NOT LISTED FOR SALE

56 Legends Ln Arley, AL 35541

Estimated Value: $690,468 - $864,000

5 Beds
3.5 Baths
2,500 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $491,000 $196 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,148/month

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • Attached Garage
  • Meek Elementary School Rated 9+
  • Rear Porch
  • Screened Patio

About This Home

As of August 2020

This home is located at 56 Legends Ln, Arley, AL 35541 since 10 August 2020 and is currently estimated at $761,867, approximately $304 per square foot. This property was built in 2007. 56 Legends Ln is a home located in Winston County with nearby schools including Meek Elementary School and Meek High School.

Last Agent to Sell the Property

AGENT NON-MEMBER

CULLMAN ASSOCIATION OF REALTORS Listed on: 08/10/2020

Last Buyer's Agent

Dylan Basenburg

SR4 Realty LLC License #120607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 2007

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 103x220x100
  • 100 Feet of Waterfront
  • Gentle Sloping Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • Wood Flooring
  • Pull Down Stairs to Attic
  • Electric Cooktop
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Screened Patio
  • Rear Porch

Schools

  • Meek High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Septic Needed

Community Details

  • Arley Community

Listing and Financial Details

  • Assessor Parcel Number 35541

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1400
  • Closing Attorney: MICHELLE ACTON- ACTON TITLE
  • Cullman Pic Orig I D: 105703
  • Frontage Len: 103
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 103X220X100
  • Sp Lp Percent: 1
  • Subdivision Name: Not In Subdivision
  • Waterfront Access: Water Front
  • Mortgage Lender: FIRST BANK
  • Agent Only_ L A1 User Code: C10705000511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Full Bathrooms: 3
  • Basement: Finished
  • Half Bathrooms: 1
  • Attic: Pull Down Stairs
  • Below Grade Finished Sq Ft: 1100
  • Flooring: Wood (Flooring)
  • LivingArea: 2500
  • Price Per S Q F T: 196.4
  • Total Bedrooms: 5

Beds/Baths

  • Total Bathrooms: 4

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Gentle Rolling
  • Patio And Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Roof: Composition
  • Water Frontage: 100
  • Waterfront: Yes
  • Waterfront Name: Smith Lake

Garage/Parking

  • Parking Features: Concrete (Parking), Garage - Attached

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Wood (Heating)
  • Sewer: Septic Needed

Condo/Co-op/Association

  • Community Name: Arley

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.6
  • Parcel Num: 35541

Building Info

  • Year Built: 2007
  • BuildingAreaTotal: 2500

Tax Info

  • Tax Annual Amount: 900

MLS Schools

  • HighSchool: Meek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Strine Jonathan C and Strine Tonia
Bought by
Wikle John Christopher and Wikle Summer Parker
Current Estimated Value
$761,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Outstanding Balance
$437,270
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$324,597

Purchase Details

Listed on
Aug 10, 2020
Closed on
Aug 14, 2020
Sold by
Hankins Alice Ann
Bought by
Strine Jonathan C
Seller's Agent
AGENT NON-MEMBER
CULLMAN ASSOCIATION OF REALTORS
Buyer's Agent
Dylan Basenburg
SR4 Realty LLC
List Price
$491,000
Sold Price
$491,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$466,450
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Hankins Alice Ann
Bought by
Hankins Don Alan

Purchase Details

Closed on
Jan 13, 2011
Sold by
First National Bank
Bought by
Hankins Alice A

Purchase Details

Closed on
Sep 9, 2009
Sold by
Anglin Jason and First National Bank Hamilton Rodney
Bought by
First National Bank Hamilton

Purchase Details

Closed on
Dec 5, 2006
Sold by
Berry Jonathan
Bought by
Anglin Jason and Anglin Rodney

Purchase Details

Closed on
Nov 27, 2006
Sold by
Smith Lake Waterfront Inc
Bought by
Berry Jonathan
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Wikle John Christopher $570,000 None Available
Wikle John Christopher $570,000 None Listed On Document
Strine Jonathan C $491,000 None Available
Hankins Don Alan $395,160 --
Hankins Alice A -- --
Hankins Alice A -- --
First National Bank Hamilton -- --
Anglin Jason -- --
Berry Jonathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wikle John Christopher $484,500
Closed Wikle John Christopher $484,500
Previous Owner Strine Jonathan C $466,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $491,000 0.0% $196 / Sq Ft
08/14/2020 08/14/20 Sold $491,000 0.0% $164 / Sq Ft View Prior Sale
08/10/2020 08/10/20 For Sale $491,000 0.0% $196 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $491,000 -- $164 / 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
2025 $1,966 $70,200 $0 $0
2024 $1,966 $65,620 $0 $0
2023 $1,837 $60,580 $0 $0
2022 $1,441 $51,460 $0 $0
2021 $2,672 $95,440 $0 $0
2020 $892 $82,960 $0 $0
2019 $904 $42,040 $0 $0
2018 $845 $39,300 $0 $0
2017 $0 $393,060 $0 $0
2016 $766 $393,060 $0 $0
2015 $771 $395,160 $0 $0
2014 $710 $371,980 $0 $0
2013 -- $379,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 409638

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 12-01-12-0-200-001.005