NOT LISTED FOR SALE

1503 3rd St NE Cullman, AL 35055

Estimated Value: $300,000 - $349,262

3 Beds
2 Baths
2,284 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $270,000 $118 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,927/month

172 Days on Market

Highlights

  • 1 Fireplace
  • Cullman City Primary School Rated 10
  • No HOA

About This Home

As of February 2024

4 acres in Cullman City limits with a home that is ready for you to put your finishing touches on! This home sits back in the woods offering lots of privacy and an easy walk down to 8 mile creek. So much potential inside with 3 bedrooms, 2 baths and a full, unfinished basement. The home comes with two parcels giving you an additional lot and road frontage on College Hill. The back porch overlooks beautiful woods. Such a peaceful spot that is waiting for someone to restore it back to its original beauty. The home is being sold as is.

Last Agent to Sell the Property

Haley May

ARC REALTY AT THE LAKE License #107363 Listed on: 07/24/2023

ARC REALTY AT THE LAKE

Last Buyer's Agent

Wes Warren

Happy Homes Real Estate License #88921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1982

Lot Details

  • 3.8 Acre Lot

Parking

  • 1 Carport Space

Interior Spaces

  • 2,284 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Elementary School
  • Cullman Middle School
  • Cullman High School

Community Details

  • No Home Owners Association
  • Cullman Community

Listing and Financial Details

  • Assessor Parcel Number 17-01-11-4-004-002.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,083

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2284
  • Below Grade Sq Ft: 2284
  • Built Before 1978 (Y/N): No
  • Closing Attorney: jackson and wiliams
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 1701114004001001 and 17-01-11-4-004-002.001
  • Multiple Level Y N: No
  • Sp Lp Percent: 90.3
  • Subdivision Name: Not In Subdivision
  • Mortgage Lender: credit union
  • Carport: Yes
  • GarageYN: No
  • Agent Only_ L A1 User Code: C107086520710
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement: Unfinished
  • Basement Sq Ft: 2284
  • Basement YN: Yes
  • LivingArea: 2284
  • Price Per S Q F T: 118.21
  • Total Bedrooms: 3
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Main Level Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No

Garage/Parking

  • Carport Spaces: 1

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Cullman

Schools

  • Elementary School: East Elementary
  • Middle School: Cullman Middle
  • High School: Cullman

Lot Info

  • Acres: 3.8
  • Parcel Num: 17-01-11-4-004-002.001

Building Info

  • Year Built: 1982
  • BuildingAreaTotal: 4568

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1082.62

MLS Schools

  • Elementary School: East Elementary
  • Middle School: Cullman Middle
  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Feb 9, 2024
Sold by
Nixon Karen
Bought by
Akers Brandon Charles
Seller's Agent
Haley May
ARC REALTY AT THE LAKE
Buyer's Agent
Wes Warren
Happy Homes Real Estate
List Price
$350,000
Sold Price
$270,000
Premium/Discount to List
-$80,000
-22.86%
Current Estimated Value
$329,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,066
Avg. Annual Appreciation
12.99%
Original Mortgage
$243,000
Outstanding Balance
$238,746
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$90,320

Purchase Details

Closed on
Nov 17, 2023
Sold by
Nixon Karen
Bought by
Nixon Richard

Purchase Details

Closed on
Jul 27, 2023
Sold by
Nixon Karen
Bought by
Nixon Richard

Purchase Details

Closed on
Jul 10, 2023
Sold by
Nixon Richard
Bought by
Nixon Karen
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
Akers Brandon Charles $270,000 None Listed On Document
Nixon Richard $30,000 None Listed On Document
Nixon Richard $30,000 None Listed On Document
Nixon Karen $75,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akers Brandon Charles $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $270,000 -9.7% $118 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
09/28/2023 09/28/23 Price Changed $299,000 -14.6% $131 / Sq Ft
07/24/2023 07/24/23 For Sale $350,000 -- $153 / Sq Ft
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 $2,198 $57,100 $0 $0
2023 $2,198 $31,360 $0 $0
2022 $1,083 $28,120 $0 $0
2021 $922 $23,940 $0 $0
2020 $874 $22,700 $0 $0
2019 $872 $22,660 $0 $0
2018 $829 $21,520 $0 $0
2017 $842 $21,860 $0 $0
2016 $842 $21,860 $0 $0
2014 -- $20,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 512084

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 17-01-11-4-004-002.001