NOT LISTED FOR SALE

1602 2nd Way NE Cullman, AL 35055

Estimated Value: $162,701 - $203,000

3 Beds
1 Bath
2,134 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 24, 2021

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

Est. 45% increase in value since last sale

Current estimated payment $1,036/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 Listed By

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

Schools

  • High School: 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%
Total Days on Market
2
Current Estimated Value
$178,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,425
Avg. Annual Appreciation
9.32%
Original Mortgage
$98,800
Outstanding Balance
$89,807
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$89,118

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
Jones Caleb $123,500 South Mark O
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
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
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

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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