NOT LISTED FOR SALE

43 Stone Ridge Ct Alexander City, AL 35010

Estimated Value: $563,000 - $2,017,000

3 Beds
4 Baths
2,576 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $703,125 $273 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,194/month

2 Days on Market

About This Home

As of June 2021

You can't get a better water-access/water-view home in The Ridge than this one! It is truly one-of-a-kind! You can actually launch your canoe, kayak, or paddleboard from your own backyard! Enjoy sparkling lake views from the master bedroom, BOTH guest rooms, and BOTH family rooms! This handsome, craftsman-style home is walking distance from the Beach Park amenity that provides a great swimming area for the kids, a covered picnic pavilion w/wood-burning fireplace, bathroom facilities, outdoor shower, & community boat slips, all available for the temporary use of Ridge residents. Did I mention this home comes FULLY FUNISHED right down to the TV's, appliances, & kitchen towels? This home has only had one owner & they've been meticulous about keeping it well-maintained. Owner improvements include a brand-new, custom, master closet system, copper gutters & downspouts, recent re-paint of the exterior, stone-wrapped porch columns, & outdoor firepit. Each of the two family rooms contains a stone-clad fireplace, and the lower family room hosts a beautiful wet bar with icemaker. The bonus room is currently being used as a bunk room but would make a great home office too. The Ridge is one of the most desirable waterfront neighborhoods on Lake Martin, a magnet for active families with its gorgeous club house (available for private events), summer camps for kids, 2 pools, fitness center, beautiful walking trails, soccer field, pickle ball court, clay tennis courts, children's playground, Beach Park, Ridge Marina, 24/7 manned security gate, neighborhood boat ramp, and more! Call today for your personal tour!

Last Listed By

Rhonda Watson

Russell Lands On Lake Martin - Crossroads License #86175 Listed on: 04/30/2021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,326

Year Built

2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: rlcrossroads
  • Co List Office Phone: 256-215-7011
  • Subdivision Name: The Ridge
  • Directions: From Hwy 63, turn onto Windermere Rd, then right onto Ridge Parkway. Follow down to the security gate. After the security gate, take the first right onto South Ridge, turn right onto Ridge Island Way, turn right into the Stone Ridge section (right before Beach Park), and take an immediate right onto Stone Ridge Court. First home on the left.
  • Architectural Style: Craftsman
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Miscellaneous Restrictions: Ridge covenants
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Foundation: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Fireplace:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Garbage Disposal: Yes
  • Appliances:Ice Machine: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded, Gentle Sloping, Interior Lot, Views
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Covered Patio, Gutters, Shrubs, Sprinkler
  • Foundation Details: Basement
  • Patio And Porch Features: Porch
  • Roof: Architectural
  • Lot Features:Wooded2: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Views: Yes
  • Lot Features:Interior Lot: Yes

Garage/Parking

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

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

  • Parcel #: 07 06 13 0 001 001.108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 2, 2021
Sold by
Daughtrey Terrell W and Daughtrey Dianne
Bought by
Marks Paul B and Marks Maria M
Seller's Agent
Rhonda Watson
Russell Lands On Lake Martin - Crossroads
Buyer's Agent
Rhonda Watson
ERA Lake Martin Realty - Equality
List Price
$725,000
Sold Price
$703,125
Premium/Discount to List
-$21,875
-3.02%
Total Days on Market
2
Current Estimated Value
$1,086,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,765
Avg. Annual Appreciation
11.53%
Original Mortgage
$546,375
Outstanding Balance
$500,029
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$586,861

Range of Values:

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Average Value
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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
Marks Paul B $703,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Paul B $546,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $703,125 -- --
06/02/2021 06/02/21 Sold $703,125 -3.0% $273 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $725,000 -- $281 / 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 $1,326 $510,300 $125,000 $385,300
2023 $1,326 $514,900 $125,000 $389,900
2022 $1,041 $83,240 $25,000 $58,240
2021 $759 $83,900 $25,000 $58,900
2020 $1,058 $84,580 $25,000 $59,580
2019 $1,066 $85,240 $25,000 $60,240
2018 $1,028 $82,200 $25,000 $57,200
2017 $1,028 $41,100 $12,500 $28,600
2016 $1,078 $82,200 $25,000 $57,200
2014 $1,071 $408,400 $125,000 $283,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 21-548

APN: 07-06-13-0-001-001108-0