NOT LISTED FOR SALE

11 Buchanan Peninsula Cherokee, AL 35616

Estimated Value: $138,000

1.16 Acres
$118,966 Price per Acre
50,530 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $85,000

Est. 62% increase in value since last sale

Current estimated payment $734/month

44 Days on Market

Highlights

  • Waterfront Community
  • No HOA
  • Level Lot

About This Lot

As of August 2021

CABIN SITE AREA, PERFECT BUILDING SITE WITH 1.16 ACRE LOT IN BUCHANAN PENINSULA . LOTS 48 & 49 LOTS ARE DEEDED FOR DOCK ACCESS BY TVA FOR WATER ACCESS. VERIFYING THIS INFORMATION WITH TVA. DRONE PICTURES ARE COMING SOON SHOWIHG THIS STUNNING VIEWS OF BEAR CREEK LAKE WITH BEAUTIFUL WATERFRONT HOMES AROUND. DRIVE BY THERE, YOU WILL FALL IN LOVE WITH THIS AREA FROM THE FIRST TIME YOU WILL SEE. THIS AREA IS SO PEACEFULL, BEAUTIFUL WOODS AROUND, A PERFECT PLACE TO HAVE THOSE VACATIONS OR MAKE A PERMANENT RESIDENCE.

Last Agent to Sell the Property

Laila Vilinska-Jager

Crye-Leike REALTORS License #98196 Listed on: 05/27/2021

Crye-Leike REALTORS

Last Buyer's Agent

JACOB HARBIN

RE/MAX Today License #000118980

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 370 x 227
  • Level Lot

Schools

  • County Elementary And Middle School
  • County High School

Listing and Financial Details

  • Assessor Parcel Number 04-01-02-0-000-011.000

Community Details

Overview

  • No Home Owners Association
  • Boaz Community
  • Buchanan Peninsula Cabin Site Subdivision

Recreation

  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$40

Lot Details

0

Listing Details

  • Class: Land and Lots
  • Type: Lots
  • Easements: Water Rights
  • Frontage Len: 330
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 370 X 227
  • Road Surface Type: Paved
  • Shoals Pic Orig I D: 434704
  • Sp Lp Percent: 85
  • Subdivision Name: Buchanan Peninsula Cabin Site
  • Adjacent Parcels Available: No
  • Subdivide Yn: No
  • Agent Only_ L A1 User Code: S240_74340
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 73275.86
  • Possible Use: Residential (PossibleUse)

Exterior Features

  • Lot Features: Level
  • Waterfront Features: Community Access
  • Waterfront: No
  • Waterfront Name: Bear Creek Reservoir

Utilities

  • Utilities: None (Utilities)

Condo/Co-op/Association

  • Association: No
  • Community Name: Boaz

Schools

  • Elementary School: County
  • Middle School: County
  • High School: County

Lot Info

  • Range Aces: 1-2.99 acres
  • Acres: 1.16
  • Parcel Num: 04-01-02-0-000-011.000
  • Lot Depth: 227
  • Lot Frontage: 370

MLS Schools

  • Elementary School: County
  • Middle School: County
  • HighSchool: County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 4, 2021
Sold by
Walker Jeri A
Bought by
Floyd Samuel B and Floyd Maryanne O
Seller's Agent
Laila Vilinska-Jager
Crye-Leike REALTORS
Buyer's Agent
JACOB HARBIN
RE/MAX Today
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,000
Avg. Annual Appreciation
12.26%
Original Mortgage
$40,000
Outstanding Balance
$7,774
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$130,226

Purchase Details

Closed on
May 26, 2006
Sold by
Mcwilliams Michael D
Bought by
Walker Jeri A
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
Floyd Samuel B $85,000 None Available
Walker Jeri A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Samuel B $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $85,000 -15.0% --
07/10/2021 07/10/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $100,000 -- --
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $40 $1,320 $1,320 $0
2023 $40 $1,200 $0 $0
2022 $35 $1,160 $0 $0
2021 $22 $720 $0 $0
2020 $20 $680 $0 $0
2019 $20 $680 $0 $0
2018 $20 $680 $0 $0
2017 $22 $740 $0 $0
2016 $21 $700 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laila Vilinska-Jager

    Crye-Leike REALTORS

    Section Image
  • JACOB HARBIN

    Buyer's Agent in 2021

    JACOB HARBIN

    RE/MAX Today

    (256) 710-7911

    98 Total Sales

    JACOB HARBIN
    Section Image
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 167817

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 04-01-02-0-000-011.000

Alabama Colbert County Cherokee 35616

11 Buchanan Peninsula, Cherokee, AL

This home is located at 11 Buchanan Peninsula, Cherokee, AL 35616 since 27 May 2021 and is currently estimated at $138,000. 11 Buchanan Peninsula is a home located in Colbert County with nearby schools including Cherokee Elementary School and Cherokee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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