NOT LISTED FOR SALE

481 Shady Point Alexander City, AL 35010

Estimated Value: $615,000 - $778,000

4 Beds
2 Baths
2,086 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 07, 2014

Last sale price $345,000 $165 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,044/month

2 Days on Market

Highlights

  • Boathouse
  • Pier
  • Lake House
  • 260 Feet of Waterfront
  • Jet Ski or Personal Watercraft Lift
  • 1 Fireplace

About This Home

As of October 2014

FABULOUS!Point FLAT lot with BIG LAKE VIEWS.About 260'lakefront.Dock,covered boathouse w/lift,2PWC ports,pretty lakeside patio.Screened porch.MOST furniture/furnishings+all appliances to remain.Main level GR has wood-burning FP+wall of windows lakeside,2BRs,1Bath,open family kitchen/dining+bonus den,nice laundry.Upper is BIG BR,full bath,4th BR/bunkroom.Metal roof.Low maintenance vinyl shake.

Last Agent to Sell the Property

Amy Clark

SELLING LAKE MARTIN License #55950-0 Listed on: 09/08/2014

Co-Listed By

Joseph Clark

SELLING LAKE MARTIN License #70789

Last Buyer's Agent

Toni Adcock

REMAX Around the Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1987

Lot Details

  • 260 Feet of Waterfront

Parking

  • Parking Pad

Home Design

  • Lake House
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Paneling
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Jet Ski or Personal Watercraft Lift
  • Boathouse
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62.11.03.08.0.001.036.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: sellinglm
  • Co List Office Phone: 256-329-3131
  • Directions: Hwy 280E,cross Tallapoosa River Bridge,left into Shady Point,fork rt,home on left,look for concrete drive road to home,see yellow signs
  • Architectural Style: Lake Home
  • Building Area Total: 2086.0
  • Building Stories: 1
  • Year Built: 1987
  • Utilities Fuel: Alabama Power: Yes
  • Siding: Vinyl Siding: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Heat Pump2: Yes
  • Exterior: Patio: Yes
  • Foundation: Crawl Space: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Shrubs: Yes
  • Waterfront Frontage: 260 feet
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior: Screen Porch: Yes
  • Roof: Metal: Yes
  • Walls: Paneling: Yes
  • Floors: Luxury Vinyl Plank Tile: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Partial Carpet, Tile
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Pier, PWC Lift, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Screen Porch, Shrubs
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat House: Yes
  • Waterfront Features:PWC Lift: Yes

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
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 62.11.03.08.0.001.036.000
  • Zoning: Residential Single

Tax Info

  • Tax Annual Amount: 1174.5
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 7, 2014
Sold by
Edwin J Edwin J and Byars Edith Gail
Bought by
Sovacool Sean M and Sovacool Karen M
Seller's Agent
Amy Clark
SELLING LAKE MARTIN
Buyer's Agent
Toni Adcock
REMAX Around the Lake
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Total Days on Market
2
Current Estimated Value
$713,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,785
Avg. Annual Appreciation
7.03%
Original Mortgage
$293,250
Outstanding Balance
$228,431
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$491,755
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
Sovacool Sean M $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovacool Sean M $293,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $345,000 -- --
10/07/2014 10/07/14 Sold $345,000 -3.9% $165 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $359,000 -- $172 / 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 $1,220 $32,540 $16,500 $16,040
2023 $1,220 $65,060 $33,000 $32,060
2022 $1,243 $66,216 $33,000 $33,216
2021 $1,274 $67,928 $33,000 $34,928
2020 $1,295 $345,180 $0 $0
2019 $1,301 $347,040 $0 $0
2018 $1,311 $349,500 $0 $0
2017 $1,192 $349,500 $0 $0
2016 $1,178 $314,020 $0 $0
2015 $1,175 $313,200 $0 $0
2014 $1,175 $313,200 $0 $0
2013 -- $313,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2014

    Amy Clark

    SELLING LAKE MARTIN

    (256) 749-3333

    18 in this area

    112 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Joseph Clark

    SELLING LAKE MARTIN

    (256) 329-3131

    Section Image

  • T

    Buyer's Agent in 2014

    Toni Adcock

    RE/MAX

See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 14-1156

APN: 11-03-08-0-001-036.0000

Alabama Tallapoosa County Alexander City 35010

481 Shady Point, Alexander City, AL

This home is located at 481 Shady Point, Alexander City, AL 35010 since 08 September 2014 and is currently estimated at $692,077, approximately $331 per square foot. This property was built in 1987. 481 Shady Point is a home located in Tallapoosa County with nearby schools including Jim Pearson Elementary School, N.H. Stephens Elementary School, and William L. Radney Elementary School.

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