NOT LISTED FOR SALE

357 W Lacon Rd Falkville, AL 35622

Estimated Value: $193,000 - $264,000

3 Beds
1 Bath
1,265 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $111,750 $88 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,226/month

75 Days on Market

Highlights

  • Wooded Lot
  • Screened Patio
  • Pasture
  • Rear Porch
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of August 2017

THIS HOME IS IDEAL FOR BACK PORCH SITTIN AND GREAT CONVERSATIONS WHILE LOOKING OVER BEAUTIFUL ACREAGE. OVER 6 ACRES AND A SCREENED IN PORCH THAT WILL MAKE YOU WONDER WHY YOU EVEN NEED TO GO INSIDE. THE ACREAGE IS BEAUTIFUL WITH WILDLIFE GALORE.

Last Agent to Sell the Property

Wes Warren

Happy Homes Real Estate License #88921 Listed on: 04/21/2017

Last Buyer's Agent

Mark Smothers

ERA Waldrop Real Estate License #000090417-0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $272

Year Built

  • Built in 1973

Lot Details

  • 6 Acre Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,265 Sq Ft Home
  • Attic Access Panel
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Rear Porch

Schools

  • Falkville High School

Farming

  • Pasture

Utilities

  • Cooling Available
  • Central Heating
  • Wall Furnace
  • Septic Tank

Community Details

  • Falkville Community

Listing and Financial Details

  • Assessor Parcel Number 48974

Home Details

Home Type

Single Family

Est. Annual Taxes

$272

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1265
  • Closing Attorney: JACOB TITLE LLC
  • Cullman Pic Orig I D: 98639
  • Frontage Len: 216
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 6 ACRES
  • Road Surface Type: Paved
  • Sp Lp Percent: 0.89
  • Subdivision Name: Not In Subdivision
  • Waterfront Access: Deeded Access
  • Mortgage Lender: TMC
  • Agent Only_ L A1 User Code: C10705560133
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Full Bathrooms: 1
  • Basement: None (Basement)
  • Attic: Access Only
  • Flooring: Carpet, Ceramic Tile, Laminate
  • LivingArea: 1265
  • Price Per S Q F T: 88.34
  • Total Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Lot Features: Cleared (LotFeatures), Pasture (LotFeatures), Wooded (LotFeatures)
  • Patio And Porch Features: Rear Porch, Screened
  • Roof: Composition

Garage/Parking

  • Parking Features: Gravel (ParkingFeatures)

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Central Unit, Electric (Heating), Wall Furnace
  • Sewer: Septic Tank
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Community Name: Falkville

Schools

  • High School: Falkville

Lot Info

  • Range Aces: 6-10.99 acres
  • Acres: 6
  • Parcel Num: 48974

Building Info

  • Year Built: 1973
  • BuildingAreaTotal: 1265

Tax Info

  • Tax Annual Amount: 272.13

MLS Schools

  • HighSchool: Falkville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2018
Sold by
Krothapalli Mary Katherine
Bought by
Smith Patrick Lee and Smith Gayle Marie
Current Estimated Value
$225,825

Purchase Details

Listed on
Apr 21, 2017
Closed on
Aug 10, 2017
Sold by
Gates Ronald W and Gates Wanda J
Bought by
Smith Patrick Lee and Smith Gayle Marie
Seller's Agent
Wes Warren
Happy Homes Real Estate
Buyer's Agent
Mark Smothers
ERA Waldrop Real Estate
List Price
$196,000
Sold Price
$111,750
Premium/Discount to List
-$84,250
-42.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$118,749
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Smith Patrick Lee -- Title & Closing Svcs
Smith Patrick Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Patrick Lee $118,749
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $111,750 -43.0% $88 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $196,000 -- $155 / 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 $386 $15,980 $5,400 $10,580
2023 $386 $15,150 $4,570 $10,580
2022 $334 $13,570 $4,170 $9,400
2021 $260 $9,640 $1,800 $7,840
2020 $260 $17,480 $1,800 $15,680
2019 $260 $8,380 $0 $0
2015 $225 $7,580 $0 $0
2014 $225 $7,460 $0 $0
2013 -- $6,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 426317

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-06-23-0-000-001.002