NOT LISTED FOR SALE

445 Chickasaw Trace Cherokee, AL 35616

Estimated Value: $671,000 - $894,000

5 Beds
6 Baths
4,500-4,999 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $700,000 $140 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,306/month

294 Days on Market

Highlights

  • Boathouse
  • Lake On Lot
  • Waterfront
  • Docks
  • Two Primary Bedrooms
  • Two Primary Bathrooms

About This Home

As of July 2022

Water Front Gated Estate with 300 +/- ft of Water Frontage. Double Covered Boat Dock and a Double Rail System to an enclosed Boat House for 2 additional boats. This 4 or 5 Bdrm, 4.5 Ba. has 2 private Suites. Home is currently going through some renovation and can be a Magnificent show place. Also comes with an additional adjoining Waterview lot and extra covered slip in the Community Marina. Located in Eagle Point Gated Community, approx. 30 minutes from Iuka, M

Last Agent to Sell the Property

David Harbin

Crye-Leike Pickwick License #271426 Listed on: 08/02/2021

Crye-Leike Pickwick

Last Buyer's Agent

Wm. Hank Thomas

Crye-Leike Pickwick License #293676

Crye-Leike Pickwick

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 305x239x268x102
  • Waterfront
  • Brick Fence
  • Landscaped
  • Wooded Lot
  • Few Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,900 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Washer and Dryer Hookup
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • Double Vanity
  • Whirlpool Bathtub

Parking

  • 1 Parking Space
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Boathouse
  • Docks
  • Lake On Lot
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heat Pump System
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Eagle Point Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 03-06-13-0-001-001.000

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Eagle Point
  • List Price Per Sq Ft: 183
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4900
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Two Primaries, Double Vanity Bath, Whirlpool(s), 2 Full Primary Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedrooms: 5
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Island In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Deck, Wooded Grounds, Brick or Stone Fence, Sidewalks, Workshop, Boat Dock, Boathouse
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab, Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Electric, Electric Heat Pump, Dual System
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Landscaped, Brick/Stone Fenced
  • Lot Size: 305X239X268X102

Tax Info

  • Assessor Parcel Number: 03-06-13-0-001-001.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Jul 15, 2022
Sold by
Walker Mary J and Walker Mary K
Bought by
Jett Derek
Seller's Agent
David Harbin
Crye-Leike Pickwick
Buyer's Agent
Wm. Hank Thomas
Crye-Leike Pickwick
List Price
$949,000
Sold Price
$700,000
Premium/Discount to List
-$249,000
-26.24%
Current Estimated Value
$756,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,691
Avg. Annual Appreciation
2.23%
Original Mortgage
$900,000
Interest Rate
3.96%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jett Derek $700,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jett Derek $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $700,000 -21.8% $156 / Sq Ft
03/09/2022 03/09/22 Price Changed $895,000 -5.7% $199 / Sq Ft
08/02/2021 08/02/21 For Sale $949,000 -- $211 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $4,051 $133,360 $34,540 $98,820
2024 $4,301 $132,340 $33,600 $98,740
2023 $4,020 $126,680 $0 $0
2022 $1,764 $57,140 $0 $0
2021 $1,693 $54,760 $0 $0
2020 $1,536 $49,540 $0 $0
2019 $1,534 $49,460 $0 $0
2018 $1,534 $49,460 $0 $0
2017 $1,484 $47,800 $0 $0
2016 $1,471 $47,380 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Harbin

    Seller's Agent in 2022

    David Harbin

    Crye-Leike

    (731) 926-1737

    120 Total Sales

    David Harbin
    Section Image

  • W

    Buyer's Agent in 2022

    Wm. Hank Thomas

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10105511

Memphis Area Association of REALTORS®

APN: 03-06-13-0-001-001.000

Alabama Colbert County Cherokee 35616

445 Chickasaw Trace, Cherokee, AL

Not Listed for Sale

Detached

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