NOT LISTED FOR SALE

431 Cypress Ridge Alexander City, AL 35010

Estimated Value: $2,048,442 - $2,573,000

4 Beds
5 Baths
4,197 Sq Ft
$525/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,963,000 $468 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,234/month

Highlights

  • 101 Feet of Waterfront
  • Craftsman Architecture
  • Wood Flooring
  • Pier
  • Covered Deck
  • 1 Fireplace

About This Home

As of September 2023

Unique lake home designed by Jeffrey Brewer on the island penisula in The Ridge on Lake Martin. You will appreciate the open floor plan which easily blends the indoors with outdoor living. Features such as vaulted wood ceiling, large fireplace, SubZero and Wolf appliances, wood floors, and plenty of windows all come together in this beautiful home. There are 2 spacious bedrooms on each level as well as a lower level bunkroom. Outdoors spaces include decks, porches, screen porch and stone steps and pathways leading to the large pier with a boat lift. Located in a deep water cove protected from heavy boat traffic!

Last Agent to Sell the Property

Becky Haynie

Lake Martin Realty - Willow Point License #86284 Listed on: 09/21/2023

Last Buyer's Agent

Becky Haynie

Lake Martin Realty - Willow Point License #86284 Listed on: 09/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 2008

Lot Details

  • 8,712 Sq Ft Lot
  • 101 Feet of Waterfront
  • Fenced

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Electric Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Covered Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Propane
  • Community Sewer or Septic

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 04 18 0 001 003.015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: Hwy 63 S, left at the RL sign (Windermere Road). Take a right into the Ridge. Thru the guard gate, take a right onto South Ridge at the turnabout. Left onto Cypress. Cross causeway. 1st home on left.
  • Architectural Style: Craftsman
  • Building Stories: 2
  • Year Built: 2008
  • Utilities Fuel: Alabama Power: Yes
  • Cooling: Central( Elec)2: Yes
  • Exterior: Patio: Yes
  • Roof: Architectural: Yes
  • Siding: Wood Siding: Yes
  • Floors: Tile2: Yes
  • Exterior: Deck: Yes
  • Exterior: Porch: Yes
  • Exterior: Shrubs: Yes
  • Waterfront Frontage: 101
  • Floors: Wood Floors: Yes
  • Utilities Fuel: Propane: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior: Screen Porch: Yes
  • Sewage: Community Sewer: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Foundation: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Range Hood: Yes
  • Appliances:Range (Gas): Yes
  • Appliances:Garbage Disposal: Yes

Exterior Features

  • Lot Features: Waterfront, Views
  • Waterfront Features: Pier, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Covered Deck, Screen Porch, Shrubs
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport
  • General Property Description:Garage Stall2: 1
  • General Property Description:Garage Remarks2: Carport

Utilities

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

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 08 04 18 0 001 003.015
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Sep 25, 2023
Sold by
Mckinney Gregory
Bought by
Andreades Tommy G and Andreades Jenny M
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Becky Haynie
Lake Martin Realty - Willow Point
List Price
$1,925,000
Sold Price
$1,963,000
Premium/Discount to List
$38,000
1.97%
Views
6
Current Estimated Value
$2,201,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,611
Avg. Annual Appreciation
6.40%
Original Mortgage
$511,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2023
Closed on
Aug 25, 2023
Sold by
Mckinney Gregory
Bought by
Andreades Tommy G
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Becky Haynie
Lake Martin Realty - Willow Point
List Price
$1,925,000
Sold Price
$1,963,000
Premium/Discount to List
$38,000
1.97%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 23, 2021
Sold by
Fleming Ralph C and Fleming Sharon M
Bought by
Mckinney Gregory
Seller's Agent
Virginia Lathem
ARC Realty - Homewood
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$1,499,000
Sold Price
$1,555,000
Premium/Discount to List
$56,000
3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$880,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Mar 17, 2017
Sold by
Herndon Nancy H and Herndon Fred J
Bought by
Fleming Sharon M and Fleming Ralph C
Seller's Agent
Paige Patterson
Lake Martin Voice Realty
Buyer's Agent
Hugh Neighbors III
Lake Martin Realty - Willow Point
List Price
$900,000
Sold Price
$879,000
Premium/Discount to List
-$21,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Bbs Builders Llc
Bought by
Reed David B
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
Andreades Tommy G $1,963,000 None Listed On Document
Andreades Tommy G $1,963,000 --
Mckinney Gregory $1,555,000 None Available
Fleming Sharon M $879,000 --
Reed David B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreades Tommy G $905,262
Closed Andreades Tommy G $511,000
Closed Andreades Tommy G $511,000
Previous Owner Mckinney Gregory $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,963,000 +2.0% $468 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,925,000 +131.9% $459 / Sq Ft
06/22/2023 06/22/23 Off Market $830,000 -- --
06/22/2023 06/22/23 Off Market $879,000 -- --
09/23/2021 09/23/21 Sold $1,555,000 +3.7% $433 / Sq Ft
08/18/2021 08/18/21 For Sale $1,499,000 +70.5% $418 / Sq Ft
03/17/2017 03/17/17 Sold $879,000 -2.3% $209 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $900,000 +5.9% $214 / Sq Ft
03/17/2014 03/17/14 For Sale $850,000 +2.4% $257 / Sq Ft
03/04/2014 03/04/14 Sold $830,000 0.0% $251 / Sq Ft
03/04/2014 03/04/14 Sold $830,000 -2.4% $198 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/21/2014 02/21/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $850,000 -- $203 / 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 $2,143 $83,720 $0 $0
2023 $2,143 $838,640 $200,000 $638,640
2022 $2,931 $234,022 $43,200 $190,822
2021 $2,677 $214,162 $43,200 $170,962
2020 $2,042 $163,342 $43,200 $120,142
2019 $2,059 $161,462 $40,000 $121,462
2018 $1,617 $129,366 $40,000 $89,366
2017 $1,836 $73,420 $20,002 $53,418
2016 $1,667 $129,366 $40,000 $89,366
2014 $3,264 $642,850 $200,000 $442,850
Source: Public Records

Agents Affiliated with this Home

  • Becky Haynie

    Seller's Agent in 2023

    Becky Haynie

    Lake Martin Realty - Willow Point

    (334) 312-0928

    176 Total Sales

    Section Image
  • Virginia Lathem

    Seller's Agent in 2021

    Virginia Lathem

    ARC Realty - Homewood

    (205) 568-6473

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    MLS Non-member Company

    Birmingham Non-Member Office

  • P

    Seller's Agent in 2017

    Paige Patterson

    Lake Martin Voice Realty

  • H

    Buyer's Agent in 2017

    Hugh Neighbors III

    Lake Martin Realty - Willow Point

    (256) 750-5071

    15 Total Sales

    Section Image

  • N

    Seller's Agent in 2014

    NonMember Agent

    Non-Member

See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 23-1074

APN: 08-04-18-0-001-003015-0

Alabama Elmore County Alexander City 35010

431 Cypress Ridge, Alexander City, AL

This home is located at 431 Cypress Ridge, Alexander City, AL 35010 since 21 September 2023 and is currently estimated at $2,201,611, approximately $524 per square foot. This property was built in 2008. 431 Cypress Ridge is a home located in Elmore County with nearby schools including Reeltown Elementary School and Reeltown High School.

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