NOT LISTED FOR SALE

527 E Rasch Rd Florence, AL 35633

Estimated Value: $187,000 - $270,000

3 Beds
3 Baths
2,467 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $165,000 $67 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,311/month

7 Days on Market

Highlights

  • In Ground Pool
  • Storm Windows
  • Central Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • Gas Fireplace

About This Home

As of January 2024

Excellent investment opportunity! This large, traditional, brick home is conveniently located just minutes from downtown Florence and centrally located near multiple shopping centers as well as the Florence Industrial Park. This property is in need of some renovations and maintenance but has the potential to be a beautiful home. The property will be sold "as is". All information is to be verified but the buyer.

Last Agent to Sell the Property

Scot McKinney

RE/MAX Tri-State License #000120095 Listed on: 11/28/2023

RE/MAX Tri-State

Last Buyer's Agent

Carliauna Burress

SHOALS AREA ASSOCIATION OF REA License #000113109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 110' x 200'
  • Property fronts a county road
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,467 Sq Ft Home
  • Gas Fireplace
  • Laminate Flooring
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Storage
  • Rain Gutters

Schools

  • Wilson Elementary And Middle School
  • Wilson High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Florence Community

Listing and Financial Details

  • Assessor Parcel Number 15-05-22-0-006-010.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2467
  • Built Before 1978 (Y/N): Yes
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 110' X 200'
  • Multiple Level Y N: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt (RoadSurfaceType)
  • Sp Lp Percent: 91.72
  • Subdivision Name: None
  • Outbuilding Sq Ft: 600
  • Agent Only_ L A1 User Code: S263_1900522
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas (Fireplace)
  • Full Bathrooms: 3
  • Attic: Access Only
  • Basement YN: No
  • Flooring: Laminate
  • LivingArea: 2467
  • Price Per S Q F T: 66.88
  • Window Features: Storm Window(s)
  • Total Bedrooms: 3
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Main Level Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 3

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Roof: Shingle
  • Waterfront: No
  • ExteriorFeatures: Rain Gutters, Storage (ExteriorFeat)
  • Pool Features: In Ground

Garage/Parking

  • Parking Features: Concrete (Parking), Driveway

Utilities

  • Cooling: Central Air
  • Heating: Central Unit
  • Sewer: Septic to Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public (WaterSource)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

  • Elementary School: Wilson
  • Middle School: Wilson
  • High School: Wilson

Lot Info

  • Parcel Num: 15-05-22-0-006-010.000

Building Info

  • Year Built: 1976
  • BuildingAreaTotal: 2467

MLS Schools

  • Elementary School: Wilson
  • Middle School: Wilson
  • HighSchool: Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 16, 2024
Sold by
Joly Walter J
Bought by
Lambert Guy A
Seller's Agent
Scot McKinney
RE/MAX Tri-State
Buyer's Agent
Carliauna Burress
SHOALS AREA ASSOCIATION OF REA
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Total Days on Market
7
Views
168
Current Estimated Value
$221,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,773
Avg. Annual Appreciation
23.90%
Original Mortgage
$156,750
Outstanding Balance
$154,600
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$67,173

Purchase Details

Closed on
Sep 26, 2011
Sold by
Joly Walter J
Bought by
Joly Rental Services Llc
Source: Public Records

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Range of Values:

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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
Lambert Guy A $165,000 Attorney Only
Joly Rental Services Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Guy A $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $165,000 -8.3% $67 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $179,900 -- $73 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $840 $20,500 $1,560 $18,940
2023 $840 $1,440 $1,440 $0
2022 $639 $15,780 $0 $0
2021 $555 $13,800 $0 $0
2020 $613 $15,160 $0 $0
2019 $613 $15,160 $0 $0
2018 $590 $14,620 $0 $0
2017 $1,371 $14,040 $0 $0
2016 $1,371 $27,980 $0 $0
2015 $976 $19,920 $0 $0
2014 $1,341 $27,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 514032

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 15-05-22-0-006-010.000