NOT LISTED FOR SALE

885 River Rd Cordova, AL 35550

Estimated Value: $159,311 - $195,000

3 Beds
2 Baths
1,196 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $145,000 $121 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,008/month

22 Days on Market

About This Home

As of April 2022

Great updated on with acreage. You want to see this one today!! Property is owned by the US Dept. Of HUD. Case Number011-848514 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are ''as is'' EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

Last Listed By

Melissa Justice

Exit Justice Realty License #85983 Listed on: 02/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $226

Year Built

  • 1960

Lot Details

  • 7 Acre Lot

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 64 16 08 27 0 001 015.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$226

Year Built

1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 7.0
  • Subdivision Name: none
  • Directions: Head west on Main St toward Mine St 1.2 mi Turn right onto AL-5 N/Hwy 78 W 5.6 mi Turn left onto River Rd
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Schools Middle Schools: County
  • Schools High Schools: County
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Remarks2: None
  • General Property Description:Garage Stall2: 0

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 304920.0
  • Parcel #: 64 16 08 27 0 001 015.002
  • Zoning: _

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 7, 2022
Sold by
Secretary Of Hsng & Urban Dev
Bought by
Secretary Of Housing & Urban D
Seller's Agent
Melissa Justice
Exit Justice Realty
Buyer's Agent
Melissa Justice
Exit Justice Realty
List Price
$145,000
Sold Price
$145,000
Total Days on Market
22
Current Estimated Value
$177,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,578
Avg. Annual Appreciation
7.82%
Original Mortgage
$140,250
Outstanding Balance
$134,087
Interest Rate
4.98%
Mortgage Type
New Conventional
Estimated Equity
$48,362

Purchase Details

Closed on
Aug 2, 2021
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Hud

Purchase Details

Closed on
Jul 22, 2021
Sold by
Darrien Jones Aldridge Pite Llp
Bought by
Wilmington Savings Fund Society Fsb As T

Purchase Details

Closed on
Sep 29, 2016
Sold by
Raines Ronald and Raines Kaye
Bought by
Roberts James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2015
Sold by
Goodson
Bought by
Raines Ronald and Raines Kaye

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
Secretary Of Housing & Urban D $145,000 Attorney Only
Hud -- None Available
Wilmington Savings Fund Society Fsb As T -- None Available
Roberts James C $150,000 --
Raines Ronald $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Secretary Of Housing & Urban D $140,250
Previous Owner Roberts James C $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $145,000 0.0% $121 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $145,000 -- $121 / Sq Ft
Source: Walker Area Association of REALTORS®

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 $226 $12,670 $3,630 $9,040
2023 $226 $11,940 $3,630 $8,310
2022 $507 $11,050 $3,190 $7,860
2021 $404 $9,644 $2,820 $6,824
2020 $162 $8,080 $1,260 $6,820
2019 $169 $8,080 $1,260 $6,820
2018 $144 $7,380 $1,260 $6,120
2017 $137 $7,080 $1,260 $5,820
2016 $298 $11,700 $3,060 $8,640
2015 -- $7,060 $2,740 $4,320
2014 -- $6,920 $2,660 $4,260
2013 -- $7,340 $2,660 $4,680
Source: Public Records

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Source: Walker Area Association of REALTORS®

MLS Number: 21-1836

APN: 16-08-27-0-001-015-0020