NOT LISTED FOR SALE

1502 Old Memphis Rd Tuscumbia, AL 35674

Estimated Value: $256,000 - $277,000

4 Beds
3 Baths
2,265 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $205,000 $91 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,550/month

106 Days on Market

Highlights

  • 0.75 Acre Lot
  • 1 Fireplace
  • Separate Outdoor Workshop
  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage

About This Home

As of January 2023

4 bedroom / 3 bath home located minutes from Deshler High School and Spring Park! Situated on a large 3/4 Acre Lot-convenient to shopping, eating, and schools. Home features beautiful hardwood floors and ceramic throughout. The eat-in kitchen offers a plethora of beautiful oak custom hardwood cabinets, with good working space for the chef of the family. Living room offers plenty of space to enjoy down time with family, and a beautiful fireplace to cozy up beside. Enclosed garage offers additional space for a game room or den, and upstairs you will find a large apartment space with its own bath. The Detached 24x28 shop is ready for your next project.

Last Agent to Sell the Property

Tracy Black

MarMac Real Estate - The Shoals License #000109910 Listed on: 09/01/2022

MarMac Real Estate - The Shoals

Last Buyer's Agent

Lori Kelley

MarMac Real Estate - The Shoals License #138050

MarMac Real Estate - The Shoals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1963

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 110 x 297

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,265 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Deshler High School

Additional Features

  • Separate Outdoor Workshop
  • Central Air

Community Details

  • No Home Owners Association
  • Tuscumbia Community
  • Meadow Drive Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 1303074003026000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 2265
  • Built Before 1978 (Y/N): Yes
  • Closing Attorney: Amy Scott
  • Docs Count: 1
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 110 x 297
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 102.76
  • Subdivision Name: Meadow Drive
  • GarageYN: Yes
  • Agent Only_ L A1 User Code: S1104_172711
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 3
  • Basement YN: No
  • Flooring: Carpet, Hardwood, Tile (Flooring)
  • LivingArea: 2265
  • Price Per S Q F T: 90.51
  • Total Bedrooms: 4
  • Fireplaces: 1
  • FireplaceYN: Yes
  • Main Level Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 3

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • OtherStructures: Workshop (OtherStr)
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Garage - Attached
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Association: No
  • Community Name: Tuscumbia

Schools

  • Elementary School: City
  • Middle School: City
  • High School: Deshler

Lot Info

  • Acres: 0.75
  • Parcel Num: 1303074003026000

Building Info

  • Year Built: 1963
  • BuildingAreaTotal: 2265

Tax Info

  • Tax Lot: 9

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: Deshler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 19, 2023
Sold by
Hill William C and Hill Sarah K
Bought by
Hill William Carl and King Sarah
Seller's Agent
Tracy Black
MarMac Real Estate - The Shoals
Buyer's Agent
Lori Kelley
MarMac Real Estate - The Shoals
List Price
$199,500
Sold Price
$205,000
Premium/Discount to List
$5,500
2.76%
Views
7
Current Estimated Value
$267,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,639
Avg. Annual Appreciation
10.72%
Original Mortgage
$201,286
Outstanding Balance
$187,969
Interest Rate
0.62%
Mortgage Type
Construction
Estimated Equity
$78,066
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hill William Carl $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill William Carl $201,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $205,000 +2.8% $91 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $199,500 -- $88 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,005 $21,840 $1,880 $19,960
2023 $1,005 $20,840 $0 $0
2022 $0 $18,680 $0 $0
2021 $0 $16,880 $0 $0
2020 $0 $15,300 $0 $0
2019 $0 $14,640 $0 $0
2018 $0 $14,640 $0 $0
2017 $0 $12,840 $0 $0
2016 $0 $12,500 $0 $0
2013 $456 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 507522

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 13-03-07-4-003-026.000