For sale

Price cut: $35.5K (6/27)

$239,500

701 Lookout Ter E, Fort Payne, AL 35967

3beds

1,496sqft

$1,418/mo

Get pre-qualified

Single Family Residence

Built in 1979

0.54 Acres Lot

$234,600 Zestimate^®

$160/sqft

$-- HOA

What's special

Three-bedroom two-bath home

Lookout Mountain Home in Fort Payne Charming three-bedroom, two-bath home located on beautiful Lookout Mountain within the Fort Payne city limits. This well-maintained property offers approximately 1,496 square feet of comfortable living space with a spacious layout designed for everyday living. An included outbuilding provides excellent extra storage, workshop space, or hobby area. Enjoy mountain living with the convenience of being just minutes from shopping, dining, schools, and all that Fort Payne has to offer.

114 days
316
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Master Bedroom, Living Room, Bedroom 2, Bedroom 3, Kitchen, Bonus Room, Office/Study, Bathroom 1, Bathroom 2

Primary bedroom

Features: Ceiling Fan(s), Wood Floor
Level: First
Area: 196
Dimensions: 14 x 14

Bedroom 2

Features: Ceiling Fan(s), Carpet
Level: First
Area: 110
Dimensions: 10 x 11

Bedroom 3

Features: Ceiling Fan(s), Tile
Level: First
Area: 110
Dimensions: 10 x 11

Bathroom 1

Features: Tile
Level: First
Area: 40
Dimensions: 8 x 5

Bathroom 2

Features: Laminate Floor
Level: First
Area: 25
Dimensions: 5 x 5

Kitchen

Features: Tile
Level: First
Area: 130
Dimensions: 10 x 13

Living room

Features: Ceiling Fan(s), Wood Floor
Level: First
Area: 336
Dimensions: 16 x 21

Office

Features: Ceiling Fan(s), Carpet
Level: First
Area: 187
Dimensions: 17 x 11

Bonus room

Features: Linoleum
Level: First
Area: 120
Dimensions: 12 x 10

Heating

Central 1, Propane

Cooling

Central 1

Features

Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,496 sqft

Property

Parking

Parking features: Driveway-Concrete

Features

Levels: One
Stories: 1

Lot

Size: 0.54 Acres

Details

Parcel number: 2303084001074.000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Metes And Bounds

HOA

Has HOA: No

Location

Region: Fort Payne

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $112,120
Annual tax amount: $409
Date on market: 5/7/2026

Estimated market value

$234,600

$223,000 - $246,000

$1,614/mo

Price history

Date	Event	Price
6/27/2026	Price change	$239,500-12.9%$160/sqft
Source: ValleyMLS #21917380 Report a problem
5/7/2026	Listed for sale	$275,000+525%$184/sqft
Source: ValleyMLS #21917380 Report a problem
8/28/1990	Sold	$44,000$29/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$409 -7.3%	$11,220 +14.5%
2023	$441 +2.5%	$9,800 +2.5%
2022	$430 +34.6%	$9,560 +34.6%
2021	$320	$7,100
2020	$320 +21.3%	$7,100 +2.3%
2017	$263	$6,940
2015	$263	$6,940
2014	$263	$6,940 +2.7%
2013	--	$6,760
2012	--	$6,760
2011	--	$6,760
2010	--	$6,760