NOT LISTED FOR SALE

81 Wells Rd Eclectic, AL 36024

Estimated Value: $897,000 - $1,558,644

3 Beds
3 Baths
1,977 Sq Ft
$676/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,530,000 $774 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,131/month

91 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Deck
  • Eclectic Elementary School Rated A-
  • Mature Trees
  • Vaulted Ceiling

About This Home

As of October 2023

This beautiful 3B/3Ba home sits on a flat, big water/pano view with 340 +/- ft of waterfront and new concrete seawall. Water level provides year-round boating opportunities with concrete boat ramp near the dock. Newly constructed (LMDC) covered dock with metal roofing, composite decking, Titan steps, floating dock, fan, lights, and boat lift. Property is located in the Little Kowaliga Creek area of Lake Martin. Property is an easy boat ride to Real Island Marina, Kowaliga Restaurant, and Church in the Pines. It is a 15-minute car ride to Russell Crossroads, Catherine's, and Fannie Mae's Diner. New zoysia sod and numerous flat stone paths lead to water steps, dock, and new stone fire pit with flat stone sitting area. There is an irrigation system with a new pump. The exterior has been updated with privacy screens and a drive-thru carport, freshly painted to match the home.The interior was remodeled in 2016 and all interior walls were painted in 2022. Kitchen has granite countertops, prep island and wood-clad range hood. Appliances convey and include a new Samsung refrigerator, Kitchen Aid gas range, oven, convection/microwave, and a large Maytag dishwasher. The multi-purpose room off the kitchen includes an extra Whirlpool refrigerator with ice maker and GE washer and dryer. All exterior lighting and fans were replaced in 2022. Home has an exterior/interior sound system. Updated screen porch includes twin-size swing bed. Upstairs balcony has been updated with composite flooring and new railing. New 31x24' raised deck is constructed of composite decking. Outside storage includes a 20x25' storage building with fans and lights that could be easily converted into a garage or guest cottage. An additional metal building is perfect for storage of lake toys and gardening supplies. The property includes an in-ground storm shelter.

Last Agent to Sell the Property

Helen Taylor

Kathi Little Realty, LLC. License #0138176 Listed on: 07/20/2023

Co-Listed By

Kathryn Little

Kathi Little Realty, LLC. License #0117305

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.88 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Sprinkler System
  • Mature Trees

Home Design

  • Slab Foundation
  • HardiePlank Siding

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Driveway Spaces
  • 4 Detached Carport Spaces

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Outdoor Fireplace
  • Separate Outdoor Workshop

Schools

  • Eclectic Elementary School
  • Eclectic Middle School
  • Elmore County High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-01-11-0-001-113000-0

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.88 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 2 Story
  • Total Sq Ft: 1977
  • Year Built: 1962
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Flooring: Carpet - Wall to Wall, Hard Tile, Vinyl Plank
  • Interior Amenities: Blinds/Mini Blinds, Ceiling(s) 9ft or More, Ceiling(s) Vaulted, Dryer, Pull Down Stairs to Attic, Smoke/Fire Alarm, Surround Sound, Walk In Closet(s), Washer, Window Treatments All Remain
  • Kitchen Feature: Breakfast Bar, Convection Oven, Cooktop/Oven-Gas, Dishwasher, Double Oven, Icemaker Connect For Fridge, Microwave, Pantry, Range Gas, Range Hood, Refrigerator, Self/Continuous Clean Oven, Work Island
  • Room Count: 10

Exterior Features

  • Construction: Hardieboard
  • Exterior Feature: Balcony, Deck, Fence-Partial, Fireplace, Mature Trees, Porch-Screened, Sprinkler System Underground, Storage-Detached, Storm Shelter/See Remarks, Water Access, Workshop
  • Flood: No
  • Foundation: Slab
  • Pool: No
  • Waterfront Type: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Number Of Carport Spaces: 4.00
  • Number Of Pad Spaces: 4.00
  • Parking: Carport Detached, Driveway

Utilities

  • Cooling: Ceiling Paddle Fan(s), Central Electric
  • Electric Authority: Alabama Power
  • Heating: Central Electric, Propane
  • Sewer: Septic System
  • Trash Services: Private, See Remarks
  • Utilities: Cable TV Available, Electric Power, High Speed Internet, Propane/Butane Gas
  • Water: Public
  • Water Authority: Central Elmore Water & Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.880000
  • Parcel Number: 06-01-11-0-001-113000-0
  • Lot Dimension: 38,332.8sf

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Eclectic Elementary School
  • School High: Elmore County High School
  • School Middle: Eclectic Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 20, 2023
Sold by
Johnson Michael B and Johnson Rosemary M
Bought by
Borden Ashley and Borden Thomas Mark
Seller's Agent
Helen Taylor
Kathi Little Realty, LLC.
Buyer's Agent
Non Member
Non-Member Office
List Price
$1,549,000
Sold Price
$1,530,000
Premium/Discount to List
-$19,000
-1.23%
Views
154
Current Estimated Value
$1,336,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,089
Avg. Annual Appreciation
-5.58%
Original Mortgage
$1,000,000
Outstanding Balance
$915,936
Interest Rate
6.52%
Mortgage Type
New Conventional
Estimated Equity
$420,975

Purchase Details

Closed on
Apr 29, 2022
Sold by
Schmitt Michael and Schmitt Julie B
Bought by
Johnson Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.98%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 10, 2021
Sold by
Strickland Cecilia Ann Williams
Bought by
Schmitt Michael and Schmitt Julie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Strickland Strickland Cecilia Ann Williams Cecilia Ann Willi and Strickland Williams
Bought by
Strickland Cecilia Ann Williams
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Borden Ashley $1,530,000 None Listed On Document
Borden Ashley $1,530,000 None Listed On Document
Johnson Michael B $1,250,000 Attorney Only
Schmitt Michael $1,050,000 None Available
Strickland Cecilia Ann Williams $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borden Ashley $1,000,000
Closed Borden Ashley $1,000,000
Previous Owner Johnson Michael B $600,000
Previous Owner Schmitt Michael $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $1,530,000 -1.2% $774 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $1,549,000 -- $784 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $3,014 $89,140 $0 $0
2023 $1,607 $901,330 $476,380 $424,950
2022 $1,695 $67,787 $46,250 $21,537
2021 $1,618 $64,717 $46,250 $18,467
2020 $1,550 $61,967 $46,250 $15,717
2019 $1,467 $60,900 $48,563 $12,337
2018 $1,450 $55,651 $46,250 $9,401
2017 $1,357 $54,260 $46,283 $7,977
2016 $1,407 $108,442 $92,500 $15,942
2014 $1,310 $503,870 $423,540 $80,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 542396

Montgomery Area Association of REALTORS®

APN: 06-01-11-0-001-113000-0

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