NOT LISTED FOR SALE

549 Spout Springs Loop Muscle Shoals, AL 35661

Estimated Value: $389,000 - $556,000

4 Beds
2 Baths
1,950 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $326,675 $168 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,590/month

85 Days on Market

Highlights

  • Lake Front
  • Sun or Florida Room
  • Separate Outdoor Workshop
  • Deck
  • High Ceiling
  • 1 Car Detached Garage

About This Home

As of June 2021

SALE FELL!! With no fault of this home, we have had to put this great buy back on the market.200' of waterfront! Make this lake property whatever you like! With the million dollar view you will want to keep it forever! An excellent lake camp for a very affordable price! OR a permanent residence, as it is currently! Four bedroom/ two bath home with amazing million dollar view of Wilson Lake! Low maintenance home with big master suite and large kitchen! Sunroom was added on which walks out to lush green grass and big yard! Play ball, garden, let the kiddos romp! In addition to the main house, there are outbuildings which are wonderful for sportsmen, gardeners, hobbyist, and worker-bees! Plenty of space! Two-story garage is approximately 1076 sq. ft. You will love the landscape here with lots of plantings. Walk down to the two story concrete pier through shady trees and wonderful scenery! Where else will you find nearly 2 acres on the Tennessee River, close to Robert Trent Golf Course!

Last Agent to Sell the Property

Jeannie Rogers

Coldwell Banker Pinnacle Properties License #000054747 Listed on: 01/28/2021

Coldwell Banker Pinnacle Properties

Co-Listed By

LIZ MARBURY

Coldwell Banker Pinnacle Properties License #124696

Last Buyer's Agent

Jeannie Rogers

Coldwell Banker Pinnacle Properties License #000054747 Listed on: 01/28/2021

Coldwell Banker Pinnacle Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1984

Lot Details

  • 1.91 Acre Lot
  • Lot Dimensions are 200.0 x 415.0
  • Lake Front
  • Chain Link Fence

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Driveway

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Steel Frame
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Tile Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Muscle Shoals Elementary And Middle School
  • Muscle Shoals High School

Utilities

  • Cooling Available
  • Central Heating
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Beverly Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-02-09-0-002-001.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1950
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 200.0 X 415.0
  • Shoals Pic Orig I D: 433206
  • Subdivision Name: Beverly Heights
  • Agent Only_ L A1 User Code: S8_11486
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling-High, Eat-in Kitchen, Primary Shower & Tub
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Fireplace Features: Wood Burning
  • Bathrooms Level 1: 2
  • Full Bathrooms: 2
  • Basement: None (Basement)
  • Attic: Access Only
  • Flooring: Tile (Flooring)
  • LivingArea: 1950
  • Price Per S Q F T: 167.53
  • Total Bedrooms: 4
  • Room Type: Kitchen (RoomType), Sunroom (RoomType)

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Frame/Steel, Vinyl Siding
  • Foundation Details: Slab
  • OtherStructures: Workshop (OtherStr)
  • Patio And Porch Features: Deck (PatioAndPorch)
  • Roof: Flat, Metal, Shingle
  • Waterfront Features: Lake (WaterfrontFeatures)
  • Waterfront: Yes
  • Fencing: Chain Link
  • Waterfront Name: Wilson Lake

Garage/Parking

  • Parking Features: Carport - Detached, Concrete (Parking), Driveway, Garage - Detached
  • Carport Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Central Unit, Electric (Heating)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Schools

  • Elementary School: Muscle Shoals
  • Middle School: Muscle Shoals
  • High School: Muscle Shoals

Lot Info

  • Range Aces: 1-2.99 acres
  • Acres: 1.91
  • Parcel Num: 09-02-09-0-002-001.000

Building Info

  • Year Built: 1984
  • BuildingAreaTotal: 1950

MLS Schools

  • Elementary School: Muscle Shoals
  • Middle School: Muscle Shoals
  • HighSchool: Muscle Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jun 3, 2021
Sold by
Weaver Nelson E
Bought by
Norwood Gregory James and Norwood Erin
Seller's Agent
Jeannie Rogers
Coldwell Banker Pinnacle Properties
Buyer's Agent
Jeannie Rogers
Coldwell Banker Pinnacle Properties
List Price
$339,000
Sold Price
$326,675
Premium/Discount to List
-$12,325
-3.64%
Current Estimated Value
$465,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,036
Avg. Annual Appreciation
8.49%
Original Mortgage
$260,675
Outstanding Balance
$236,009
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$229,702
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
Norwood Gregory James $326,675 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Gregory James $260,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $326,675 -3.6% $168 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $339,000 -- $174 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $1,327 $42,580 $30,320 $12,260
2023 $1,327 $40,180 $0 $0
2022 $1,130 $36,000 $0 $0
2021 $1,026 $35,120 $0 $0
2020 $969 $34,620 $0 $0
2019 $1,026 $33,980 $0 $0
2018 $969 $32,060 $0 $0
2017 $969 $32,060 $0 $0
2016 $938 $30,000 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 167012

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 09-02-09-0-002-001.000