NOT LISTED FOR SALE

5280 Old Lee Hwy Cherokee, AL 35616

Estimated Value: $75,000 - $111,000

2 Beds
1 Bath
1,200 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $65,000 $54 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $543/month

50 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • 2 Attached Carport Spaces
  • Wood Flooring
  • Laundry Room
  • Multiple cooling system units

About This Home

As of November 2020

CUTE STARTER HOME OR MINI FARM. TWO BEDROOMS ONE BATH. 8.61 ACRE LOT, ON HIGHWAY 72 A TOTAL O 301.75 FEET. PROPERTY GOES TO OLD LEE HIGHWAY WITH 224.46 OF ROAD FRONTAGE. PROPERTY HAS A OLD BARN. DOUBLE CARPORT. THIS PROPERTY CAN BE COMMERCIAL.

Last Agent to Sell the Property

Vicki Davis

Riverside Realty, Inc License #000066604 Listed on: 07/23/2020

Last Buyer's Agent

Vicki Davis

Riverside Realty, Inc License #000066604 Listed on: 07/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206

Year Built

  • Built in 1944

Lot Details

  • 2

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Blinds
  • Crawl Space
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Deck

Schools

  • Cherokee Elementary And Middle School
  • Cherokee High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 050736000300200

Home Details

Home Type

Single Family

Est. Annual Taxes

$206

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1200
  • Built Before 1978 (Y/N): Yes
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 8.61 Acres
  • Shoals Pic Orig I D: 431357
  • Sp Lp Percent: 0.87
  • Subdivision Name: None
  • Agent Only_ L A1 User Code: S1109_11599
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Other (Interior)
  • Appliances: Electric Range, Electric Water Heater
  • Fireplace Features: None (Fireplace)
  • Bathrooms Level 1: 1
  • Full Bathrooms: 1
  • Basement: None (Basement)
  • Attic: Access Only
  • Flooring: Carpet, Linoleum, Wood (Flooring)
  • LivingArea: 1200
  • Price Per S Q F T: 54.17
  • Window Features: Blinds
  • Total Bedrooms: 2
  • Room Type: Kitchen (RoomType), Laundry (RoomType)

Beds/Baths

  • Total Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck (PatioAndPorch)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport - Attached, Driveway, Gravel (ParkingFeatures)
  • Carport Spaces: 2

Utilities

  • Cooling: Multi Units, Window Unit(s)
  • Heating: Propane (Heating)
  • Sewer: Septic Tank
  • Water Source: Public (WaterSource)
  • Laundry Features: Laundry Room

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • High School: Cherokee

Lot Info

  • Range Aces: 0-.99 acres
  • Parcel Num: 050736000300200

Building Info

  • Year Built: 1944
  • BuildingAreaTotal: 1200

MLS Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • HighSchool: Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 9, 2020
Sold by
Wesson Sandra and Boltton Stanley
Bought by
Moore Leah and Hutchins Robert
Seller's Agent
Vicki Davis
Riverside Realty, Inc
Buyer's Agent
Vicki Davis
Riverside Realty, Inc
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Current Estimated Value
$95,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,962
Original Mortgage
$55,000
Outstanding Balance
$41,126
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2019
Sold by
Nunley Lisa J and Wesson Sandra
Bought by
Bolton Wayne and Bolton Stanley

Purchase Details

Closed on
Aug 23, 2017
Sold by
Bolton Jackie Nell and Nunley Lisa J
Bought by
Bolton Wayne and Bolton Stanley

Purchase Details

Closed on
Jul 26, 2017
Sold by
Bolton Jackie Nell and Bolton Huston
Bought by
Nunley Lisa J and Wesson Sandra

Purchase Details

Closed on
Jun 28, 2017
Sold by
Wesson Sandra and Nunley Liasa J
Bought by
Bolton Jackie Nell
Source: Public Records

Range of Values:

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Average Value
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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
Moore Leah $65,000 None Available
Bolton Wayne -- None Available
Bolton Wayne -- --
Nunley Lisa J -- --
Bolton Jackie Nell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Leah $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $65,000 -13.3% $54 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $75,000 -- $63 / 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 $206 $6,640 $1,260 $5,380
2023 $206 $6,280 $0 $0
2022 $222 $5,740 $0 $0
2021 $271 $7,380 $0 $0
2020 $0 $6,620 $0 $0
2019 $0 $6,620 $0 $0
2018 $0 $6,620 $0 $0
2017 $0 $5,920 $0 $0
2016 $0 $5,920 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicki Davis

    Seller's Agent in 2020

    Vicki Davis

    Riverside Realty, Inc

    (256) 412-7555

    180 Total Sales

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 112630

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 05-07-36-0-003-002.000

Alabama Colbert County Cherokee 35616

5280 Old Lee Hwy, Cherokee, AL

This home is located at 5280 Old Lee Hwy, Cherokee, AL 35616 since 23 July 2020 and is currently estimated at $95,962, approximately $79 per square foot. This property was built in 1944. 5280 Old Lee Hwy is a home located in Colbert County with nearby schools including Cherokee Elementary School and Cherokee High School.

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.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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