510 N 5th St, Lanett, AL, 36863

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

510 N 5th St, Lanett$135,000

Buyer Closing Credits

$1,603^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeOther

Year Built1940

HeatingElectric, Heat Pump

CoolingCeiling Fan(s), Central Air, Electric, Heat Pump

FireplaceNone

ViewNone

MLS #169687

Lot Size0.40 Acres

StatusActive

About 510 N 5th St

Back on the market with no fault of my seller! Owner has done some upgrades! So you think there are no affordable homes on the market? Well, think again! This home located in Lanett has a new metal roof, new HVAC, new plumbing, new electrical and painted sheetrock throughout. As you pull up to the home, you will see the freshly prepared landscaping that compliments the rocking chair front porch. Open the door and you are greeted with a spacious living room/kitchen open concept. The kitchen has new cabinets and granite countertops. There are 3 bedrooms and a large bathroom with nice fixtures. The home sits just under a half an acre. Dont miss out on this home. Call today for your private showing!

View More

Property Details

Property Features

Property Information:

• Year Built: 1940
• Stories: 1
• Living Area: 1,357 SqFt

Listing Office:

• Office Name: AT HOME PROFESSIONAL REAL ESTATE SERVICES LLC
• Office Phone: (706) 586-1135
• Listing Agent: ANGELIA THOMAS

Interior Features

Interior Information:

• Appliances: Cooktop, Electric Range
• Flooring Type: Simulated Wood, Vinyl
• Interior: Ceiling Fan(s), Eat-in Kitchen, Other, See Remarks
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: None
• Exterior: None

Lot Features

Lot Information:

• Lot Size: 0.40 Acres

Utilities

Utilities Information:

• Heating: Electric, Heat Pump
• Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump

Other

Directions Information:

• Directions: From Eixt 79 N (please be advised of the traffic change) turn left towards Lanett. Turn left on 1st Street in Lanett then right at traffic light at fountain. Turn left on N 5th Street. House will be down on the right. Look for sign. PLEASE USE GPS FOR DETOURED ROUTE

Price Information

Listing Price Info

Price Summary:

• List Price: $135,000
• Price Per SqFt: $99/SqFt

Tax Information:

• Annual Amount: $35
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lanett, AL.

Lanett, AL

City

Med. Sold Price

$165K

Med. Price/SqFt

$104

Avg. Days On Market

71

# of Sold Homes

4

510 N 5th St vs Lanett

10 DAYS ON ROCKET

-61 Days

$135,000

-$30K Less

$99/SqFt

-$6 Less

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $6/SqFt less than other homes in Lanett, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: LeeCountyAL
• MLS Number: #169687

Listing Office:

• Office Name: AT HOME PROFESSIONAL REAL ESTATE SERVICES LLC
• Office Phone: (706) 586-1135
• Listing Agent: ANGELIA THOMAS

Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 10:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$35	$2,160
2019	$35	$2,160
2018	$35	$2,160

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$741

Per Month

Principal & Interest

$674

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Alabama›Chambers County›Lanett›36863›510 N 5th St

This home is located at 510 N 5th St in Lanett, AL and zip code 36863. This 1,357 square foot home, which was built in 1940, sits on a 0.40 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $135,000.

In December 2024 more than 1 listings in Lanett, AL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of listings in Lanett, AL increased by 3.7% between November 2024 and December 2024. In December 2024 median list price was $165,000 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.