NOT LISTED FOR SALE

847 Pine Island Point Scottsboro, AL 35769

Estimated Value: $410,000 - $657,527

0.41 Acre
$1,166,382 Price per Acre
18,034 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $300,000 $279 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,766/month

9 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Water Access
  • Kate Duncan Smith DAR Middle School Rated 9+
  • Docks
  • Boat Lift

About This Lot

As of February 2022

Main Channel Property featuring 125+/- ft. shoreline, 2 slip boat house w/electric hoist and rooftop sundeck, seawall, deep water and an amazing view! The property also includes a beautiful oversized deck that is attached to the boat house -- great for relaxing and entertaining! A large tree fell on top of the main home on the property. The sellers had a structural engineer come out and make sure that the foundation was structurally sound, so it is possible for the original structure to be rebuilt! The house on the property is 3 Bed, 3 Bath and 1,700sqft with an amazing view from the upstairs dining room!

Last Agent to Sell the Property

Kevin Primeau

Down Home Real Estate License #114893 Listed on: 01/19/2022

Last Buyer's Agent

Paul Carter

Leading Edge, R.E. Group License #92844

Leading Edge, R.E. Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,867

Lot Details

  • Lake Front
  • River Front
  • Property fronts a county road
  • Steep Slope
  • Wooded Lot

Schools

  • Claysville Middle Elementary School
  • Dar High School

Utilities

  • Septic Tank

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 35 / 1
  • Assessor Parcel Number 0605220000082000

Community Details

Overview

  • Pine Island Subdivision

Recreation

  • Water Access
  • Boat Lift
  • Boathouse
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$2,867

Lot Details

0

Listing Details

  • Current Use: Lot
  • Property Sub Type: LOT
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Guntersville,Tennessee River
  • Subdivision Name: Pine Island
  • Special Features: None

Exterior Features

  • Lot Features: Sloped, Steep Slope, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Lake/Pond, River, Boat Lift, Dock, River Front, Water Access, Waterfront
  • Waterfront: Yes
  • Other Structures: Boat House

Utilities

  • Sewer: Septic Tank
  • Electricity On Property: No
  • Water Source: Public

Schools

  • Middle Or Junior School: Claysville Middle School

Lot Info

  • Parcel Number: 0605220000082000
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 35

MLS Schools

  • Elementary School: Claysville
  • High School: Dar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 11, 2022
Sold by
Hughes Tracy and Hughes Lisa
Bought by
Idea Services Llc and Mill Village Partners Llc
Seller's Agent
Kevin Primeau
Down Home Real Estate
Buyer's Agent
Paul Carter
Leading Edge, R.E. Group
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$482,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,882
Avg. Annual Appreciation
13.69%
Original Mortgage
$504,000
Outstanding Balance
$468,002
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$14,880

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 27, 2014
Sold by
Bancorpsouth Bank
Bought by
Hughes Tracy and Hughes Lisa
Seller's Agent
Tracie Swann
Towne & Country Properties
Buyer's Agent
Tracie Swann
Towne & Country Properties
List Price
$159,000
Sold Price
$175,000
Premium/Discount to List
$16,000
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$120,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
847 Pine Island Point Llc
Bought by
Bancorpsouth Bank

Purchase Details

Closed on
Dec 10, 2008
Sold by
Lenox Spring Farm Llc
Bought by
847 Pine Island Llc

Purchase Details

Closed on
Mar 15, 2007
Sold by
Week Jack Lee and Weeks Kathleen Anne
Bought by
Lenox Spring Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.27%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Idea Services Llc $300,000 None Listed On Document
Idea Services Llc $300,000 None Listed On Document
Hughes Tracy $175,000 None Available
Bancorpsouth Bank $365,000 None Available
847 Pine Island Llc -- None Available
Lenox Spring Farms Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idea Services Llc $504,000
Closed Idea Services Llc $504,000
Previous Owner Hughes Tracy $120,000
Previous Owner Lenox Spring Farms Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2022 02/11/22 Sold $300,000 0.0% $279 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $300,000 +71.4% $279 / Sq Ft
03/21/2014 03/21/14 Sold $175,000 +10.1% $91 / Sq Ft View Prior Sale
02/19/2014 02/19/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $159,000 -- $82 / 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 $2,867 $74,840 $0 $0
2023 $2,867 $74,840 $37,800 $37,040
2022 $1,410 $37,420 $0 $0
2021 $1,410 $37,420 $0 $0
2020 $1,240 $32,880 $0 $0
2017 $1,239 $32,860 $0 $0
2015 -- $31,440 $0 $0
2014 -- $62,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1799057

ValleyMLS.com

APN: 060522-0-000-082000