NOT LISTED FOR SALE

1411 S 7th St Lanett, AL 36863

Estimated Value: $57,000 - $132,351

3 Beds
1.5 Baths
1,107 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $52,900 $48 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $642/month

35 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Patio
  • Attached Garage
  • Brick Veneer
  • Outdoor Storage

About This Home

As of August 2022

Investor Opportunity. This three bedroom, 1 and a half bath home is priced below the tax appraised value! Demo work was recently completed by the current owner and the home is ready for paint, flooring, appliances and a “for rent” sign. Schedule a time to see this excellent income producing opportunity before it’s too late. This home will not qualify for FHA, VA, or most conventional loans until after the rehab work is completed. The property is being sold “AS IS.”

Last Agent to Sell the Property

David DuBose

REALTYEDGE BROKERS License #113616 Listed on: 06/17/2022

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1972

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 145 x 150

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • W O Lance Elementary

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-07-26-4-004-038.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: 145 x 150
  • Subdivision Name: NONE
  • Directions: From Exit 79 off I85, Take US 29 North toward Lanett for one mile. Just past the Tractor Supply, turn right onto S 8th Street. South 8th Street will curve to the right in .9 miles and become S. 16th Street. In .1 mile turn right on S 7th Street. Home will be on the right marked by realtor's sign.
  • Above Grade Finished Sq Ft: 1107.0
  • Carport Y N: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 25+
  • Year Built: 1972
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Eat-in Kitchen, None
  • Living Area: 1107.0
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: < 1/2 Acre, None
  • Pool Features: None
  • View: None
  • View: No
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Attached, Carport

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Utilities: Electricity Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: W O LANCE ELEMENTARY
  • Middle Or Junior School: W O LANCE ELEMENTARY

Lot Info

  • Parcel #: 10-07-26-4-004-038.001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 316.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 19, 2022
Sold by
Riversouth Properties Llc
Bought by
Sfr3-080 Llc
Seller's Agent
David DuBose
REALTYEDGE BROKERS
Buyer's Agent
Non Member
NON MEMBER
List Price
$70,000
Sold Price
$52,900
Premium/Discount to List
-$17,100
-24.43%
Total Days on Market
35
Current Estimated Value
$103,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,438
Avg. Annual Appreciation
25.16%
Original Mortgage
$0
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2022
Sold by
Clay Linda S and Clay Jeffery N
Bought by
Riversouth Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sfr3-080 Llc $52,900 --
Riversouth Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sfrs-080 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $52,900 -24.4% $48 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $70,000 -- $63 / Sq Ft
Source: Lee County Association of REALTORS®

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 $854 $16,260 $2,060 $14,200
2023 $854 $17,520 $2,060 $15,460
2022 $386 $9,080 $1,020 $8,060
2021 $317 $7,760 $1,020 $6,740
2020 $317 $7,760 $1,020 $6,740
2019 $317 $7,760 $1,020 $6,740
2018 $317 $7,760 $1,020 $6,740
2017 $256 $6,600 $1,020 $5,580
2016 $256 $6,600 $1,020 $5,580
2015 $256 $6,600 $1,020 $5,580
2014 $256 $6,600 $1,020 $5,580
2013 $238 $6,600 $1,020 $5,580
Source: Public Records

Agents Affiliated with this Home

  • David DuBose

    Seller's Agent in 2022

    David DuBose

    REALTYEDGE BROKERS

    (334) 703-2609

    2 in this area

    61 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NON MEMBER

See All Agents

Map

Source: Lee County Association of REALTORS®

MLS Number: 157892

APN: 10-07-26-4-004-038.001

Alabama Chambers County Lanett 36863

1411 S 7th St, Lanett, AL

This home is located at 1411 S 7th St, Lanett, AL 36863 since 17 June 2022 and is currently estimated at $103,338, approximately $93 per square foot. This property was built in 1972. 1411 S 7th St is a home located in Chambers County with nearby schools including W. O. Lance Elementary School, Lanett Junior High School, and Lanett Senior 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.

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.

Nearby Homes