NOT LISTED FOR SALE

45 Spout Springs Cove Muscle Shoals, AL 35661

Estimated Value: $516,000 - $607,000

3 Beds
3 Baths
3,144 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $282,500 $90 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,988/month

Highlights

  • Home fronts navigable water
  • Corian Countertops
  • Laundry Room
  • Views of Pier
  • Walk-In Closet
  • Central Air

About This Home

As of January 2020

Gorgeous Lakefront property located on the banks of Wilson Lake! This home would be perfect for a primary residence or a secondary vacation home!! This beautiful property features 3 bedrooms, 3 full bathrooms, living room, kitchen, and dining area all located on the main level. Additional features include an bonus room for entertaining or office space, walk out decks with spectacular views of Wilson Lake, swimming pier, and it's own private beach area!! Deep navigable water year round for water sports, fishing, boating, etc. This property is conveniently located near the Robert Trent Jones Golf course, public boat launch, and minutes from shopping, dining, and medical facilities. Fantastic Value for this nicely updated 3000+ sq ft home on Wilson Lake!!!

Last Agent to Sell the Property

Josh Rumble

Nxcel Realty Listed on: 01/06/2020

Last Buyer's Agent

Lydia Collins

Southern Lakes Real Estate License #000066377

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.52 Acre Lot
  • Home fronts navigable water

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Views of a pier
  • Finished Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • County Elementary And Middle School
  • County High School

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Lakeview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-02-09-0-007-003.000

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 3000.0
  • Lot Dimensions: 102.44x206.64x102 IRR
  • Subdivision Name: Lakeview
  • PropertySubType: Residential
  • PropertyType: Residential
  • Lot Size Acres: 0.52
  • Co List Office Phone: OFC-256-766-0000
  • MLS Status: Sold
  • AE_ATTIC: Pull Down Stairs
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Counters-Corian, His and Hers Closets, Primary Shower & Tub, Walk-In Closet(s), Other
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Features: Basement
  • Basement: Finished
  • Below Grade Finished Sq Ft: 144.0
  • Flooring: Tile
  • LivingArea: 3144.0
  • Window Features: Blinds
  • Total Bedrooms: 3
  • Room Type: Laundry
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3
  • Baths_Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Crawl Space
  • Lot Features: Sodded Yard
  • OtherStructures: Workshop
  • Patio And Porch Features: Deck
  • Roof: Architectual/Dimensional, Shingle
  • Waterfront Features: Navigable Water, Pier
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway, Detached, Gravel
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Laundry Features: Laundry Room

Schools

  • Middle Or Junior School: County

Lot Info

  • Parcel Number: 09-02-09-0-007-003.000

Building Info

  • Year Built: 1969
  • BuildingAreaTotal: 3144.0

Multi Family

MLS Schools

  • Elementary School: County
  • HighSchool: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 31, 2020
Sold by
Kuntz Louis J and Kuntz Amanda Willard
Bought by
Faulkenberry Timothy D and Faulkenberry Julie A
Seller's Agent
Josh Rumble
Nxcel Realty
Buyer's Agent
Lydia Collins
Southern Lakes Real Estate
List Price
$299,000
Sold Price
$282,500
Premium/Discount to List
-$16,500
-5.52%
Current Estimated Value
$544,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,477
Avg. Annual Appreciation
12.26%
Original Mortgage
$226,000
Outstanding Balance
$200,562
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$344,415

Purchase Details

Closed on
Jul 29, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kuntz Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
4.38%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Gifford David C and Gifford Gene A
Bought by
Federal Home Loan Mortgage Corp
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
Faulkenberry Timothy D $282,500 None Available
Kuntz Louis J -- --
Federal Home Loan Mortgage Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkenberry Timothy D $226,000
Previous Owner Kuntz Louis J $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $282,500 -5.5% $90 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $299,000 -- $95 / 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 -- $36,860 $18,860 $18,000
2023 $1,041 $34,460 $0 $0
2022 $930 $30,760 $0 $0
2021 $931 $29,380 $0 $0
2020 $888 $29,380 $0 $0
2019 $806 $26,620 $0 $0
2018 $770 $25,420 $0 $0
2017 $752 $24,840 $0 $0
2016 $733 $23,580 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 110846

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 09-02-09-0-007-003.000