NOT LISTED FOR SALE

881 Lakewood View Rd Muscle Shoals, AL 35661

Estimated Value: $395,000 - $803,000

2 Beds
1.5 Baths
1,430 Sq Ft
$465/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $720,000 $503 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,765/month

86 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Property fronts a channel
  • Water Access
  • River Front
  • 1 Fireplace

About This Home

As of May 2024

Once-in-a-Generation Opportunity - Magnificent 5-Acre Private Riverside Estate. Immerse yourself in the breathtaking beauty of this pristine riverfront land cascading down to the water's edge with panoramic views and access to the banks of the Tennessee River. This unique multidimensional property promises a lifetime of cherished memories and untapped potential. Property features a cozy rustic 1430 sft. 2b/2b cabin with workshop, double deck boat dock, 210' ft shoreline, 11 RV rental spots with power, water and septic hookups. Whether you're seeking an investment, development opportunity or looking to build your custom dream home, Don't miss this extraordinary once in a lifetime opportunity!

Last Agent to Sell the Property

Stephen Cohen

A.H. Sothebys Int. Realty License #147707 Listed on: 02/16/2024

A.H. Sothebys Int. Realty

Last Buyer's Agent

NonMLSmember MEMBER

NON VALLEYMLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 2000

Lot Details

  • 5 Acre Lot
  • Property fronts a channel
  • River Front

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,430 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Gas Oven
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Water Access
  • Boat Lift
  • Jet Ski or Personal Watercraft Lift
  • Docks

Schools

  • Colbert Elementary School
  • Colbert Heights High School

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0906130001001.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Living Area: 1430
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Water Body Name: Tennessee River,Lake Wilson
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2000
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Gas Oven, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 108
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: First
  • Room Living Room Area: 396
  • Room Kitchen Area: 112
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 154
  • Room Dining Room Area: 56

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Front, Water Access, Boat Lift, Jet Ski Lift, Waterfront, Dock, Main Channel
  • Waterfront: Yes
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Electric
  • Cooling: None
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Colbert

Lot Info

  • Parcel Number: 0906130001001.000
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Colbert
  • High School: Colbert Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 21, 2024
Sold by
Kent Joyce W
Bought by
Mcclanahan Malcom
Seller's Agent
Stephen Cohen
A.H. Sothebys Int. Realty
Buyer's Agent
NonMLSmember MEMBER
NON VALLEYMLS OFFICE
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%
Views
147
Current Estimated Value
$665,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,796
Avg. Annual Appreciation
3.12%
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
Mcclanahan Malcom $720,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $720,000 -10.0% $503 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $800,000 -- $559 / 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 $1,087 $34,580 $19,560 $15,020
2023 $1,087 $32,420 $0 $0
2022 $714 $28,960 $0 $0
2021 $700 $28,380 $0 $0
2020 $700 $28,380 $0 $0
2019 $889 $27,960 $0 $0
2018 $851 $26,700 $0 $0
2017 $837 $26,240 $0 $0
2016 $817 $24,920 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Cohen

    Seller's Agent in 2024

    Stephen Cohen

    A.H. Sothebys Int. Realty

    (702) 561-9957

    31 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    NonMLSmember MEMBER

    NON VALLEYMLS OFFICE

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Map

Source: ValleyMLS.com

MLS Number: 21853517

ValleyMLS.com

APN: 09-06-13-0-001-001.000

Alabama Colbert County Muscle Shoals 35661

881 Lakewood View Rd, Muscle Shoals, AL

This home is located at 881 Lakewood View Rd, Muscle Shoals, AL 35661 since 16 February 2024 and is currently estimated at $665,204, approximately $465 per square foot. This property was built in 2000. 881 Lakewood View Rd is a home located in Colbert County with nearby schools including Hatton Elementary School and Colbert County High School.

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