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Chambers 36863
1235 County Road 450
$186,000
● House - Off Market

1235 County Road 450

Lanett, AL 36863
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$186,191
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

A little cottage in the woods!! This well kept home sits on 2.7 acres and offers a world of privacy. The property features a detached carport, a 12 x 24 shop with doors on both ends, a great back porch and front porch! This could be the one!!
Unit Size
1,080 Ft²
Days on Market
27 days
Land Size
2.84 acres
Price per sqft
$173
Property Type
House
Property Taxes
$29
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago (GAMLS #20132213)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 30, 2023 Listed by Coldwell Banker Spinks Brown $186,700
Listed by Coldwell Banker Spinks Brown

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 3,780
  • Lot Size Frontage Feet: 730
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CETEAHLUSTEE SUB
  • Land Acres: 0000000800
  • Standard Land Use Code: 1000
  • County Land Use Code: R
  • Legal Description 1: BEG 57.52' S OF NW COR OF LOT 4 OF CETEAHLUSTEE SUB., RUN NW'LY159.3', SW'LY224.1', SE'LY377.5' TO CO. ROAD 450, SW'LY ALONG

Neighborhood

  • School District Name: Chambers County School District
  • School Tax School District: COUNTY
  • Census Tract: 953800

Geography

  • Account Number: 451950
  • District: 02
  • Parcel: 12-08-02-10-0-001-002.000
  • Lot: 4
  • Meridian: SEC 10 TWN 23 RNG 28
  • Municipality: COUNTY
  • Latitude: 32.9926
  • Longitude: -85.2267

    Address

  • Full Address: 1235 County Road 450
  • Address - House Number: 1235
  • Address - Street Name: County Road 450
  • State: AL
  • City Name: Lanett
  • Carrier Code: R004
  • 4-Digit Zip Code: 5388
  • Zip Code: 36863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,784
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4659
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 6
  • Final Value: 59,435
  • High Value: 87,126
  • Low Value: 31,743

    Market Valuation

  • Market Total Value: $4,230
  • Market Land Value: $4,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420
  • Assessed Land Value: $420

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3365
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chambers

Stats & Trends

Median Asking:

$218,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1872 ft²

Average Home Age

56.2 years

Currently For Sale

64 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GAMLS

Listed by: Skip Kendrick, Coldwell Banker Spinks Brown
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 20132213
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1235 County Rd 450 built and last sold?
The property at 1235 County Rd 450 was built in and last sold on Jul 27, 2023 for $206,250.
How much is this home worth?
The estimated value of the home located at 1235 County Rd 450 is $0.
What are some comparable homes to 1235 County Rd 450?
There are currently no comparable homes to 1235 County Rd 450.
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