707 Oak Dr NE Cullman, AL 35055

3 beds · 1 bath · 1,084 sq ft · Lot Size: 11,550 sq ft · Single Family Home
Est. Property Value: $132,981

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707 Oak Dr NE is in the 35055 neighborhood of Cullman, AL. It is located in Cullman County and ZIP code 35055. This Single Family Home was built in 1900 and is approximately 125 years old. The single family home spans 1084 sq ft with 3 bedrooms and 1 bathroom and sits on a 11550 sq ft lot. According to public records, it was last sold in 2023 for $121,000 and has a tax-assessed value of $145,100, which is $123 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 707 Oak Dr NE Cullman, AL 35055 with Property Intel by Whitepages.

707 Oak Dr NE

Cullman, AL 35055

Neighborhood

Owners & Occupancy for 707 Oak Dr NE

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1******************** age 38
Resident 2*********

Property Financials for 707 Oak Dr NE

707 Oak Dr NE, Cullman, AL has no known mortgage. The Cullman county assessment for 2024 values it at $145,100, with annual taxes of $1,117.

Property Tax

Purchase DateApril 13, 2023
Property Tax Amount$1,117 in 2024
Purchase Price$121,000
Assessed Value$145,100 on 2024

Investment Potential for 707 Oak Dr NE

The property has a current estimated value of $132,981, which is 35% below the zip median, based on public records. It last sold on April 13, 2023 for $121K. Projected long-term
is $10,800 annually ($900 per month) with a 89% occupancy rate.

Discover more Single Family Homes in 35055.

Long-Term

Gross Rental
$10,800 per year($900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 35055 zip code
 
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Property Details for 707 Oak Dr NE

Property Details

Property Sq Ft

Living Area

1,084 sq ft

27% below market

Lot Size

11,550 sq ft

24% below market

Price Per Sq Ft

Living Area

$123 / sq ft

5% above market

Lot Size Area

$12 / sq ft

11% below market

Property condition, age, exterior, etc. for 707 Oak Dr…
Longitude: -86.838427 Latitude: 34.184703 Parcel Number (APN): 17-02-10-1-006-026.000…

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Discover more single family homes near 707 Oak Dr NE in Cullman, Alabama. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 707 Oak Dr NE in Cullman County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$132,981
$186,811
-$53,830 (-29%)
YoY Price Change
Year Built
1900
1980
-80 years
Living Space
1,084 sq ft
1,596 sq ft
-512 (-32%)
$ Per Living Sq Ft
$123
$113
$10 (9%)
Lot Size
11,550 sq ft
15,000 sq ft
-3450 (-23%)
$ Per Lot Sq Ft
$12
$11
$0 (2%)

Net Operating Income
$15,505
-$8,235 (-53%)
Annual Revenue
$10,800
$21,000
-$10,200 (-49%)
$4,637
-$1,107 (-24%)
Net Operating Income
$15,505
-$8,235 (-53%)
Cap Rate
8.26%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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