505 County Rd Centre, AL 35960
Estimated Value: $132,000 - $166,000
Studio
2
Baths
1,896
Sq Ft
$79/Sq Ft
Est. Value
About This Home
This home is located at 505 County Rd, Centre, AL 35960 and is currently estimated at $149,966, approximately $79 per square foot. 505 County Rd is a home with nearby schools including Cherokee County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2026
Sold by
Elite Real Estate Management 2 Llc
Bought by
Simpson Property Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,698,301
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,548,335
Purchase Details
Closed on
Oct 30, 2025
Sold by
Farmer Tracy E
Bought by
Elite Real Estate Management 2 Llc
Purchase Details
Closed on
Mar 24, 2022
Sold by
Houston Farmer Jr
Bought by
Farmer Tracy E
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Simpson Property Llc | $1,600,000 | None Listed On Document | |
| Elite Real Estate Management 2 Llc | $153,125 | None Listed On Document | |
| Farmer Tracy E | $262,500 | Shumaker Albert L |
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 | Simpson Property Llc | $1,700,000 |
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 | $1,429 | $30,400 | $1,400 | $29,000 |
| 2024 | $1,429 | $30,400 | $1,400 | $29,000 |
| 2023 | $1,429 | $30,400 | $0 | $0 |
| 2022 | $1,382 | $29,400 | $1,400 | $28,000 |
| 2021 | $1,233 | $26,240 | $1,400 | $24,840 |
| 2020 | $1,379 | $29,340 | $1,400 | $27,940 |
| 2019 | $1,379 | $29,340 | $1,400 | $27,940 |
| 2018 | $1,379 | $29,340 | $0 | $0 |
| 2017 | $958 | $101,920 | $0 | $0 |
| 2016 | $856 | $101,920 | $0 | $0 |
| 2015 | $856 | $101,920 | $0 | $0 |
| 2014 | $832 | $99,060 | $0 | $0 |
| 2013 | $832 | $99,060 | $0 | $0 |
Source: Public Records
Map
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