NOT LISTED FOR SALE

811 Guy Lee Lake Rd Rainbow City, AL 35906

Estimated Value: $512,488 - $549,000

4 Beds
2.5 Baths
2,719 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $672,000 $247 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,047/month

51 Days on Market

Highlights

  • Water Access
  • Boat Lift
  • River Front
  • John S. Jones Elementary School Rated A-
  • Spa
  • 1.3 Acre Lot

About This Home

As of March 2023

RIDDLES BEND- WATERFRONT- BIG WATER- VIEWS- 2 STORY BOATHOUSE- HOME OFFICE- Beautifully renovated 4BDRM/2.5BTH family home nestled on 1.3 acres +/- overlooking the BIG WATER of the Coosa River! Awesome family room w/ ample natural light, soaring ceiling, exposed beams, a loft & killer water views! Kitchen w/ new cabinets, granite & tile backsplash! Dining w/ fplc. True master suite w/ HIS & HER vanity bowls & custom tile shower. Composite deck, patio & hot tub leading to a new 2 story main channel boathouse w/ 2 boat lifts, jet ski lifts & screen porch! Open deck off screen porch perfect for watching the children/guests enjoy all the water sports. Don't miss these big water & mountain views!

Last Agent to Sell the Property

Wes Sutton

Corporate South Realty,Inc License #78909 Listed on: 12/23/2022

Last Buyer's Agent

NonMLSmember MEMBER

NON VALLEYMLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1987

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 125 x 456 x 125 x 450
  • Property fronts a channel
  • River Front

Parking

  • 2 Car Garage

Interior Spaces

  • 2,719 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Double Pane Windows
  • Screened Porch
  • Crawl Space
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Spa
  • Water Access
  • Seawall
  • Boat Lift
  • Deck

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Septic Tank

Community Details

  • No Home Owners Association
  • Guy Lee Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 2109300001003.011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Living Area: 2719
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Lot Size: 125 x 456 x 125 x 450
  • Water Body Name: Coosa River
  • Subdivision Name: Guy Lee Lake Estates
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1987
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Range
  • Levels: One
  • Basement: Crawl Space
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 156
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: First
  • Room Living Room Area: 360
  • Room Kitchen Area: 156
  • Room Master Bedroom Area: 195

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Front, Water Access, Seawall, Boat Lift, Waterfront, Main Channel
  • Waterfront: Yes
  • Exterior Features: Hot Tub
  • Other Structures: Det. Bldg
  • Patio And Porch Features: Deck, Screened Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 2109300001003.011
  • Lot Size Sq Ft: 56628
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 13

MLS Schools

  • Elementary School: John S Jones Elementary
  • High School: Southside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Dec 11, 2015
Bought by
Reed William D and Reed Tamara L
Seller's Agent
Wes Sutton
Corporate South Realty,Inc
Buyer's Agent
Becky West
Bone Realty Company
List Price
$259,900
Sold Price
$233,500
Premium/Discount to List
-$26,400
-10.16%
Current Estimated Value
$532,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,329
Avg. Annual Appreciation
8.88%
Original Mortgage
$120,000
Outstanding Balance
$51,817
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$481,012

Purchase Details

Closed on
Dec 12, 2014
Sold by
Frank Frank and Erdmeier Martina
Bought by
Bowman Michael L and Bowman Brian M

Purchase Details

Closed on
Nov 17, 2011
Sold by
Mccain Jerry E
Bought by
Erdmeier Frank
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
Reed William D $233,500 --
Bowman Michael L $210,000 --
Erdmeier Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed William D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $672,000 0.0% $247 / Sq Ft
01/18/2023 01/18/23 Price Changed $672,000 -5.4% $247 / Sq Ft
12/23/2022 12/23/22 For Sale $710,500 +204.3% $261 / Sq Ft
03/16/2016 03/16/16 Off Market $233,500 -- --
12/11/2015 12/11/15 Sold $233,500 -10.2% $130 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $259,900 -- $144 / 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 $1,728 $43,340 $8,780 $34,560
2023 $1,676 $42,080 $8,780 $33,300
2022 $1,107 $28,200 $0 $0
2021 $930 $23,870 $8,780 $15,090
2020 $928 $23,840 $0 $0
2019 $928 $23,840 $0 $0
2017 $1,971 $48,080 $0 $0
2016 $850 $20,720 $0 $0
2015 $796 $48,080 $0 $0
2013 -- $20,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wes Sutton

    Seller's Agent in 2023

    Wes Sutton

    Corporate South Realty,Inc

    (256) 504-7665

    81 in this area

    368 Total Sales

    Wes Sutton
    Section Image

  • N

    Buyer's Agent in 2023

    NonMLSmember MEMBER

    NON VALLEYMLS OFFICE

  • Becky West

    Buyer's Agent in 2015

    Becky West

    Bone Realty Company

    (256) 393-0485

    2 Total Sales

    Becky West
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1824810

ValleyMLS.com

APN: 21-09-30-0-001-003.011

Alabama Etowah County Rainbow City 35906

811 Guy Lee Lake Rd, Rainbow City, AL

This home is located at 811 Guy Lee Lake Rd, Rainbow City, AL 35906 since 23 December 2022 and is currently estimated at $532,829, approximately $195 per square foot. This property was built in 1987. 811 Guy Lee Lake Rd is a home located in Etowah County with nearby schools including John S. Jones Elementary School, Southside High School, and Rainbow Middle School.

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