NOT LISTED FOR SALE

388 County Road 1402 Cullman, AL 35058

Estimated Value: $1,016,834

5 Beds
4.5 Baths
6,465 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $930,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,390/month

Highlights

  • Waterfront
  • No HOA
  • 3 Car Garage
  • Cullman City Primary School Rated 10

About This Home

As of March 2024

Cullman-Luxurious estate on beautiful Lake Catoma! This property is completely fenced and gated. A one of a kind property on this beautiful lake! With 5BR/5BA, you have all of the space you could desire. Other amenities include a fireplace on screened porch, elevator, and an in ground pool. This is a rare opportunity to own a stunning property in a serene setting yet so close to downtown

Last Agent to Sell the Property

AGENT NON-MEMBER

CULLMAN ASSOCIATION OF REALTORS Listed on: 03/11/2024

Last Buyer's Agent

Andy Collins

ERA Waldrop Real Estate License #130579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1987

Lot Details

  • 1.5 Acre Lot
  • Waterfront

Parking

  • 3 Car Garage

Interior Spaces

  • Multi-Level Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 1 Bathroom in Basement
  • Natural lighting in basement

Schools

  • Cullman Elementary School
  • Cullman Middle School
  • Cullman High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Cullman Community

Listing and Financial Details

  • Assessor Parcel Number 0907350001091000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,693

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 4149
  • Built Before 1978 (Y/N): No
  • Closing Attorney: Mark South
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: of record
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 100
  • Subdivision Name: N/A
  • Mortgage Lender: Redstone Arsenal Credit
  • GarageYN: Yes
  • Agent Only_ L A1 User Code: C10705000511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bathrooms Level 1: 3
  • Full Bathrooms: 4
  • Basement: Daylight, Exterior Entry, Finished, Full (Basement)
  • Half Bathrooms: 1
  • Basement Sq Ft: 2316
  • Basement YN: Yes
  • Basement Bathrooms: 1
  • Below Grade Finished Sq Ft: 2316
  • LivingArea: 6465
  • Price Per S Q F T: 143.85
  • Total Bedrooms: 5
  • FireplaceYN: No
  • Main Level Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 5

Exterior Features

  • Waterfront: Yes
  • Waterfront Name: Lake Catoma

Garage/Parking

  • Garage Spaces: 3

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Name: Cullman

Schools

  • Elementary School: Cullman
  • Middle School: Cullman Middle
  • High School: Cullman

Lot Info

  • Acres: 1.5
  • Parcel Num: 0907350001091000

Building Info

  • Year Built: 1987
  • BuildingAreaTotal: 6465

Tax Info

  • Tax Annual Amount: 3692.92

MLS Schools

  • Elementary School: Cullman
  • Middle School: Cullman Middle
  • HighSchool: Cullman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Alatex Llc
Bought by
K & P Land Llc
Current Estimated Value
$1,016,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,064,148
Interest Rate
6.31%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jul 27, 2020
Sold by
Denise Blevins and Denise Cynthia
Bought by
Smith James R
Seller's Agent
JESSI EIDSON BECKY FLACK
Culpepper Real Estate Inc
Buyer's Agent
Jacqueline HEATON
Exit Realty 3:16
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
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
K & P Land Llc $795,000 --
Alatex Llc $500 --
Smith James R $809,100 Smith & Smith Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alatex Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $930,000 0.0% $144 / Sq Ft
03/11/2024 03/11/24 Sold $930,000 0.0% $146 / Sq Ft View Prior Sale
03/11/2024 03/11/24 For Sale $930,000 -6.5% $144 / Sq Ft
10/03/2023 10/03/23 Price Changed $995,000 -5.2% $156 / Sq Ft
06/07/2023 06/07/23 For Sale $1,050,000 +27.3% $165 / Sq Ft
07/27/2020 07/27/20 Sold $825,000 -2.9% $129 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $850,000 -- $133 / 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 $684 $17,760 $0 $0
2023 $684 $152,960 $0 $0
2022 $5,005 $130,000 $0 $0
2021 $5,005 $130,000 $0 $0
2020 $8,227 $213,700 $0 $0
2019 $8,227 $213,700 $0 $0
2018 $5,763 $149,700 $0 $0
2017 $5,510 $143,120 $0 $0
2016 $5,704 $148,160 $0 $0
2014 $3,645 $94,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    AGENT NON-MEMBER

    CULLMAN ASSOCIATION OF REALTORS

  • Justin Dyar

    Seller's Agent in 2024

    Justin Dyar

    Lake Homes Realty

    (205) 468-6375

    932 Total Sales

    Justin Dyar
    Section Image
  • Andy Collins

    Buyer's Agent in 2024

    Andy Collins

    ERA Waldrop Real Estate

    (256) 590-5298

    192 Total Sales

    Andy Collins
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non - Board Member

  • J

    Seller's Agent in 2020

    JESSI EIDSON BECKY FLACK

    Culpepper Real Estate Inc

  • J

    Buyer's Agent in 2020

    Jacqueline HEATON

    Exit Realty 3:16

    (256) 590-1029

    11 Total Sales

    Jacqueline HEATON
    Section Image
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 515348

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 09-07-35-0-001-091.000

Alabama Cullman County Cullman 35058

388 County Road 1402, Cullman, AL

This home is located at 388 County Road 1402, Cullman, AL 35058 since 11 March 2024 and is currently priced at $1,016,834, approximately $157 per square foot. This property was built in 1987. 388 County Road 1402 is a home located in Cullman County with nearby schools including Cullman City Primary School, Cullman Middle School, and Cullman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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