NOT LISTED FOR SALE

502 Falling Leaf Ln Cherokee Ridge, AL 35175

Estimated Value: $695,000 - $848,087

4 Beds
4.5 Baths
5,010 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $845,000 $169 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,341/month

197 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Wooded Lot
  • Brindlee Mountain Primary School Rated A-
  • Secluded Lot
  • Traditional Architecture

About This Home

As of February 2024

Assumable 4.625% VA loan. This completely updated and remodeled home is located on the 4th hole green on a 18 hole championship golf course with a gated community surrounded by lake and mountain views. Heated pool with professionally landscaped gardens and patio. Located within minutes of Redstone Arsenal, Research Park, Bridge street Entertainment and shopping district, Huntsville Hospital, and the New Madison Towne Center with Baseball Stadium. A chef's dream kitchen with Wolf gas cook top, double oven, kitchen island, and spacious pantry. Isolated master bedroom suite with three vanities, claw tub, and two spacious walk in closets. Brazilian Cherry HW Floors. Must see workshop in garage

Last Agent to Sell the Property

Tom Schuster

Quest Real Estate, LLC License #86113 Listed on: 07/17/2023

Last Buyer's Agent

Amy Poole

Ainsworth Real Estate, LLC License #120397

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Wrought Iron Fence
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,010 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Gas Log Fireplace
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Storm Cellar or Shelter

Schools

  • Arab Middle Elementary School
  • Arab High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Underground Utilities
  • Private Sewer

Listing and Financial Details

  • Tax Lot 523
  • Assessor Parcel Number 1204173000009.000

Community Details

Overview

  • Property has a Home Owners Association
  • Cherokee Ridge HOA, Phone Number (256) 841-4551
  • Cherokee Ridge Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Living Area: 5010
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Surface Type: Concrete
  • Subdivision Name: Cherokee Ridge
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2006
  • RoomBedroom1Level: First
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Appliances: 42 Built In Refrig, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave, Washer, Security System
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Wooded, Views, Sprinkler Sys, Secluded
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Waterfront Features: Pond
  • Exterior Features: Curb/Gutters
  • Other Structures: Storm Shelter
  • Patio And Porch Features: Covered Porch, Front Porch, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached, Garage Door Opener, Three Car Garage, Workshop in Garage, Garage Faces Side

Utilities

  • Heating: Central 2+, Electric
  • Cooling: Central 2+, Electric
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Tennis Court(s), Pool
  • Association Name: Cherokee Ridge HOA
  • Phone: 256-841-4551
  • Association: Yes

Schools

  • Middle Or Junior School: Arab Middle School

Lot Info

  • Parcel Number: 1204173000009.000
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 523

MLS Schools

  • Elementary School: Arab Elementary School
  • High School: Arab High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Feb 23, 2024
Sold by
Burkhalter Michael and Burkhalter Ursula
Bought by
Jones Michael K and Jones Kimberly Anne
Seller's Agent
Tom Schuster
Quest Real Estate, LLC
Buyer's Agent
Amy Poole
Ainsworth Real Estate, LLC
List Price
$950,000
Sold Price
$845,000
Premium/Discount to List
-$105,000
-11.05%
Views
434
Current Estimated Value
$784,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,304
Avg. Annual Appreciation
-4.31%
Original Mortgage
$600,000
Outstanding Balance
$576,022
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$208,674

Purchase Details

Listed on
Sep 16, 2016
Closed on
Mar 3, 2017
Sold by
Mccarty Holly G and Garrett Marcus D
Bought by
Burkhalter Michael and Burkhalter Ursula
Seller's Agent
Allie Wright
A.H. Sothebys Int. Realty
Buyer's Agent
Darin Windham
RE/MAX Today
List Price
$625,000
Sold Price
$545,000
Premium/Discount to List
-$80,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$514,775
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Oct 29, 2015
Sold by
Mccarty Holly G and Garrett Marcus D
Bought by
Mccarty Holly G and Garrett Marcus D

Purchase Details

Closed on
Jul 8, 2005
Sold by
Cherokkee Ridge Corp
Bought by
Garrett Thomas E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Michael K $845,000 None Listed On Document
Jones Michael K $845,000 None Listed On Document
Burkhalter Michael $545,000 None Available
Mccarty Holly G -- None Available
Garrett Thomas E $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Michael K $600,000
Closed Jones Michael K $600,000
Previous Owner Burkhalter Michael $514,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $845,000 -0.6% $169 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $850,000 -10.5% $170 / Sq Ft
11/14/2023 11/14/23 For Sale $950,000 0.0% $190 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $950,000 +74.3% $190 / Sq Ft
06/04/2017 06/04/17 Off Market $545,000 -- --
03/03/2017 03/03/17 Sold $545,000 -12.8% $121 / Sq Ft View Prior Sale
01/26/2017 01/26/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $625,000 -- $139 / Sq Ft
Source: ValleyMLS.com

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 $2,560 $61,480 $0 $0
2023 $2,743 $61,480 $9,000 $52,480
2022 $2,560 $61,480 $0 $0
2021 $2,253 $61,480 $0 $0
2020 $1,848 $50,700 $0 $0
2017 $1,841 $50,680 $0 $0
2015 -- $103,260 $0 $0
2014 -- $51,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Schuster

    Seller's Agent in 2024

    Tom Schuster

    Quest Real Estate, LLC

    (256) 783-7059

    110 Total Sales

    Tom Schuster
    Section Image
  • Amy Poole

    Buyer's Agent in 2024

    Amy Poole

    Ainsworth Real Estate, LLC

    (256) 477-0598

    87 Total Sales

    Amy Poole
    Section Image
  • Allie Wright

    Seller's Agent in 2017

    Allie Wright

    A.H. Sothebys Int. Realty

    (561) 827-1232

    175 Total Sales

    Allie Wright
    Section Image

  • D

    Buyer's Agent in 2017

    Darin Windham

    RE/MAX

    (256) 652-9032

    19 Total Sales

    Darin Windham
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1839021

ValleyMLS.com

APN: 120420-2-000-021011

Alabama Marshall County 35175

502 Falling Leaf Ln, AL

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.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2025 Valley MLS

Nearby Homes