NOT LISTED FOR SALE

469 Cove Dr Eclectic, AL 36024

Estimated Value: $192,932 - $305,000

2 Beds
1 Bath
968 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $144,000 $149 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,472/month

193 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Covered Deck
  • Eclectic Elementary School Rated A-
  • 1 Fireplace
  • Cooling Available

About This Home

As of June 2020

Great water view and water access home right by community pier. Access the lake by launching your boat at the community boat ramp. Plenty of room in this 2 bedroom for your family to expand with the extra connecting lot included. All furniture included. What an affordable way to enjoy Lake Martin.

Last Agent to Sell the Property

John Franklin

Lake Homes Realty of Central Alabama License #99066 Listed on: 10/22/2019

Lake Homes Realty of Central Alabama

Last Buyer's Agent

John Franklin

Designer Homes Realty Lake Martin, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $287

Year Built

  • Built in 1962

Lot Details

  • 0.27

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Wood Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Deck
  • Waterfront

Community Details

  • Kowaliga Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$287

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: Kowaliga Cove
  • Directions: From AL 229 turn on Cove Drive and follow until you see the sign at the corner of Cove & Cove.
  • Architectural Style: Traditional
  • Building Area Total: 968.0
  • Building Stories: 1
  • Year Built: 1962
  • Utilities Fuel: Alabama Power: Yes
  • Siding: Vinyl Siding: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Heat Pump2: Yes
  • Foundation: Crawl Space: Yes
  • Floors: Laminate: Yes
  • Sewage: Septic: Yes
  • Exterior: Shrubs: Yes
  • Appliances Refrigerators: Yes
  • Exterior: Covered Deck: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors: Wallto Wall Carpet: Yes
  • Walls: Wood2: Yes
  • Roof: Metal: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Laminate
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Covered Deck, Shrubs
  • Foundation Details: Crawl Space
  • Roof: Metal

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
  • Utilities: Cable Available
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Zoning: Single Family

Tax Info

  • Tax Annual Amount: 287.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jun 29, 2020
Sold by
Alldredge Vicki C
Bought by
Hagood Danny W and Hagood Amber
Seller's Agent
John Franklin
Lake Homes Realty of Central Alabama
Buyer's Agent
John Franklin
Designer Homes Realty Lake Martin, LLC
List Price
$169,000
Sold Price
$144,000
Premium/Discount to List
-$25,000
-14.79%
Current Estimated Value
$263,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,233
Avg. Annual Appreciation
13.66%
Original Mortgage
$115,200
Outstanding Balance
$83,447
Interest Rate
2.6%
Mortgage Type
Construction
Estimated Equity
$193,992

Purchase Details

Closed on
Jan 22, 2020
Sold by
Pendergrass Eric B
Bought by
Alldredge Vicki C
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
Hagood Danny W $144,000 Attorney Only
Alldredge Vicki C -- None Available
Alldredge Vicki C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagood Danny W $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $144,000 -- --
06/29/2020 06/29/20 Sold $144,000 -14.8% $149 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $169,000 -- $175 / 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 $374 $12,960 $0 $0
2023 $374 $129,480 $75,000 $54,480
2022 $287 $22,956 $15,000 $7,956
2021 $313 $24,996 $15,000 $9,996
2020 $287 $22,956 $15,000 $7,956
2019 $287 $22,956 $15,000 $7,956
2018 $292 $23,328 $15,000 $8,328
2017 $275 $10,980 $7,504 $3,476
2016 $321 $21,680 $15,000 $6,680
2014 $321 $108,100 $75,000 $33,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-1445

APN: 07-05-21-4-003-024000-0