NOT LISTED FOR SALE

306 Rae Ave SW Cullman, AL 35055

Estimated Value: $180,000 - $231,000

3 Beds
2 Baths
1,514 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $120,000 $79 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,179/month

76 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • 3-minute walk to Nesmith Park Apartments
  • Cullman City Primary School Rated 10
  • Level Lot

About This Home

As of April 2020

3 BR BRICK HOME WITH HARDWOOD FLOORS UNDER CARPET, LARGE LOT WITH OUTBUILDING

Last Agent to Sell the Property

TYSON CAMPBELL

Culpepper Real Estate Inc Listed on: 10/24/2019

Last Buyer's Agent

Stephanie Buchanan

All Properties of Alabama, LLC License #57028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 138 x 112
  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,514 Sq Ft Home
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cullman High School

Community Details

  • Cullman Community
  • Other See Remarks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14094

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Lot Dimensions: 138 X 112
  • Road Surface Type: Paved
  • Subdivision Name: Other See Remarks
  • PropertySubType: Residential
  • PropertyType: Residential
  • Lot Size Acres: 0.35
  • Co List Office Phone: Office-256-739-1389
  • MLS Status: Sold
  • AE_ATTIC: Access Only
  • Manufactured_Home_YN: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Oven
  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • Lot Features: Level
  • Patio And Porch Features: Covered
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached Carport, Paved
  • Carport Spaces: 1.0

Utilities

  • Cooling: Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Planned Community Name: Cullman

Lot Info

  • Parcel Number: 14094

Building Info

  • Year Built: 1957
  • BuildingAreaTotal: 1514.0

Multi Family

MLS Schools

  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Apr 15, 2020
Sold by
Tillman John V
Bought by
Loker Barbara J
Seller's Agent
TYSON CAMPBELL
Culpepper Real Estate Inc
Buyer's Agent
Stephanie Buchanan
All Properties of Alabama, LLC
List Price
$1,499,000
Sold Price
$120,000
Premium/Discount to List
-$1,379,000
-91.99%
Current Estimated Value
$212,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,762
Avg. Annual Appreciation
10.37%
Original Mortgage
$117,826
Outstanding Balance
$107,244
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$98,632

Purchase Details

Listed on
Oct 24, 2019
Closed on
Apr 3, 2020
Sold by
Tillman John V
Bought by
Loker Barbara J
Seller's Agent
TYSON CAMPBELL
Culpepper Real Estate Inc
Buyer's Agent
Stephanie Buchanan
All Properties of Alabama, LLC
List Price
$1,499,000
Sold Price
$120,000
Premium/Discount to List
-$1,379,000
-91.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Outstanding Balance
$107,244
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$98,632
Source: Public Records

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
Loker Barbara J $120,000 South Mark O
Loker Barbara J $120,000 South Mark O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loker Barbara J $117,826
Closed Loker Barbara J $117,826
Closed Loker Barbara J $3,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Off Market $120,000 -- --
04/08/2020 04/08/20 Sold $120,000 -92.0% $79 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $1,499,000 -- $990 / 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 $613 $17,080 $0 $0
2023 $613 $16,180 $0 $0
2022 $496 $14,060 $0 $0
2021 $435 $12,480 $0 $0
2020 $304 $10,100 $0 $0
2019 $304 $10,100 $0 $0
2018 $289 $9,640 $0 $0
2017 $282 $9,400 $0 $0
2016 $282 $9,400 $0 $0
2014 $284 $9,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 433958

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 17-05-16-2-005-005.000