NOT LISTED FOR SALE

55 Lema Ln Langston, AL 35755

Estimated Value: $718,000 - $765,000

4 Beds
3.5 Baths
2,866 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $415,000 $145 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,253/month

10 Days on Market

Highlights

  • Boathouse
  • Waterfront
  • Main Floor Primary Bedroom
  • Docks
  • Traditional Architecture
  • No HOA

About This Home

As of January 2016

Main Channel Waterfront Home featuring 4BD / 3.5 BA, New 2 Slip Open Boat House. Home offers 2,866+/-sq.ft, hardwood and tile floors, vaulted ceiling in living room and fireplace, large eat in kitchen, master suite has glamor bath with separate tub and shower, extra large laundry room with built in cabinets and sink, lake side sunroom, upstairs bonus room, and covered deck perfect for entertaining, and 2 car attached garage. This is a great waterfront home located at Davis Pointe. Move in Ready!!!

Last Listed By

Ken Williams

Lake Homes Realty of North Al License #021177 Listed on: 11/20/2015

Lake Homes Realty of North Al

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • 2007

Lot Details

  • Lot Dimensions are 110 x 236 x 100 x 246
  • Waterfront

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,866 Sq Ft Home
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Boathouse
  • Docks

Schools

  • Section Middle Elementary School
  • Section High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Davis Point Subdivision

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

2007

Lot Details

0

Listing Details

  • Living Area: 2866
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 110 x 236 x 100 x 246
  • Water Body Name: Tennessee River,Lake Guntersville
  • Co List Office Mls Id: 81000
  • Subdivision Name: Davis Point
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour
  • Year Built (Public Record): 2007

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Range, Wine Cooler
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 165
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 169
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: First
  • Room Living Room Area: 300
  • Room Kitchen Area: 198
  • Room Master Bedroom Area: 208

Exterior Features

  • View: Water
  • Waterfront Features: Waterfront, Dock
  • Waterfront: Yes
  • Other Structures: Boat House

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Section Middle School

Green Features

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 24

MLS Schools

  • Elementary School: Section Elementary School
  • High School: Section

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jan 15, 2016
Sold by
Sparks Jeff and Sparks Kristy
Bought by
Martin Kathleen R and Martin Victor M
Seller's Agent
Ken Williams
Lake Homes Realty of North Al
Buyer's Agent
Pam Krichev
South Towne Realtors, LLC
List Price
$449,500
Sold Price
$415,000
Premium/Discount to List
-$34,500
-7.68%
Total Days on Market
10
Current Estimated Value
$746,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,679
Avg. Annual Appreciation
6.52%

Range of Values:

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Average Value
Not Available
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
Martin Kathleen R $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparks Jeff $205,091
Previous Owner Sparks Jeffrey Wade $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Off Market $415,000 -- --
01/15/2016 01/15/16 Sold $415,000 -7.7% $145 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $449,500 -- $157 / Sq Ft
Source: ValleyMLS.com

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 $1,369 $52,540 $0 $0
2023 $1,369 $52,540 $0 $0
2022 $1,303 $50,040 $0 $0
2021 $1,303 $50,040 $0 $0
2020 $1,186 $45,620 $0 $0
2019 $1,201 $46,180 $0 $0
2018 $1,201 $46,180 $0 $0
2017 $1,166 $448,500 $0 $0
2016 $2,719 $412,000 $0 $0
2015 $1,585 $240,100 $0 $0
2014 $1,585 $240,100 $0 $0
2013 -- $240,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: ValleyMLS.com

MLS Number: 1033295

ValleyMLS.com

APN: 38-02-10-0-000-001.028