NOT LISTED FOR SALE

506 Cherry St Gadsden, AL 35901

Estimated Value: $138,000 - $197,254

3 Beds
3 Baths
2,690 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $46,000 $17 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,023/month

106 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2021

Need Lenders letter or proof of funds at the time of offer. REDEMPTION RIGHTS MAY APPLY YR BUILT, SQ FT & LOT SIZE PER TAX RECORD BUYER TO VERIFY ALL INFORMATION INCLUDING SCHOOL. SELLER WILL NOT COMPLETE ANY REPAIRS TO THE SUBJECT PROPERTY, EITHER LENDER OR BUYERS REQUESTED.T. SQUARE FEET, YEAR BUILT AND LOT SIZE PER TAX RECORDS BUYER TO VERIFY ALL BEFORE MAKING AN OFFER. PER SELLER NO INSPECTIONS BEFORE GETTING EXECUTED CONTRACT BACK

Last Agent to Sell the Property

Susin Herod

American Real Estate License #49958 Listed on: 04/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 145 x 50 x 145

Interior Spaces

  • 2,690 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Gadsden Elementary School
  • Gadsden City High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fifth Avenue Addition Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1502091000240.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Living Area: 2690
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 145 x 50 x 145
  • Subdivision Name: Fifth Avenue Addition
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1905
  • RoomBedroom1Level: First
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Levels: One and One Half
  • Basement: Basement
  • Full Bathrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 264
  • Room Bedroom2 Area: 165
  • Room Bedroom3 Level: Second
  • Room Family Room Area: 165
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 330
  • Room Kitchen Area: 153
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 210

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Gadsden

Lot Info

  • Parcel Number: 1502091000240.000
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 1

MLS Schools

  • Elementary School: W.E. Striplin
  • High School: Gadsden City High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 27, 2021
Sold by
Federal Home Loan Mortgage Cor
Bought by
Cardenas Llc
Seller's Agent
Susin Herod
American Real Estate
List Price
$47,900
Sold Price
$46,000
Premium/Discount to List
-$1,900
-3.97%
Current Estimated Value
$171,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,814
Avg. Annual Appreciation
37.59%

Purchase Details

Closed on
Jun 16, 2016
Sold by
Chapple Nikeesa S
Bought by
Chapple Nikeesa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.58%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 17, 2015
Bought by
Chapple Nikeesa S and Chapple Nikeeda S
Seller's Agent
Tokrica Mack
ERA King Real Estate
Buyer's Agent
Tokrica Mack
ERA King Real Estate
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$93,279
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cardenas Llc -- --
Chapple Nikeesa S -- --
Chapple Nikeesa S $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapple Nikeesa S $100,000
Previous Owner Chapple Nikeesa S $93,279
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2024 09/01/24 Off Market $46,000 -- --
09/01/2021 09/01/21 Sold $46,000 -4.0% $17 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $47,900 0.0% $18 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $47,900 -4.0% $18 / Sq Ft
06/07/2021 06/07/21 Price Changed $49,900 -9.1% $19 / Sq Ft
06/02/2021 06/02/21 For Sale $54,900 0.0% $20 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $54,900 -12.7% $20 / Sq Ft
04/21/2021 04/21/21 For Sale $62,900 -33.8% $23 / Sq Ft
09/16/2015 09/16/15 Off Market $95,000 -- --
06/17/2015 06/17/15 Sold $95,000 -4.0% $32 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $99,000 -- $33 / 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 $1,459 $29,780 $740 $29,040
2023 $1,459 $29,780 $740 $29,040
2022 $1,203 $24,560 $0 $0
2021 $1,070 $21,840 $740 $21,100
2020 $528 $10,940 $0 $0
2019 $528 $10,940 $0 $0
2017 $471 $10,620 $0 $0
2016 $471 $10,620 $0 $0
2015 -- $10,620 $0 $0
2013 -- $9,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1779397

ValleyMLS.com

APN: 15-02-09-1-000-240.000