NOT LISTED FOR SALE

1073 County Road 1488 Cullman, AL 35058

Estimated Value: $209,424 - $214,000

4 Beds
3 Baths
2,228 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $185,000 $83 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,134/month

65 Days on Market

Highlights

  • No HOA
  • Fairview Middle School Rated 9+
  • 2 Car Garage

About This Home

As of August 2022

What an awesome find at a perfect price! 4 beautiful unrestricted acres minutes from town, schools and the interstate. HGTV fanatics rejoice, you have the opportunity to remodel this house into a beautiful home. It isn't just your regular 3 bedroom 2 bath home, this house sports a full studio apartment above the garage for a parent you need close to you, a teenager you need a little farther away from you, or that extra rental income. Seller is offering a $5,000 allowance to help you jump start your renovation. Don't let this one pass you by!

Last Agent to Sell the Property

Kevin Rice

SR4 Realty LLC License #131679 Listed on: 05/12/2022

Last Buyer's Agent

Kevin Rice

SR4 Realty LLC License #131679 Listed on: 05/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 1992

Lot Details

  • 4.05 Acre Lot
  • Lot Dimensions are 480x635

Parking

  • 2 Car Garage

Interior Spaces

  • 2,228 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Fairview Elementary And Middle School
  • Fairfield High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Goldridge Community

Listing and Financial Details

  • Assessor Parcel Number 10-03-08-0-000-008.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$359

Year Built

Built in 1992

Lot Details

4.05 Acres

Parking

2

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2228
  • Built Before 1978 (Y/N): No
  • Closing Attorney: Acton
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 480x635
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 80.43
  • Subdivision Name: None
  • Mortgage Lender: Guild
  • GarageYN: Yes
  • Agent Only_ L A1 User Code: C10701127061686
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Basement YN: No
  • LivingArea: 2228
  • Price Per S Q F T: 83.03
  • Total Bedrooms: 4
  • FireplaceYN: No

Beds/Baths

  • Total Bathrooms: 3

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Name: Goldridge

Lot Info

  • Acres: 4.05
  • Parcel Num: 10-03-08-0-000-008.001

Building Info

  • Year Built: 1992
  • BuildingAreaTotal: 2228

Tax Info

  • Year: 2021
  • Tax Annual Amount: 359.32

MLS Schools

  • Elementary School: Fairview
  • Middle School: Fairview
  • HighSchool: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 18, 2022
Sold by
Cody Lancaster
Bought by
Draper Robert and Draper Pamela
Seller's Agent
Kevin Rice
SR4 Realty LLC
Buyer's Agent
Kevin Rice
SR4 Realty LLC
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%
Current Estimated Value
$211,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,712
Avg. Annual Appreciation
3.83%
Original Mortgage
$138,750
Outstanding Balance
$132,325
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$79,387

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 5, 2022
Sold by
Cody Lancaster
Bought by
Chastain Brenda Cay
Seller's Agent
Kevin Rice
SR4 Realty LLC
Buyer's Agent
Kevin Rice
SR4 Realty LLC
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$132,325
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$79,387

Purchase Details

Closed on
Apr 25, 2020
Sold by
Lancaster Cynthia D
Bought by
Lancaster James Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,089
Interest Rate
3.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Draper Robert $6,500 Baggett & Wilson Llc
Chastain Brenda Cay $185,000 Baggett & Wilson Llc
Lancaster James Danny $90,089 Equity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chastain Brenda Cay $138,750
Previous Owner Lancaster James Danny $90,089
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $185,000 -19.6% $83 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $230,000 0.0% $103 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $230,000 -- $103 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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
2025 $41 $1,560 $0 $0
2024 $38 $1,460 $0 $0
2023 $38 $1,460 $0 $0
2022 $869 $33,420 $0 $0
2021 $359 $13,820 $0 $0
2020 $293 $11,700 $0 $0
2019 $293 $11,700 $0 $0
2018 $293 $11,300 $0 $0
2017 $0 $12,140 $0 $0
2016 $0 $11,680 $0 $0
2014 -- $11,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 505425

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 10-03-08-0-000-008.001

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