NOT LISTED FOR SALE

Lot 8 Cedar Valley Dr Unit 8 Wedowee, AL 36278

Estimated Value: $213,000

1.1 Acres
$193,636 Price per Acre
47,916 Sq Ft Lot

Last Sold December 02, 2017

Last sale price $67,500

Est. 216% increase in value since last sale

Current estimated payment $1,174/month

202 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Community Boat Launch
  • Lake View
  • Docks
  • Fishing Allowed
  • Lake Property

About This Lot

As of December 2017

REDUCED! READY TO SELL! Come to the lake! Bring your family and friends with over 200' of shoreline. Unrestricted lot. Flat lot on cul-de-sac only 5 minutes from downtown Wedowee. Perk test has been done. There is a fire hydrant within 100'. There is a place to have your own personal boat ramp. A strong stationary dock is in place that was built by the Amish with 6'x6' timber. A great lot to build on!

Last Agent to Sell the Property

David Meddick

Lake & Lands Realty License #94025 Listed on: 03/21/2017

Last Buyer's Agent

Terry Norton

Lake Homes Realty LLC

Lake Homes Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $256

Lot Details

  • 1.1 Acre Lot
  • 200 Feet of Waterfront

Property Views

  • Lake Views

Schools

  • Wedowee Elementary And Middle School
  • Randolph County High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Community Boat Launch
  • Fishing Allowed
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed
  • Docks
  • Lake Property

Listing and Financial Details

  • Assessor Parcel Number 56 08 06 14 0 000 005.011

Property Details

Property Type

Land

Est. Annual Taxes

$256

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Home Owner Restrict.
  • Legal Description: LOT 8 CEDAR VALLEY S DUNRECORDEDBEING PT OF NW1 4 OF NW1 4SEC. 14 T19S R11E NBHD: UPPER LITTLE RIVER
  • Property Type: Lots
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lake Wedowee
  • Waterfront Frontage: 200
  • Road Access: Gravel Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities On-site: Cable Onsite, Electricity, Phone

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Direct Water Access, Fishing Allowed, Skiing Allowed, Swimming Allowed

Lot Info

  • Assessor Parcel Number: 56 08 06 14 0 000 005.011
  • Lot View: Lake/Water View
  • Number Acres: 1.1
  • Best Use Per Zone: Residential
  • Improvements: Dock, Lake
  • Lot Description Type: Entire Parcel Only
  • Lot View: Yes
  • Surrounding Area: Residential, Undeveloped

Tax Info

  • Tax District: County
  • Annual Tax: 256

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: WEDOWEE
  • High School: RANDOLPH COUNTY
  • Jr Middle School: WEDOWEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Thomas Cheryl J and Thomas Robert L
Bought by
Cotton Ross E and Cotton Lesa S
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$47,926
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$165,074

Purchase Details

Listed on
Mar 21, 2017
Closed on
Nov 29, 2017
Sold by
Vernetti Kevin J
Bought by
Cheryl Thomas J and Cheryl Robert Thomas
Seller's Agent
David Meddick
Lake & Lands Realty
Buyer's Agent
Terry Norton
Lake Homes Realty LLC
List Price
$93,800
Sold Price
$67,500
Premium/Discount to List
-$26,300
-28.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%

Purchase Details

Closed on
Aug 16, 2005
Sold by
Poole Grover
Bought by
Vernetti Kevin J and Vernetti Christina
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
Cotton Ross E $140,000 None Listed On Document
Cotton Ross E $140,000 None Listed On Document
Cheryl Thomas J $67,500 --
Vernetti Kevin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Ross E $50,000
Closed Cotton Ross E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2017 12/02/17 Sold $67,500 0.0% --
10/09/2017 10/09/17 Off Market $67,500 -- --
10/09/2017 10/09/17 Pending -- -- --
09/22/2017 09/22/17 Off Market $67,500 -- --
03/21/2017 03/21/17 For Sale $93,800 -- --
Source: Greater Alabama MLS

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 $646 $20,180 $20,000 $180
2023 $646 $8,180 $8,000 $180
2022 $646 $8,180 $8,000 $180
2021 $646 $8,180 $8,000 $180
2020 $262 $8,180 $8,000 $180
2018 $256 $8,000 $8,000 $0
2017 $256 $8,000 $8,000 $0
2016 $256 $8,000 $8,000 $0
2015 $256 $40,000 $0 $0
2014 -- $40,000 $0 $0
2013 $256 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 777853

Greater Alabama MLS

APN: 08-06-14-0-000-005-0110