NOT LISTED FOR SALE

1122 Shortown Branch Rd Unit 107A Bessemer, AL 35023

Estimated Value: $53,000 - $207,000

10.5 Acres
$10,190 Price per Acre
457,380 Sq Ft Lot

Last Sold July 15, 2022

Last sale price $70,000

Est. 53% increase in value since last sale

Current estimated payment $658/month

Highlights

  • 539 Feet of Waterfront
  • Gated Community
  • Gated Home
  • Fishing Allowed
  • Lake View

About This Lot

As of July 2022

Back on the market due to buyer financing falling through! Acreage located on Valley Creek area of Warrior River. Easy access to water on slough side of property. Gated entrance for privacy. Perfect site for an RV, manufactured home or to build your dream home on. Beautiful water views from the property. Has propane, water, septic and electricity (to be connected soon) on site; includes an RV hookup as well. Great investment for this market! Manufactured home on property is older (14x70 May 1984) would make a great project for a vintage camper enthusiast. It would also be turned into a tiki bar, hunting cabin or broken down and sold for scrap. So many options! Sellers are willing to entertain all reasonable offers. Call today to schedule a private tour.

Last Agent to Sell the Property

Stephanie Millard

eXp Realty, LLC Central Listed on: 07/31/2021

eXp Realty, LLC Central

Last Buyer's Agent

Justin Marcus

Marcus Family Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $990

Lot Details

  • 10.5 Acre Lot
  • 539 Feet of Waterfront
  • Gated Home
  • Irregular Lot
  • Few Trees
  • Property is zoned A1

Schools

  • Oak Grove Elementary And Middle School
  • Oak Grove High School

Additional Features

  • Lake Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 18-00-25-0-000-109.000

Community Details

Recreation

  • Fishing Allowed
  • Water Access
  • Swimming Allowed

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$990

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Easements
  • Down Payment Assistance: No
  • Legal Description: PT OF LOT 107-A WARRIOR WOODS 20/99 DESC AS FOL: BEG AT THE SE COR OF SD LOT TH SW 649.4 FT TH SWLY 669.5 FT TH SWLY 104.7 FT TH SELY 210 FT TH SWLY 310 FT TH NWLY 170 FT TH SWLY 168.3 FT TH NE 60 FT TH NLY 200 FT TH NELY 370 FT TH SELY 25 FT TH NELY ALG
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Warrior River
  • Waterfront Frontage: 539
  • Road Access: County Road, Paved Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Electricity, Gas, Water
  • Utilities On-site: Electricity, Gas, Water

Condo/Co-op/Association

  • Amenities: Boats-Motorized Allowed, Direct Water Access, Fishing Allowed, Gated- Private, Swimming Allowed

Schools

  • Elementary School: OAK GROVE
  • Middle School: OAK GROVE
  • High School: OAK GROVE

Lot Info

  • Assessor Parcel Number: 18-00-25-0-000-109.000
  • Lot Description: Acreage, Irregular Lot, Some Trees
  • Lot View: Lake/Water View
  • Number Acres: 10.5
  • Zoning: A1
  • Best Use Per Zone: Manufactured (BESTUSE), Residential
  • Improvements: Gated Entrance, Storage Building, Value In Land Only
  • List Price per Acre: 9523.81
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Agricultural (AREA), Residential
  • Unit/Lot Number: 107A

Tax Info

  • Tax District: County
  • Annual Tax: 990

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: OAK GROVE
  • High School: OAK GROVE
  • Jr Middle School: OAK GROVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Jul 15, 2022
Sold by
Owens Adam W and Owens Meghan E
Bought by
Reichmann Tens and Reichmann Sandra K
Seller's Agent
Stephanie Millard
eXp Realty, LLC Central
Buyer's Agent
Justin Marcus
Marcus Family Realty LLC
List Price
$170,000
Sold Price
$70,000
Premium/Discount to List
-$100,000
-58.82%
Current Estimated Value
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,000
Avg. Annual Appreciation
14.09%
Original Mortgage
$59,500
Outstanding Balance
$56,607
Interest Rate
5.09%
Mortgage Type
Construction
Estimated Equity
$50,393

Purchase Details

Closed on
Apr 8, 2020
Sold by
Krauth Charles Anthony Estate
Bought by
Owens Adam W and Owens Meghan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Reichmann Tens $70,000 Smith Closing & Title
Owens Adam W $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichmann Tens $59,500
Previous Owner Owens Adam W $30,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $70,000 -30.0% --
04/13/2022 04/13/22 Price Changed $100,000 -16.7% --
02/25/2022 02/25/22 Price Changed $120,000 -11.1% --
10/29/2021 10/29/21 Price Changed $135,000 -10.0% --
08/27/2021 08/27/21 Price Changed $150,000 -11.8% --
07/31/2021 07/31/21 For Sale $170,000 -- --
Source: Greater Alabama MLS

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 $1,073 $21,420 -- --
2022 $990 $24,260 $20,900 $3,360
2021 $990 $24,260 $20,900 $3,360
2020 $991 $12,130 $10,450 $1,680
2019 $590 $11,760 $0 $0
2018 $146 $3,960 $0 $0
2017 $145 $3,940 $0 $0
2016 $145 $3,940 $0 $0
2015 $145 $3,940 $0 $0
2014 $151 $3,920 $0 $0
2013 $151 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1293972

Greater Alabama MLS

APN: 18-00-25-0-000-109.000