NOT LISTED FOR SALE

1503 16th Ave SW Decatur, AL 35601

Westmead Neighborhood

Estimated Value: $180,754 - $243,000

3 Beds
2 Baths
1,960 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $55,000 $28 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,118/month

52 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of February 2012

This property is eligible under the Freddie Mac First Look Initiative through 12/24/2011. ALL FACTS AND MEASUREMENTS TBV BY PURCHASER. STRONGLY ENCOURAGED TO HAVE PROOF OF FUNDS AND PRE-APPROVAL LETTER FROM INTENDED SOURCE OF FINANCING AND EARNEST MONEY IN CERTIFIED FUNDS WITH OFFER. The offer must specify if the purchaser is investor or is to be owner occupied. After making an offer, please allow two full business days to receive a response from the seller.

Last Agent to Sell the Property

Mark Moody

MarMac Real Estate License #021643 Listed on: 12/09/2011

MarMac Real Estate

Last Buyer's Agent

Lynn Walden

RE/MAX Platinum License #54021

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88 x 132

Home Design

  • Slab Foundation

Interior Spaces

  • 1,960 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Brkhaven Elementary School
  • Austin High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Westmeade Subdivision

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 0207252005048000

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Living Area: 1960
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 88 x 132
  • Subdivision Name: Westmeade
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 3
  • Levels: Two
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 180
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 204
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 260
  • Room Kitchen Area: 126
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 165
  • Room Dining Room Area: 110

Exterior Features

  • Foundation Details: Slab
  • Property Condition: Unknown

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Brkhaven(Do Not Use)

Lot Info

  • Parcel Number: 0207252005048000
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 96

MLS Schools

  • Elementary School: West Decatur
  • High School: Austin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2013
Sold by
Wallace Clyde L
Bought by
Wallace Daniel Scott
Current Estimated Value
$205,189

Purchase Details

Listed on
Dec 9, 2011
Closed on
Feb 3, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wallace Clyde L
Seller's Agent
Mark Moody
MarMac Real Estate
Buyer's Agent
Lynn Walden
RE/MAX Platinum
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%

Purchase Details

Closed on
Nov 30, 2011
Sold by
White Terry M and Wells Fargo Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 8, 2006
Sold by
White Terry and Wallace Terry
Bought by
White Terry
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
Wallace Daniel Scott $55,000 None Available
Wallace Clyde L $55,000 None Available
Federal Home Loan Mortgage Corporation $78,000 None Available
White Terry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Terry M $102,100
Previous Owner Wallace Terry $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2012 06/04/12 Off Market $55,000 -- --
02/29/2012 02/29/12 Sold $55,000 -15.3% $28 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $64,900 -- $33 / Sq Ft
Source: ValleyMLS.com

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 -- $9,970 $1,050 $8,920
2023 $0 $9,970 $1,050 $8,920
2022 $0 $9,970 $1,050 $8,920
2021 $0 $8,500 $1,050 $7,450
2020 $298 $15,950 $1,050 $14,900
2019 $298 $8,520 $0 $0
2015 $312 $7,940 $0 $0
2014 $312 $7,940 $0 $0
2013 -- $8,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Moody

    Seller's Agent in 2012

    Mark Moody

    MarMac Real Estate

    (256) 466-4470

    1 in this area

    92 Total Sales

    Section Image

  • L

    Buyer's Agent in 2012

    Lynn Walden

    RE/MAX

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 962205

ValleyMLS.com

APN: 02-07-25-2-005-048.000

Alabama Morgan County Decatur 35601 Westmead

1503 16th Ave SW, Decatur, AL

This home is located at 1503 16th Ave SW, Decatur, AL 35601 since 09 December 2011 and is currently estimated at $205,189, approximately $104 per square foot. 1503 16th Ave SW is a home located in Morgan County with nearby schools including Woodmeade Elementary School, Brookhaven Middle School, and Austin High School.

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