$85,000
SOLD MAY 31, 2019

407 Murphy Dam Rd Dadeville, AL 36853

3 Beds
2 Baths
1,232 Sq Ft
0.62 Acres

Recently Sold

$69 Per Sq Ft

15% Below List Price

9 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • 1-Story Property
  • Reeltown Elementary School Rated 9+
  • Attached Garage

About This Home

As of January 2025

Great price for a 3 bedroom, 2 bath home on Murphy Lake with a 2 car garage. Super private location and with some TLC this home would be ideal for a family or as a great retirement home. The lot is sloped to the water and with the removal of a few trees you could enjoy a fantastic view of Murphy Lake. Home being sold ''as-is''.

Last Agent to Sell the Property

Haley McKelvey

Lake Martin Realty - Dadeville License #101373 Listed on: 04/08/2019

Co-Listed By

Chad McKelvey

Lake Martin Realty - Dadeville License #108519

Last Buyer's Agent

Haley McKelvey

Lake Martin Realty - Dadeville License #101373 Listed on: 04/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $472

Year Built

  • Built in 1998

Lot Details

  • 0.62 Acre Lot
  • Waterfront

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • Murphy Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$472

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Water Body Name: Murphy Lake
  • Co List Office Mls Id: lmrdadeville
  • Co List Office Phone: 256-825-9092
  • Subdivision Name: Murphy Lake
  • Directions: Take Hwy 50, Left on Murphy Lake Rd, right on Murphy Lane, right on Murphy Dam Rd, follow to end look for company sign
  • Architectural Style: Traditional
  • Building Stories: 1
  • Year Built: 1998
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: Attached

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 27007.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 472.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 29, 2019
Sold by
Knox Brenda N
Bought by
Rasmussen Mark Alan and Rasmussen Hilary Lynn
Seller's Agent
Haley McKelvey
Lake Martin Realty - Dadeville
Buyer's Agent
Haley McKelvey
Lake Martin Realty - Dadeville
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%
Current Estimated Value
$375,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,882
Avg. Annual Appreciation
27.29%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $85,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $290,000 -2.5% $235 / Sq Ft
11/18/2024 11/18/24 For Sale $297,500 0.0% $241 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $297,500 +4.4% $241 / Sq Ft
05/24/2024 05/24/24 Sold $285,000 0.0% $231 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $285,000 +235.3% $231 / Sq Ft
06/22/2023 06/22/23 Off Market $85,000 -- --
06/22/2023 06/22/23 Off Market $240,000 -- --
11/18/2022 11/18/22 Sold $240,000 +0.2% $195 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $239,500 +181.8% $194 / Sq Ft
05/31/2019 05/31/19 Sold $85,000 -14.6% $69 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $99,500 -- $81 / 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 $1,617 $46,580 $20,000 $26,580
2023 $489 $30,460 $11,600 $18,860
2022 $414 $30,452 $11,600 $18,852
2021 $527 $30,112 $11,600 $18,512
2020 $1,074 $150,560 $0 $0
2019 $547 $157,320 $0 $0
2018 $547 $157,320 $0 $0
2017 $547 $157,320 $0 $0
2016 $419 $139,660 $0 $0
2015 $419 $139,660 $0 $0
2014 $419 $139,660 $0 $0
2013 -- $141,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-558

APN: 20-06-23-0-001-009.0340