NOT LISTED FOR SALE

398 County Road 227 Cullman, AL 35057

Estimated Value: $333,000 - $527,000

1 Bed
2.5 Baths
2,049 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $177,949 $87 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,134/month

6 Days on Market

Highlights

  • 159 Feet of Waterfront
  • Second Kitchen
  • Screened Patio
  • Cold Springs Elementary School Rated 9+
  • Recreation Room
  • Cooling Available

About This Home

As of May 2019

LAKE FRONT PROPERTY ON BEAUTIFUL SMITH LAKE! OLDER A FRAME HOME WITH MULTIPLE DECKS AND PORCHES WITH COMMANDING VIEWS OF THE WATER. TWO SLIP COVERED DOCK. CENTRAL HVAC.

Last Agent to Sell the Property

Mark Caudell

South Towne REALTORS License #064390 Listed on: 05/01/2019

South Towne REALTORS

Last Buyer's Agent

Terri McGriff-Waldrop

ERA Waldrop Real Estate License #058105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1900

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 47x305x159x228
  • 159 Feet of Waterfront
  • Sloped Lot

Parking

  • Attached Carport

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,049 Sq Ft Home
  • Living Room with Fireplace
  • Recreation Room
  • Bonus Room
  • Partially Finished Basement
  • 1 Bathroom in Basement
  • Second Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Screened Patio

Schools

  • Good Hope High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Good Hope Community
  • Other See Remarks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2702040001136000

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2049
  • Closing Attorney: BLAND, HARRIS & MCCLELLAN, P.C.
  • Cullman Pic Orig I D: 102899
  • Frontage Len: 47
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 47X305X159X228
  • Road Surface Type: Paved
  • Sp Lp Percent: 1.1
  • Subdivision Name: Other See Remarks
  • Waterfront Access: Water Front
  • Agent Only_ L A1 User Code: C107016520100
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Appliances: None (Appliances)
  • Fireplace Features: Living Room (Fireplace)
  • Bathrooms Level 1: 1
  • Bathrooms Level 2: 1
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Half Bathrooms: 1
  • Attic: Other See Remarks
  • Basement Bathrooms: 1
  • Flooring: Other (Flooring)
  • LivingArea: 2049
  • Price Per S Q F T: 86.85
  • Total Bedrooms: 1
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Room Type: 2nd Kitchen, Bonus Room (RoomType), Recreation Room (Room)

Beds/Baths

  • Total Bathrooms: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Screened
  • Roof: Metal
  • Water Frontage: 159
  • Waterfront: Yes
  • Waterfront Name: Smith Lake

Garage/Parking

  • Parking Features: Carport - Attached

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Central Unit, Electric (Heating)
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Community Name: Good Hope

Schools

  • High School: Good Hope

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.51
  • Parcel Num: 2702040001136000

Building Info

  • Year Built: 1900
  • BuildingAreaTotal: 2049

MLS Schools

  • HighSchool: Good Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
May 20, 2019
Sold by
Fannie Mae
Bought by
Ratcliff Johnathan Wade and Ratcliff Andrea Lorenia
Seller's Agent
Mark Caudell
South Towne REALTORS
Buyer's Agent
Terri McGriff-Waldrop
ERA Waldrop Real Estate
List Price
$162,000
Sold Price
$177,949
Premium/Discount to List
$15,949
9.85%
Current Estimated Value
$378,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,929
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Mar 21, 2019
Sold by
Dickinson O
Bought by
Federal National Mortgage Asso
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
Ratcliff Johnathan Wade $177,949 Bright Line Title
Federal National Mortgage Asso -- Ruth Ruhl Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $177,949 +9.8% $87 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $162,000 -- $79 / 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 $709 $27,260 $0 $0
2023 $709 $26,320 $0 $0
2022 $642 $24,700 $0 $0
2021 $534 $20,540 $0 $0
2020 $519 $19,960 $0 $0
2019 $0 $18,880 $0 $0
2018 $885 $34,020 $0 $0
2017 $0 $32,480 $0 $0
2016 $0 $32,460 $0 $0
2014 -- $32,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 407894

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 27-02-04-0-001-136.000