See Home Value
Rainbow City 35906
987 CHARADA LAKE RD
$732,136*
House - Off Market

987 CHARADA LAKE RD

RAINBOW CITY, AL 35906
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$449,000 - $547,000
Reference Base Price*
46.75%
Since Aug 1, 2019
National-US
Primary Model
Sold Jul 26, 2019
$487,500
$438,750 by Iberiabank
Mortgage
Sold Nov 29, 2012
$281,500

About This Property

Lake Lover's DREAM with year round DEEP WATER! You will be amazed at the gorgeous VIEWS all around this 1+ acre lot located on Neely Henry Lake. Launch your boats on your very own private BOAT LAUNCH. Store multiple boats & PWCs in the ENCLOSED dual slip boat house which also has interior & exterior parking for a PWC.  Open Decking encircles the boat house perfect for swimming or fishing. There are keystone & rip rap reinforced cement SEA WALLS all around the water's edge. Inside there is NATURAL LIGHT galore & SPECTACULAR VIEWS from the master suite, eat-in kitchen, living room, sunroom/office, & an additional bedroom.  The chef in the family will love the GOURMET gas stove, continuous clean oven, granite counters, & 2 huge pantries. The large master suite has 2 vanities, jetted tub, walk-in shower, & a spacious walk-in closet. Upstairs features a 5th bedroom & a bath as well as a MEDIA room & a large BONUS room on each side of the 5th bedroom. Call today! Don't miss this opportunity!
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

Price History

Date / Event Date Event Price
Jul 29, 2019 No longer available -
No longer available
May 20, 2019 Price Decreased $498,900
↓ $31K (5.9%)
Price Decreased
Apr 24, 2019 Price Decreased $529,900
↓ $20K (3.6%)
Price Decreased
Jan 12, 2019 Listed $549,900
Listed

Property Highlights

Fireplace
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 49,440
  • Lot Size Depth Feet: 2,060
  • Lot Size Frontage Feet: 2,400
  • Total Building Area: 3,556
  • Building Area: 3,556
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GUYLEE LAKE EST 1ST ADD
  • Land Acres: 1.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H/S BASE YEAR LT 3 GUYLEE LAKE EST 1ST ADD PLAT I-137 25-13-5 1273-146,1823-337,1823-345,D-2012-3377298,D-2019-3487847 GUYLEE

Ownership

  • Current Owner : DEAN GEOFFREY B
  • Current Owner 2: DEAN STEPHANIE M
  • Previous Owner : TURNIPSEED LIBBY A
  • Owner Before Previous Owner: TURNIPSEED J DOUGLAS
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Etowah County School District
  • Census Tract: 010402

Geography

  • Account Number: 239631
  • Parcel: 20-07-25-0-001-001.054
  • Lot: 3
  • Meridian: SEC 25 TWN 13S RNG 5E
  • Municipality: RAINBOW CITY
  • Latitude: 33.8698
  • Longitude: -86.0707

    Address

  • Full Address: 987 Charada Lake Rd
  • Address - House Number: 987
  • Address - Street Name: Charada Lake
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Rainbow City
  • Carrier Code: R004
  • 4-Digit Zip Code: 7322
  • Zip Code: 35906

Valuation

    Tax

  • Total Area: 3,378
  • Tax Year: 2023
  • Tax Amount: $2,344
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 683,971
  • High Value: 829,874
  • Low Value: 538,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,750
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2019
  • First Open Lien Mortgage Loan Amount: $438,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $571,500
  • Market Land Value: $69,300
  • Market Improvement Value: $502,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,300
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $100,440

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11628140637
  • Current Sale Price: $487,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3487847
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 27, 2012
  • Previous Sale Amount: $281,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $438,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$494,900 Oct 27, 2023
-
-

About Rainbow City


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Frequently Asked Questions

When was property at 987 Charada Lake Road built and last sold?
The property at 987 Charada Lake Road was built in 1993 and last sold on Jul 25, 2019 for $487,500.
How much is this home worth?
The estimated value of the home located at 987 Charada Lake Road is $503,889.
What are some comparable homes to 987 Charada Lake Road?
There are currently no comparable homes to 987 Charada Lake Road.

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