NOT LISTED FOR SALE

89 Raywood Rd Eclectic, AL 36024

Estimated Value: $675,000 - $689,507

2 Beds
2 Baths
-- Sq Ft
0.78 Acres

Last Sold September 25, 2019

Last sale price $465,000

Est. 47% increase in value since last sale

Current estimated payment $3,804/month

156 Days on Market

Highlights

  • Boathouse
  • Pier
  • Lake House
  • 178 Feet of Waterfront
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2019

Looking for that special place that captures the historic Lake Martin experience for your family? Look no further! This traditional cabin is a RARE jewel situated on a large flat lot in the Castaway area. Lovely mature trees, blooming shrubs and multiple outside living & play spaces surround this 2BR/2BA cabin that includes everyone's favorite lake feature – the lakeside screened porch. Whether you keep this as a rustic cute-as-a-bug cabin or renovate, there's endless possibilities here for family enjoyment for years to come. A property of this type in good condition is especially hard to find in this highly desirable area, so schedule a visit soon to fully appreciate the charm and possibilities it offers. This is being sold ''As Is''

Last Agent to Sell the Property

Bill Yeatman

Loving Lake Martin Properties License #97773 Listed on: 03/18/2019

Loving Lake Martin Properties

Last Buyer's Agent

NonMember Agent

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1960

Lot Details

  • 0.78 Acre Lot
  • 178 Feet of Waterfront
  • Wooded Lot

Home Design

  • Lake House
  • Wood Walls
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Paneling
  • 1 Fireplace
  • Screened Porch
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Seawall
  • Boathouse
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07 06 23 0 004 031.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Water Body Name: Lake Martin
  • Directions: Take Hwy 229 towards Red Hill, Turn Left on Castaway Island Rd, Turn Right Lovejoy Plantation, then Left on Raywood house is on the left look for the sign
  • Architectural Style: Lake Home
  • Building Stories: 1
  • Year Built: 1960
  • Utilities Fuel: Alabama Power: Yes
  • Utilities Fuel: Cable T V: Yes
  • Cooling: Central( Elec)2: Yes
  • Exterior: Patio: Yes
  • Foundation: Crawl Space: Yes
  • Roof: Architectural: Yes
  • Siding: Wood Siding: Yes
  • Sewage: Septic: Yes
  • Exterior: Shrubs: Yes
  • Exterior: Wooded: Yes
  • Waterfront Frontage: 178+/-
  • Floors: Wood Floors: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior: Screen Porch: Yes
  • Miscellaneous Restrictions: C&R
  • Floors: Wallto Wall Carpet: Yes
  • Walls: Wood2: Yes
  • Walls: Paneling: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Wood
  • Appliances:Water Heater (Elec): Yes
  • Appliances:Range (Elec): Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks, Wooded
  • Waterfront Features: Pier, Boat House, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Screen Porch, Shrubs
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Roof: Architectural
  • Waterfront Features:Pier: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Boat House: Yes

Garage/Parking

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

Utilities

  • Cooling: Central (Elec)
  • Cooling Y N: Yes
  • Heating: Central (Elec)
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Central (Elec): Yes

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 33976.8
  • Parcel #: 07 06 23 0 004 031.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 936.5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Sep 25, 2019
Sold by
Hill Patricia Ray
Bought by
May Keith and May Mary A
Seller's Agent
Bill Yeatman
Loving Lake Martin Properties
Buyer's Agent
NonMember Agent
Non-Member
List Price
$489,900
Sold Price
$465,000
Premium/Discount to List
-$24,900
-5.08%
Current Estimated Value
$682,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,254
Avg. Annual Appreciation
6.47%
Original Mortgage
$372,000
Outstanding Balance
$327,038
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$348,130
Source: Public Records

Range of Values:

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Average Value
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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
May Keith $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Keith $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $465,000 -- --
09/25/2019 09/25/19 Sold $465,000 -5.1% --
08/22/2019 08/22/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $489,900 -- --
Source: Lake Martin 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 $1,376 $53,040 $0 $0
2023 $1,376 $530,380 $334,750 $195,630
2022 $1,122 $44,852 $32,500 $12,352
2021 $1,081 $43,162 $32,500 $10,662
2020 $1,031 $75,450 $57,992 $17,458
2019 $897 $74,610 $60,892 $13,718
2018 $937 $71,996 $57,992 $14,004
2017 $874 $34,960 $29,006 $5,954
2016 $932 $70,464 $57,992 $12,472
2014 $934 $352,870 $289,960 $62,910
Source: Public Records

Agents Affiliated with this Home

  • Bill Yeatman

    Seller's Agent in 2019

    Bill Yeatman

    Loving Lake Martin Properties

    (205) 835-2617

    44 Total Sales

    Bill Yeatman
    Section Image

  • N

    Buyer's Agent in 2019

    NonMember Agent

    Non-Member

See All Agents

Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 19-428

APN: 07-06-23-0-004-031000-0

Alabama Elmore County Eclectic 36024

89 Raywood Rd, Eclectic, AL

This home is located at 89 Raywood Rd, Eclectic, AL 36024 since 18 March 2019 and is currently estimated at $682,254. This property was built in 1960. 89 Raywood Rd is a home located in Elmore County with nearby schools including Tallassee Elementary School and Southside Middle School.

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