NOT LISTED FOR SALE

488 Mcduff Dr Alford, FL 32420

Estimated Value: $313,000 - $364,547

2 Beds
2 Baths
900 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $285,000 $317 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,970/month

21 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Country Style Home
  • Boat Dock
  • Wooded Lot
  • No HOA

About This Home

As of July 2021

The UN-BEACH retreat! Look no further for your primary residence or weekend getaway than this cottage in the woods on a semi private lake. Masterfully crafted and designed by the original architect/owner, this home offers comfort, privacy and unparalleled amenities less than an hour from Panama City, FL or Dothan, AL. This custom-built cabin with 2 bedrooms/2baths is mostly cypress construction with hardwood floors, cypress siding, 9 ft ceilings and updated kitchen with granite countertops. Boasting a 12 ft. wide screened in porch that wraps around 2 sides of the house, (400 sq.ft. total), which is perfect for enjoying the view and breezes off the lake and catching that perfect afternoon nap.

Last Agent to Sell the Property

Ron Rago

Beachy Beach Real Estate License #SL3406280 Listed on: 05/17/2021

Beachy Beach Real Estate

Last Buyer's Agent

CYNTHIA WILLIS

EXIT REALTY NORTHWEST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1992

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 312x320x312x320
  • Lake Front
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Country Style Home
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Screened Porch
  • Lake Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • No Garage
  • Unpaved Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Schools

  • Cottondale Elementary And Middle School
  • Cottondale High School

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • Highlands At Compass Lake Subdivision

Recreation

  • Boat Dock
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Detached
  • Lot Size Acres: 2.5
  • Lot Size: 312x320x312x320
  • Subdivision Name: Highlands At Compass Lake
  • Architectural Style: Country
  • Carport Y N: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Fireplace
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 900.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom, Screened Porch
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Dock Access, Lake, Lake Front, Shoreline - Natural, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Storage
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: Detached Carport, No Garage, Unpaved
  • Garage: No

Utilities

  • Utilities: Septic Available, Water Available
  • Security Features: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Other, See Remarks, Short Term Rental Allowed, Waterfront
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Cottondale

Lot Info

  • Lot Features: Cleared, Level, Wooded, Waterfront
  • Lot Size Sq Ft: 108900.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Partially

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1822.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cottondale
  • High School: Cottondale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 22, 2021
Sold by
Branks Jason W and Branks Kathleen M
Bought by
Alterman Adriana
Seller's Agent
Ron Rago
Beachy Beach Real Estate
Buyer's Agent
CYNTHIA WILLIS
EXIT REALTY NORTHWEST
List Price
$297,000
Sold Price
$285,000
Premium/Discount to List
-$12,000
-4.04%
Current Estimated Value
$321,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,021
Avg. Annual Appreciation
7.37%
Original Mortgage
$228,000
Outstanding Balance
$210,153
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$169,936
Source: Public Records

Range of Values:

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Average Value
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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
Alterman Adriana $285,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alterman Adriana $228,000
Previous Owner Branks Jason W $217,425
Previous Owner Nowell H Rex $45,000
Previous Owner Nowell Harvey Rex $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $285,000 -- --
07/26/2021 07/26/21 Sold $285,000 -4.0% $317 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $297,000 -- $330 / Sq Ft
Source: Central Panhandle 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 $2,557 $231,204 -- --
2023 $2,422 $224,470 $0 $0
2022 $2,201 $217,932 $74,112 $143,820
2021 $1,909 $148,800 $42,350 $106,450
2020 $1,822 $138,520 $42,350 $96,170
2019 $1,909 $137,964 $42,350 $95,614
2018 $1,927 $139,225 $42,350 $96,875
2017 $1,934 $139,434 $42,350 $97,084
2016 $1,906 $140,043 $42,350 $97,693
2015 $1,964 $140,635 $42,350 $98,285
2014 -- $139,680 $42,350 $97,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 712004

Central Panhandle Association of REALTORS®

APN: 05-2N-11-0201-00H0-0040