NOT LISTED FOR SALE

Lanett, AL 36863

Estimated Value: $54,000 - $85,000

-- Bed
-- Bath
21,600 Sq Ft
$3/Sq Ft Est. Value

Last Sold July 31, 2021

Last sale price $1,763,000 $82 Per Sq Ft

Current estimated payment $389/month

1,247 Days on Market

Highlights

  • 6.17 Acre Lot
  • No HOA
  • Community Barbecue Grill
  • Engineered Wood Flooring
  • Brick Veneer
  • Central Air

About This Home

As of July 2021

Gross rents are $12,725.00 with room for growth.

Last Agent to Sell the Property

Justin Rivers

EXP REALTY, LLC License #112775 Listed on: 01/30/2018

EXP REALTY, LLC

Last Buyer's Agent

PAYTON HESTER

THE PRIME REAL ESTATE GROUP License #113150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1997

Lot Details

  • 6.17 Acre Lot

Home Design

  • Brick Veneer
  • Vinyl Siding

Interior Spaces

  • 21,600 Sq Ft Home
  • 1-Story Property

Flooring

  • Engineered Wood
  • Carpet
  • Linoleum

Schools

  • Lanett Elementary

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, trash collection, water
  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 12 10 07 26 1 006 029.001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,500

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 6.17
  • Subdivision Name: NONE
  • Directions: Go to 1111 N. 2nd circle Lanett, AL.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 21-25
  • Year Built: 1997
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Owner Pays: Grounds Care, Trash Collection
  • Flooring: Carpet, Linoleum, Simulated Wood
  • Living Area: 21600.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick Veneer, Vinyl Siding

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Barbecue
  • Association: No

Schools

  • Elementary School: LANETT ELEMENTARY
  • Middle Or Junior School: LANETT ELEMENTARY

Lot Info

  • Parcel #: 12 10 07 26 1 006 029.001
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 8500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Ronnie Pagan
Bought by
Stilwell Maria and Robles William
Current Estimated Value
$67,475
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
Stilwell Maria $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2021 07/31/21 Sold $1,763,000 -35.9% $82 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
01/30/2018 01/30/18 For Sale $2,750,000 -- $127 / Sq Ft
Source: Lee County 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 $420 $7,480 $460 $7,020
2023 $393 $9,020 $460 $8,560
2022 $338 $6,440 $460 $5,980
2021 $287 $5,460 $460 $5,000
2020 $287 $5,460 $460 $5,000
2019 $287 $5,460 $460 $5,000
2018 $287 $5,460 $460 $5,000
2017 $236 $4,500 $460 $4,040
2016 $236 $4,500 $460 $4,040
2015 $236 $4,500 $460 $4,040
2014 $236 $4,500 $460 $4,040
2013 $218 $4,500 $460 $4,040
Source: Public Records

Agents Affiliated with this Home

  • Justin Rivers

    Seller's Agent in 2021

    Justin Rivers

    EXP REALTY, LLC

    (334) 559-3661

    4 in this area

    215 Total Sales

    Justin Rivers
    Section Image

  • P

    Buyer's Agent in 2021

    PAYTON HESTER

    THE PRIME REAL ESTATE GROUP

    (334) 559-9180

    1 in this area

    25 Total Sales

    PAYTON HESTER
    Section Image
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Source: Lee County Association of REALTORS®

MLS Number: 127978

APN: 10-07-36-1-002-052.000

Alabama Chambers County Lanett

36863

Not Listed for Sale

MultiFamily

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