NOT LISTED FOR SALE

1550 River Bend Place SE Decatur, AL 35601

Estimated Value: $267,000 - $273,925

3 Beds
2.5 Baths
2,528 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $250,000 $99 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,667/month

34 Days on Market

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Screened Porch
  • Eastwood Elementary School Rated A-
  • No HOA
  • Gazebo

About This Home

As of November 2021

This beautiful town home near Point Mallard Park is a must see. 2529square feet of perfect details from the 75-gallon water heater to the pullout shelves in all the lower cabinets in the gourmet kitchen. Three bedrooms and 3 baths or 2 bedrooms and the perfect home office, home gym, home media room or playroom. The outdoor spaces are beautiful and perfect for entertaining including a gazebo with composite flooring and a workshop. All the rooms are large and have abundant storage including a full attic. Plantation blinds, granite throughout and glamourous master bath with oversized jacuzzi tub. There is room to store a golf cart and it right across the street from the golf course.

Last Agent to Sell the Property

Karen Smith

MarMac Real Estate License #131721 Listed on: 08/13/2021

MarMac Real Estate

Last Buyer's Agent

Regina Corbitt

Linda Blue Real Estate, LLC License #127416

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 25 x 125 x 25 x 137
  • Sprinkler System

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,528 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Screened Porch
  • Double Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Decatur Middle Elementary School
  • Decatur High School

Additional Features

  • Gazebo
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • River Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Assessor Parcel Number 03 08 27 2 000 009.000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,251

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Living Area: 2528
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 25 x 125 x 25 x 137
  • Subdivision Name: River Bend Subdivision
  • Architectural Style: Open Floor Plan
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1988
  • RoomMasterBathroomLevel: Second
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Double Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 330
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 266
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 456
  • Room Kitchen Area: 132
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 270
  • Room Dining Room Area: 136

Exterior Features

  • Lot Features: Sprinkler Sys
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Porch, Screened Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

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: Decatur Middle School

Lot Info

  • Parcel Number: 03 08 27 2 000 009.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 8

MLS Schools

  • Elementary School: Eastwood Elementary
  • High School: Decatur High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 28, 2021
Sold by
Covington Clayton Earl and Covington Lybia Lee
Bought by
Mitchell Veronica
Seller's Agent
Karen Smith
MarMac Real Estate
Buyer's Agent
Regina Corbitt
Linda Blue Real Estate, LLC
List Price
$258,400
Sold Price
$250,000
Premium/Discount to List
-$8,400
-3.25%
Current Estimated Value
$271,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,481
Avg. Annual Appreciation
2.19%
Original Mortgage
$245,471
Outstanding Balance
$225,404
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$46,077

Purchase Details

Closed on
Feb 27, 2007
Sold by
Covington Clayton Earl and Estate Of Gail C Covington
Bought by
Covington Clayton Earl and Covington Lybia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
6.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mitchell Veronica $250,000 None Available
Covington Clayton Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Keith A $127,017
Closed Mitchell Veronica $10,833
Open Mitchell Veronica $245,471
Previous Owner Covington L Earl L $139,143
Previous Owner Covington Clayton Earl $37,800
Previous Owner Covington Clayton Earl $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $250,000 -1.1% $99 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $252,800 -2.2% $100 / Sq Ft
08/14/2021 08/14/21 For Sale $258,400 0.0% $102 / Sq Ft
08/13/2021 08/13/21 Price Changed $258,400 -- $102 / 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 $2,251 $24,850 $5,000 $19,850
2023 $2,251 $24,850 $5,000 $19,850
2022 $821 $19,170 $1,860 $17,310
2021 $692 $16,310 $1,860 $14,450
2020 $645 $28,680 $1,860 $26,820
2019 $645 $15,280 $0 $0
2015 $602 $14,340 $0 $0
2014 $602 $14,340 $0 $0
2013 -- $14,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Smith

    Seller's Agent in 2021

    Karen Smith

    MarMac Real Estate

    (256) 694-4965

    13 Total Sales

    Karen Smith
    Section Image
  • Regina Corbitt

    Buyer's Agent in 2021

    Regina Corbitt

    Linda Blue Real Estate, LLC

    (256) 590-3736

    62 Total Sales

    Regina Corbitt
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1788481

ValleyMLS.com

APN: 03-08-27-2-000-009.000

Alabama Morgan County Decatur 35601

1550 River Bend Place SE, Decatur, AL

This home is located at 1550 River Bend Place SE, Decatur, AL 35601 since 13 August 2021 and is currently estimated at $271,481, approximately $107 per square foot. This property was built in 1988. 1550 River Bend Place SE is a home located in Morgan County with nearby schools including Eastwood Elementary School, Decatur Middle School, and Horizon High School.

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