NOT LISTED FOR SALE

550 Preston Island Cir Scottsboro, AL 35769

Estimated Value: $1,024,000 - $1,280,000

3 Beds
5 Baths
2,733 Sq Ft
$417/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $880,000 $322 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,179/month

14 Days on Market

Highlights

  • Boathouse
  • Docks
  • 2 Fireplaces
  • Kate Duncan Smith DAR Middle School Rated 9+
  • Waterfront
  • No HOA

About This Home

As of July 2021

One of a kind! Builder's private residence and you can tell! Every inch of the 2 year old main house, guest house, and PRIVATE boathouse is perfect! Enjoy unobstructed views of the cove straight down the driveway and dock to the 2slip boathouse. Stroll to the water or use the included club car. During your tour look for the one car garage, guest house kitchenette, main house sleeping loft, shiplap walls, cedar columns and beams, double washer/dryer hookups, wine room/pantry, jack and jill bath, floored attic storage, brick two head walk in shower, underground storm shelter, outdoor bathroom, firepit, 4 season sun porch, generator, electric boat lifts, and more! CALL TODAY FOR YOUR TOUR!

Last Agent to Sell the Property

Laurel Glidden

Glidden Real Estate Services License #66488 Listed on: 05/15/2021

Last Buyer's Agent

Laurel Glidden

Glidden Real Estate Services License #66488 Listed on: 05/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Lot Details

  • 1.8 Acre Lot
  • Waterfront

Home Design

  • Slab Foundation

Interior Spaces

  • 2,733 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Water Access
  • Boathouse
  • Docks

Schools

  • Dar Elementary School
  • Dar High School

Utilities

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

Community Details

  • No Home Owners Association
  • Built by NORTH ALABAMA CONSTRUCTION SERVI
  • Preston Island Place Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 0606140000026.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Lot Details

0

Listing Details

  • Living Area: 2733
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Water Body Name: Lake Guntersville
  • Subdivision Name: Preston Island Place
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Appliances: 48 Built In Refrig, Dishwasher, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • View: Water
  • Waterfront Features: Water Access, Waterfront, Dock
  • Waterfront: Yes
  • Builder Name: NORTH ALABAMA CONSTRUCTION SERVI
  • Foundation Details: Slab
  • Other Structures: Boat House

Utilities

  • Heating: Central 1, Electric, See Remarks
  • Cooling: Central 1, Electric, Other
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Dar

Lot Info

  • Parcel Number: 0606140000026.000
  • Lot Size Sq Ft: 78408
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 88

MLS Schools

  • Elementary School: Grant
  • High School: Dar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 6, 2021
Sold by
Motes Sam and Motes Jenifer
Bought by
Knadler John Matthew
Seller's Agent
Laurel Glidden
Glidden Real Estate Services
Buyer's Agent
Laurel Glidden
Glidden Real Estate Services
List Price
$899,900
Sold Price
$880,000
Premium/Discount to List
-$19,900
-2.21%
Current Estimated Value
$1,139,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,658
Avg. Annual Appreciation
6.18%
Original Mortgage
$680,000
Outstanding Balance
$616,995
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$522,663

Purchase Details

Closed on
Dec 14, 2011
Sold by
Lutz Hartwell B and Lutz Ann Patrick
Bought by
Weaver Christopher Dodd

Purchase Details

Closed on
Mar 29, 2006
Sold by
Penney John and Prnney Tracy
Bought by
Lutz Hartwell B and Lutz Ann Patrick
Source: Public Records

Range of Values:

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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
Knadler John Matthew $880,000 None Available
Weaver Christopher Dodd -- None Available
Lutz Hartwell B $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knadler John Matthew $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market $880,000 -- --
07/07/2021 07/07/21 Sold $880,000 -2.2% $322 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $899,900 -- $329 / 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 $2,565 $68,200 $0 $0
2023 $2,565 $67,220 $0 $0
2022 $2,502 $66,520 $0 $0
2021 $780 $20,600 $0 $0
2020 $737 $19,460 $0 $0
2017 $682 $16,580 $0 $0
2015 -- $16,460 $0 $0
2014 -- $16,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1781596

ValleyMLS.com

APN: 060614-0-000-026000