NOT LISTED FOR SALE

285 Thompson Dr Cherokee, AL 35616

Estimated Value: $528,000 - $605,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $430,000 $196 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,217/month

53 Days on Market

About This Home

As of June 2014

4BR, 2BA Waterfront with Beautiful Views and Boat Dock

Last Agent to Sell the Property

Derrick Tapp - Pickwick Lake

Tapp Realty, LLC License #311367 Listed on: 05/08/2014

Last Buyer's Agent

Derrick Tapp - Pickwick Lake

Tapp Realty, LLC License #311367 Listed on: 05/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 95x210
  • Waterfront

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Community Details

  • Thompson Gap Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,057

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 320C
  • MAAR Subdivision Name: Pickwick Lake
  • List Price Per Sq Ft: 220
  • Number Of Stories: 2
  • Price Per Sq Ft: 215
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Association/Amenities

  • Condo Amenities: Water Front

Lot Info

  • Lot Description: Water Frontage
  • Lot Size: 95x210

Multi Family

  • Number Of Rooms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Smith Kirby L and Smith Priscilla
Bought by
Ward John
Current Estimated Value
$574,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Outstanding Balance
$350,642
Interest Rate
0.68%
Mortgage Type
New Conventional
Estimated Equity
$214,877

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 3, 2014
Sold by
Neelly Ed C and Neely Claudia
Bought by
Smith Kirby L and Smith Priscilla
Seller's Agent
Derrick Tapp - Pickwick Lake
Tapp Realty, LLC
Buyer's Agent
Derrick Tapp - Pickwick Lake
Tapp Realty, LLC
List Price
$439,750
Sold Price
$430,000
Premium/Discount to List
-$9,750
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$64,500
Interest Rate
4.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ward John $575,000 First American Mtg Solutions
Smith Kirby L $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward John $356,000
Previous Owner Smith Kirby L $64,500
Previous Owner Smith Kirby L $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $430,000 -2.2% $215 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $439,750 -- $220 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,057 $33,580 $17,240 $16,340
2023 $1,057 $32,320 $0 $0
2022 $995 $31,500 $0 $0
2021 $956 $30,200 $0 $0
2020 $886 $27,880 $0 $0
2019 $834 $26,140 $0 $0
2018 $834 $26,140 $0 $0
2017 $786 $24,540 $0 $0
2016 $439 $12,980 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926242

Memphis Area Association of REALTORS®

APN: 04-05-16-0-001-007.003

Alabama Colbert County Cherokee 35616

285 Thompson Dr, Cherokee, AL

This home is located at 285 Thompson Dr, Cherokee, AL 35616 since 08 May 2014 and is currently estimated at $574,344, approximately $261 per square foot. This property was built in 1960. 285 Thompson Dr is a home located in Colbert County with nearby schools including Cherokee Elementary School and Cherokee High School.

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