NOT LISTED FOR SALE

1525 Olive St SE Decatur, AL 35601

Delano Park Neighborhood

Estimated Value: $99,000 - $161,000

2 Beds
2 Baths
1,051 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $48,000 $46 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $710/month

26 Days on Market

Highlights

  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Decatur High School Rated A-
  • No HOA

About This Home

As of May 2018

Cute Bungalow located in SE Decatur. 2 BR / 2 BA Newly remodeled, new floors, and fresh paint. The work is done, and it's ready to move right in. Great starter home or rental property.

Last Agent to Sell the Property

Adrienne Whisenant

Ace Management & Realty, LLC License #000091990-0 Listed on: 04/20/2018

Last Buyer's Agent

Chelsea McKinney

Leading Edge R.E. Group-Mad. License #104703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $419

Year Built

  • Built in 1940

Lot Details

  • 5,401

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,051 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Schools

  • Oak Park (Use Decatur Middle Sch Elementary School
  • Decatur High School

Additional Features

  • Lot Dimensions are 40 x 135
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • D L I & F C Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0030420001018003.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$419

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Living Area: 1051
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 40 x 135
  • Subdivision Name: D L I & F C
  • Architectural Style: Bungalow/Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Range
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: First
  • Room Master Bedroom Area: 182

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: Oak Park (Use Decatur Middle Sch

Lot Info

  • Parcel Number: 0030420001018003.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 12

MLS Schools

  • Elementary School: Somerville Road (Now Oak Park)
  • High School: Decatur High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 23, 2018
Sold by
Looney Michael T
Bought by
Knox Lane Llc
Seller's Agent
Adrienne Whisenant
Ace Management & Realty, LLC
Buyer's Agent
Chelsea McKinney
Leading Edge R.E. Group-Mad.
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Current Estimated Value
$123,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,942
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Jul 17, 2017
Sold by
York James D
Bought by
Looney Michael T

Purchase Details

Closed on
May 20, 2015
Sold by
Looney Michael T
Bought by
York James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2010
Sold by
Looney Browning Properties Llc
Bought by
Looney Michael T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Knox Lane Llc $48,000 None Available
Looney Michael T $37,614 None Available
York James D $45,000 None Available
Looney Michael T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner York James D $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Off Market $48,000 -- --
05/30/2018 05/30/18 Sold $48,000 -12.7% $46 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $55,000 -- $52 / 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 $419 $4,630 $600 $4,030
2023 $419 $9,260 $1,200 $8,060
2022 $419 $9,260 $1,200 $8,060
2021 $393 $8,680 $1,200 $7,480
2020 $393 $8,680 $1,200 $7,480
2019 $393 $8,680 $0 $0
2015 $326 $7,200 $0 $0
2014 $326 $7,200 $0 $0
2013 -- $7,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adrienne Whisenant

    Ace Management & Realty, LLC

    (256) 466-1419

    2 Total Sales

    Adrienne Whisenant
    Section Image
  • Chelsea McKinney

    Buyer's Agent in 2018

    Chelsea McKinney

    Leading Edge R.E. Group-Mad.

    (256) 679-7797

    54 Total Sales

    Chelsea McKinney
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1092007

ValleyMLS.com

APN: 03-04-20-1-018-003.000

Alabama Morgan County Decatur 35601 Delano Park

1525 Olive St SE, Decatur, AL

This home is located at 1525 Olive St SE, Decatur, AL 35601 since 20 April 2018 and is currently estimated at $123,942, approximately $117 per square foot. This property was built in 1940. 1525 Olive St SE is a home located in Morgan County with nearby schools including Somerville Road Elementary School, Decatur Middle School, and Horizon High School.

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