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Off market
  • Price Unknown

    Rosewood Dr, Sterrett, AL 35147

    --beds
    0baths
    42Acres
    VacantLand
    Built in ----
    42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,206 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,206/mo

    Zestimate® history
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    What's special

    For Sale is 42 timber acres located 3 miles from Westover AL - This land is secluded (Land Locked) with very rough road access off Chelsea Game Preserve via Rosewood Rd/Johnson Rd . Located halfway between SR55 and Bear Creek Rd not too far from the Cahaba Valley Country Club Excellent mountain location views - elevation is at the 700 to 1000 foot level - Timber is about 1/3 pine and 2/3 hardwood. There is a stream (Muddy Prong) running thru the north west corner of the property. $80,000 cash (less then $2,000 per acre) OR Owner financed at $2000 down and $450 per month Interest Only Loan 10 year term with balance ($78,000 due at the end of the term) or $900 per month and the land is fully paid for at the end of the 10 years interst rate is 6.95% - taxes are about $300 per year GPS Coordinates (aprox) to the property are as follows: NE Corner: 33.415368,-86.534833 SE Corner: 33.411392,-86.534886 NW Corner: 33.415466,-86.539468 SW Corner: 33.411401,-86.539543 Middle of the Property 33.413460, -86.537311 If you are looking for an investment in the future or for a place to bug-out- this is it - there is lots of marketable timber on the property This is an excellent REMOTE recreation tract for the price. This property has rolling terrain for great views, and great potential for hunting or just to have a place to get away from the city. It is secluded, there are no utilities, and there are no public roads (yet) to the property However it is extremely beautiful and full of mature trees and has fantastic potential for the future. What does un-deeded mean? Un-deeded access means that your use of a road or trail across an adjoining landowner to get to your property is not governed by a written document (or, there is no road at all). This is commonly called a “landlocked” property. It’s the road people “have always used” to get to the property, but a written agreement was never negotiated with the neighbor. The state of Alabama has a law that says you can’t “land lock” your neighbor. That is, deny them physical access. But this does not mean they have to give you a written easement, and it does not mean they have to let you string power lines or run water lines across their property. Un-deeded access can be a problem when borrowed capital is used to buy land. Lenders often will not lend money when the intended security interest is “land locked”. Depends on intended use If you are looking at Alabama land for sale that does not touch on a public road, then how you intend to use the property is key to understanding the issue. For example, if you intend to build a house and will need water and utilities, then having “deeded access” will be critical. You’ll have to negotiate these things with your neighbor. On the other hand, if you are buying hunting land or want to grow timber and 4-wheel with the kids, our experience is the risk is small you’ll have a problem with a neighbor when the access road is well established and it’s use has not been a point of contention with the neighbor. In general, the more landowners who use an un-deeded access road to get to their property, the less likely there will be trouble with the adjoining landowner. How to obtain a deeded access. If having deeded access is critical to your purchase, the best way to proceed is to negotiate a contract with the seller of the “land locked” property that contains a contingency for successfully negotiating a written access agreement with the adjoining landowners. This way if you can’t resolve the issue to your satisfaction you’ll get your deposit back. And meanwhile, you have the property tied up so it can’t sell before you have a chance to solve the issue. It may cost you some money to get the deeded access (payment to adjoining landowner, survey cost, attorney fees, and recording fees) but it is money well spent.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 42 Acres
    Details
    • Parcel number: 100

    Community & HOA

    Location
    • Region: Sterrett

    Price history

    Price history is unavailable.

    Public tax history

    Tax history is unavailable.

    Neighborhood: 35147

    Nearby schools

    GreatSchools rating