NOT LISTED FOR SALE

8 Possum Run Arley, AL 35541

Estimated Value: $468,194 - $587,000

2 Beds
2 Baths
1,520 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $425,000 $280 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,997/month

Highlights

  • 189 Feet of Waterfront
  • 1 Fireplace
  • No HOA
  • Meek Elementary School Rated 9+

About This Home

As of July 2022

PRICE REDUCTION ALERT!!!!!!! $460,000
The seller is wanting to retire and is motivated
This view will take your breath away 1500 sq ft with 1.2 acres unrestricted, this would make a perfect rental or a family getaway.
189 ft of year-round deep water on brushy Creek. pictures do not give it justice

Last Agent to Sell the Property

AGENT NON-MEMBER

CULLMAN ASSOCIATION OF REALTORS Listed on: 07/20/2022

Last Buyer's Agent

Katherine Duke

LAKE & COAST REAL ESTATE CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 2004

Lot Details

  • 1.18 Acre Lot
  • 189 Feet of Waterfront

Interior Spaces

  • 1,520 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Meek Elementary School
  • Meek Middle School
  • Meek High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Arley Community

Listing and Financial Details

  • Assessor Parcel Number 67-12-06-14-0-200-012.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1520
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 1.18 acres
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 92.39
  • Subdivision Name: N/A
  • Agent Only_ L A1 User Code: C10705000511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement YN: No
  • LivingArea: 1520
  • Price Per S Q F T: 279.61
  • Total Bedrooms: 2
  • Fireplaces: 1
  • FireplaceYN: Yes

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Water Frontage: 189
  • Waterfront: Yes
  • Waterfront Name: Smith Lake

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Name: Arley

Schools

  • Elementary School: Meek Elementary
  • Middle School: Meek Middle
  • High School: Meek

Lot Info

  • Acres: 1.18
  • Parcel Num: 67-12-06-14-0-200-012.000

Building Info

  • Year Built: 2004
  • BuildingAreaTotal: 1520

Tax Info

  • Tax Annual Amount: 1600

MLS Schools

  • Elementary School: Meek Elementary
  • Middle School: Meek Middle
  • HighSchool: Meek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jul 20, 2022
Sold by
Hilliard Lee M
Bought by
Hays Kenneth Earl and Hays Leah Wynnette
Seller's Agent
AGENT NON-MEMBER
CULLMAN ASSOCIATION OF REALTORS
Buyer's Agent
Katherine Duke
LAKE & COAST REAL ESTATE CO
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%
Current Estimated Value
$527,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,799
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jun 27, 2007
Sold by
Canady Reginald Neil and Canady Beverly J
Bought by
Hilliard Lee M
Source: Public Records

Range of Values:

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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
Hays Kenneth Earl $425,000 Stewart & Associates Pc
Hays Kenneth Earl $425,000 Stewart & Associates Pc
Hilliard Lee M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hillard Lee M $222,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $425,000 0.0% $280 / Sq Ft
07/20/2022 07/20/22 Sold $425,000 -7.6% $280 / Sq Ft
07/20/2022 07/20/22 For Sale $460,000 +8.2% $303 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/20/2022 06/20/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $425,000 -- $280 / 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 $978 $34,920 $0 $0
2023 $978 $33,220 $0 $0
2022 $1,706 $60,920 $0 $0
2021 $1,600 $57,160 $0 $0
2020 $1,484 $53,000 $0 $0
2019 $1,486 $53,080 $0 $0
2018 $1,413 $50,460 $0 $0
2017 $1,312 $252,320 $0 $0
2016 $1,312 $252,320 $0 $0
2015 $1,329 $255,520 $0 $0
2014 $1,254 $241,080 $0 $0
2013 -- $252,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 506839

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 12-06-14-0-200-012.000