NOT LISTED FOR SALE

531 Cherry Tree Rd Gurley, AL 35748

Estimated Value: $250,227 - $284,000

3 Beds
2 Baths
1,442 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $150,000 $104 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,429/month

8 Days on Market

Highlights

  • 1.86 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of March 2019

FULL BRICK RANCHER ON 1&1/2 ACRES IN A PRIVATE SETTING. LOCATED 1/4 MILE OFF THE HIGHWAY. A SCREENED IN BACK PORCH, ISOLATED MASTER BEDROOM, WOOD BURNING FIRE PLACE, DIMENSIONAL SHINGLES, CENTRAL HEAT AND AIR, FRIDGE AND WASH/DRYER INCLUDED WITH SALE.

Last Agent to Sell the Property

Dennis Martin

Averbuch Realty License #56165 Listed on: 02/07/2019

Last Buyer's Agent

Danna Pierce

MarMac Real Estate License #92480

MarMac Real Estate

Home Details

Home Type

  • Single Family

Lot Details

  • 1.86 Acre Lot
  • Lot Dimensions are 230.47 x 352.93 x 228.13 x 352.88

Interior Spaces

  • 1,442 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Madison County Elementary School
  • Madison County High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010891908330000025.000

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Living Area: 1442
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.86
  • Lot Size: 230.47 x 352.93 x 228.13 x 352.88
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Madison County

Lot Info

  • Parcel Number: 010891908330000025.000
  • Lot Size Sq Ft: 81021.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: na

MLS Schools

  • Elementary School: Madison County
  • High School: Madison County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 27, 2019
Sold by
Humphrey James C
Bought by
Lane Paul
Seller's Agent
Dennis Martin
Averbuch Realty
Buyer's Agent
Danna Pierce
MarMac Real Estate
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Current Estimated Value
$265,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,057
Avg. Annual Appreciation
8.68%
Original Mortgage
$151,515
Outstanding Balance
$132,113
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$132,944

Purchase Details

Listed on
Nov 4, 2013
Closed on
Apr 3, 2014
Sold by
Cuardiacare Services Inc
Bought by
Humphrey James C
Seller's Agent
Gary Potter
Ace Realty
Buyer's Agent
Dennis Martin
Martin Property Management
List Price
$124,900
Sold Price
$122,000
Premium/Discount to List
-$2,900
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$124,489
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Paul $150,000 None Available
Humphrey James C $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Paul $151,515
Previous Owner Humphrey James C $124,489
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2019 07/01/19 Off Market $150,000 -- --
03/27/2019 03/27/19 Sold $150,000 +7.2% $104 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $139,900 +14.7% $97 / Sq Ft
07/02/2014 07/02/14 Off Market $122,000 -- --
04/03/2014 04/03/14 Sold $122,000 -2.3% $85 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $124,900 -- $87 / 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
2025 $627 $18,820 $3,920 $14,900
2024 $627 $17,860 $3,920 $13,940
2023 $597 $15,880 $3,920 $11,960
2022 $436 $13,480 $2,560 $10,920
2021 $400 $12,480 $2,560 $9,920
2020 $377 $11,860 $2,480 $9,380
2019 $364 $11,500 $2,480 $9,020
2018 $351 $11,120 $0 $0
2017 $351 $11,120 $0 $0
2016 $351 $11,120 $0 $0
2015 $351 $11,120 $0 $0
2014 $297 $10,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Martin

    Seller's Agent in 2019

    Dennis Martin

    Averbuch Realty

    (256) 658-1457

    2 in this area

    19 Total Sales

    Dennis Martin
    Section Image
  • Danna Pierce

    Buyer's Agent in 2019

    Danna Pierce

    MarMac Real Estate

    (256) 565-5008

    22 Total Sales

    Danna Pierce
    Section Image
  • Gary Potter

    Seller's Agent in 2014

    Gary Potter

    Ace Realty

    (256) 797-8078

    11 in this area

    89 Total Sales

    Gary Potter
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1111949

ValleyMLS.com

APN: 19-08-33-0-000-025.000

Alabama Madison County Gurley 35748

531 Cherry Tree Rd, Gurley, AL

Not Listed for Sale

Detached

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