HUD Home Value
 
 
The estimated best bid is $108,976 for 285 County Road 351, Leesburg, AL, 35983, Cherokee County
This house already sold. The bid HUD accepted was $118300. How does that compare to the estimate in your opinion?
This bid estimate is based purely on computer generated statistics and is given without any warranty expressed or implied. This could be thousands of dollars off from a bid that HUD will accept. Proceed with caution and only bid an amount that you are willing to pay for the property.
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Final asking price: $125,000
Estimated best bid: $108,976
Actual accepted bid$118,300
Days on market: 13 days


As-is value:$125000
Bedrooms:2 beds
Bathrooms:2 baths
Total rooms:5 rooms
Size:1488 sq ft
Year built:1995

Picture of HUD home at 285 County Road 351, Leesburg, AL, 35983, Cherokee County (HUD Home case #011-660739)

How this information was computed

Average bid as a percent of first asking price: 72.26%
Average bid as a percent of final asking price: 78.11%
Average days on the market: 51.35 days
Total number of results: 18
Least squares linear regression curve for bid price based on days-on-market:
y = -0.2473x + 90.3961 (where x is the number of days on market, and y is the accepted bid price as a percent of the final asking price)

Don't understand least-squares regression? Here's what that information means in a table.
Days on the market:0 days10 days30 days60 days90 days120 days51.35 days
(average days on market)
Expected bid amount
(as a percent of asking price)
90%88%83%76%68%61%78%

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Click here to see the original listing on HUD's website

Here is a list of the properties used to create these statistics
Case IDAddressSizeBeds/BathsYear builtInitial asking priceFinal asking priceSale price (net to HUD)Days on market
011-590488 4915 Lakeplace Rd
Cedar Bluff, AL, 35959
1165 ft2 3/2 1994 $51000
(sold for 56.02% of this price)
$40800
(sold for 70.02% of this price)
$28570 80
011-534799 11470 County Road 59
Centre, AL, 35960
1284 ft2 2/2 1992 $25000
(sold for 38.50% of this price)
$15000
(sold for 64.17% of this price)
$9625 134
011-681126 2370 County Road 26
Centre, AL, 35960
1429 ft2 2/2 1950 $40000
(sold for 82.10% of this price)
$36000
(sold for 91.22% of this price)
$32840 59
011-641446 15370 County Road 29
Centre, AL, 35960
1772 ft2 3/2 1970 $115000
(sold for 40.51% of this price)
$93150
(sold for 50.01% of this price)
$46583 103
011-574559 13128 Us Highway 411 N
Centre, AL, 35960
1694 ft2 2/2 2004 $168000
(sold for 44.55% of this price)
$136080
(sold for 55.01% of this price)
$74851 119
011-587036 1535 County Road 140
Gaylesville, AL, 35973
1793 ft2 3/2 1940 $94000
(sold for 67.50% of this price)
$84600
(sold for 75.00% of this price)
$63450 67
011-554929 4038 County Road 48
Cedar Bluff, AL, 35959
1056 ft2 3/2 2007 $25000
(sold for 84.00% of this price)
$25000
(sold for 84.00% of this price)
$21000 11
011-652009 2220 County Rd 59
Piedmont, AL, 36272
1782 ft2 3/2 2009 $120000
(sold for 45.01% of this price)
$108000
(sold for 50.01% of this price)
$54007 49
011-607875 1213 W Main St
Centre, AL, 35960
1072 ft2 3/2 1950 $35000
(sold for 96.29% of this price)
$35000
(sold for 96.29% of this price)
$33700 4
011-487422 150 County Rd 2
Piedmont, AL, 36272
2299 ft2 3/2 1976 $48000
(sold for 67.56% of this price)
$43200
(sold for 75.07% of this price)
$32430 63
011-506997 4983 Lake Place Lane
Cedar Bluff, AL, 35959
1263 ft2 3/2 1995 $48000
(sold for 101.14% of this price)
$48000
(sold for 101.14% of this price)
$48549 9
011-634367 215 Hardwood Hills
Centre, AL, 35960
1106 ft2 3/2.1 2007 $45000
(sold for 108.19% of this price)
$45000
(sold for 108.19% of this price)
$48686 8
011-679237 440 County Road 754
Fort Payne, AL, 35967
3092 ft2 4/2.1 1969 $78000
(sold for 85.49% of this price)
$78000
(sold for 85.49% of this price)
$66680 13
011-569333 6 Smith Court
Centre, AL, 35960
1456 ft2 3/2 1968 $52000
(sold for 73.21% of this price)
$46800
(sold for 81.35% of this price)
$38070 105
011-660739 285 County Road 351
Leesburg, AL, 35983
1488 ft2 2/2 1995 $125000
(sold for 94.64% of this price)
$125000
(sold for 94.64% of this price)
$118300 14
011-537277 121 Pine Street
Centre, AL, 35960
1405 ft2 4/2 1948 $5000
(sold for 53.04% of this price)
$5000
(sold for 53.04% of this price)
$2652 12
011-617560 446 Centre Street
Centre, AL, 35960
1568 ft2 3/1.1 1968 $60000
(sold for 86.17% of this price)
$60000
(sold for 86.17% of this price)
$51700 23
011-626408 5845 County Road 5
Leesburg, AL 35983
0 ft2 3/2 0 $88000
(sold for 76.73% of this price)
$79200
(sold for 85.26% of this price)
$67522 unknown

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