NOT LISTED FOR SALE

505 Ridgeway Dr Eclectic, AL 36024

Estimated Value: $678,386 - $811,000

4 Beds
3 Baths
-- Sq Ft
0.51 Acres

Last Sold September 27, 2019

Last sale price $457,500

Est. 64% increase in value since last sale

Current estimated payment $4,254/month

234 Days on Market

Highlights

  • 158 Feet of Waterfront
  • Pier
  • Covered Deck
  • Eclectic Elementary School Rated A-
  • Boat Ramp
  • Wood Flooring

About This Home

As of September 2019

MOVE IN READY IN CASTAWAY! MASTER on main + private boat launch. CALM swimming cove right off big water. Big families get ready to pile in bunk beds! 3 levels of space- open living and kitchen on main with 2 bedrooms and big lakeside porch. 3rd level has loft space for office or bunks + additional BD/BA. Basement level has Den/Bedroom space that could easily be outfitted as 2nd kitchen + full shower. Attached 2 car garage and workspace accessed through basement. Covered carport + circle drive. Very little seawall maintenance with natural stone rock in place! Furnishings negotiable + est. 4ft winter water. Floating dock. 10ft dock. SEE PRIVATE REMARKS

Last Agent to Sell the Property

Lacey Howell

REMAX Around the Lake License #106798 Listed on: 07/08/2019

REMAX Around the Lake

Last Buyer's Agent

Hugh Neighbors III

Lake Martin Realty - Willow Point License #96596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 2002

Lot Details

  • 158 Feet of Waterfront
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Cabin
  • Wood Walls
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Pier
  • Boat Ramp
  • Covered Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0705212001008.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,640

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Directions: Hwy 63 to 229- Left on Ridgeway Dr. -Home is directly at the end- look for agent sign
  • Architectural Style: Cabin
  • Building Stories: 3
  • Year Built: 2002
  • Utilities Fuel: Alabama Power: Yes
  • Floors: Partial Carpet: Yes
  • Cooling: Heat Pump2: Yes
  • Roof: Architectural: Yes
  • Floors: Tile2: Yes
  • Sewage: Septic: Yes
  • Exterior: Deck: Yes
  • Exterior: Shrubs: Yes
  • Waterfront Frontage: 158
  • Floors: Wood Floors: Yes
  • Exterior: Covered Deck: Yes
  • Exterior: Covered Patio: Yes
  • Miscellaneous Restrictions: Lands End Sub.
  • Walls: Wood2: Yes
  • Siding: Cedar Siding: Yes
  • Exterior: Gutters: Yes
  • Floors: Luxury Vinyl Plank Tile: Yes
  • Special Features: None
  • Stories: 3

Interior Features

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

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Boat Ramp, Pier
  • Waterfront: Yes
  • Construction Type: Cedar
  • Exterior Features: Covered Deck, Covered Patio, Gutters, Shrubs
  • Foundation Details: Basement
  • Patio And Porch Features: Deck
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Boat Ramp: Yes

Garage/Parking

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

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 #: 0705212001008.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 27, 2019
Sold by
Powell William Gary
Bought by
Whittaker Richard W and Whittaker Suzanne L
Seller's Agent
Lacey Howell
REMAX Around the Lake
Buyer's Agent
Hugh Neighbors III
Lake Martin Realty - Willow Point
List Price
$530,000
Sold Price
$457,500
Premium/Discount to List
-$72,500
-13.68%
Current Estimated Value
$752,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,509
Avg. Annual Appreciation
12.71%
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
Whittaker Richard W $457,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $457,500 -- --
09/27/2019 09/27/19 Sold $457,500 -13.7% --
08/30/2019 08/30/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $530,000 -- --
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 $1,640 $63,600 $0 $0
2023 $1,640 $641,770 $174,980 $466,790
2022 $1,160 $92,810 $33,976 $58,834
2021 $1,067 $85,316 $33,976 $51,340
2020 $972 $77,716 $33,976 $43,740
2019 $1,711 $70,114 $35,674 $34,440
2018 $1,919 $75,014 $33,976 $41,038
2017 $1,712 $68,480 $33,989 $34,491
2016 $1,762 $68,454 $33,976 $34,478
2014 $1,698 $329,500 $155,570 $173,930
Source: Public Records

Agents Affiliated with this Home

  • Lacey Howell

    Seller's Agent in 2019

    Lacey Howell

    RE/MAX

    (256) 307-2443

    110 Total Sales

    Section Image

  • H

    Buyer's Agent in 2019

    Hugh Neighbors III

    Lake Martin Realty - Willow Point

    (256) 750-5071

    15 Total Sales

    Section Image
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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-29

APN: 07-05-21-2-001-008000-0

Alabama Elmore County Eclectic 35010

505 Ridgeway Dr, Eclectic, AL

This home is located at 505 Ridgeway Dr, Eclectic, AL 36024 since 08 July 2019 and is currently estimated at $744,693. This property was built in 2002. 505 Ridgeway Dr is a home located in Elmore County with nearby schools including Eclectic Elementary School, Eclectic Middle School, and Elmore County High School.

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