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1517 Cherry Dr

Lanett, AL 36863

3 bd 3 ba 2,175 sqft Built 1987 Lot 87,556 sqft single_family
Most recent sale
$110,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $110,000 MLS #20007896
Dec 22, 2021 Listed $135,000 MLS #20007896

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $14,220 $1,140 $15,360 $715
2022 $29,280 $2,280 $31,560 $1,656
2021 $12,220 $1,140 $13,360 $641
2020 $12,220 $1,140 $13,360 $640
2019 $12,220 $1,140 $13,360 $640
2018 $12,220 $1,140 $13,360 $640
2017 $10,480 $1,140 $11,620 $549
2016 $10,480 $1,140 $11,620 $549
2015 $10,480 $1,140 $11,620 $549
2014 $10,480 $1,140 $11,620 $549
2013 $10,480 $1,140 $11,620 $508
2010 $11,780 $1,140 $12,920 $571
2008 $11,780 $1,140 $12,920 $571

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,175 sqft
Lot size
87,556 sqft
ZIP code
36863
City
Lanett
Street
Cherry Dr
Coordinates
32.87193, -85.20509

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1517 Cherry Dr last sell?
1517 Cherry Dr most recently sold on Apr 14, 2022 for $110,000.
What is the current tax assessment for 1517 Cherry Dr?
The most recent total assessment for 1517 Cherry Dr (year 2023) is $15,360 with $715 in property tax.
How does 1517 Cherry Dr's assessment compare to its last sale price?
The current assessment is 86.0% below the last sale price of $110,000.
When was 1517 Cherry Dr built?
1517 Cherry Dr was built in 1987.
How does 1517 Cherry Dr compare to others on Cherry Dr?
We track 8 other properties on Cherry Dr. Browse the list under "Other properties on Cherry Dr" to compare beds, baths, and sale history.
What are the property facts for 1517 Cherry Dr?
1517 Cherry Dr is a 3 bed, 3 bath, 2,175 sqft, 87,556 sqft lot single_family.
Is 1517 Cherry Dr a flip candidate?
No — 1517 Cherry Dr does not appear in our flips dataset.
Is 1517 Cherry Dr a tax-appeal candidate?
No — 1517 Cherry Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.2%
2026 Q2
$171.4K
2026 Q3
$170K
ZIP 36863 — Median Price History + Forecast

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