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550 Water Oak Ln, Talladega, AL, 35160

$1,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,250 SqFt
$369/SqFt
House

Location

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550 Water Oak Ln, Talladega$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Parking
Year Built1987
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceWoodburning, Brick (FIREPL)
ViewLake
MLS #21402740
Lot Size2.00 Acres
StatusActive

About 550 Water Oak Ln

Welcome to 550 Water Oak Lane! This custom-built, single owner home on the beautiful Logan Martin Lake is ready for its new owner. The A-frame style home features 3,250 SF with gorgeous wood accents and a full in-law suite downstairs, in addition to an approx. 6,000 SF detached garage and huge, covered boat dock. Inside the garage is a 60-foot pier ready to be installed w/ preapproved plans from AL Power (docs are in MLS). Covered boat dock has some final touches to be done, with the materials to finish on site and will go with the sale of the home. Owner has planned and setup garage with wiring and plumbing for three efficiency apartments, plus the materials to finish this project are also located inside of the garage. Fully floored, walkable storage located above garage. Additional lot with carport/storage included in the sale of the property. Potential income producing property! Would be perfect for a lakefront vacation property or a place to call home! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 1
  • Living Area: 3,250 SqFt

Listing Office:

  • Office Name: EXIT Legacy Realty
  • Office Phone: (205) 699-4837
  • Listing Agent: Kayla Jones

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Dishwasher, Stainless Steel Appliance(s), Ceiling Fan(s)
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile Floor
  • Interior: French Doors, Multiple Staircases, Recess Lighting, Split Bedroom
  • Fireplace: Woodburning, Brick (FIREPL)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Balcony, Boat House Private

Parking Information:

  • Parking: Driveway Parking

Virtual/3D Tour

  • Virtual Tour: 550 Water Oak Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Pell City take Highway 34, right on 207. Right on Renfroe Rd. Approximately 2 miles +/- go left at Lake in the Woods. Home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $369/SqFt

Tax Information:

  • Annual Amount: $2,973
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Talladega, AL.

Med. Sold Price

$223.5K

Med. Price/SqFt

$142

Avg. Days On Market

39

# of Sold Homes

10

550 Water Oak Ln vs Talladega

34 DAYS ON ROCKET

-5 Days

$1,200,000

+$976.5K More

$369/SqFt

+$227 More

KEY TAKEAWAY

This property is $976.5K more than the Median Sold Price and $227/SqFt more than other homes in Talladega, AL.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #21402740

Listing Office:

  • Office Name: EXIT Legacy Realty
  • Office Phone: (205) 699-4837
  • Listing Agent: Kayla Jones

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,973$102,500
2019$2,973$102,500
2018$2,945$101,560
2017$2,945$101,560

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1795
9
/10
  • Coosa Valley Elementary School

  • 3609 Martin St S

  • 6.20 miles

  • Public District Grades PK-4

school-card-donut-1796
5
/10
  • Walter M. Kennedy Elementary School

  • 250 Otis Perry Dr

  • 7.64 miles

  • Public District Grades PK-4

school-card-donut-1797
7
/10
  • Williams Intermediate School

  • 2000 Hardwick Rd

  • 7.68 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,421. The most common annual income of people living in Talladega, AL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Water Oak Ln

What is the listing price of this property?

The listing price of 550 Water Oak Ln property is $1,200,000.

What type of property is this?

The property 550 Water Oak Ln is a house located in Talladega, Alabama, 35160.

Is this property for sale now?

Active Listing: 550 Water Oak Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,973 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 550 Water Oak Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 550 Water Oak Ln is 3,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Water Oak Ln is 1987.

Rocket HomesAlabamaTalladega CountyTalladega35160550 Water Oak Ln

This home is located at 550 Water Oak Ln in Talladega, AL and zip code 35160. This 3,250 square foot home, which was built in 1987, sits on a 2.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,200,000.

In November 2024, from all listings sold in Talladega, AL there were more than 2 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Talladega, AL between October 2024 and November 2024 increased by 28.6%. While the average time on the market in November 2024 was 39 days, the median list price was $223,500.

From Rocket Homes Real Estate and based on county public records data.

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