NOT LISTED FOR SALE

1602 2nd Way NE Cullman, AL 35055

Estimated Value: $159,431 - $198,000

3 Beds
1 Bath
2,134 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $123,500 $58 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,017/month

2 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating System
  • Carpet
  • Vinemont Elementary School Rated 9+
  • Gentle Sloping Lot

About This Home

As of March 2021

UNIQUE PROPERTY ! IF YOU WANT AN INVESTMENT OR JUST A NICE HOME CONVENIENT TO SHOPPING, HOSPITAL OR DOWNTOWN CULLMAN. UPSTAIRS YOU COULD HAVE A 2/3 BEDROOMS WITH 1 BATH. LARGE KITCHEN/ LIVING AREA WITH DEN AREA. LAUNDRY ROOM. THE BONUS IS EXTRA ROOM IN THE LOWER AREA THAT HAS MANY OPTIONS.

Last Agent to Sell the Property

RITA FROMHOLD

Cullman Elite Realty,LLC License #079510 Listed on: 01/18/2021

Last Buyer's Agent

RITA FROMHOLD

Cullman Elite Realty,LLC License #079510 Listed on: 01/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $267

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71x91x95x139x41
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Brick Fireplace
  • Electric Range
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Cullman High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Cullman Community

Listing and Financial Details

  • Assessor Parcel Number 36617

Home Details

Home Type

Single Family

Est. Annual Taxes

$267

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1334
  • Building Area Src: Owner
  • Closing Attorney: SOUTH
  • Cullman Pic Orig I D: 106676
  • Frontage Len: 71
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 71X91X95X139X41
  • Subdivision Name: Not In Subdivision
  • Mortgage Lender: MERCHANTS
  • Agent Only_ L A1 User Code: C107012580240
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Fireplace Features: Brick (Fireplace)
  • Full Bathrooms: 1
  • Basement: Finished
  • Attic: None
  • Below Grade Finished Sq Ft: 850
  • Flooring: Carpet, Vinyl (Flooring)
  • LivingArea: 2134
  • Price Per S Q F T: 57.87
  • Total Bedrooms: 3
  • Fireplaces: 1
  • FireplaceYN: Yes

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Gentle Rolling
  • Patio And Porch Features: Front Porch, Porch
  • Roof: Composition

Garage/Parking

  • Parking Features: Gravel (ParkingFeatures)

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Community Name: Cullman

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.2
  • Parcel Num: 36617

Building Info

  • Year Built: 1970
  • BuildingAreaTotal: 2134

Tax Info

  • Tax Annual Amount: 267

MLS Schools

  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 29, 2021
Sold by
Patterson Michael L
Bought by
Jones Caleb
Seller's Agent
RITA FROMHOLD
Cullman Elite Realty,LLC
Buyer's Agent
RITA FROMHOLD
Cullman Elite Realty,LLC
List Price
$129,000
Sold Price
$123,500
Premium/Discount to List
-$5,500
-4.26%
Current Estimated Value
$184,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,108
Avg. Annual Appreciation
9.01%
Original Mortgage
$98,800
Outstanding Balance
$88,411
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$96,197

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 24, 2021
Sold by
Patterson Michael L
Bought by
Jones Caleb
Seller's Agent
RITA FROMHOLD
Cullman Elite Realty,LLC
Buyer's Agent
RITA FROMHOLD
Cullman Elite Realty,LLC
List Price
$129,000
Sold Price
$123,500
Premium/Discount to List
-$5,500
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Outstanding Balance
$88,411
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$96,197
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Caleb $123,500 South Mark O
Jones Caleb $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Caleb $98,800
Closed Jones Caleb $98,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $123,500 -4.3% $58 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $129,000 -- $60 / 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
2025 $505 $19,440 $0 $0
2024 $473 $18,200 $0 $0
2023 $473 $16,840 $0 $0
2022 $396 $15,220 $0 $0
2021 $334 $12,860 $0 $0
2020 $267 $10,260 $0 $0
2019 $267 $10,260 $0 $0
2018 $251 $9,640 $0 $0
2017 $245 $9,420 $0 $0
2016 $245 $9,420 $0 $0
2014 $232 $8,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RITA FROMHOLD

    Seller's Agent in 2021

    RITA FROMHOLD

    Cullman Elite Realty,LLC

    (256) 338-6956

    29 Total Sales

    RITA FROMHOLD
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 427444

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 17-02-03-0-001-017.000

Alabama Cullman County Cullman 35055

1602 2nd Way NE, Cullman, AL

Not Listed for Sale

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Strategic MLS Alliance (Cullman / Shoals Area) 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.

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