11986 Hwy 48, Wedowee, AL 36278

$420,000
4
BD
3
BA
3,500
SqFt

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List Price
$420,000
Status
ACTIVE
MLS#
21466676
Year Built
2005
Bedrooms
4
Full-baths
3
Region
158
Subdivision
NONE

Property Description

Historical Valuation : A month before the previous owner listed the property, its value was about $237,000. It later sold for $170,000 while in disrepair (see photos) and the seller urgently needed liquidity.It was then extensively repaired and improved. VALUATION: Since the property was listed this May, Zillow has valued it near $350,000, about twice its late-2018 sale price, while Realtor.com has valued it over $460,000, about twice its pre-listing $237,000 value. The starting values differ greatly, yet both roughly doubled. Was the unusual $170,000 sale effectively treated as a permanent valuation baseline? If so, owners investing substantial time and money restoring a property could face a serious pricing problem when selling it again. TODAY(10/2): Zillow removed the duplicate $350,000 pages, but the underlying historical data remain public, including on Trulia. THE HOME: Please see the details and photos. Hopefully, you will find something you especially like. Fiber internet.

Additional Information

Acres
6
Basement
Crawl Space
Fireplaces
1
Heating
Electric
Cooling
Multi Units, Central Air, Electric
Foundation
Slab
Garage Spaces
1
Sewer
Septic Tank
Elementary School
Wedowee
Middle School
Randolph County
High School
Randolph County

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Beycome Brokerage Realty.