NOT LISTED FOR SALE

48 Lake Pointe Ln Arley, AL 35541

Estimated Value: $1,060,000 - $1,538,000

3 Beds
3 Baths
3,453 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2022

Last sale price $1,075,000 $311 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,951 / mo

147 Days on Market

Highlights

  • Boathouse
  • Pier
  • Waterfront
  • Meek Elementary School Rated 9+
  • Boat Lift
  • Marble Flooring

About This Home

As of September 2022

Take time to enjoy your new home on Beautiful Smith Lake. The best and longest views on Smith Lake, stunning Sunrise view, easy access to 2 slip boat house - hydro hoist boat lift, swim pier, lawn irrigation, see through fire place w/ hot tub, spiral stairs, Bosch dishwasher, Custom Maple Cabinets, Jenn Air Gas Range, 2 Car garage, Kitchenette, Library, Floors hardwood-carpet-tile much more,

Last Agent to Sell the Property

Ed Frazier

Smith Lake Realty License #000023977 Listed on: 03/12/2022

Last Buyer's Agent

Justin Dyar

Lake Homes Realty License #000079039

Lake Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Lot Details

  • Waterfront
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Cottage
  • Brick Exterior Construction
  • Composition Roof
  • Masonry

Interior Spaces

  • 3,453 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Boat Lift
  • Boathouse
  • Covered Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 67 20 04 17 0 200 003.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Lot Details

2.02 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Water Body Name: Dismal Creek
  • Subdivision Name: Lake Pointe
  • Directions: 41 to co rd 83 to Lake Pointe Ln Arley, Al
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Schools Middle Schools: County
  • Schools High Schools: County
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Oven (Elec), Oven (Gas), Range (Elec), Range (Gas), Range Hood, Refrigerator, Trash Compactor, Washer, Water Heater (Elec)
  • Has Basement: Finished
  • Total Bedrooms: 3
  • Flooring: Marble, Vinyl
  • Interior Amenities: Drywall
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Range Hood: Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Gas): Yes
  • Appliances:Trash Compactor: Yes
  • Appliances:Oven (Gas): Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Waterfront Features: Boat House, Pier, Boat Lift
  • Waterfront: Yes
  • Construction Type: Block, Brick, Masonry
  • Patio And Porch Features: Covered Deck, Patio
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Brick2: Yes
  • Waterfront Features:Pier: Yes
  • Construction:Block2: Yes
  • Construction:Masonry2: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:Shoreline: Year Round Water
  • Waterfront Features:Boat Lift: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Description:Garage Remarks2: Attached
  • General Property Description:Garage Stall2: 2

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public, Arley
  • Heating:Central (Elec): Yes

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Parcel #: 67 20 04 17 0 200 003.010
  • Zoning: _

Tax Info

  • Tax Annual Amount: 1331.76
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Sep 23, 2022
Sold by
Reedstrom Deeann and Reedstrom Kert
Bought by
Cantin Family Trust and Cantin
Seller's Agent
Ed Frazier
Smith Lake Realty
Buyer's Agent
Justin Dyar
Lake Homes Realty
List Price
$1,075,000
Sold Price
$1,075,000
Current Estimated Value
$1,254,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,841
Avg. Annual Appreciation
4.51%
Original Mortgage
$675,000
Outstanding Balance
$641,477
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$613,364

Purchase Details

Listed on
Jul 3, 2017
Closed on
Dec 8, 2017
Sold by
Metts Glen S and Metts Susan H
Bought by
Reedstrom Deeann and Reedstrom Kert
Seller's Agent
Justin Dyar
Lake Homes Realty
Buyer's Agent
Justin Dyar - 205-468-6375
White Pepper Real Estate
List Price
$575,500
Sold Price
$575,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$28,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cantin Family Trust $400,000 None Listed On Document
Reedstrom Deeann $575,500 Source Of Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantin Family Trust $675,000
Previous Owner Reedstrom Deeann $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $1,075,000 0.0% $311 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $1,075,000 +86.8% $311 / Sq Ft
12/08/2017 12/08/17 Sold $575,500 0.0% $167 / Sq Ft View Prior Sale
11/15/2017 11/15/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $575,500 -- $167 / Sq Ft
Source: Walker Area Association of REALTORS®

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
2025 $2,316 $108,400 $0 $0
2024 $2,316 $101,340 $0 $0
2023 $2,164 $94,820 $0 $0
2022 $1,551 $72,860 $0 $0
2021 $1,414 $66,460 $0 $0
2020 $1,332 $62,640 $0 $0
2019 $1,340 $63,020 $0 $0
2018 $1,774 $126,700 $0 $0
2017 $1,138 $633,480 $0 $0
2016 $1,221 $633,480 $0 $0
2015 $1,621 $639,380 $0 $0
2014 $1,518 $599,700 $0 $0
2013 -- $617,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Walker Area Association of REALTORS®

MLS Number: 22-429

APN: 20-04-17-0-200-003.010

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