NOT LISTED FOR SALE

401 Hoeppner Ln NE Cullman, AL 35055

Estimated Value: $186,000 - $513,000

3 Beds
2 Baths
3,980 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $255,000 $64 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,047/month

About This Home

LIVE IN A BEAUTIFUL REMODELED CLASSIC CULLMAN HOME, WHILE IT PRODUCES INCOME FOR YOU! THIS UNIQUE PROPERTY OFFERS A LARGE, RECENTLY REMODELED HOME WITH A LARGE YARD WITH ADJOINING INCOME PRODUCING PROPERTY. THE DUPLEX OFFERS A STUDIO APARTMENT, ONE BEDROOM, A GARAGE AND A 30X40 WAREHOUSE SPACE, CURRENTLY FRAMED AND DRY-WALLED FOR A 2BR APARTMENT.OWNERS ARE LICENSED REALTORS.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 29, 2021
Sold by
Alpha Holdings Llc
Bought by
Scruggs Ben Stephen and Scruggs Kathryn C
Seller's Agent
Kevin Rice
SR4 Realty LLC
Buyer's Agent
JUSTIN SELF
SR4 Realty LLC
List Price
$302,000
Sold Price
$255,000
Premium/Discount to List
-$47,000
-15.56%
Current Estimated Value
$343,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,226
Avg. Annual Appreciation
7.71%
Original Mortgage
$216,750
Outstanding Balance
$198,365
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$144,861

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 17, 2021
Sold by
Alpha Holdings Llc
Bought by
Scruggs Ben Stephen and Scruggs Kathryn C
Seller's Agent
Kevin Rice
SR4 Realty LLC
Buyer's Agent
JUSTIN SELF
SR4 Realty LLC
List Price
$302,000
Sold Price
$255,000
Premium/Discount to List
-$47,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Outstanding Balance
$198,365
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$144,861

Purchase Details

Closed on
Sep 25, 2020
Sold by
Shaver Sharon B
Bought by
Alpha Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,554
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2020
Sold by
Shaver Sharon B
Bought by
Alpha Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,554
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Scruggs Ben Stephen $255,000 Tbx Title
Scruggs Ben Stephen $255,000 Tbx Title
Alpha Holdings Llc $170,000 Tbx Title
Alpha Holdings Llc $170,000 Tbx Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Holdings Llc $216,750
Closed Scruggs Ben Stephen $216,750
Previous Owner Alpha Holdings Llc $174,554
Previous Owner Alpha Holdings Llc $174,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $255,000 -15.6% $64 / Sq Ft View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $302,000 -- $76 / Sq Ft

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
2025 $2,815 $73,120 $0 $0
2024 $2,641 $68,600 $0 $0
2023 $2,641 $65,260 $0 $0
2022 $1,773 $46,040 $0 $0
2021 $1,625 $42,220 $0 $0
2020 $837 $22,900 $0 $0
2019 $837 $22,900 $0 $0
2018 $797 $21,880 $0 $0
2017 $870 $23,760 $0 $0
2016 $870 $23,760 $0 $0
2014 $830 $22,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Rice

    Seller's Agent in 2021

    Kevin Rice

    SR4 Realty LLC

    (256) 735-3932

    126 Total Sales

    Kevin Rice
    Section Image
  • JUSTIN SELF

    Seller Co-Listing Agent in 2021

    JUSTIN SELF

    SR4 Realty LLC

    (256) 339-3387

    108 Total Sales

    JUSTIN SELF
    Section Image
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Map

Alabama Cullman County Cullman 35055

401 Hoeppner Ln NE, Cullman, AL

Not Listed for Sale

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