NOT LISTED FOR SALE

141 Old Highway 431 Wedowee, AL 36278

Estimated Value: $283,000 - $379,000

1.57 Acres
$220,847 Price per Acre
68,389 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $275,000 $225 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,974/month

About This Lot

As of December 2021

Prime Location with Double Road Frontage! This 1.57 acre corner lot features 462 feet of road frontage on US Hwy 431 and 481 feet of road frontage on Old Hwy 431. Located in the City Limits of Wedowee with all city utilities available. Great visibility for any business. Wedowee is a growing lake-community with tourist traffic and a booming local economy. This parcel also features a 1492 sq ft 3 bedroom 2 bath brick home. Additional ROW access has been approved. The adjoining acreage can also be purchased totaling 8.5 acres with waterfrontage.

Last Agent to Sell the Property

Crystal Barnes-Key

Hunter Bend Realty License #85274 Listed on: 04/21/2021

Co-Listed By

Eugine Crouch

Keller Williams Realty Group W License #73722

Last Buyer's Agent

Crystal Barnes-Key

Hunter Bend Realty License #85274 Listed on: 04/21/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $622

Lot Details

  • 1.57 Acre Lot
  • Corner Lot
  • Few Trees

Property Views

  • Lake Views

Schools

  • Wedowee Elementary And Middle School
  • Randolph County High School

Listing and Financial Details

  • Assessor Parcel Number 56-08-08-34-0-001-004.000

Property Details

Property Type

Land

Est. Annual Taxes

$622

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Down Payment Assistance: No
  • Legal Description: BEGIN AT THE SE COR NE1/4 OF SW1/4; TH E 109.07' T OLD HWY 431; TH SW ALAG W R/W 56.64' TO POB; TH CO W R/W 431'S; TH SW 50'
  • Property Type: Acreage
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved Road

Utilities

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

Schools

  • Elementary School: WEDOWEE
  • Middle School: WEDOWEE
  • High School: RANDOLPH COUNTY

Lot Info

  • Assessor Parcel Number: 56-08-08-34-0-001-004.000
  • Lot Description: Corner Lot, Some Trees
  • Lot View: Lake/Water View
  • Number Acres: 1.57
  • Best Use Per Zone: Comm/Indus (BESTUSE), Residential
  • List Price per Acre: 207006.37
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential

Tax Info

  • Tax District: County
  • Annual Tax: 622

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: WEDOWEE
  • High School: RANDOLPH COUNTY
  • Jr Middle School: WEDOWEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Bacak Matthew David and Bacak Stephanie Leigh
Bought by
Enigma Holdings Llc
Current Estimated Value
$346,730

Purchase Details

Listed on
Apr 21, 2021
Closed on
Dec 3, 2021
Sold by
Mcleod Fred A
Bought by
Bacak Matthew David and Bacak Stephanie Leigh
Seller's Agent
Crystal Barnes-Key
Hunter Bend Realty
Buyer's Agent
Crystal Barnes-Key
Hunter Bend Realty
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$220,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2018
Bought by
Mcleod Fred and Price Gary
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
Enigma Holdings Llc $221,000 None Listed On Document
Enigma Holdings Llc $221,000 None Listed On Document
Bacak Matthew David -- Lee Chad
Bacak Matthew David -- None Listed On Document
Mcleod Fred $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bacak Matthew David $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $275,000 -15.4% $225 / Sq Ft
04/21/2021 04/21/21 For Sale $325,000 -- $266 / Sq Ft
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 $1,634 $44,160 $27,280 $16,880
2023 $1,634 $16,500 $1,460 $15,040
2022 $622 $16,500 $1,460 $15,040
2021 $622 $16,500 $1,460 $15,040
2020 $611 $16,500 $1,460 $15,040
2018 $167 $7,220 $740 $6,480
2017 $0 $7,220 $740 $6,480
2016 $45 $6,280 $740 $5,540
2015 $45 $62,761 $0 $0
2014 $45 $62,761 $0 $0
2013 -- $62,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1299285

Greater Alabama MLS

APN: 08-08-34-0-001-004-0000