildingAreaTotal: 4369

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1877.51

MLS Schools

  • Elementary School: Webster
  • Middle School: Muscle Shoals
  • HighSchool: Muscle Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Dec 2, 2022
Sold by
Poore Gregory and Poore Ashley
Bought by
Poore Gregory and Poore Ashley
Seller's Agent
Brianna Gardner de Beville
Singing River Realty
Buyer's Agent
Angela Grisham
ag Real Estate
List Price
$764,900
Sold Price
$685,000
Premium/Discount to List
-$79,900
-10.45%
Current Estimated Value
$805,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,173
Avg. Annual Appreciation
7.09%
Original Mortgage
$548,000
Outstanding Balance
$530,123
Interest Rate
5.5%
Mortgage Type
Construction
Estimated Equity
$293,549

Purchase Details

Listed on
Sep 11, 2019
Closed on
Sep 18, 2020
Sold by
Scarbrough Jerry A and Scarbrough Wendy L
Bought by
Poore Ashley Quinn and Poore Gregory Mitchell
Buyer's Agent
Brianna Gardner de Beville
Singing River Realty
List Price
$785,000
Sold Price
$500,000
Premium/Discount to List
-$285,000
-36.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2019
Sold by
Johnson Grover P and Johnson Karen T
Bought by
Rue Properties Llc

Purchase Details

Closed on
Mar 14, 2017
Sold by
Howell Johnny Stephen
Bought by
Scarborough Jerry and Scarborough Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 24, 2013
Sold by
Rabalais Michelle W
Bought by
Scarborough Jerry A and Scarborough Wendy L
Seller's Agent
Jeannie Rogers
Coldwell Banker Pinnacle Properties
Buyer's Agent
SHYLEE BRADFORD-BEVIS
Coldwell Banker Pinnacle Properties
List Price
$389,000
Sold Price
$318,400
Premium/Discount to List
-$70,600
-18.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$496,000
Interest Rate
4.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Poore Gregory $685,000 Attorney Only
Poore Ashley Quinn $500,000 None Available
Rue Properties Llc $312,500 None Available
Scarborough Jerry $31,525 --
Scarborough Jerry A $318,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poore Gregory $548,000
Previous Owner Poore Ashley Quinn $400,000
Previous Owner Scarbrough Jerry A $424,100
Previous Owner Scarborough Jerry $280,000
Previous Owner Scarborough Jerry A $103,000
Previous Owner Reed Jimmy Clay $372,000
Previous Owner Scarborough Jerry A $496,000
Previous Owner Scarborough Jerry A $39,900
Previous Owner Reed Jimmy C $400,000
Previous Owner Reed Jimmy C $170,000
Previous Owner Scarborough Jerry A $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 For Sale $764,900 +11.7% $175 / Sq Ft
12/02/2022 12/02/22 Sold $685,000 +37.0% $157 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/18/2020 09/18/20 Sold $500,000 -36.3% $157 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
09/11/2019 09/11/19 For Sale $785,000 +146.5% $247 / Sq Ft
10/24/2013 10/24/13 Sold $318,400 -18.1% $73 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $389,000 -- $89 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 -- $72,820 $19,020 $53,800
2023 $2,245 $56,960 $0 $0
2022 $2,010 $50,700 $0 $0
2021 $1,878 $47,420 $0 $0
2020 $1,822 $46,040 $0 $0
2019 $1,753 $44,340 $0 $0
2018 $1,703 $43,120 $0 $0
2017 $1,684 $42,640 $0 $0
2016 $1,658 $41,360 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brianna Gardner de Beville

    Seller's Agent in 2022

    Brianna Gardner de Beville

    Singing River Realty

    (256) 412-5519

    70 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Angela Grisham

    ag Real Estate

    Section Image
  • Jeannie Rogers

    Seller's Agent in 2013

    Jeannie Rogers

    Coldwell Banker Pinnacle Properties

    (256) 366-0580

    157 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    SHYLEE BRADFORD-BEVIS

    Coldwell Banker Pinnacle Properties

    Section Image
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 508822

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 08-04-17-3-001-003.011

Alabama Colbert County Muscle Shoals 35661

405 Lakeside Cir, Muscle Shoals, AL

This home is located at 405 Lakeside Cir, Muscle Shoals, AL 35661 since 18 May 2022 and is currently estimated at $774,052, approximately $177 per square foot. This property was built in 1993. 405 Lakeside Cir is a home located in Colbert County with nearby schools including Webster Elementary School, McBride Elementary School, and Muscle Shoals Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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