NOT LISTED FOR SALE

1517 Grape St NW Cullman, AL 35058

Estimated Value: $241,000 - $294,000

3 Beds
1 Bath
1,203 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $240,000 $200 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,556/month

113 Days on Market

About This Home

As of July 2024

Fantastic low maintenance Duplex located in the Cullman City Limits. 3 bedroom 1 1/2 bath unit/ 2 bedroom 1 bath unit. Both units are currently leased. Financials available upon request.

Last Agent to Sell the Property

Kevin Rice

SR4 Realty LLC License #131679 Listed on: 03/05/2024

Co-Listed By

JUSTIN SELF

SR4 Realty LLC License #102291

Last Buyer's Agent

JUSTIN SELF

SR4 Realty LLC License #102291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Duplex

Schools

  • Cullman Elementary School
  • Cullman High School

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Cullman Community
  • Cherry Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-08-33-3-001-003.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Duplex
  • Built Before 1978 (Y/N): Yes
  • Closing Attorney: Willingham
  • Docs Count: 2
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 100x150
  • Multiple Level Y N: No
  • Sp Lp Percent: 85.71
  • Subdivision Name: Cherry Hill
  • Mortgage Lender: Premier Bank
  • Agent Only_ L A1 User Code: C10701127061686
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None (Basement)
  • Basement YN: Yes
  • NumberOfBuildings: 1

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Cullman

Lot Info

  • Acres: 0.34
  • Parcel Num: 09-08-33-3-001-003.000

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1734.81

Multi Family

  • Total Units: 1

MLS Schools

  • Elementary School: Cullman
  • Middle School: City
  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jul 18, 2024
Sold by
Alpha Holdings Llc
Bought by
Johnson William Jesse and Johnson Cassie Gable
Seller's Agent
Kevin Rice
SR4 Realty LLC
Buyer's Agent
JUSTIN SELF
SR4 Realty LLC
List Price
$299,900
Sold Price
$240,000
Premium/Discount to List
-$59,900
-19.97%
Views
14
Current Estimated Value
$266,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,944
Avg. Annual Appreciation
8.96%
Original Mortgage
$222,142
Outstanding Balance
$219,468
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$47,476

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 25, 2021
Sold by
Michael Yovino John and Xuereb Charlene
Bought by
Alpha Holdings Llc
Seller's Agent
Josh Stancil
LEGACY REALTY GROUP LLC
Buyer's Agent
KEVIN/JUSTIN RICE/SELF
LEGACY REALTY GROUP LLC
List Price
$172,500
Sold Price
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$172,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 11, 2021
Sold by
Michael Yovino John and Xuereb Charlene
Bought by
Alpha Holdings Llc
Seller's Agent
Josh Stancil
LEGACY REALTY GROUP LLC
Buyer's Agent
KEVIN/JUSTIN RICE/SELF
LEGACY REALTY GROUP LLC
List Price
$172,500
Sold Price
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Johnson William Jesse $240,000 None Listed On Document
Alpha Holdings Llc $172,500 --
Alpha Holdings Llc $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson William Jesse $222,142
Previous Owner Alpha Holdings Llc $172,500
Previous Owner Alpha Holdings Llc $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $240,000 -14.3% $200 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $280,000 -6.6% $233 / Sq Ft
03/05/2024 03/05/24 For Sale $299,900 +73.9% $249 / Sq Ft
06/25/2021 06/25/21 Sold $172,500 0.0% $78 / Sq Ft View Prior Sale
05/26/2021 05/26/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $172,500 -- $78 / 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 $1,823 $47,340 $0 $0
2023 $1,823 $45,060 $0 $0
2022 $1,528 $39,680 $0 $0
2021 $1,395 $36,240 $0 $0
2020 $1,312 $34,080 $0 $0
2019 $1,302 $33,820 $0 $0
2018 $1,232 $32,000 $0 $0
2017 $990 $25,720 $0 $0
2016 $1,033 $25,720 $0 $0
2014 $984 $25,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 515260

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 09-08-33-3-001-003.000