NOT LISTED FOR SALE

975 N Ridge Alexander City, AL 35010

Estimated Value: $1,977,000 - $2,076,000

4 Beds
5 Baths
-- Sq Ft
1.45 Acres

Last Sold October 19, 2020

Last sale price $1,525,000

Est. 34% increase in value since last sale

Current estimated payment $10,870/month

21 Days on Market

Highlights

  • Waterfront
  • Reeltown Elementary School Rated 9+
  • Craftsman Architecture

About This Home

As of October 2020

Start enjoying lake life from this 4 bed, 4.5 bath new construction home in The Ridge. This Craftsman style residence offers cedar siding, a security system with phone app and quality construction by Wilmeth Builders LLC. A covered deck and large terrace are right on the water. A stone seawall and low-maintenance composite pier in great water make boating, fishing and swimming easy. A 2-car carport offers excellent parking! The family room features a cozy fireplace and leads into the gourmet kitchen. The master suite offers lake views and a private deck. Entertain in the lower level family room with access to the terrace. Spray foam, including between floors, keeps every room quiet while upgraded mechanical systems keep ownership costs low!

Last Agent to Sell the Property

Haley McKelvey

Lake Martin Realty - Dadeville License #101373 Listed on: 08/07/2020

Last Buyer's Agent

Becky Haynie

Lake Martin Realty - Ourtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 2019

Lot Details

  • 1.45

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Craftsman Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • 2-Story Property
  • Waterfront

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803060004008.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Lake Martin
  • Subdivision Name: The Ridge
  • Directions: Hwy 63 to Windermere Rd, turn right at The Ridge neighborhood entrance, go through guardhouse and take North Ridge. Property is on the left just past Ridgeview Point before causeway
  • Architectural Style: Craftsman
  • Building Stories: 2
  • Year Built: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • General Property Description:Garage Stall2: 2
  • General Property Description:Garage Remarks2: Carport

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Parcel #: 0803060004008.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Stingily Karl and Stingily Susan
Bought by
Mobley Jesse Hunt and Mobley Lindsey
Current Estimated Value
$2,042,090

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 15, 2020
Sold by
Marshall James P and Marshall Helen I
Bought by
Stingily Karl and Stingily Susan
Seller's Agent
Haley McKelvey
Lake Martin Realty - Dadeville
Buyer's Agent
Becky Haynie
Lake Martin Realty - Ourtown
List Price
$1,525,000
Sold Price
$1,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Apr 26, 2019
Closed on
Oct 18, 2019
Sold by
Wilmeth Builders Llc
Bought by
Marshall James P and Marshall Helen I
Seller's Agent
Becky Haynie
Lake Martin Realty - Willow Point
Buyer's Agent
Haley McKelvey
Lake Martin Realty - Dadeville
List Price
$1,245,000
Sold Price
$1,215,000
Premium/Discount to List
-$30,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.23%
Original Mortgage
$972,000
Interest Rate
3.5%
Mortgage Type
Purchase Money 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
Mobley Jesse Hunt $1,975,000 None Listed On Document
Stingily Karl $1,525,000 None Available
Marshall James P $1,215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall James P $972,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Off Market $1,215,000 -- --
06/22/2023 06/22/23 Off Market $1,525,000 -- --
10/19/2020 10/19/20 Sold $1,525,000 0.0% --
08/29/2020 08/29/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,525,000 +25.5% --
10/18/2019 10/18/19 Sold $1,215,000 -2.4% -- View Prior Sale
09/07/2019 09/07/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $1,245,000 -- --
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 $2,166 $85,180 $0 $0
2023 $2,180 $857,330 $279,360 $577,970
2022 $2,916 $232,686 $60,342 $172,344
2021 $5,332 $106,633 $30,171 $76,462
2020 $4,478 $168,306 $60,342 $107,964
2019 $1,509 $55,872 $55,872 $0
2018 $1,397 $57,548 $57,548 $0
2017 $1,439 $57,540 $57,540 $0
2016 $1,397 $55,872 $55,872 $0
2014 -- $288,000 $288,000 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Haley McKelvey

    Lake Martin Realty - Dadeville

  • B

    Buyer's Agent in 2020

    Becky Haynie

    Lake Martin Realty - Ourtown

  • l

    Buyer's Agent in 2020

    lma.rets.haynieb

    lma.rets.RETS_OFFICE

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Map

Source: Lake Martin Area Association of REALTORS®

MLS Number: 20-951

APN: 08-03-06-0-004-008000-0

Alabama Elmore County Alexander City 35010

975 N Ridge, Alexander City, AL

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