NOT LISTED FOR SALE

480 Peninsula Dr Wedowee, AL 36278

Estimated Value: $599,000 - $629,000

4 Beds
3 Baths
2,644 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $499,000 $189 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,375/month

Highlights

  • 103 Feet of Waterfront
  • Private Dock
  • Lake View
  • Marina
  • Fishing
  • Covered Deck

About This Home

As of June 2021

Craftsman style lake home with 4 bedrooms/3 bathrooms on year round water. Main level master suite. Nice upgraded kitchen. Spacious great room with fireplace. Upstairs is a private bedroom and full bathroom. The terrace level has 2 bedrooms, a full bathroom, and a family room with fireplace. There are many great outdoor entertaining spots! You are located near the marina on Hwy 431. Paved road access.

Last Agent to Sell the Property

Terry Norton

Lake Homes Realty LLC Listed on: 05/22/2021

Lake Homes Realty LLC

Last Buyer's Agent

Terry Norton

Lake Homes Realty LLC Listed on: 05/22/2021

Lake Homes Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 2007

Lot Details

  • 103 Feet of Waterfront
  • Sprinkler System

Parking

  • Driveway

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Lake Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Water Skiing Allowed
  • Private Dock
  • Covered Deck
  • Patio
  • Porch

Schools

  • Wedowee Elementary And Middle School
  • Randolph County High School

Utilities

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

Community Details

  • Marina
  • Fishing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1286481?w=PubMLS
  • Living Area: 1547
  • Legal Description: LOT 15 BENT RIVER SUB. PB 4 PG 30 & 31. BEING PT OF SE1/4 SEC. 15, T19S, R11E
  • List Price per Sq Ft: 322.56
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2007
  • Price Per Sq Ft: 188.73
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Amenities: French Doors, Recess Lighting
  • Fireplace Details: Gas Starter
  • Fireplace Location: Den (FIREPL), Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Concrete, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Jetted Tub, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|MasterBath1|GreatRoom1|Kitchen1|DenB|Bedroom2|FullBath2|BedroomB|FullBathB|BedroomB|LaundryB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Great Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Den/Family, On Level: B
  • Room 6: Bedroom, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Bedroom, On Level: B
  • Room 9: Full Bath, On Level: B
  • Room 10: Bedroom, On Level: B
  • Room 11: Laundry, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Great Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Oven-Electric, Refrigerator, Some Stainless Appl
  • Kitchen Features: Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Basement Finished Sq Ft: 1097
  • Main Level Sq Ft: 1097
  • Upper Level Sq Ft: 450

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAKE WEDOWEE
  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Dock Private, Sprinkler System, Porch
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Waterfront: Yes
  • Waterfront Frontage: 103
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2644

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Fishing, Marina, Skiing Allowed, Water Access

Schools

  • Elementary School: WEDOWEE
  • Middle School: WEDOWEE
  • High School: RANDOLPH COUNTY

Lot Info

  • Assessor Parcel Number: 56-08-05-15-0-001-077.000
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Tax Info

  • Tax District: COUNTY

MLS Schools

  • Elementary School: WEDOWEE
  • High School: RANDOLPH COUNTY
  • Jr Middle School: WEDOWEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 25, 2021
Sold by
Renfrow Michael R and Renfrow Renee
Bought by
Wise Christopher S and Wise Melissa A
Seller's Agent
Terry Norton
Lake Homes Realty LLC
Buyer's Agent
Terry Norton
Lake Homes Realty LLC
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$617,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,904
Avg. Annual Appreciation
4.33%
Original Mortgage
$449,100
Outstanding Balance
$411,879
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$185,948

Purchase Details

Listed on
May 24, 2017
Closed on
Oct 12, 2017
Sold by
Jean Jackson Debra
Bought by
Renfrow Michael R and Renfrow Renee
Seller's Agent
Linda Stone
Hunter Bend Realty
Buyer's Agent
Terry Norton
Lake Homes Realty LLC
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Nov 10, 2011
Sold by
King Sherry H
Bought by
Jackson Debra Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.17%

Purchase Details

Closed on
Jan 15, 2010
Sold by
King Marion
Bought by
King Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.93%

Purchase Details

Closed on
Jul 21, 2006
Sold by
Abel Custom Homes Inc
Bought by
King Marion M and King Sherry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.56%
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
Wise Christopher S $499,000 Rice Rice & Yates Pc
Renfrow Michael R $335,000 --
Jackson Debra Jean -- --
King Sherry -- --
King Marion M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Christopher S $449,100
Previous Owner Jackson Debra Jean $200,000
Previous Owner King Marion M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $499,000 0.0% $189 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $499,000 +49.0% $189 / Sq Ft
10/12/2017 10/12/17 Sold $335,000 -10.7% $217 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $375,000 -2.6% $242 / Sq Ft
05/24/2017 05/24/17 For Sale $385,000 -- $249 / Sq Ft
Source: Greater Alabama MLS

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 $1,188 $37,120 $12,500 $24,620
2023 $1,188 $64,300 $27,500 $36,800
2022 $1,048 $64,300 $27,500 $36,800
2021 $1,990 $64,300 $27,500 $36,800
2020 $2,058 $64,300 $27,500 $36,800
2018 $2,012 $62,880 $25,000 $37,880
2017 $1,933 $60,400 $25,000 $35,400
2016 $1,758 $54,940 $25,000 $29,940
2015 $1,758 $274,683 $0 $0
2014 $1,758 $274,683 $0 $0
2013 -- $274,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1286481

Greater Alabama MLS

APN: 08-05-15-0-001-077-0000