NOT LISTED FOR SALE

423 Shady Point Alexander City, AL 35010

Estimated Value: $616,000 - $1,013,000

4 Beds
3 Baths
1,540 Sq Ft
$556/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $787,500 $511 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,955/month

19 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Lake House
  • 127 Feet of Waterfront
  • Deck
  • Wood Flooring

About This Home

As of September 2023

This is classic Lake Martin. At Shady Point Cabin investors are ready to roll with a low maintenance and active Airbnb. All the boxes are checked: ample parking, flat lot, boat ramp, great swimming spot and covered boat dock with lift. Main level is 3bd/2ba with big living area and fireplace. Basement is a cozy bunk room with egress, laundry and full bath. Conveniently located to Hwy 280, bait shop, marinas, Alex City/Dadeville and Wind Creek State Park.

Last Agent to Sell the Property

Lacey Howell

REMAX Around the Lake License #106798 Listed on: 09/05/2023

REMAX Around the Lake

Last Buyer's Agent

Katherine Lipscomb Kachadurian

Prestige Properties License #62925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1984

Lot Details

  • 127 Feet of Waterfront
  • Fenced

Home Design

  • Lake House
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Property Views
  • Basement

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Seawall
  • Boat Ramp
  • Boathouse
  • Deck
  • Rain Gutters
  • Porch

Utilities

  • Central Air
  • Floor Furnace
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 621103080001034

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,987

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: None
  • Directions: From 280, left onto Shady Point and home is on the left.
  • Architectural Style: Lake Home
  • Building Stories: 2
  • Year Built: 1984
  • Utilities Fuel: Alabama Power: Yes
  • Siding: Brick: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Central( Elec)2: Yes
  • Roof: Architectural: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Waterfront Frontage: 127
  • Floors: Wood Floors: Yes
  • Exterior: Gutters: Yes
  • Heating: Floor Furnace: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Gas): Yes

Exterior Features

  • Lot Features: Waterfront, Views
  • Waterfront Features: Boat Ramp, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Gutters, Shrubs
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Porch
  • Roof: Architectural
  • Waterfront Features:Seawall: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Boat Ramp: Yes
  • Waterfront Features:Boat House: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Space
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: Parking Space

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Floor Furnace
  • Heating Yn: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 621103080001034

Tax Info

  • Tax Annual Amount: 2987.0

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

Mortgage History

Date Status Borrower Loan Amount
Closed Albury William C $173,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $787,500 -4.5% $511 / Sq Ft
09/05/2023 09/05/23 For Sale $825,000 +51.4% $536 / Sq Ft
06/22/2023 06/22/23 Off Market $545,000 -- --
08/06/2020 08/06/20 Sold $545,000 -0.7% $354 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $549,000 -- $356 / 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 $3,512 $93,640 $46,200 $47,440
2023 $3,037 $80,980 $46,200 $34,780
2022 $2,987 $79,640 $46,200 $33,440
2021 $3,345 $80,976 $46,200 $34,776
2020 $976 $271,880 $0 $0
2019 $976 $271,880 $0 $0
2018 $977 $272,040 $0 $0
2017 $885 $272,040 $0 $0
2016 $868 $242,840 $0 $0
2015 $868 $242,840 $0 $0
2014 $868 $242,840 $0 $0
2013 -- $242,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 23-997

APN: 11-03-08-0-001-034.0000