NOT LISTED FOR SALE

1702 Cherry Dr Lanett, AL 36863

Estimated Value: $157,000 - $201,000

3 Beds
1.5 Baths
1,688 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $30,000 $18 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $947/month

98 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Brick Veneer
  • No HOA
  • Breakfast Area or Nook
  • Paneling

About This Home

As of February 2020

Another investment opportunity in Lanett! Wonderful brick home located on huge corner lot on historic Cherry Drive. Minutes from Point University Golf Club and The Lanett Recreation Center. Curb appeal! Covered front porch leads into main family room space with adjacent, versatile den/office space. Master bedroom has large walk-in closet and half-bath. Additional back room just off the kitchen could serve as great room or den. Home has brand-new (70yr.) metal roof in early 2019! Two separate, private driveways. One off of Cherry Drive on the front side, and the other off of N. 17th Ave. in the rear of the home. Great property with lots of potential for investor to finish off with new flooring and cosmetics. Sold As-Is.

Last Agent to Sell the Property

COLIN DUNBAR

MAGNOLIA REALTY, LLC License #108795 Listed on: 10/15/2019

Last Buyer's Agent

Michael Gay

RE/MAX PROFESSIONAL PARTNERS License #100377

RE/MAX PROFESSIONAL PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $360

Year Built

  • Built in 1975

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Brick Veneer
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Paneling

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Linoleum
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • W O Lance Elementary

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include common areas
  • Cherry Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$360

Year Built

Built in 1975

Lot Details

0.36 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: CHERRY HILL
  • Directions: From downtown Lanett, take 1st St. west to 9th Ave N. and take a right. Follow to the intersection of Cherry Drive and take a left. Continue on Cherry Drive. Property will be approximately .5 miles on the right.
  • Above Grade Finished Sq Ft: 1688.0
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Concrete, Linoleum, Vinyl
  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Paneling/Wainscoting
  • Living Area: 1688.0
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: < 1/2 Acre, Corner Lot, Level
  • Pool Features: None
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: W O LANCE ELEMENTARY
  • Middle Or Junior School: W O LANCE ELEMENTARY

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 360.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Jones Shasta Ann and Heard Shasta Ann
Bought by
Jones Shasta Ann and Jones Lapecco Quazzell
Current Estimated Value
$177,476

Purchase Details

Closed on
Sep 24, 2020
Sold by
Brown Jeffrey
Bought by
Heard Shasta Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,226
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 15, 2019
Closed on
Jan 24, 2020
Sold by
Bonner Ivan Keith and Bonner Kenneth G
Bought by
Brown Jeffrey
Seller's Agent
COLIN DUNBAR
MAGNOLIA REALTY, LLC
Buyer's Agent
Michael Gay
RE/MAX PROFESSIONAL PARTNERS
List Price
$67,500
Sold Price
$30,000
Premium/Discount to List
-$37,500
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.55%
Source: Public Records
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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 Shasta Ann $100,750 None Listed On Document
Heard Shasta Ann $125,500 None Available
Brown Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heard Shasta Ann $123,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $30,000 -55.6% $18 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $67,500 -- $40 / Sq Ft
Source: Lee County Association of REALTORS®

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 $427 $9,860 $560 $9,300
2023 $427 $9,860 $560 $9,300
2022 $427 $9,860 $560 $9,300
2021 $346 $8,320 $560 $7,760
2020 $899 $8,580 $560 $8,020
2019 $360 $8,580 $560 $8,020
2018 $360 $8,580 $560 $8,020
2017 $286 $7,180 $560 $6,620
2016 $286 $7,180 $560 $6,620
2015 $286 $7,180 $560 $6,620
2014 $286 $7,180 $560 $6,620
2013 $266 $7,180 $560 $6,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lee County Association of REALTORS®

MLS Number: 142846

APN: 10-07-26-1-002-057.000

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