17903 Highway 134, Enterprise, AL 36330#
Enterprise, AL 36330 | Coffee County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 85/100 |
| Asking Price | $20,000 |
| Acreage | 3.7 acres |
| Price/Acre | $5,434/ac |
| County Median $/Ac | $26,756/ac |
| vs County Median | 20.3% |
| Days on Market | 272 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | CENTURY 21 REGENCY REALTY |
| Listing Type | FSBA |
Motivation Signals#
- 272 days on market
- Price dropped $20,000
- Absentee owner
| Field | Value |
|---|
| Owner | JAMES GORAM |
| Mailing Address | 17903 HIGHWAY 134, ENTERPRISE, AL 36330-5547 |
| Assessed Value | $28,800 |
| Market Value | $143,840 |
| Annual Tax | $1,009 (2024) |
| Last Sale | $98,000 (2014-04-14) |
| Parcel # | 1506140000009000 |
| Zoning | Residential |
| Legal | A LOT IN SW 1 4 OF SW 1 4 DESC. AS COM AT A PT. 315 SWLY FROM INTER. E LINE SAID 1 4 & N ROW HWY. 134 TH CONT. SWLY 210TH N 2 |
Asking/Assessed Ratio: 0.69 (BELOW assessed = potential steal)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $10,000 | 50% |
| Standard | $12,000 | 60% |
| Conservative | $14,000 | 70% |
Owner-Finance Projections#
Based on buying at $12,000 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $30,000 |
| Down Payment (15%) | $4,500 |
| Financed Amount | $25,500 |
| Monthly Payment | $423 |
| Total Cash Received | $40,060 |
| Total Invested | $12,400 |
| Gross Profit | $27,660 |
| ROI | 223% |
Due Diligence Links#