NOT LISTED FOR SALE

1705 Cherry Dr Lanett, AL 36863

Estimated Value: $178,000 - $262,244

6 Beds
4 Baths
2,720 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $73,000 $27 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,338/month

302 Days on Market

About This Home

As of September 2015

BANK OWNED. Incredible value for the square footage, number of bedrooms/baths and acreage! This all brick home features SIX nice sized bedrooms and THREE full bathrooms and is located on 2.27 +/- acres. In addition, this home features a full basement with half bath that could be finished out for even more space! This home has hardwood flooring throughout most of the home. Home does need some work, but this could be a fantastic home place or rental home.

Last Agent to Sell the Property

Brad Huguley

eXp Realty License #323878 Listed on: 10/28/2014

eXp Realty

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Year Built

  • 1938

Lot Details

  • 2.27

Interior Spaces

  • Den

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Utilities

  • Electric Water Heater

Property Details

Home Type

Other

Year Built

1938

Lot Details

2.27 Acres

Listing Details

  • Special Features: 20
  • Year Built: 1938

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Full
  • Kitchen Equipment: Separate Cooktop
  • Interior Amenities: Cable TV Connections, Hardwood Floors, Tile Bath
  • Laundry Location: Basement, Hall
  • Laundry Type: Room
  • Unfinished Below Grade Sq Ft: 1360
  • Above Grade Finished Sq Ft: 2720

Exterior Features

  • Construction: Brick 4 Sided
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Drive Under/Basement

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central, Heat Pump
  • Heating Fuel: Electric
  • Heating: Central, Heat Pump
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Foster Quinton E and Foster Alana
Bought by
Reaves James M
Current Estimated Value
$224,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,632
Outstanding Balance
$113,136
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$111,175

Purchase Details

Listed on
Oct 28, 2014
Closed on
Sep 24, 2015
Sold by
Capital City Bank
Bought by
Foster Quinton E
Seller's Agent
Brad Huguley
eXp Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$79,000
Sold Price
$73,000
Premium/Discount to List
-$6,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$69,350
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2014
Sold by
Milfort Marie G and Milfort Jean Louis
Bought by
Capital City Bank

Purchase Details

Closed on
May 30, 2008
Sold by
Smith Graydine Gorman and Smith Gramelda Mea
Bought by
Milfort Marie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reaves James M $134,350 None Available
Foster Quinton E $27,250 None Available
Capital City Bank $82,085 None Available
Milfort Marie G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaves James M $127,632
Previous Owner Foster Quinton E $69,350
Previous Owner Milfort Marie G $87,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $73,000 -7.6% $27 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $79,000 0.0% $29 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $79,000 +8.2% $29 / Sq Ft
04/10/2015 04/10/15 Off Market $73,000 -- --
01/29/2015 01/29/15 Price Changed $79,000 -1.1% $29 / Sq Ft
10/28/2014 10/28/14 For Sale $79,900 -- $29 / Sq Ft
Source: Georgia MLS

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 $2,217 $42,280 $2,280 $40,000
2023 $2,220 $42,280 $2,280 $40,000
2022 $2,283 $43,480 $2,280 $41,200
2021 $2,123 $36,680 $2,280 $34,400
2020 $872 $18,340 $1,140 $17,200
2019 $872 $18,340 $1,140 $17,200
2018 $872 $18,340 $1,140 $17,200
2017 $726 $15,560 $1,140 $14,420
2016 $817 $15,560 $1,140 $14,420
2015 $1,635 $31,140 $2,280 $28,860
2014 $1,635 $31,140 $2,280 $28,860
2013 $672 $15,560 $1,140 $14,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07356896

Georgia MLS

APN: 10-07-26-2-004-001.000

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