NOT LISTED FOR SALE

500 Peninsula Dr Wedowee, AL 36278

Estimated Value: $508,000 - $634,000

4 Beds
3 Baths
2,758 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $348,000 $126 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,126/month

43 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fishing
  • Covered Deck
  • Private Dock
  • Lake View
  • Family Room with Fireplace

About This Home

As of June 2020

Gorgeous craftsman style lake home with year round water. This home is situated in a great location with 100 ft of water frontage offering an aluminum floating dock with a sundeck and a boat slip with a lift. Inside the home you will find 4 bedrooms and 3 baths with many upgrades throughout. The kitchen offers stainless appliances, custom cabinetry, and granite counter-tops. You can enjoy lake views from the living room and access the covered deck that stretches across the back of the home. The master is on the main level with cherry hardwood floors throughout. The upper level features an over-sized bedroom and a full bath. The terrace level offers another living space, fireplace, wet bar, two additional bedrooms and a full bath. This home has a great setup to enjoy the lake complete with a storage building for lake gear.

Last Agent to Sell the Property

Crystal Barnes-Key

Hunter Bend Realty License #85274 Listed on: 03/21/2020

Last Buyer's Agent

Chastity Diamond

eXp Realty, LLC Central

eXp Realty, LLC Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • 100 Feet of Waterfront

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Lake Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

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

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed
  • Private Dock
  • Covered Deck

Utilities

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

Community Details

  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 56-08-05-15-0-001-078.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Living Area: 1379
  • Legal Description: LOT 16 BENT RIVER SUB PB 4 PG 30 & 31. BEING PT OF SE1/4 SEC. 15, T19S, R11E
  • List Price per Sq Ft: 279.19
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2007
  • Price Per Sq Ft: 126.18
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room (FIREPL), Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Bedroom2|FullBath2|BedroomB|BedroomB|FullBathB|DenB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 2
  • Room 6: Full Bath, On Level: 2
  • Room 7: Bedroom, On Level: B
  • Room 8: Bedroom, On Level: B
  • Room 9: Full Bath, On Level: B
  • Room 10: Den/Family, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Den/Family (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Kitchen (LVL 1), Living (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, Microwave Built-In, Refrigerator, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Basement Finished Sq Ft: 1379
  • Main Level Sq Ft: 1056
  • Upper Level Sq Ft: 323

Exterior Features

  • Waterfront Name: LAKE WEDOWEE
  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Dock Private, Storage Building
  • Foundation: Basement
  • Waterfront: Yes
  • Waterfront Frontage: 100
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Basement Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 2758

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Assessor Parcel Number: 56-08-05-15-0-001-078.000
  • Lot Description: Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1

Tax Info

  • Tax Database Id: 1
  • Tax District: COUNTY
  • Annual Tax: 1824
  • Assessor Parcel Number: 01111-56-08-05-15-0-001-078.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2010
Sold by
Abel Custom Homes Inc
Bought by
Gibson Rodney and Gibson Kim
Current Estimated Value
$558,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$151,752
Interest Rate
4.52%
Estimated Equity
$407,219
Source: Public Records

Range of Values:

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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
Gibson Rodney $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Rodney $228,000
Previous Owner Abel Custom Homes Inc $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $348,000 -9.6% $126 / Sq Ft
03/21/2020 03/21/20 For Sale $385,000 -- $140 / 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 $1,251 $39,080 $12,500 $26,580
2023 $1,251 $62,780 $27,500 $35,280
2022 $1,098 $62,780 $27,500 $35,280
2021 $1,098 $62,780 $27,500 $35,280
2020 $2,009 $62,780 $27,500 $35,280
2018 $1,962 $61,300 $25,000 $36,300
2017 $1,885 $58,920 $25,000 $33,920
2016 $1,791 $54,380 $25,000 $29,380
2015 $1,791 $279,774 $0 $0
2014 $1,791 $279,774 $0 $0
2013 -- $279,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 878425

Greater Alabama MLS

APN: 08-05-15-0-001-078-0000