The following 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.
The estimated best bid is $111,538 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?
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Final asking price: $125,000
Estimated best bid: $111,538
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: 69.47%
Average bid as a percent of final asking price: 76.82%
Average days on the market: 67.82 days
Total number of results: 29
Least squares linear regression curve for bid price based on days-on-market:
y = -0.2318x + 92.2437 (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 days67.82 days
(average days on market)
Expected bid amount
(as a percent of asking price)
92%90%85%78%71%64%77%

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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
011-577449 2980 County Road 71
Centre, AL, 35960
2303 ft2 4/2 1983 $56900
(sold for 67.97% of this price)
$51210
(sold for 75.52% of this price)
$38675 64
011-578944 3210 County Rd 34
Centre, AL, 35960
1536 ft2 3/2 2008 $99000
(sold for 37.25% of this price)
$72171
(sold for 51.10% of this price)
$36879 197
011-774220 985 Alexis Rd
Centre, AL, 35960
1443 ft2 4/2 2009 $68000
(sold for 55.29% of this price)
$54400
(sold for 69.12% of this price)
$37600 99
011-712075 2100 Al Highway 35
Gaylesville, AL, 35973
917 ft2 1/1 1989 $107000
(sold for 40.58% of this price)
$86670
(sold for 50.10% of this price)
$43422 96
011-631849 50 County Road 169
Centre, AL, 35960
1511 ft2 2/1 1984 $47500
(sold for 58.95% of this price)
$40000
(sold for 70.00% of this price)
$28000 133
011-528598 11165 Us Hwy 411 N
Centre, AL, 35960
1328 ft2 3/2 1969 $67500
(sold for 35.16% of this price)
$49208
(sold for 48.23% of this price)
$23735 190
011-632082 785 County Rd 640
Cedar Bluff, AL, 35959
1488 ft2 3/2 2007 $72000
(sold for 69.51% of this price)
$57600
(sold for 86.89% of this price)
$50050 102
011-716256 1600 County Road 87
Gaylesville, AL, 35973
1951 ft2 4/2.1 1995 $104500
(sold for 107.94% of this price)
$104500
(sold for 107.94% of this price)
$112801 8
011-584018 13 Oakview Ct.
Centre, AL, 35960
1800 ft2 4/2.1 1966 $33600
(sold for 75.00% of this price)
$28800
(sold for 87.50% of this price)
$25200 54
011-591834 75 County Road 375
Centre, AL, 35960
1157 ft2 3/2 2008 $38000
(sold for 94.37% of this price)
$38000
(sold for 94.37% of this price)
$35861 17
011-711339 3615 Alabama Hwy 68
Gaylesville, AL, 35973
1709 ft2 4/2 2008 $44900
(sold for 72.02% of this price)
$39900
(sold for 81.04% of this price)
$32336 66
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