NOT LISTED FOR SALE

1543 Mcnabb Dr SW Cullman, AL 35055

Estimated Value: $268,000 - $1,444,689

4 Beds
1 Bath
14,000 Sq Ft
$61/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $1,450,000 $104 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $5,707/month

27 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Property is near schools
  • Cullman City Primary School Rated 10
  • Park
  • 2-minute walk to Nesmith Park Apartments

About This Home

As of December 2020

INVESTMENT OPPORTUNITY! DUPLEX DEVELOPMENT WITHIN WALKING DISTANCE TO WEST ELEMENTARY AND SOON TO BE UPGRADED NESMITH PARK. THESE FULL BRICK UNITS ARE JUST 2 YEARS OLD AND FEATURE 2 BR 2 BA AND INCLUDES KITCHEN APPLIANCE - BACK PATIO AREA. GREAT RENTALS!

Last Agent to Sell the Property

Tammy Roden

Culpepper Real Estate Inc License #050996 Listed on: 11/03/2020

Last Buyer's Agent

Tammy Roden

Culpepper Real Estate Inc License #050996 Listed on: 11/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,180

Year Built

  • 1900

Lot Details

  • 1.33 Acre Lot
  • Cul-De-Sac
  • Privacy Fence

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Cullman High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Property is near schools

Listing and Financial Details

  • The owner pays for lawn care, management fee(s), real estate taxes, repairs and maintenance
  • Assessor Parcel Number 1705162001024000

Community Details

Overview

  • 14 Units
  • Cullman Community
  • Other See Remarks Subdivision

Recreation

  • Park

Building Details

  • Gross Income $126,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,180

Year Built

1900

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Duplex
  • Closing Attorney: BHM
  • Cullman Pic Orig I D: 106157
  • Frontage Len: 161
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 1.33
  • Road Surface Type: Paved
  • Subdivision Name: Other See Remarks
  • Mortgage Lender: CSB
  • L A N D L O R D P A I D: Lawn Care, Management Fee(s), Real Estate Taxes, Repairs and Maintenance
  • Units Unfurnished: 14
  • Agent Only_ L A1 User Code: C10701500153
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Basement: None (Basement)
  • Flooring: Laminate
  • Price Per S Q F T: 103.57
  • Stories Total: 1
  • Unit Features: Bath-2+, Dishwasher, Hot Water Heater-Elec, Range/Oven, Refrigerator, Washer/Dryer Hook Up

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Patio (PatioAndPorch)
  • Roof: Architectual/Dimensional
  • Fencing: Privacy

Garage/Parking

  • Parking Features: Concrete (Parking), Driveway

Utilities

  • Cooling: Central Air, Electric (Cooling)
  • Heating: Central Unit, Electric (Heating)
  • Sewer: Public Sewer
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Community Name: Cullman
  • Community Features: Park (CommFeats), School Walking Dist.

Association/Amenities

  • Management Company: XX

Schools

  • High School: Cullman

Lot Info

  • Range Aces: 1-2.99 acres
  • Acres: 1.33
  • Parcel Num: 1705162001024000

Building Info

  • BuildingAreaTotal: 14000

Multi Family

  • GrossIncome: 126540
  • OperatingExpense: 26834
  • Total Units: 14

Tax Info

  • Tax Annual Amount: 7180

MLS Schools

  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 30, 2020
Sold by
Barben Properties Llc
Bought by
William Dianna Realty Llc
Seller's Agent
Tammy Roden
Culpepper Real Estate Inc
Buyer's Agent
Tammy Roden
Culpepper Real Estate Inc
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Total Days on Market
27
Current Estimated Value
$856,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$593,655
Avg. Annual Appreciation
-11.18%

Purchase Details

Listed on
Dec 28, 2018
Closed on
Sep 8, 2020
Sold by
Bbr Development Llc
Bought by
Barben Properties Llc
Seller's Agent
JESSI EIDSON BECKY FLACK
Culpepper Real Estate Inc
Buyer's Agent
Tammy Roden
Culpepper Real Estate Inc
List Price
$1,595,000
Sold Price
$1,300,000
Premium/Discount to List
-$295,000
-18.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.22%
Original Mortgage
$1,100,000
Interest Rate
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
William Dianna Realty Llc $1,450,000 Law Firm Of Bland Harris & Mcc
Barben Properties Llc $500 Tbx Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barben Properties Llc $1,100,000
Previous Owner Bbr Development Llc $980,000
Previous Owner Bbr Development Llc $1,010,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $1,450,000 -3.3% $104 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $1,500,000 +15.4% $107 / Sq Ft
08/31/2020 08/31/20 Sold $1,300,000 -18.5% $93 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
12/28/2018 12/28/18 For Sale $1,595,000 +2853.7% $114 / Sq Ft
06/10/2014 06/10/14 Sold $54,000 -31.6% $51 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $79,000 -- $74 / 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 $11,014 $286,080 $0 $0
2023 $11,014 $271,460 $0 $0
2022 $8,806 $228,720 $0 $0
2021 $7,577 $196,800 $0 $0
2020 $7,179 $186,480 $0 $0
2019 $4,517 $117,320 $0 $0
2018 $512 $13,300 $0 $0
2017 $508 $13,200 $0 $0
2016 $508 $13,200 $0 $0
2014 -- $10,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 376289

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 17-05-16-2-001-024.000