NOT LISTED FOR SALE

720 Margerum Rd Cherokee, AL 35616

Estimated Value: $61,222 - $219,000

2 Beds
2 Baths
1,250 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $85,000 $68 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $689/month

14 Days on Market

Highlights

  • Views of Pier
  • Living Room with Fireplace
  • 2 Car Detached Garage
  • Waterfront
  • Separate Outdoor Workshop
  • Cooling Available

About This Home

As of July 2012

PERFECT GETAWAY! 2 BEDROOM, 2 BATH CABIN ON PICKWICK LAKE WITH LARGE GREAT ROOM, AND GAS LOG FIREPLACE. PROPERTY HAS 24 X 24 DOUBLE DETACHED GARAGE AND CAMPER HOOK UPS. WATERFRONT OWNED BY TVA. PIER & BOAT RAMP OWNED BY SELLERS. ALSO CAN BE SOLD ALONG WITH ADJOINING PROPERTY MLS# 380398.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $192

Year Built

  • Built in 1960

Lot Details

  • 0.89 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Views of a pier
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • Cherokee Elementary And Middle School
  • Cherokee High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 04-08-34-0-000-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$192

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1250
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 50 X 140 X 52 IRR
  • Shoals Pic Orig I D: 380380
  • Sp Lp Percent: 0.95
  • Subdivision Name: None
  • Agent Only_ L A1 User Code: S1_172722
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Speed Internet, Other (Interior)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Fireplace Features: Gas Log, Living Room (Fireplace)
  • Bathrooms Level 1: 2
  • Full Bathrooms: 2
  • Basement: None (Basement)
  • Attic: Pull Down Stairs, Partially Floored
  • Flooring: Carpet, Linoleum
  • LivingArea: 1250
  • Price Per S Q F T: 68
  • Total Bedrooms: 2

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Lot Features: Level
  • OtherStructures: Workshop (OtherStr)
  • Roof: Metal
  • Waterfront Features: Pier
  • Waterfront: Yes
  • Waterfront Name: Pickwick Lake
  • ExteriorFeatures: Rain Gutters

Garage/Parking

  • Parking Features: Driveway, Garage - Detached, Gravel (ParkingFeatures)
  • Garage Spaces: 2

Utilities

  • Cooling: Electric (Cooling)
  • Heating: Heat Pump (Heating), Propane (Heating)
  • Sewer: Septic Tank
  • Water Source: Private (WaterSource), Public (WaterSource), Well
  • Laundry Features: Inside

Schools

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

Lot Info

  • Range Aces: 0-.99 acres
  • Acres: 0.89
  • Parcel Num: 04-08-34-0-000-006-000

Building Info

  • Year Built: 1960
  • BuildingAreaTotal: 1250

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2012
Closed on
Jul 2, 2012
Sold by
Spence Samuel A
Bought by
Dean Debra S
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$127,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,306
Avg. Annual Appreciation
3.09%
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
Dean Debra S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2012 07/12/12 Sold $85,000 -5.5% $68 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $89,900 -- $72 / 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 $192 $4,740 $840 $3,900
2023 $192 $4,500 $0 $0
2022 $174 $4,120 $0 $0
2021 $158 $3,600 $0 $0
2020 $149 $3,300 $0 $0
2019 $149 $3,300 $0 $0
2018 $149 $3,300 $0 $0
2017 $142 $3,060 $0 $0
2016 $141 $3,040 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 87524

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 04-08-34-0-000-006.000

Alabama Colbert County Cherokee 35616

720 Margerum Rd, Cherokee, AL

This home is located at 720 Margerum Rd, Cherokee, AL 35616 since 29 May 2012 and is currently estimated at $127,306, approximately $101 per square foot. This property was built in 1960. 720 Margerum Rd 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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