NOT LISTED FOR SALE

405 Cherokee Rd Unit 6 Cropwell, AL 35054

Estimated Value: $1,063,000 - $1,754,214

3.09 Acres
$450,832 Price per Acre
134,600 Sq Ft Lot

Sale Details

Date Sold: October 19, 2020

Last sale price $375,000

Est. 271% increase in value since last sale

Current estimated payment $7,932 / mo

62 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Lake View
  • 3.09 Acre Lot
  • Fishing Allowed

About This Lot

As of October 2020

3+- Acre Estate Lot. 500+- feet of main channel frontage. Exclusive neighborhood with large/mature oaks and pines. Never developed. Protection of the slew on one end and main channel panoramic views on the other. Cannot be divided. Owner is a licensed commercial agent in the State of Alabama.

Last Agent to Sell the Property

Dana Ellison

LAH Sotheby's International Realty Mountain Brook Listed on: 08/12/2020

LAH Sotheby's International Realty Mountain Brook

Last Buyer's Agent

MLS Non-member Company

Birmingham Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,129

Lot Details

  • 3.09 Acre Lot
  • 500 Feet of Waterfront
  • Sloped Lot
  • Few Trees

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Lake Views
  • Flood Zone Lot

Community Details

  • Fishing Allowed
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed

Listing and Financial Details

  • Assessor Parcel Number 31-06-14-0-001-010.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,129

Lot Details

3.09 Acres

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Legal Description: Lot 6 Dogwood Point Estates
  • Property Type: Lots
  • Flood Plain: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Logan Martin
  • Waterfront Frontage: 500
  • Road Access: County Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Phone, Water

Condo/Co-op/Association

  • Amenities: Fishing Allowed, Skiing Allowed, Swimming Allowed

Lot Info

  • Assessor Parcel Number: 31-06-14-0-001-010.000
  • Lot Description: Acreage, Sloping Lot, Some Trees, Subdivision
  • Lot View: Lake/Water View
  • Number Acres: 3.09
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential

Tax Info

  • Tax District: County
  • Annual Tax: 1129

Multi Family

  • Number Of Lots: 1 Lot

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Bought by
Current Estimated Value
$1,393,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$903,024
Interest Rate
3.01%
Mortgage Type
Construction
Estimated Equity
$490,047

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 19, 2020
Sold by
Bought by
Seller's Agent
Dana Ellison
LAH Sotheby's International Realty Mountain Brook
Buyer's Agent
MLS Non-member Company
Birmingham Non-Member Office
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.04%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$375,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $375,000 -16.7% --
10/13/2020 10/13/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $450,000 -- --
Source: Greater Alabama MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,886 $135,720 $0 $0
2024 $4,930 $273,872 $34,300 $239,572
2023 $3,918 $273,872 $34,300 $239,572
2022 $1,310 $36,400 $36,400 $0
2021 $1,128 $36,400 $36,400 $0
2020 $1,128 $36,400 $36,400 $0
2019 $1,128 $36,400 $36,400 $0
2018 $1,085 $35,000 $0 $0
2017 $849 $35,000 $0 $0
2016 $1,085 $35,000 $0 $0
2015 $849 $35,000 $0 $0
2014 $849 $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 892193

Greater Alabama MLS

APN: 31-06-14-0-001-010.000

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