NOT LISTED FOR SALE

1518 Oak Lea Rd SW Decatur, AL 35603

Estimated Value: $253,000 - $292,000

3 Beds
2 Baths
1,704 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $172,000 $101 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,523/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Gas Log Fireplace
  • Home Security System

About This Home

As of June 2020

Adorable 3 bedroom 2 bath move in ready home. Split bedroom floor plan, gas fireplace, dinning room and large family room. Kitchen has eat in area, bar, newer LG stainless appliances. Full brick with 2 car attached garage and privacy fenced back yard. Back yard features a large deck and fire pit. Yard is nicely landscaped and has sprinkler system.

Last Agent to Sell the Property

Alexia Claborn

RE/MAX Platinum License #120632 Listed on: 05/14/2020

RE/MAX Platinum

Last Buyer's Agent

Gerald Bourrell

Guardian Real Estate Group License #105907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 73 x 154

Home Design

  • Slab Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Austin Middle Elementary School
  • Austin High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oak Lea Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 13 01 01 3 000 251. 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Lot Details

0

Listing Details

  • Living Area: 1704
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 73 x 154
  • Subdivision Name: Oak Lea
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Security System
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 143
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: First
  • Room Living Room Area: 324
  • Room Kitchen Area: 120
  • Room Master Bedroom Area: 208

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • 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: Austin Middle

Lot Info

  • Parcel Number: 13 01 01 3 000 251. 000
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 11

MLS Schools

  • Elementary School: Chestnut Grove Elementary
  • High School: Austin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 29, 2020
Sold by
Johnson Steven D
Bought by
Cienfuegos Jimenez Rogelio
Seller's Agent
Alexia Claborn
RE/MAX Platinum
Buyer's Agent
Gerald Bourrell
Guardian Real Estate Group
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Current Estimated Value
$268,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,010
Avg. Annual Appreciation
8.89%
Original Mortgage
$175,956
Outstanding Balance
$157,066
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$110,308

Purchase Details

Closed on
Jul 14, 2017
Sold by
Atkins Alexander Marcie and Atkins Marcie Ellerman
Bought by
Johnson Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,040
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2009
Sold by
Atkins John J and Atkins Marcie Ellerman
Bought by
Atkins Marcie Ellerman

Purchase Details

Closed on
May 1, 2008
Sold by
Anderson Angela D
Bought by
Atkins John J and Atkins Marcie Ellerman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,558
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2005
Sold by
Childress Janice
Bought by
Anderson Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cienfuegos Jimenez Rogelio $172,000 None Available
Johnson Steven D $151,300 None Available
Atkins Marcie Ellerman $5,000 None Available
Atkins John J $158,000 None Available
Anderson Angela D $149,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cienfuegos Jimenez Rogelio $175,956
Previous Owner Johnson Steven D $121,040
Previous Owner Atkins John J $157,891
Previous Owner Atkins John J $155,558
Previous Owner Anderson Angela D $149,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2020 09/27/20 Off Market $172,000 -- --
06/29/2020 06/29/20 Sold $172,000 +1.2% $101 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $169,900 -- $100 / 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 $776 $18,160 $2,470 $15,690
2023 $776 $18,160 $2,470 $15,690
2022 $776 $18,160 $2,470 $15,690
2021 $1,451 $16,900 $2,470 $14,430
2020 $1,451 $29,550 $2,470 $27,080
2019 $1,451 $32,020 $0 $0
2015 $595 $14,180 $0 $0
2014 $595 $14,180 $0 $0
2013 -- $14,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alexia Claborn

    RE/MAX

    Section Image
  • Gerald Bourrell

    Buyer's Agent in 2020

    Gerald Bourrell

    Guardian Real Estate Group

    (256) 527-6544

    273 Total Sales

    Gerald Bourrell
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1143651

ValleyMLS.com

APN: 13-01-01-3-000-251.000

Alabama Morgan County Decatur 35603

1518 Oak Lea Rd SW, Decatur, AL

This home is located at 1518 Oak Lea Rd SW, Decatur, AL 35603 since 14 May 2020 and is currently estimated at $268,010, approximately $157 per square foot. 1518 Oak Lea Rd SW is a home located in Morgan County with nearby schools including Chestnut Grove Elementary School, Cedar Ridge Middle School, and Austin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2025 Valley MLS

Nearby Homes