NOT LISTED FOR SALE

464 Ridgeview Point Alexander City, AL 35010

Estimated Value: $2,060,000 - $2,837,000

5 Beds
5 Baths
2,763 Sq Ft
$904/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $1,250,000 $452 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $13,301/month

Highlights

  • 218 Feet of Waterfront
  • Pier
  • Lake House
  • Reeltown Elementary School Rated 9+
  • Wooded Lot
  • Wood Flooring

About This Home

As of April 2020

Spacious easterly facing 5 bedroom, 5 bath home located in The Ridge on Lake Martin. The exterior offers multiple decks and a flat lakeside to make lake living a breeze! The gourmet kitchen features an oversized granite topped island, high end appliances and plenty of cabinetry. The kitchen is open to the living room, dining area and offers easy access to the lakeside porch. The master bedroom and one guest room finish out the main level. The terrace level offers a second master suite along with 2 more bedrooms each w/private baths another kitchen and oversized family room.

Last Agent to Sell the Property

Becky Haynie

Lake Martin Realty - Willow Point License #86284 Listed on: 04/10/2020

Last Buyer's Agent

Becky Haynie

Lake Martin Realty - Ourtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 2006

Lot Details

  • 218 Feet of Waterfront
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Lake House
  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Screened Porch
  • Basement

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Pier
  • Seawall
  • Covered Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 03 06 0 004 022.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,791

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: Turn off of Highway 63 to Windermere Road. Continue until you get to the main entrance of The Ridge. Turn right and go to guard house. From there, take North Ridge to Ridgeview Point on the left. Home will be near the end of the street on the right.
  • Architectural Style: Lake Home
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Central( Elec)2: Yes
  • Exterior: Patio: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 218+/-
  • Siding: Hardi-plank: Yes
  • Floors: Wood Floors: Yes
  • Exterior: Covered Deck: Yes
  • Exterior: Screen Porch: Yes
  • Sewage: Community Sewer: Yes
  • Exterior: Sprinkler: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Partial Carpet, Wood, Tile
  • Foundation: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Seawall
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Covered Deck, Screen Porch, Shrubs, Sprinkler
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Patio
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • General Property Description:Garage Stall2: 3
  • General Property Description:Garage Remarks2: Attached

Utilities

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

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 08 03 06 0 004 022.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Apr 9, 2020
Sold by
Arnold Michael W and Arnold Linda R
Bought by
Breaux Randall Paul and Breaux Arleene P
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Becky Haynie
Lake Martin Realty - Ourtown
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$2,496,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246,598
Avg. Annual Appreciation
13.22%
Original Mortgage
$750,000
Outstanding Balance
$661,686
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,834,912
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
Breaux Randall Paul $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breaux Randall Paul $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Off Market $1,250,000 -- --
04/10/2020 04/10/20 For Sale $1,299,000 +3.9% $470 / Sq Ft
04/09/2020 04/09/20 Sold $1,250,000 -- $452 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
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 $2,791 $110,420 $0 $0
2023 $2,811 $1,119,450 $450,000 $669,450
2022 $3,744 $298,532 $97,200 $201,332
2021 $3,473 $287,016 $106,444 $180,572
2020 $0 $272,976 $106,444 $166,532
2019 $0 $133,476 $49,280 $84,196
2018 $0 $128,209 $50,758 $77,451
2017 $114 $125,040 $50,767 $74,273
2016 $3,099 $123,947 $49,280 $74,667
2014 -- $1,112,600 $492,800 $619,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-420

APN: 08-03-06-0-004-022000-0