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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
Subtype: Residential
Year Built: 2005
Bedrooms: 4
Bathrooms: 3
Full Baths: 3
Living Area: 3,500
Lot Size: 261,360
Acres: 6
Subdivision: NONE
MLS Area Major: 158

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Property Description

Historical Valuation Clarification HISTORY: 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: 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.

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Additional Information

Exterior Features: Balcony, Porch
Flooring: Hardwood
Heating: Electric
Air Conditioning: Multi Units, Central Air, Electric
Levels: One and One Half
Foundation: Slab
Parking Features: Assigned
Garage Spaces: 1
Elementary School: Wedowee
Middle School: Randolph County
High School: Randolph County