NOT LISTED FOR SALE

6814 County Road 40 Arley, AL 35541

Estimated Value: $575,157 - $733,000

3 Beds
2 Baths
2,100 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $420,000 $200 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,593/month

129 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Boat Lift
  • Cooling Available
  • Meek Elementary School Rated 9+
  • Cottage
  • Property is in excellent condition

About This Home

As of January 2021

ROCK CREEK-Adorable Lake Cottage with the most AMAZING VIEW and Year Round Water. 3 BR 2 BA, Extras Includes: SCREEN PORCH, BONUS ROOM, BUNKROOM, SINGLE SLIP BOAT HOUSE with LIFT and 2 PWC PORTS. This Home has the Cutest Rustic Touches, Well Maintained and Ready to Go......Call Today !

Last Agent to Sell the Property

Cindy Abbott

West Alabama Bank & Trust License #000000 Listed on: 08/05/2020

Last Buyer's Agent

Justin Dyar

Lake Homes Realty License #000079039

Lake Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,535

Lot Details

  • 0.7 Acre Lot
  • 350 Feet of Waterfront
  • Property is in excellent condition

Home Design

  • Cottage

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Boat Lift

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 67 11 02 09 0 200 010.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,535

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Water Body Name: Rock Creek
  • Subdivision Name: none
  • Directions: From Arley, Turn onto 77, Left onto 40 Follow 40 Home on the Right Just Outside of Iron Gate.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Schools Middle Schools: County
  • Schools High Schools: County
  • Waterfront Frontage: 350 +/-
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven (Elec), Range (Elec), Refrigerator, Water Heater (Elec)
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Oven (Elec): Yes
  • Appliances:Range (Elec): Yes
  • Appliances:Water Heater (Elec): Yes

Exterior Features

  • Waterfront Features: Boat Lift
  • Waterfront: Yes
  • Property Condition: Excellent
  • Waterfront Features:Shoreline: YR/Deep Shoreline
  • Waterfront Features:Boat Lift: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Remarks2: None
  • General Property Description:Garage Stall2: 0

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Arley
  • Heating:Heat Pump: Yes
  • Heating:Fire Place: Wood Burning

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 67 11 02 09 0 200 010.000
  • Zoning: _

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Jan 28, 2021
Sold by
Stumbo William C and Stumbo Pamela A
Bought by
Welch Anthony K and Welch Elizabeth A
Seller's Agent
Cindy Abbott
West Alabama Bank & Trust
Buyer's Agent
Justin Dyar
Lake Homes Realty
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$634,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,789
Avg. Annual Appreciation
7.79%
Original Mortgage
$336,000
Outstanding Balance
$303,782
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$290,124

Purchase Details

Closed on
Oct 31, 2008
Sold by
Paasch Herman A and Paasch Sherman E
Bought by
Stumbo William C and Stumbo Pamela A
Source: Public Records

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
Welch Anthony K $420,000 None Available
Stumbo William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Anthony K $336,000
Previous Owner Stumbo William C $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $420,000 0.0% $200 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $420,000 -- $200 / Sq Ft
Source: Walker 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 $2,535 $90,540 $0 $0
2023 $2,535 $85,920 $0 $0
2022 $2,099 $74,980 $0 $0
2021 $986 $70,380 $0 $0
2020 $914 $32,640 $0 $0
2019 $914 $32,640 $0 $0
2018 $864 $30,860 $0 $0
2017 $802 $308,580 $0 $0
2016 $802 $308,580 $0 $0
2015 $817 $314,280 $0 $0
2014 $762 $293,000 $0 $0
2013 -- $307,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Walker Area Association of REALTORS®

MLS Number: 20-1438

APN: 11-02-09-0-200-010.000